What is the Shopee platform scam? Is the Shopee platform legal?

Before 2017, merchants could register as individuals if they wanted to register on Shopee, but now it is no longer possible. Now, merchants must provide a business license to register on Shopee, and they can be self-employed or companies. So what is the scam of registering on the Shopee platform?

1. What is the scam of entering the Shopee platform?

It is very easy to join Shopee. Even if you do not have a business license, you can join by applying for an individual business owner, or borrow a business license from a friend. As long as there is no problem with your information, the pass rate is basically above 95%.

In order to deceive you, many organizations will lie and say that their entry approval rate is very low, while they have a 100% approval rate or something like that, just to scare you. In fact, at present, if a cross-border store on Shopee needs a business license, and an individual also needs a self-employed business license. Only local stores do not need a license, but require a local person’s ID card and mobile phone registration (it is not recommended for novices to start with a local business).

2. Is the Shopee platform legal?

Shopee’s cross-border e-commerce is definitely legal. Shopee is a Southeast Asian cross-border e-commerce platform. It is more suitable for novices who are just starting to do cross-border business. It has a low threshold and requires less start-up capital. It is also relatively easy to get started.

At present, cross-border e-commerce has developed very well due to the impact of the epidemic and the support of national policies. As a new force in cross-border e-commerce, Shopee has achieved particularly outstanding development.

Shopee targets Southeast Asia and Taiwan. Southeast Asia has a large population base, with 50% of the population under the age of 35. It is currently considered the e-commerce sector with the greatest growth potential.

The entry threshold of Shopee is very low. All you need is a business license and three months of e-commerce turnover. There is no deposit required to open a store, no store rent, and no need to advertise if you do well. There is also a traffic support period for the first three months, and there is no commission. It can be said that it is very friendly to novice sellers.

In general, the scam of entering the Shopee platform is that some institutions will deceive you and say that their entry approval rate is 100%, and as long as you pay money and give them your information, they can help you enter successfully.