Do you want to sell on TikTok but don't know how to create a TikTok Shop account? Are you curious about the latest regulations for registering a TikTok Shop account or the government rules regarding selling on TikTok Shop? Today, I will help you answer each of these questions so that you can be ready to start making money on TikTok Shop, a new but rapidly growing e-commerce platform.

How to Register a TikTok Shop Account

First, let's explore how to register a TikTok Shop account for Individuals and Businesses, and the differences between these two types of accounts.

Hướng dẫn đăng ký tài khoản Tiktok Shop

Differences between Personal and Business Accounts

1, Registration Information

• Personal: Basic information (Name, phone number, email, address).
• Business: Business information such as company name, tax identification number, company address, and contact details of the representative. Additionally, provide a business registration certificate, tax ID, and other legal information.

2, Account Verification

• Personal: Verification through email or phone number.
• Business: Verification of business information and legal documents, so the verification process may take longer.

3, Features

• Personal: No need for complex features, suitable for individuals or small businesses.
• Business: Advanced management features, suitable for larger businesses with more complex management needs.

Tax Regulations for Doing Business on TikTok Shop

According to Article 4, Clause 2 of Circular 40/2021/TT-BTC, individuals doing business on TikTok must comply with the following tax regulations:

• Individuals with annual revenue under 100 million VND are not required to pay VAT and personal income tax.
• Individuals with annual revenue of 100 million VND or more must declare and pay VAT and personal income tax in accordance with the law.

Note: You may be fined up to 100 million VND by the tax authorities if you do not update your Tax Identification Number on TikTok Shop by July 1, 2024.

Why Should You Choose TikTok Shop

Reach a Large Number of Potential Customers

TikTok has a massive user base ranging in age from 18 to 40. This is an extremely important customer segment with significant purchasing power.

Powerful marketing and advertising tools, low marketing costs.

Using short videos on TikTok is both cost-effective and engaging for users. Additionally, TikTok supports a variety of ad formats such as In-Feed, TopView, and Branded Hashtag Challenge, providing you with many options to reach customers.

Enhancing customer engagement

Instead of choosing and buying products on their own as in traditional methods, TikTok creates a friendly and close connection with customers by allowing them to purchase through livestreams, videos, and comments. You can also easily enhance the customer shopping experience by quickly and kindly responding to reviews or complaints.

Easy to manage and operate

TikTok Shop provides tools to support sellers and a user-friendly interface for customers. Users can easily purchase products by clicking on links that lead directly to the product's sales page, saving a lot of time. Additionally, many products will appear in search lists on TikTok when people are watching videos or playing games. This greatly contributes to a higher conversion rate.

Keys to Success on TikTok Shop

Bí quyết thành công trên Tiktok Shop

Create Engaging and Creative Content

The first step is to build your TikTok channel, identify your target audience, and create engaging content related to the audience you’ve selected. Use features like product link insertion to allow customers to easily experience shopping on your channel.

Utilize TikTok trends and hashtags.

Leverage trends and hashtags to attract more followers and increase your popularity. This will make it easier to reach your customers.

Use TikTok Ads

This is an optimal way for you to quickly reach customers. TikTok now offers a growing variety of ad formats, including In-Feed, TopView, Branded Hashtag Challenge, Brand Takeover, and Branded Effects. However, the downside is that you may need to spend a considerable amount of money to run these advertising campaigns.

Collaborate with Influencers

Customers are more easily persuaded when purchasing from celebrities and influencers.

Utilize support services

Sử dụng dịch vụ hỗ trợ tại Yofatik.com

If you've just created a TikTok Shop account and are feeling a bit lost, I have another option for you. That is to find an expert in this field to help your Shop. Yofatik.com can be both a teacher and a good friend because the consultants here can support you with any questions 24/7. Additionally, they also offer services such as TikTok view boosts, TikTok follower growth, TikTok likes boosts... for your Shop. These interactions are from real users, ensuring absolute effectiveness. Support services will be the first step in taking your product further and higher. Don't hesitate, contact Yofatik.com right away!

Contact Information:

Website: Yofatik.com

Address: No. 9, Alley 160 Luong The Vinh, Thanh Xuan Bac, Thanh Xuan, Hanoi, Vietnam

Phone (Zalo, Telegram, X, Pinterest, Instagram): 0971.021.266

Email: support@yofatik.com

Facebook: https://www.facebook.com/Yofatik

YouTube: https://www.youtube.com/@Yofatik

Conclusion

I have provided you with concise and easy-to-understand information for those just starting to sell on TikTok Shop. I hope you will quickly succeed in this field and continue sharing your experiences with others.