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How to save your tax information in the account
How to save your tax information in the account

Tax number, company form, save changes, Account validation (KYC), tax information, update, payout

Irina Zaiats avatar
Written by Irina Zaiats
Updated over a week ago

We want to ensure that your experience on CopeCart is seamless and that you always comply with legal requirements. In this guide, you'll learn why keeping your tax information up to date is crucial and how you can easily update it in your account. This will enable you to continue selling and promoting products on CopeCart without interruption.

Why is up-to-date tax information important?t

Before we get into the tutorial, let’s take a moment to explain why keeping your tax information up-to-date in your CopeCart account is so important. Accurate and current tax details are crucial not only for ensuring compliance with tax regulations but also for allowing seamless transactions on our platform.

Step-by-step guide to update your tax info

Now, let's walk through the steps to update your tax information, ensuring you can continue operating on CopeCart without any restrictions.

  1. Log in to your CopeCart account: https://copecart.com/en-us

  2. In your account, navigate to "Settings" at the bottom right and click on "Account Settings."

  3. Under the "Tax Number" section, select the business type that applies to you: LLC, Corporation, Partnership, Sole Proprietor, or any company type outside the US. (If you're unsure which applies, consult your tax authority or local tax office.) If you're acting as an individual, you can also choose from the applicable options.

  4. After selecting your business type, enter your Tax Number or Tax ID in the field provided, and save your changes to update your information.

That’s it! Your tax information has been successfully updated.


FAQs

Can I update my tax information at any time?

Yes, you can update your tax information whenever needed. However, please note that updating your information will reset your account validation to help protect against fraud.

If you make any changes to your account, please email us at support-us@copecart.com to request re-validation. We will handle it promptly.

We want to emphasize that it’s your responsibility to ensure the accuracy of your information and the correct selection of options when using CopeCart.

Please take a moment to carefully review all details and ensure that you select the right options. Accuracy in your entries is crucial for smooth transactions and optimal results. Thank you for your understanding!

Can I use CopeCart if I don’t have a tax ID yet?

Absolutely! You can still set up your CopeCart account while waiting for your tax ID. Once you receive your tax information, you can easily add it to your account, but you need to let us know to be aware of the situation.

Important: Please be aware that your sales can only be paid out if your CopeCart account is verified and your tax information is fully updated in your account.

For more details on verifying your CopeCart account, click here.

We hope that this article has answered most of your questions about updating your tax information. However, if you are still unsure or need more information, we will be happy to assist you.


Our support team is always ready to help you! Just send an email to
support-us@copecart.com and we will take care of your concerns as soon as possible.

Best regards

Your CopeCart US Team

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