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    <div style="text-align: center; font-weight: bold;">As filed with the Securities and Exchange Commission on July 28, 2021</div>
    <div style="text-align: right; font-weight: bold;">Registration No. 333-&#160;&#160;&#160;&#160;&#160;&#160;</div>
    <div>
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    <div style="text-align: center; font-size: 8pt; font-weight: bold;"><font style="font-size: 14pt; font-family: 'Times New Roman',Times,serif;">UNITED STATES</font><font style="font-size: 14pt; font-family: 'Times New Roman',Times,serif;"><br>
      </font><font style="font-size: 14pt; font-family: 'Times New Roman',Times,serif;">SECURITIES AND EXCHANGE COMMISSION</font><br>
      <font style="font-size: 12pt;">Washington, D.C. 20549</font></div>
    <div>&#160;</div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;"><font style="font-size: 18pt;">FORM S-8</font><br>
      <font style="font-size: 10pt;">REGISTRATION STATEMENT<font style="font-family: 'Times New Roman',Times,serif;"><br>
        </font>UNDER<font style="font-family: 'Times New Roman',Times,serif;"><br>
        </font>THE SECURITIES ACT OF 1933</font></div>
    <div>&#160;</div>
    <div style="text-align: center; font-size: 8pt; font-weight: bold;"><font style="font-size: 24pt; font-family: 'Times New Roman',Times,serif;">SHOPIFY INC.</font><br>
      <font style="font-size: 10pt;">(Exact Name of Registrant as Specified in its Charter)</font></div>
    <div>&#160;</div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="zd8c524e80ea249bf9e3716c882656292" border="0" cellpadding="0" cellspacing="0">

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          <td style="width: 50%; vertical-align: bottom;">
            <div style="text-align: center; font-weight: bold;">Canada</div>
          </td>
          <td style="width: 50%; vertical-align: bottom;">
            <div style="text-align: center; font-weight: bold;">30-0830605</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: bottom;">
            <div style="text-align: center; color: #231F20; font-weight: bold;">(State or Other Jurisdiction of</div>
            <div style="text-align: center; color: #231F20; font-weight: bold;">Incorporation or Organization)</div>
          </td>
          <td style="width: 50%; vertical-align: bottom;">
            <div style="text-align: center; color: #231F20; font-weight: bold;">(I.R.S. Employer</div>
            <div style="text-align: center; color: #231F20; font-weight: bold;">Identification No.)</div>
          </td>
        </tr>

    </table>
    <div>&#160;</div>
    <div style="text-align: center; font-weight: bold;">151 O'Connor Street, Ground Floor<br>
      Ottawa, Ontario, Canada K2P 2L8<br>
      (613) 241-2828<br>
      (Address of Principal Executive Offices)(Zip Code)</div>
    <div>&#160;</div>
    <div style="text-align: center; font-weight: bold;">Second Amended and Restated Stock Option Plan<br>
      Second Amended and Restated Long Term Incentive Plan<br>
      (Full Title of the Plans)</div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;">Corporation Service Company<br>
      251 Little Falls Drive, Wilmington, DE, 19808-1674<br>
      (Name and Address of Agent for Service)</div>
    <div>&#160;</div>
    <div style="text-align: center; font-weight: bold;">(302) 658-7581<br>
      (Telephone Number, Including Area Code, of Agent for Service)</div>
    <div style="text-align: center;"><br>
    </div>
    <div style="text-align: center;"><font style="font-weight: bold; font-style: italic;">Copy to</font>:</div>
    <div style="text-align: center; font-weight: bold;">Erin Zipes<br>
      Corporate Secretary<br>
      Shopify Inc.<br>
      151 O'Connor Street, Ground Floor<br>
      Ottawa, ON K2P 2L8<br>
      Canada<br>
      (613) 241-2828</div>
    <div>&#160;</div>
    <div>Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of &#8220;large accelerated filer,&#8221; &#8220;accelerated
      filer,&#8221; &#8220;smaller reporting company,&#8221; and &#8220;emerging growth company&#8221;&#160; in Rule 12b-2 of the Exchange Act.</div>
    <div>&#160;</div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="zeb80fac0d8fc4e3288364f6ceecae842" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 19.52%; vertical-align: top;">
            <div>Large accelerated filer&#160;</div>
          </td>
          <td style="width: 46.8%; vertical-align: top;">&#9746;</td>
          <td style="width: 23.69%; vertical-align: top;">
