Shopify FAQ

Shopify is a complete commerce platform used to build a hosted online store, accept payments, sell in person through Shopify POS, and sell on additional channels like Facebook, Instagram, TikTok, Google, Amazon, and Temu — plus B2B wholesale, digital products, subscriptions, and fully headless storefronts on Shopify Plus.

No — Shopify doesn't require an LLC or EIN to open a store. You can launch as a sole proprietor using your SSN, and only need an EIN or LLC when activating Shopify Payments as a business, hiring employees, opening a business bank account, or wanting personal liability protection as you scale.

In the United Kingdom, Shopify Payments pays out in GBP on a rolling schedule with a minimum 3 business-day settlement; weekend captures are bundled into one payout and banks add 1–3 days to credit funds.