body: I am planning to provide an internet service that accepts payments through
  
  
  1. Bit coin
  2. PayPal
  3. Visa
  
  
  For now, I have not legally registered this as a company or planning to pay tax for the income.
  Is it illegal to do this? And what do I need to do before starting to earn income?
  
  
  
title: What is the legal requirements of earning money on the internet