Does it cost money to open a temu store? Do I need a business license?

Does it cost money to open a temu store? Do I need a business license?

Some sellers are interested in the cross-border e-commerce platform temu. What they are most concerned about is the cost of registering and opening a store. So they want to ask if it costs money to open a store on temu? Let's take a look!

1. Does it cost money to open a temu store?

need

The support policies for entry include:

1. 0 yuan to settle in

2. 0 deposit, 0 deduction; 1,000 yuan deposit after sale

3. Settlement is based on the date of receipt plus one day

4. Express delivery/logistics delivery to domestic warehouses, reducing some fees

It is understood that after the sellers have sold over 1,000 yuan, they can withdraw the part exceeding 1,000 yuan. The platform will charge different levels of deposits ranging from 1,000 to 10,000 yuan according to the different sales levels of the merchants.

2. Does Temu need a business license to open a store?

It depends

There are three types of stores on the temu platform:

1. Personal store: This is the most basic store type, suitable for individual sellers or small-scale entrepreneurs. Personal stores do not need to apply for a business license, and only require an ID card and mobile phone number to register.

2. Enterprise Store: This is a store type suitable for small and medium-sized enterprises or entrepreneurs of a certain scale. Enterprise stores need to apply for a business license and provide relevant qualification certificates and tax registration information.

Corporate stores can sell any category of goods, but they must comply with the rules and policies of the temu platform, as well as relevant laws and regulations.

3. Brand store: This is a store type suitable for well-known brands or entrepreneurs with a certain influence. Brand stores need to apply for a business license and provide relevant trademark registration certificates and authorization letters and other information.

Brand stores can sell their own brand products, or authorize other sellers to sell their own brand products, but they cannot sell products of other brands.

Whether you need a business license to open a temu store depends on the type of store you choose and the scope of business. If you just want to try selling things online, or just sell some self-made or purchased non-sensitive products, then a personal store is enough and you don’t need a business license.

If you want to officially operate an online store, or sell some sensitive categories or high-value goods, then you need to choose a corporate store or a brand store, and apply for the corresponding business license and qualification certificate.

In fact, no matter which store type sellers choose to register and operate, everyone needs to abide by the rules and policies of the temu platform, as well as relevant laws and regulations to ensure their legal and compliant operations.

Recommended reading:

How does Pinduoduo Temu deliver goods? What is the process?

Pinduoduo's cross-border Temu launched Tongtu ERP system

Pinduoduo's cross-border e-commerce platform Temu will be launched in the UK

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