According to the Law on Consumer Protection in Vietnam and related regulations, e-commerce platforms are required to collect and verify the tax codes of sellers on the platform. Therefore, TikTok Shop requires sellers to update their tax codes before July 1, 2024. Today, Lameco will guide sellers on how to update their tax codes on TikTok Shop:
Instructions for Updating TikTok Shop Tax Code on Computer:
Access TikTok Shop Seller Center > My Account > Account Settings > Tax.
Enter the tax code and billing address
In the Seller Center on the computer, under the Finance section Access TikTok Shop Seller Center > Finance > Invoice Center, click "Go to tax information"
Enter the tax code and billing address
Instructions for Updating TikTok Shop Tax Code on Mobile Phone:
On the Seller Center app on the phone. Go to Settings > Tax Information:
Enter the tax code and billing address:
Why Should You Register a Tax Code?
- Compliance with legal regulations: Providing a tax code helps you comply with current tax laws.
- Increased credibility: Updating complete tax information enhances the credibility of your store in the eyes of customers.
- Support from TikTok Shop: TikTok Shop will assist you with tax-related issues once you provide a tax code.
If you have any questions about updating your tax code on TikTok Shop, contact Lameco today for support!