            <div>Accelerated filer&#160;</div>
          </td>
          <td style="width: 9.99%; vertical-align: top;">
            <div>&#9744;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 19.52%; vertical-align: top;">
            <div style="color: #231F20;">Non-accelerated filer</div>
          </td>
          <td style="width: 46.8%; vertical-align: top;">
            <div>&#9744;</div>
          </td>
          <td style="width: 23.69%; vertical-align: top;">
            <div>Smaller reporting company&#160;</div>
          </td>
          <td style="width: 9.99%; vertical-align: top;">&#9744;</td>
        </tr>
        <tr>
          <td style="width: 19.52%; vertical-align: top;">&#160;</td>
          <td style="width: 46.8%; vertical-align: top;">&#160;</td>
          <td style="width: 23.69%; vertical-align: top;">
            <div style="color: #000000;">Emerging growth company</div>
          </td>
          <td style="width: 9.99%; vertical-align: top;">&#9744;</td>
        </tr>

    </table>
    <div>&#160;</div>
    <div>If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the
      Securities Act.&#160; &#160; &#9744;</div>
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    <div>&#160;</div>
    <div style="text-align: center; font-weight: bold;">CALCULATION OF REGISTRATION FEE</div>
    <div>&#160;</div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z4fb2854b3bcf4703b632f204db254a4d" cellpadding="0" cellspacing="0">

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            <div style="text-align: center; margin-right: 2.25pt; color: #231F20; font-weight: bold;">Title of Securities to be Registered</div>
          </td>
          <td style="width: 15.34%; vertical-align: bottom; border-left: #000000 2px solid; border-right: #000000 2px solid; border-top: #000000 4px double; border-bottom: #000000 2px solid;">
            <div style="text-align: center; margin-right: 2.25pt; color: #231F20; font-weight: bold;">Amount to be Registered<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
          </td>
          <td style="width: 17.4%; vertical-align: bottom; border-left: #000000 2px solid; border-right: #000000 2px solid; border-top: #000000 4px double; border-bottom: #000000 2px solid;">
            <div style="text-align: center; margin-right: 2.25pt; color: #231F20; font-weight: bold;">Proposed Maximum Offering Price&#160;Per Share<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(2)</sup></div>
          </td>
          <td style="width: 15.88%; vertical-align: bottom; border-left: #000000 2px solid; border-right: #000000 2px solid; border-top: #000000 4px double; border-bottom: #000000 2px solid;">
            <div style="text-align: center; margin-right: 2.25pt; color: #231F20; font-weight: bold;">Proposed Maximum Aggregate Offering Price<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(2)</sup></div>
          </td>
          <td style="width: 17.88%; vertical-align: bottom; border-left: #000000 2px solid; border-top: #000000 4px double; border-bottom: #000000 2px solid;">
            <div style="text-align: center; margin-right: 2.25pt; color: #231F20; font-weight: bold;">Amount of<br>
              Registration Fee</div>
          </td>
        </tr>
        <tr>
          <td style="width: 33.5%; vertical-align: top; border-right: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 4px double;">
            <div>Class A subordinate voting shares</div>
          </td>
          <td style="width: 15.34%; vertical-align: bottom; border-left: #000000 2px solid; border-right: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 4px double;">
            <div style="text-align: center;">600,000</div>
          </td>
          <td style="width: 17.4%; vertical-align: bottom; border-left: #000000 2px solid; border-right: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 4px double;">
            <div style="text-align: center; font-weight: bold;">$1,612.97</div>
          </td>
          <td style="width: 15.88%; vertical-align: bottom; border-left: #000000 2px solid; border-right: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 4px double;">
            <div style="text-align: center; font-weight: bold;">$967,782,000.00</div>
          </td>
          <td style="width: 17.88%; vertical-align: bottom; border-left: #000000 2px solid; border-top: #000000 2px solid; border-bottom: #000000 4px double;">
            <div style="text-align: center; font-weight: bold;">$105,585.02</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
