Business License for an eCommerce Store?

Are you planning to make your Business Online?Online Stores are common these days. People tend to buy more online as their lives are so busy.Are you shifting your business from retail to e-commerce website? Not a bad idea. But make sure that you follow the rules before shifting your business. One most common rule is “Online Business Licence”Online stores make your work simpler, faster and better.So I’ll brief you on “Why do you need a business licence for e-commerce site” and “Disadvantages of hosting e-commerce site without the licence”Firstly, we will see, do we need a business licence for an online store? And the answer is YES!Whether you have a retail store or an online store – Licence is compulsory. The government has made it mandatory to apply for the licence and get it done before opening the offline as well as an online store, as they need to keep an eye on the companies and their assets.The rules to apply for the e-commerce business licence vary from region to region and from products to products as well.Few countries allow you to run the online store for a specific revenue threshold to reach and once you reach the position, they inform you to register for the licence. Whereas, some products such as food items, edible oil, steel etc and charity websites are exempted from this procedure so you are not required to register for an e-commerce business licence.

Now, we will see the disadvantages of not having an e-commerce licence.

1. The government will Cease the BusinessIf you have not obtained the licence for your e-commerce website, then the government has the right to seize your business until you are done with the procedure, or they can ban you for life long.2. ImprisonmentSome countries hold the right to send the person to jail who has not taken the grant from the government and running an online store.3. Heavy penaltyYou are obliged to pay a significant amount in the form of penalty to the government. The penalty is decided by the government official and cannot be negotiated.4. False details on the websiteIf the details in the website provided are false or misleading, then the government has the right to penalize the company and close the firm.If you are planning to host your business online, then go for Scopehosts e-commerce hosting. Experience the high performance for your Ecommerce business at affordable price. We provide FREE SSD, FREE daily back-ups, FREE domain, multiple coding language support, FREE Cloudflare CDN, FREE SSL etc.ConclusionIn the blog, I’ve covered the topic “why we require e-commerce licence to run the business online ”. For smooth movement of online e-commerce business, a licence is a necessity. In my opinion, the government has made the particular rules for the betterment of our society, and obeying the laws will intensify our living.