Your Right To Know
Frequently asked questions
What is JointShop?
This is a unique opportunity that connects US citizens with foreign investors looking to sell products on the lucrative TikTok Shop platform. Our business acts as the "middle man", handling all the business costs, legal requirements, and logistics on behalf of the US citizen.
The investors have a lot of money to spend, and plenty of resources. Not to mention they all have years of experience in E-commerce. Partnering up with them is a great way to earn passive income every month!
What are the key benefits of this joint venture for the US citizen?
The key benefits for the US citizen include:
Earning passive income every month from the TikTok Shop sales.Minimal effort required on their part, as the foreign investor handles the majority of the business operations.
Protection and oversight from our company to ensure a fair and transparent partnership.
ALL business costs paid for by our company + investor! Earning passive income every month from the TikTok Shop sales.
Why would an Experienced Foreign Investor need a US Citizen Partner? Why don't they just do it themselves?
The key reason the foreign investor needs to partner with a US citizen is due to TikTok's current policies.
Currently, the US version of TikTok Shop is currently only available to US citizens, and TikTok's requirements stipulate that only US citizens can register and operate TikTok Shops in the United States. This creates a significant barrier for foreign investors who want to tap into the most profitable TikTok Shop market.
The United States has very favorable business laws and a massive consumer base, so if you're missing out on this, you're missing out on money.
By partnering with a US citizen through this joint venture, the foreign investor can overcome this restriction and gain access to the US TikTok Shop platform. The US citizen provides the necessary legal credentials and identity to establish the TikTok Shop, while the foreign investor handles the product sourcing, inventory, and day-to-day operations.
This mutually beneficial arrangement allows both parties to capitalize on the lucrative US TikTok Shop market, with very little effort required on the US citizen's side
Do we sign a contract?
A comprehensive contract is a crucial component of this joint venture arrangement. The contract will outline the specific terms and responsibilities of both the US citizen and the foreign investor.
The contract will include:
1>Revenue sharing agreement: The percentage split of the TikTok Shop profits between the US citizen and the foreign investor.
2>Roles and responsibilities: Clearly defining what each party is responsible for in terms of operations, marketing, inventory management, etc.
3>Dispute resolution: Outlining the process for addressing any issues or disagreements that may arise.
4>Termination clauses: Specifying the conditions under which the partnership can be terminated, and the associated procedures.
5>Confidentiality and non-compete provisions: Protecting the personal interests of both parties.
Our team will work closely with you, your legal team, and the foreign investor to review the contract. We will ensure it is fair and equitable.
Is this legal?
By entering into a detailed joint venture agreement, the US citizen is able to provide the necessary legal credentials and identity to establish the TikTok Shop, which allows the foreign investor to access the US TikTok Shop in a compliant manner. So yes, this is 100% legal.
How can I trust that you will handle everything properly?
Building trust is of the utmost importance to us, which is why we have structured our business with transparency and accountability at the forefront. We have a proven track record of successfully managing these joint ventures, with a 100% satisfaction rate from our US citizen partners so far.
Our team is committed to maintaining the highest standards of integrity and professionalism. We understand that you are entrusting us with a significant opportunity, and we take that responsibility very seriously.
We are also happy to provide references from our existing US citizen partners, so you can hear directly about their experiences working with us.
What if the foreign investor disappears or fails to uphold their end of the agreement?
This is a valid concern, which is why the comprehensive joint venture contract is so important.
The contract will clearly outline the roles, responsibilities, and obligations of both parties, including provisions for dispute resolution and termination.
We can provide references from existing partners to demonstrate our track record of successful, transparent joint ventures.
How can I be sure the foreign investor has the necessary experience and resources?
Our company thoroughly vets all foreign investor partners to ensure they have a proven track record in:
1>e-commerce
2>sufficient capital
3>operational capabilities to effectively manage the TikTok Shop.
We will provide detailed information about the investor's background and qualifications before entering into any agreement.
How can I be sure my personal information will be protected??
To ensure your information is safeguarded, we have implemented robust data protection measures throughout our operations:
Encrypted Communications: All communications between you, the joint venture company, and the foreign investor partners are secured using industry-standard encryption protocols. This protects the confidentiality of any sensitive information shared.
Secure Data Storage: Any personal identification documents, financial records, or other sensitive data are stored in encrypted, access-controlled databases hosted in secure data centers. Only authorized personnel have the ability to access this information.
