1. Business Account is currently opened to which countries / regions?
Users in Malaysia and Indonesia can now take advantage of the new Business Account sign-up and upgrade features, with plans to extend these options to additional countries and regions in the near future. This expansion brings an array of advantages to businesses in these regions, and we strongly encourage users to take advantage of this opportunity.
2. Why Sign Up or Upgrade Your G2G Business Account?
Business Account sign-up and upgrades in G2G are highly recommended for business owners for several compelling reasons:
- Legal and regulatory requirements: Some businesses are legally required to register as such and use business accounts when conducting transactions. This is often the case for tax purposes and compliance with government regulations.
- Enhanced Professionalism: Upgrading to a Business Account provides a more professional image, demonstrating your commitment to your business. This builds trust and credibility with potential customers and clients.
- Separate finances: Using a business account helps separate personal and business finances. This can be crucial for accounting and financial management, making it easier to track income and expenses related to the business.
- Tax benefits and deductions: Business accounts may offer tax advantages and deductions not available to personal accounts. Businesses can often write off certain expenses related to their operations, which can reduce their tax liability. Please consult your tax advisor for more information.
- Account Verification: G2G requires account verification for Business Accounts, which can further enhance your credibility and trustworthiness in the marketplace.
- Brand representation: A business account allows companies to represent their brand and identity more effectively. They can use their company name, logo, and business information, which can build trust and credibility among customers.
- Customer trust: Some users may prefer to buy from businesses with established business accounts as they often come with additional legitimacy and accountability.
- Increased Visibility: Business Accounts will have a "Business" icon prominently displayed on their profile page, clearly distinguishing them as established businesses, further instilling trust and confidence in potential customers.
3. How to Sign Up or Upgrade Your G2G Business Account?
Click Login / Sign Up from the homepage menu, select sign up new account and click on Sign up Business Account.
Go to your profile page and click Upgrade to business account. Follow the instructions to provide your business details and upload the required official documents to proceed. Once submitted, it may take up to 2 business days to complete the review and approval.