Read this to learn how to determine your business status for proper registration, tax compliance, and meeting GetYourGuide’s verification requirements.
Checklist: Are You an Individual Trader or a Registered Company?
1. Is your business officially registered with a government or business registry?
- Example: If you’ve filled out forms with your government or business authority and received official documents like a business registration certificate, you’re likely a registered business. In some countries like Germany, even sole traders need to register, although the process is simpler and different from registering a formal company.
- Note: Companies usually register with authorities such as the Australian Securities and Investments Commission, Companies House in the UK, the Chamber of Commerce (Kamer van Koophandel) or the UBO register in the Netherlands, or the Official Gazette of the Commercial Registry in other regions.
2. Do you have a business registration number or certificate?
- Example: Registered companies usually receive a unique business number or certificate from the government. For example, if you run a limited company, you would have a Company Registration Number. If you don’t have any official business documents like this, you might be an individual trader.
3. Are your business taxes filed separately from your personal taxes?
- Example: If you file taxes for your business separately and receive tax documents specifically for your company, you are likely running a registered business. If your business income is included in your personal tax return (as part of your personal income), you’re likely an individual trader.
4. Do you operate as a sole individual without legal separation from your business, or is your business a separate legal entity?
- Example: If you’re the only person running your business and everything is in your name (bank account, liabilities), you’re likely an individual trader. If your business has its own bank account, can own property, or take on debt separately from you, it’s likely a registered company.
Why Is This Important? Knowing whether you’re an individual trader or a registered company affects how you verify your business, manage taxes, and comply with legal requirements on our platform. This will help you ensure a smooth onboarding process and avoid any delays in verification.
Tip:
- If you’re not the one who registered the business, it’s best to double-check with the business owner before selecting the account type.
- If you selected the wrong account type, contact us, and we'll assist you in changing the status.
Understanding your business status is crucial for compliance and smooth operation on GetYourGuide. Ensure you have the correct documentation and registration to avoid any issues. If you need further assistance, our support team is here to help.