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          <td style="width: 36pt; vertical-align: top; align: right;">(1)</td>
          <td style="width: auto; vertical-align: top;">
            <div>Pursuant to Rule 416 under the U.S. Securities Act of 1933, as amended (the &#8220;Securities Act&#8221;), the number of Class A subordinate voting shares being registered hereby shall be adjusted to include any additional Class A subordinate voting
              shares that may become issuable as a result of stock splits, stock dividends, recapitalizations or any other similar transactions effected without the receipt of consideration that results in an increase in the number of the Registrant&#8217;s
              outstanding Class A subordinate voting shares in accordance with the provisions of the Shopify Inc. Second Amended and Restated Stock Option Plan and the Shopify Inc. Second Amended and Restated Long Term Incentive Plan.</div>
          </td>
        </tr>

    </table>
    <div>&#160;</div>
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          <td style="width: 36pt; vertical-align: top; align: right;">(2)</td>
          <td style="width: auto; vertical-align: top;">
            <div>Estimated solely for the purpose of calculating the registration fee pursuant to paragraphs (c) and (h) (1) of Rule 547 under the U.S. Securities Act of 1933 (the &#8220;Securities Act&#8221;) on the basis of the average of the high and low prices for
              the Class A subordinate voting shares on the New York Stock Exchange on July 26, 2021.</div>
          </td>
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    </table>
    <div>&#160;<br>
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    <div style="text-align: center; font-weight: bold;">PART II</div>
    <div>&#160;</div>
    <div style="text-align: center; font-weight: bold;">Explanatory Note</div>
    <div>&#160;</div>
    <div style="text-indent: 18pt;">This Registration Statement on Form S-8 is being filed for the purpose of registering an additional 600,000 shares of the Registrant&#8217;s Class A subordinate voting shares that may be issued pursuant to the Registrant&#8217;s
      Second Amended and Restated Stock Option Plan or Second Amended and Restated Long Term Incentive Plan (together, the &#8220;Plans&#8221;). The Registrant previously registered 1,870,000 Class A subordinate voting shares for issuance under the Plans pursuant to
      Registration Statements on Form S-8 filed with the Securities and Exchange Commission on May 12, 2016 (File No. 333-211305) and May 29, 2015 (File No. 333-204568). Pursuant to General Instruction E to Form S-8, the contents of such Registration
      Statements on Form S&#8209;8 are hereby incorporated by reference herein, except to the extent supplemented or amended or superseded by the information set forth herein.</div>
    <div>&#160;</div>
    <div style="text-align: center; font-weight: bold;">INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</div>
    <div>&#160;</div>
    <div style="font-weight: bold;">Item 3.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Incorporation of Documents by Reference.</div>
    <div>&#160;</div>
    <div style="text-indent: 18pt;">Shopify Inc. (the &#8220;Registrant&#8221;) hereby incorporates by reference into this Registration Statement the following documents previously filed or furnished with the Securities and Exchange Commission (the &#8220;Commission&#8221;):</div>
    <div>&#160;</div>
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          <td style="width: 27pt; vertical-align: top; align: right;">(a)</td>
          <td style="width: auto; vertical-align: top;">
            <div>The Registrant&#8217;s Annual Report on Form 40-F for the fiscal year ended December 31, 2020, filed with the Commission on <a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/1594805/000159480521000008/shop-20201231.htm">February 17, 2021</a>;</div>
          </td>
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    </table>
    <div>&#160;</div>
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          </td>
          <td style="width: 27pt; vertical-align: top; align: right;">(b)</td>
          <td style="width: auto; vertical-align: top;">
            <div><u>Exhibit 99.1</u> to the Registrant&#8217;s Report on Form 6-K furnished to the Commission on <a href="https://www.sec.gov/Archives/edgar/data/1594805/000159480521000016/ex991shopify2020circular.htm">April 23, 2021</a>;</div>
          </td>
        </tr>

    </table>
    <div>&#160;</div>
