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Select or edit your business type
Select or edit your business type
Becca Berg avatar
Written by Becca Berg
Updated over 8 months ago

Updated Mar 13, 2024

🎉 Dubsado Payments powered by Stripe is slowly rolling out to existing Stripe users ahead of our general launch in April 2024! Keep an eye on your email for updates.

As part of signing up with Dubsado Payments, you’ll be prompted to provide information about your business. One specific piece of information that Stripe requires is your Type of business.

stripe onboarding prompt

Depending on your country, you may see slightly different options, but most countries will provide the option to select either Individual or Company.

You’ll most likely select Individual or Individual / Sole Trader if any of the following apply to you:

  • Your business is new and you are not registered with your local government

  • You are a sole proprietor outside of the United States

You’ll most likely select Company if you consider your business as one of the following:

  • Sole proprietor (if your business location is in the United States)

  • LLC

  • Partnership

  • Corporation


Updating your business type

After completing Stripe’s onboarding, you can edit your business information. However, keep in mind that editing is only allowed for verified Stripe accounts.

To edit your business type:

  1. Go to your Stripe Dashboard.

  2. Click on the Settings gear icon.

  3. Under Business settings, click Tax details.

  4. Choose your new business type and then click Update.

editing business type in stripe
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