The internet is no longer the wild west it used to be when websites could do virtually anything without consequences. Modern websites have certain regulations they have to follow in order to be compliant with local and international laws. Read below for six key facts you need to know to ensure your online business is correctly following regulations.
Data Privacy Laws are Non-Negotiable
Online privacy is a very important issue and because of that, there are concrete privacy laws that must be followed in regards to the information of your customers. Two of the most prevalent laws related to data privacy are the California Consumer Privacy Act (CCPA) in the U.S. and the General Data Protection Regulation (GDPR) in Europe. These laws mandate strict controls over how websites can collect consumer data and use it. If your business is based in either of these regions and does not comply with these laws, you could be served a hefty fine and your website could be shut down permanently. Consent is key when it comes to the data of your customers.
ADA Compliance Matters
Making your website accessible to all people is not only a legal matter but is also very important for maintaining a good brand reputation. Everyone deserves to be able to navigate your website according to their abilities, whether they are limited or not. If you want to find out how to make an ADA Compliant Website, look into what you can do to add to your already existing site. This will show that you are a brand committed to inclusivity.
Taxes Apply, Even Online
As with any business, online vendors also have to pay taxes. If you are based in a certain location, your business will have to pay taxes in that location, even if you sell all over the world. If you live in a state that imposes sales tax on products, you will have to pay that tax or charge your customers for that tax when you make sales online. The best way to make sure taxes are being collected is to use tax automation software in your website’s checkout process.
Consumer Protection Laws Are Expanding
Every year, more regulations are put on online businesses so that online shoppers are protected. This means that your business should have clear refund policies and transparent prices on items. You should also exercise caution with advertising to make sure you are not accidentally being deceptive about the products you are selling online.
Copywrite and Intellectual Property Laws are Important
When using any kind of art for marketing, advertising, or selling products, your business must respect intellectual property laws. For example, if you are selling mugs with the screen cap of a popular television show, you have to make sure you get permission to use that licensed image.
International Laws May Apply
If your business sells products internationally, then your online store might be subject to foreign laws. Do your research before expanding to foreign markets so that you don’t end up accidentally selling products illegally to other countries.
Regulatory compliance is one of the most important parts of running an online business. If you do not follow internet laws, then you could be subject to large fines or even worse consequences. Follow these six facts to make sure that you are following all of the right regulations.