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          </td>
          <td style="width: 27pt; vertical-align: top; align: right;">(c)</td>
          <td style="width: auto; vertical-align: top;">
            <div><a href="https://www.sec.gov/Archives/edgar/data/1594805/000159480521000021/exhibit991financialstateme.htm"><u>Exhibit 99.1</u></a> and <a href="https://www.sec.gov/Archives/edgar/data/1594805/000159480521000021/exhibit992mdaq12021.htm"><u>Exhibit



                  99.2</u></a> to the Registrant&#8217;s Report on Form 6-K furnished to the Commission on April 28, 2021 (second report furnished on this date); and</div>
          </td>
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    </table>
    <div>&#160;</div>
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          </td>
          <td style="width: 27pt; vertical-align: top; align: right;">(d)</td>
          <td style="width: auto; vertical-align: top;">
            <div>The description of the Registrant&#8217;s Class A subordinate voting shares contained in the Registrant&#8217;s Registration Statement on Form 8-A (File No. 001-37400) filed with the Commission on <a href="https://www.sec.gov/Archives/edgar/data/1594805/000119312515193089/d922907d8a12b.htm">May 19, 2015</a>, including any amendments or reports filed for the purpose of updating such description.</div>
          </td>
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    </table>
    <div>&#160;</div>
    <div style="text-indent: 18pt;">All documents subsequently filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act, prior to the filing of a post-effective amendment which indicates that all securities offered hereby
      have been sold or which deregisters all securities offered hereby then remaining unsold, shall be deemed to be incorporated by reference herein and shall be deemed to be a part hereof from the date of the filing of such documents, provided that, any
      Report on Form 6-K of the Registrant hereafter furnished to the Commission pursuant to the Exchange Act shall be incorporated by reference into this Registration Statement only if and to the extent provided in such document.</div>
    <div>&#160;</div>
    <div style="text-indent: 18pt;">Any statement contained in this Registration Statement or in a document incorporated or deemed to be incorporated by reference in this Registration Statement will be deemed to be modified or superseded to the extent that
      a statement contained herein or in any other subsequently filed document which also is or is deemed to be incorporated by reference in this Registration Statement modifies or supersedes that statement. Any statement so modified or superseded will not
      be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.</div>
    <div>&#160;</div>
    <div style="font-weight: bold;">Item 4.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Description of Securities.</div>
    <div>&#160;</div>
    <div style="text-indent: 18pt;">Not applicable.</div>
    <div>&#160;</div>
    <div style="font-weight: bold;">Item 5.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Interests of Named Experts and Counsel.</div>
    <div>&#160;</div>
    <div style="text-indent: 18pt;">Not applicable.</div>
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    <div>&#160;</div>
    <div style="font-weight: bold;">Item 6.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Indemnification of Directors and Officers.</div>
    <div>&#160;</div>
    <div style="text-indent: 18pt;">Under the&#160;<font style="font-style: italic;">Canada Business Corporations Act</font>&#160;(the &#8220;CBCA&#8221;), the Registrant may indemnify its current or former directors or officers or another individual who acts or acted at the
      Registrant&#8217;s request as a director or officer, or an individual acting in a similar capacity, of another entity, against all costs, charges and expenses, including an amount paid to settle an action or satisfy a judgment, reasonably incurred by the
      individual in respect of any civil, criminal, administrative, investigative or other proceeding in which the individual is involved because of his or her association with the Registrant or another entity. The CBCA also provides that the Registrant
      may advance moneys to a director, officer or other individual for costs, charges and expenses reasonably incurred in connection with such a proceeding; provided that such individual shall repay the moneys if the individual does not fulfill the
