Will my address be displayed to customers in my business PayPal account?
Hello dear good question team,
I've been working on my dropshipping project for a while now, and of course, I need a PayPal account where the money my customers pay will go. When creating the account, I came up with the following:
Since I don't have a private company phone number, theoretically I would use my private phone number. Will it be displayed to customers? Because if so, that would be a bad idea, as I don't want to give out my phone number. And what about the company address? Technically, I would have to write down my private home address, which would be a bad idea if it were displayed to customers.
Finally, the address of my "company headquarters." Since I don't have a company, I don't know what I should enter here.
(1 votes)
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Let’s start from the front:
You are a minor, so you need the consent of your guardian for a trade registration and the approval of the family court.
The family court examines very carefully whether you have the appropriate maturity and have the necessary skills and knowledge to conduct a business independently.
Funded (!) commercial knowledge (a.k.a. about imprint obligation, right of withdrawal, competition law, product liability, liability for property/security, product safety law, GDPR, packaging regulation, taxes, insurance, health insurance etc.) For your part, such a project is a basic prerequisite; and this is also being examined by the court.
You also need to create and present a business plan and your school is also asked for an opinion.
Click: Business Registration for minors
Click: § 112 BGB – independent operation of a business
Even as a minor, you should definitely visit this before, otherwise you will fail.
Click: Start-up Seminar
By the way:
A violation of the obligation to inform you up to 50,000,00 € cost.
And yes, the number of zeros is completely correct:
Click: All about the imprint obligation
Amazon, eBay and PayPal you can forget as minors, who are all without exception (!) from 18.
So that’s not gonna be a good thing.
Okay wow, I didn’t know about that, and that just breaks all my goals! Then I must wait until I am 18.. thank you for this note!
PayPal is from 18.
Shit.
Paypal etc. you can’t use it as a minor, only if you create a capital company and it occurs as a natural person. Furthermore, you need permission as already mentioned. If you don’t understand the first part you won’t get it either
Understand, many thanks