Do you have to register an eCommerce business in the UK?

14 Jul 2022 By PAYCEC

Whether a business conducts its operations online or through a physical location, it must have a business license. Businesses must submit an application for a business license because it gives the government a tool to monitor businesses operating in the area and monitor tax income.

It depends on your revenue from the eCommerce business in the UK. If your taxable revenue for your e-commerce business exceeds £85,000 over the course of a 12-month rolling calendar, you must register for VAT. You must register for VAT if you are based outside of the United Kingdom (UK) and sell goods there or to residents of the UK.

PayCEC also supports online payment services for the UK eCommerce business with a fast, simple and secure process. Learn more about PayCEC, here.

Benefits of Doing Business in the United Kingdom:

• Doing Business in the United Kingdom is Simple

The UK is among the nations with the highest ease of doing business scores, according to the World Bank. Opportunities are available in a variety of fields, including modern manufacturing and IT. Plus, compared to other affluent nations in the East and West, the barriers to launching a new business are comparatively low.