Legal Obligations in the U.S.

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To start my own Dropshipping E-commerce business in the USA, what legal documents do I need to make this happen. I am pretty sure I need a resale certificate, but what about a federal tax id. If I am the only person running it and I have not incorporated or anything yet, is it neccessary?

Thanks in advance for your help.
#legal #obligations
  • Profile picture of the author redlegrich
    At a minimum you can get a sole proprietorship business license for maybe $20. Get it online and you'll get your reseller ID in moments. You can use your personal tax return for the beginning.

    That is the quick and easy way. If your business is just a "hobby" then this will likely work.

    Having said that, if you are really going to make a go of it then you'll want a Corp or LLC (ask a pro what the right one is for you). Then you will be able to really reap the benefits of owning a business and all of the tax savings you can accrue. This will also protect YOUR personal assets, which the sole proprietorship does not (someone can sue you personally).
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