What is the legal status of a personal online business?

Discussion in 'Legal Issues' started by surfbear, Mar 4, 2010.

  1. #1
    I'm not sure my question is clear, so i'll explain here:

    This question has been bugging me for some time now. I plan to pursue a part time career in parallel with my full time job. So i have designed a website, and as almost everyone, i will include advertisements, affiliate products, maybe even sell some software.

    So, how do i get taxed? if i live outside USA, but my website is hosted in USA, when i get a check and go to the bank, how is the bank going to deal with this check? In other words, If you create a normal business let us say in UK, you need to register your company and do all the legal procedures, but if you are creating an online business, what are the legal requirements?

    Thank you for your help
     
    surfbear, Mar 4, 2010 IP
  2. slogold

    slogold Peon

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    #2
    you do not need to create company, you can do busienss in personal name, but all income you must report in your tax return
     
    slogold, Mar 6, 2010 IP
  3. extraspecial

    extraspecial Member

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    #3
    You may ask an accountant @ your country for further information if you don't plan to work internationally...
     
    extraspecial, Mar 7, 2010 IP
  4. surfbear

    surfbear Peon

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    #4
    Does this apply to USA only? or is it applicable internationally?
     
    surfbear, Mar 9, 2010 IP
  5. surfbear

    surfbear Peon

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    #5
    I do plan to work internationally, so what is the legal procedure to do so?
     
    surfbear, Mar 9, 2010 IP
  6. webbmaster

    webbmaster Well-Known Member

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    #6
    US resident? you pay tax on your world wide income .. does not matter where you earn it.

    it is a DBA.. go to local county .. get a DBA cert.. $15 here in Dallas.. you are all set
     
    webbmaster, Mar 12, 2010 IP