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affiliate website - LLC, corporation or just other income?

Discussion in 'Affiliate Management and Recruitment' started by razvan_vlad, Feb 21, 2007.

  1. razvan_vlad

    razvan_vlad Affiliate affiliate

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    hello guys,

    i have some questions about affiliate websites.
    I want to build a website so i can advertise products from different merchants so i can get paid with a comission for every customer that my website redirects to marchant website or comission for every transaction made from a customer who visited my website.

    i am still unclear with some things:

    1) if i have a website and i want to make it affiliate (as described above).. what type of licenses do i need to be LEGAL ? i mean, do i have to have a LLC or Corporation in order to run this website so i can earn my money from the comission? (I would PREFFER NOT to have a LLC or corporation.)

    2) if i don't have to have my own LLC or corporation, do i need any other license? if so, what licenses do i need??

    3) for example ClickBank asks for an EIN. can i use my SSN to register for affiliate networks? and.. at the end of each month, i will receive a check with my earnings??

    4) do i have to pay any taxes by running this website??? (if the company will send me a check with my earnings, will the send me a form at the end of the year with all my anual earnings in order to declare that for anual taxes?)


    Please be speciffic. Also please explain clearly what i have to do in order to start running this website and be legal in the same time. i don't want to make a stupid movement.

    Thanks alot for your time,
    Razvan
     
  2. kbldshmn

    kbldshmn New Member

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    You might want to just start out as an individual or a sole proprietor until you learn how to make money from affiliate marketing, then worry about incorporating.

    Just a thought.

    Renato
     
  3. razvan_vlad

    razvan_vlad Affiliate affiliate

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    yeah .. so.. that's what im talking about. is it ok.. to start as an individual?? so.. i guess .. yes.. it is ok. but.. do i still have to pay taxes??
     
  4. kbldshmn

    kbldshmn New Member

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    I'm not a tax advisor, but I believe that the answer is yes. It is a personal income that should appear in your bottom line. The CJ's and Amazons of the world should be sending you a 1099 if you make any sales.
     
  5. razvan_vlad

    razvan_vlad Affiliate affiliate

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    cool. .. .. so.. with other words.. .. if i want to start a bussiness like that.... i mean.. just.. making some money from comission of affiliate websites..
    i don't have to bother with any forms.. and.. licences.. .. and.. company's name.. i can make it like.. individual.
    right?
     
  6. kbldshmn

    kbldshmn New Member

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    You'll have to check with the requirements in your state. I happen to have a resellers license in California just in case the authorities ask. But I got it for my eBay biz.

    Here's a link on Yahoo Business that may help you out

    Hope that helps.
     
  7. Linda Buquet

    Linda Buquet <span style="color: #daa520;font-weight: bold;">Me

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    Yes you can just use your personal name.

    Anyone that pays you over 600 a year is supposed to 1099 you.

    Even if they pay you less than that you are still supposed to report as income.

    Each state and I think even county may have different rules regarding business license. They don't usually cost very much though.
     

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