What are the requirements for opening a Shopee store? How much does it cost?

The cross-border e-commerce industry is still very promising, so many sellers are starting to prepare to open stores on the Shopee platform. They need to figure out what conditions are required to open a Shopee store? What are the fees?

What information is needed to register on Shopee (Malaysia as an example)

Business license: Enterprise business license, individual business license, e-commerce business license are all acceptable

Legal person ID card: The ID card of the person who provided the business license belongs to him, otherwise the review will not pass

E-commerce transaction: Provide domestic or cross-border e-commerce transaction for the past three months. The transaction amount can be any amount other than 0.

Other information: mobile phone number, QQ number, QQ email address, etc. Please note that all information is not allowed to be reused

When registering the first site as Malaysia, what conditions do sellers need to meet and what review materials do they need to provide?

The following conditions must be met to register a Malaysian site:

1) Hong Kong or mainland limited company enterprise qualifications (satisfying: a. enterprise qualifications can be queried on the enterprise credit network; b. no abnormal operation; c. within the validity period)

2) Have more than three months of experience in operating foreign trade platforms (eBay, wish, Amazon, AliExpress and other cross-border platforms)

3) The number of product SKUs is > 50 and meets the requirements of local export and local import.

Materials required to register the Malaysia site:

1) Business license of a Hong Kong or mainland limited company (individual businesses are not accepted at this time)

2) Links to relevant domestic trade platforms (eBay, wish, Amazon, AliExpress, etc.) for stores that have been open for more than 3 months

3) Screenshots of foreign trade orders in the past three months

4) Company office address, for example: Floor ***, No. ***, Guiping Road, Xuhui District, Shanghai, China

If you submit your application on the official website yourself, the review period will be longer, usually taking half a month to a month.

If you submit your application through the investment manager cooperation channel, you can basically open your store within 5 working days. Sellers should pay close attention to their emails and phone calls.

In fact, sellers do not need to pay any store opening fees, entry service fees, annual fees or listing fees. They only need to provide information that meets the requirements through official investment channels.

New sellers are exempt from commissions for the first three months. After three months, different percentages of commissions will be charged based on the business category.

How much does it cost to open a Shopee store? If you simply calculate the store opening costs, excluding the information the seller needs to raise, product procurement costs, and labor costs, the store opening costs are nothing.

It should be noted that the investment manager will investigate the seller applicants and ask them to provide the business data of the sellers' stores on other platforms. If the applicants have operated other cross-border e-commerce platforms and have certain performance, it will be easy to pass.

That’s all for today! When pricing Shopee products, we need to consider several factors, including exchange rates, domestic shipping costs, cross-border shipping costs, freight forwarding costs, and profit margins.

Recommended reading:

How to register in Shopee Taiwan? What are the requirements?

Can a newly registered company join Shopee? What are the regulations?

What should I do if I have no transaction volume after registering on Shopee? How to solve this situation?