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Thread: Ecommerce Questions.

  1. #11
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    Quote Originally Posted by rome9t9 View Post
    1. I live in India. But I am targeting US customers. What will be the legal & tax matters that I will have to go through??
    You can register yourself with the STPI [ Software Technology Parks of India ] and get yourself 100% tax exemption.

    For this to work out, you'll have to create a dummy entity in the USA, like a BBA or an LLC - and, just bill your invoices in bulk thro' the STPI to avail the benefit.

    Otherwise, if you think this is too much of a hassle, you can just register for an IE Code [ Import Exports Code ] and show the government that your a 100% EOI and try to play around with taxes a bit.

    Legally, there's not much of a problem - we do this stuff all the time

    The best way i'd suggest to keep it transparent is registering with the STPI and getting the tax holiday - when the indian government is telling you that you don't have to pay taxes if your an IT company, why bother

    Quote Originally Posted by rome9t9 View Post
    2. I will use dropshipping cos I cannot stock items. I have heard worldwide brands are the best. What is your take?? any other dropshipper that is reliable and fast??
    There's a variety of options you have there.

    I believe running a google search would help.

    This YA post seems to be okay.

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    Will.Spencer (12 April, 2009)

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    Another thing also I have been doing is not selling branded electronics. Often but not always they are fakes and just cause you a lot of hassle.
    Programmer, web developer and entrepreneur.

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    Quote Originally Posted by Nathan View Post
    Another thing also I have been doing is not selling branded electronics. Often but not always they are fakes and just cause you a lot of hassle.
    I think with branded goods you really have to contact the brand owner and make certain that you're buying from an authorized distributor.

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    Good luck with your project, rome9t9.


    Which e-commerce plugin did you decide to use with WordPress?


    FYI. Bells and whistles go off when I visit the TradeEasy site. My Norton AntiVirus says that the site contains a virus.

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