GoCorpo

Hi Ka-Seller,

Thank you for your email. For your request, kindly update the Business Information tab on your Seller Center account. Please make sure to upload your Certificate of Registration (COR) or BIR Form 2303 on the “Upload ID” part.

Once you are done, please update your Bank Account details and make sure that your bank account name matches the name or trade name on your BIR Form 2303.

Your OMSMPC Team will endorse you to Lazada as a corporate seller once these steps have been accomplished.

Hope this helps. Thank you.

Hi Ka-Seller,

Thank you for your email. For your request, kindly provide your business documents that matches all the information on your Lazada Seller Center. You can either change the ownership of the Lazada shop under your spouse’s name, or apply for another business permit under your name.

Please attach it in your reply. Hope this helps. Thank you.

Hi Ka-Seller,

Thank you for your email. For your concern, please click Deactivation Status to check your shop's status.

If you are already a Corporate Seller, we suggest that you contact PSC via SC Help Center for further assistance and resolution. For more inquiries on your deactivation/reactivation, please see FAQs.

Hope this helps. Thank you!

Hi Ka-Seller,

Thank you for your email. For your concern, you may submit your other permits, but this will only be used as proof that you are processing your permits.

You must still have to provide your BIR 2303 - Certificate of Registration (COR) and a bank account that matches your registered name or trade name on the COR to be endorsed.

Hope this helps. Thank you!

Hi Ka-Seller,

Thank you for your email. Once you are a corporate seller, you will enjoy the following benefits;

1. No longer be deducted the 1% Coop Admin Fee.

2. With BIR Form 2303, trust from customers increases as it is proof that you are a legitimate business.

3. You can noe issue your own invoice.

3. Being a registered business makes it easier for you to apply for Bank and/or Government loans.

4. As a are registered business and tax payer, you can avoid the risk of being penalized of tax evation which is even thrice as much as the amount of your supposed tax.

Hope these help. Thank you!

Hi Ka-Seller,

Thank you for your email. For your concern, take note thatr GMV is your total payout (net income) in a fiscal year. This means return transactions and shipping fees have been accounted for and deducted from the amount we use to evaluate your shop's growth.

We compute the GMV by consolidating the payouts of each seller every week starting Jan 1 (start of fiscal year). Once GMV reaches 3M at any point of the year, it then becomes compulsory for the seller to apply for business docs, and transition to corporate.

Hope this helps. Thank you!

Hi Ka-Seller,

Thank you for your email. Yes, all business who have reached 3M GMV in a year should be VAT registered.

Hope this helps. Thank you!

Hi Ka-Seller,

Thank you for your email. Once your shop reached at least 3M total payout for one calendar year, you are now required to register your business and become a Lazada Corporate Seller.

Here are the benefits of being a Corporate Seller:

1. No more 1% Coop admin fee

2. Compliance to the government's regulatory requirements

3. Qualification for government-supported loans, trainings, and other benefits specific to MSMEs.

4. More reliable documentation to support business or personal loans, etc.

Hope this helps. Thank you!

Hi Ka-Seller,

Thank you for your email. Yes, you may. You can become a Lazada Corporate Seller as long as you have your Certificate of Registration or BIR 2303.

Here are the benefits of being a Corporate Seller:

1. No more 1% Coop admin fee

2. Compliance to the government's regulatory requirements

3. Qualification for government-supported loans, trainings, and other benefits specific to MSMEs.

4. More reliable documentation to support business or personal loans, etc.

Hope this helps. Thank you!

Hi Ka-Seller,

Thank you for your email.

To become a corporate seller you must have the following;

1. BIR Form 2303 - Certificate of Registration (COR)

2. Bank account that matches the COR registered name or trade name

To apply for the BIR Form 2303, you also need the following:

1. DTI permit (for sole proprietorship), or SEC permit (for partnership or corporation)

2. Contract of Lease or Land Title of the place of business

3. Application Form - BIR Form 1901 (for sole proprietorship), or BIR Form 1903 (for partnership or corporation).

NOTE:

1. As per BIR Revenue Memorandum Circular (RMC) No. 57-2020, the mayor's permit will no longer be needed for the registration;

2. All you need is to apply for a DTI or SEC permit and then, COR.

3. Apply for a bank account that matches the Registered Name, or the Trade Name in your BIR Form 2303.

Take note that if your business is registered as a sole proprietorship, and the registered name is yours, you may use your personal bank account. If your business is registered as a partnership/corporation, you must have a corporate bank account named after the trade name in your COR.

Hope this helps. Thank you!

Hi Ka-Seller,

Thank you for your email. For your concern, yes, you may.

You only need to apply for 1 Certificate of Registration from BIR with your name and trade name then use it for your multiple shops with Lazada.

Just make sure that you declared the same Trade name in your Company name as well as your bank account.

Hope this helps. Thank you!

Hi Ka-Seller,

Thank you for your email. For your concern, LazMall accounts are required to sign up as corporate on Lazada, but not all corporate sellers are LazMall.

LazMall accounts get more visibility, credibility, and support from Lazada, however, they also have to pay more fees and submit extra requirements. To know more, please contact PSC via SC Help Center for further assistance.

Hope this helps. Thank you!

Hi Ka-Seller,

Thank you for your email. For your concern, here are the steps and basic requirements for OMSMPC membership.

Step 1: Attend Pre-Membership Education Seminar (PMES). Choose your schedule through Online PMES Registration Form.

- This is required training mandated by the Cooperative Development Authority (CDA) for all new applicants to the Cooperative.

Step 2: Submit an accurate Membership Form:

- Provide your basic information and supporting documents as required by the Cooperative Development Authority.

Step 3: Pay the initial Share Capital

- The 100php mandatory fee serves as your initial contribution to the Cooperative.

These requirements will be validated by our Membership Team. Then, it will be forwarded to our Board of Directors for ratification. Once ratified, your Membership ID and Membership Certificate will be sent to you via email.

Hope this helps. Thank you!

Hi Ka-Seller!

Thank you for your email!

Before we endorse your account to Lazada for corporate tagging, please make sure you follow the steps below:

1. Kindly update the Business Information tab in your Seller Center account, shown as follows: