Do you like to make unique and creative pieces? Today is your time to shine in the market with the help of Etsy . A platform that specializes in the sale of handcrafted and vintage items. Reason why, it is so famous today and downloads do not wait every day.
In addition, Etsy is one of the most prominent websites to sell art . If you are not self-employed, you should know if you can get the most out of this digital tool. That is why, in the following article, we will tell you everything about it.
Is it necessary to be self-employed to sell products on ETSY?
Index( )
- How to file Etsy taxes?
- Declare in Spain
- Declare in Mexico and Latin America
- What do I do to be able to invoice my purchases or sales on Etsy?
- How to open my shop on Etsy without necessarily being a freelancer?
How to file Etsy taxes?
You may be wondering if you have to register as a freelancer in order to sell on Etsy . You should know that certain conditions apply that have to do with the legal framework. Therefore, consult your financial advisors so that the laws are complied with in any scenario and always declare your fees.
Declare in Spain
In legal terms, you need to declare a fee in Spain if you are interested in starting to sell on Etsy . This is an annual procedure that will allow you to regularize your situation with the Tax Agency and that indicates the benefits you obtained over a certain period of time. This includes your income received if you work on your own, that is, as a self-employed person.
Declare in Mexico and Latin America
Citizens of Mexico and Latin America must declare their tax units. No matter how many billings are made month by month, you have to make the relevant statements. Of course, the amount will vary depending on the economy of each country and its tax income.
It is also essential that you represent your business online in the most honest way if you want to be successful in the commercial sector . Once you register as a seller, you can start publishing your products and generating the best income within the legal framework.
What do I do to be able to invoice my purchases or sales on Etsy?
One of the primary requirements when using Etsy is that you have a responsibility to process purchase information lawfully . This means that it is essential to use the invoices where the data of the clients and the transactions that are carried out are captured. Being a natural person with business activity.
To register your company as a natural person, you have to register in the RFC of the official website of the Tax Administration Service. Another option is to request an appointment at the closest module in your area so that they can assist you personally.
Please note that the Etsy platform sends users an email with these receipts containing the details of their orders . In addition to this, when payments are made via PayPal, a notification appears with a receipt for those loyal customers.
Similarly, anytime you need to review invoices for sales , it’s a good idea to access the ‘View Invoice’ link within the Etsy system. Upon entering, you will notice the order and order numbers that contain key information about the transactions.
How to open my shop on Etsy without necessarily being a freelancer?
First of all, you should know that the legal requirements of Etsy do not contemplate that the person is independent as such. To date, no document is requested to verify this type of information in the Marketplace. However, the laws of Spain must be taken into account in the processes. Especially if you don’t want to get into legal trouble.
Despite this, there is a viable solution if you are just starting out and just want to try your luck in the digital market . Which has to do with obtaining low income so that the Treasury does not intervene in the operations. So, you should not issue invoices until sales are more constant and you can already register as a self-employed person.
It should be noted that sometimes inspections are presented, those that have to do with your commercial activity. In that case, it is possible to get a fine if any eventuality arises. This is why I recommend you investigate the sales portals of the sector if you do not plan to register as self-employed. Thus, you will avoid breaching current legislation .
