Hi,
I want to start a online business for advertising ads on it and some people said to me that the only legal procedure I need to take is to create a PayPal Business Account? If so, is it true? Where can I enroll that Business Account stuff and is it expensive?
Thanks for your help.
I live in Alberta, Canada, btw.
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"What Is Paypal Business Account And Where Can I Enroll It?" was posted on Sunday, June 28th, 2009 at 1:11 am.
“What Is Paypal Business Account And Where Can I Enroll It?”下有3 Responses条评论.
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Paypal Business Account is NOT a legal procedure. When you talk of a legal procedure for starting an online business, that involves:
- registering your business with your county if you are starting a sole proprietorship. Business registration procedures vary by state, and some like Virginia is so easy you just have to pay the filing fee and put in your assumed business name
- file with the Secretary of State if your business will be a corporation, partnership or LLC
Paypal Business account is merely a way to accept payments — it is not a legal requirement. Here is the process for signing up for a business account with Paypal https://www.paypal.com/cgi-bin/webscr?cm...
You will pay fees with Paypal for payment received and here’s their pricing https://www.paypal.com/cgi-bin/webscr?cm…
Go to
Paypal.com
It will explain everything to you
Paypal is simply a way for you to get paid. Its a pyment system to process fees you would charge your clients. To read more about it, or enroll for a paypal business account go to http://www.paypal.com.
There is no charge, they make a percentage of all payments that come thru them, but in order to maintain business account status, which has lower fees than standard, you have to run a certain amount of transactions thru there a month.