In the UK, you do not need a specific licence just to sell shoes, but you must register as a business for tax purposes and adhere to safety regulations. A pedlar’s certificate (£12.25/year) is required for selling door-to-door, and a street trading licence is needed for fixed, non-shop locations.
While sneaker reselling is generally legal, there are potential legal risks that resellers should be aware of. These risks include selling counterfeit goods, violating brand policies, engaging in price gouging, and infringing on intellectual property rights.
If you have a legal status as a business, then you need to sign-up as a Pro seller to sell professionally as this business on Vinted. Acting on behalf of another business also isn't allowed. If members are selling with the goal of making a regular income or profit from Vinted, we'll view them as commercial sellers.
If you plan to trade in public places, such as on the street or on a beach, you may need a street trading licence. This requirement doesn't apply to every local authority, so check individually first to find out what's required. You can apply for either a permanent or temporary street trading licence.
* Scale of Sales: Small-scale, occasional sales may not require a business license in some areas. However, if you plan to sell items regularly, especially as a primary source of income, you are more likely to need a license. * Online vs. In-Person Sales: The method of selling can also affect licensing requirements.
What happens if I sell more than 30 items on Vinted?
If you sell over 30 items or earn £1,700 (approx. €2,000) on Vinted in a year, the platform will share your details (name, address, NI number) with HMRC for the UK, but this doesn't automatically mean you owe tax; it's to identify potential trading businesses, not casual selling of personal items, so you might get a letter asking for clarification, and you'll need to respond if you've been making a profit.
The Government has today (19th November) announced plans to make it illegal for tickets to concerts, theatre, comedy, sport and other live events to be resold for more than their original cost. Ticket touting has become increasingly sophisticated in recent years.
Can I sell products without registering as a company in the UK?
You can start trading straight away without registering. However, you must register for Self Assessment as a sole trader if you earn more than £1,000 in a tax year (from 6 April to 5 April). You can choose to register earlier. Company owners need to register the company before they start trading.
While federal law doesn't forbid individuals from buying counterfeit items, selling or trafficking these goods can result in penalties, including hefty fines and prison time.
Most fake buyer scams start with a friendly and eager message saying they want to buy your item right away. They often ask to move the conversation off the Vinted app, suggesting email, WhatsApp, or text instead. While this might seem easier, it's actually a big warning sign.
Reselling Temu products is generally legal in the US, but it's essential to understand the risks. Temu does not prohibit resale, but sellers should be cautious about intellectual property issues.
Add in your ebay store fees, shipping and supplies, you are basically at 50%. This means that you need to sell $66.66/ day to make $2,000 a month in gross sales/ $1,000 a month in gross profit. If your average selling price is $17, you would need to sell about 4 items per day to meet your goal.
This is a very popular misconception - the reality is that any online or offline selling activity in which the main motive is to make a profit is deemed by the IRS to be a business - this applies no matter how much you are making in revenue.
T-shirts are among the most popular items in the online apparel market. They are easy to design and produce. And as long as customers order the correct size, they don't need to try them on to see if they fit.
