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Thread: What should i register as?

  1. #1
    Join Date
    Jan 2015
    Posts
    6

    Default What should i register as?

    Paypal wants me to pick one of these 3 things:

    An individual consumer - any individual or household that is not a business, legal entity, or other type of organization.
    A sole proprietor - A sole proprietor is a business owned and run by one individual where there is no legal distinction between the owner and the business. A sole proprietor may also use a business name other than his or her legal name.
    Any other type of business, charity, or government entity


    I sell cards on ebay for a few bucks, make like 30quid a week or something small like that.

    Im wondering what will hapen based on what one i pick?

  2. #2
    Join Date
    Nov 2011
    Posts
    162

    Default

    I would select An individual consumer unless you are planning on filing separate taxes for your income made on selling these cards.

  3. #3
    Join Date
    Aug 2015
    Posts
    2

    Default

    I think you should select individual as it good and no need to fill any tax related forms if you not making very large amount.

  4. #4
    Join Date
    Feb 2016
    Posts
    6

    Default

    individual. if you set up a business account it won't kill you. it basically gives you different menu options. taxes are only if you make >20,000 a year

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