What is Lazada Micro Seller and How to Be An OMSMPC Member?
Ellie Kuk 31 Jan 2024 08:40
Are you planning to sell on the Lazada platform but worried about not having a business license? If so, you can create a Lazada seller account and select “Individual” in the Seller Type (also called Lazada Micro Seller), and apply for Online Micro Sellers Multipurpose Cooperative to ensure you can operate your business legally on Lazada. The following will be a complete guide on Lazada Micro Sellers and how to join the COOP.
What is a Lazada Micro Seller?
Lazada Micro Sellers are those small-time online sellers who operate their online selling businesses legally on the Lazada platform without having to submit their business documents to Lazada.
When creating a Lazada seller account, you will need to choose between the two types of sellers on Lazada — Individual or Corporate.
Corporate Seller:
A corporate seller (or regular seller), on the other hand, is an independent Lazada seller who has submitted all the required business permits and documents such as from the BIR, DTI or SEC, and LGUs upon sign up.
Corporate sellers are mostly the big brands, established businesses, and LazMall sellers and have the capacity to issue sales receipts and file business taxes with BIR on their own.
Individual Seller:
Individual sellers are also known as Lazada micro sellers. They are the small-time online sellers without business documents but are able to have a shop on Lazada after uploading just a valid ID and bank account details. But after creating your Lazada seller account, you must immediately sign up with Online Micro Sellers Multipurpose Cooperative (OMSMPC).
That is to say, if you don’t have a business license but want to sell online through the Lazada platform, you can do so by becoming a member of Online Micro Sellers Multipurpose Cooperative. As a member, the COOP represents your Lazada shop transactions and can issue sales invoices.
So let’s move on to figure out what on earth Online Micro Sellers Multipurpose Cooperative is, the benefits of being an OMSMPC member, and how to join the COOP.
What is Online Micro Sellers Multipurpose Cooperative?
Online Micro Sellers Multipurpose Cooperative (OMSMPC) is a Philippine e-commerce cooperative that helps thousands of microsellers start and grow their online business. Its internal network of Ka-Seller communities and external partnerships with Lazada and the Cooperative sector enable its members to have a legitimate and stable access to Lazazda and allow access to relevant training and individual growth, ultimately leading to more socio-economic development opportunities.
OMSMPC operates a legal business with registration under the Cooperative Development Authority (CDA), which can bridge the gap between unlicensed online sellers(micro sellers) to the eCommerce platform like Lazada. The COOP thus will be the one that issues sales invoices and other legal documents on behalf of the members.
What are the benefits of the Coop membership?
An OMSMPC official member can enjoy the following benefits:
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Access to the Lazada platform;
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Processing and printing of sales invoice;
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Reliable payout processing;
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Access to a network of Ka-Seller communities, you can join the OMSMPC Facebook Group, a space where Ka-Sellers can come together to connect, share ideas, and support one another. Or follow their Facebook Page.;
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Relevant training and seller events;
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Annual dividends (Interest on Share Capital and patronage refund);
- COOP Seller Kit, and more.
How to be a member of OMSMPC?
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Any government-provided ID with Filipino Citizenship
If you don’t have that then any valid ID will do as long as you can pair it with a birth certificate, marriage certificate, or baptismal certificate.
- TIN (Tax Identification Number)
- Personal Photo (ID Size)
Upon securing the said requirements, you must complete the following steps:
Step 1: Attend Online Pre-Membership Education Seminar or PMES. Book your schedule here.
Step 2: Fill out the Membership Application Form (MAF). Sent via email after attending PMES.
Step 3: Pay the 100PHP initial Share Capital.
Step 4: Receive your Membership Certificate and Member ID via email.
IMPORTANT:
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If you have multiple individual shops, you do not need to apply multiple times. Only need to complete the membership process once. But you need to register all your other shops to your main COOP member account through the Additional Shop Form.
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Microseller members also pay cooperative admin fees equivalent to one percent (1%) of the total weekly net revenues.
So if you are interested in selling on Lazada but do not have the business license, you can join the band of micro sellers on Lazada. Being a member of OMSMPC, you can sell on the Lazada platform legally and enjoy benefits such as being exempted from the Withholding Tax under BIR.