      conditions described below.</div>
    <div>&#160;</div>
    <div style="text-indent: 18pt;">However, indemnification is prohibited under the CBCA unless the individual:</div>
    <div>&#160;</div>
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          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div>acted honestly and in good faith with a view to the Registrant&#8217;s best interests, or the best interests of the other entity for which the individual acted as director or officer or in a similar capacity at the Registrant&#8217;s request; and</div>
          </td>
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    </table>
    <div>&#160;</div>
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          <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
          <td style="width: auto; vertical-align: top;">
            <div>in the case of a criminal or administrative action or proceeding that is enforced by a monetary penalty, the individual had reasonable grounds for believing that his or her conduct was lawful.</div>
          </td>
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    <div>&#160;</div>
    <div style="text-indent: 18pt;">The Registrant&#8217;s by-laws require the Registrant to indemnify each of its current or former directors or officers and each individual who acts or acted at its request as a director or officer, or an individual acting in a
      similar capacity, of another entity, against all costs, charges and expenses, including, without limitation, an amount paid to settle an action or satisfy a judgment, reasonably incurred by the individual in respect of any civil, criminal,
      administrative, investigative or other proceeding in which the individual is involved because of his or her association with the Registrant or another entity.</div>
    <div>&#160;</div>
    <div style="text-indent: 18pt;">The Registrant&#8217;s by-laws authorize it to purchase and maintain insurance for the benefit of each of its current or former directors or officers and each person who acts or acted at the Registrant&#8217;s request as a director
      or officer, or an individual acting in a similar capacity, of another entity.</div>
    <div>&#160;</div>
    <div style="text-indent: 18pt;">The Registrant has entered into indemnity agreements with its directors and certain officers which provide, among other things, that the Registrant will indemnify him or her to the fullest extent permitted by law from
      and against all liabilities, costs, charges and expenses incurred as a result of his or her actions in the exercise of his or her duties as a director or officer.</div>
    <div>&#160;</div>
    <div style="text-indent: 18pt;">The foregoing summaries are necessarily subject to the complete text of the CBCA, the Registrant&#8217;s by-laws and the agreements referred to above and are qualified in their entirety by reference thereto.</div>
    <div>&#160;</div>
    <div style="font-weight: bold;">Item 7.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Exemption from Registration Claimed.</div>
    <div>&#160;</div>
    <div style="text-indent: 18pt;">Not Applicable.</div>
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    </div>
    <div>&#160;</div>
    <div style="font-weight: bold;">Item 8.&#160; &#160; &#160; &#160; &#160; Exhibits.</div>
    <div>&#160;</div>
    <div style="text-indent: 18pt;">The following documents are filed as exhibits to this Registration Statement.</div>
    <div>&#160;</div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z14c268dd56334a87821848d6e2fe98ff" border="0" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 5%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>
              <div style="font-size: 8pt; font-weight: bold;">Exhibit No.</div>
            </div>
          </td>
          <td style="width: 5%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
          <td style="width: 90%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>
              <div style="font-size: 8pt; font-weight: bold;">Description of Exhibit</div>
            </div>
          </td>
        </tr>
        <tr>
          <td style="width: 5%; vertical-align: top;">
            <div><a href="https://www.sec.gov/Archives/edgar/data/1594805/000119312515174504/d863202dex41.htm">4.1</a></div>
          </td>
          <td style="width: 5%; vertical-align: top;">&#160;</td>
          <td style="width: 90%; vertical-align: top;">
            <div style="color: #231F20;">Specimen Class A subordinate voting share certificate (incorporated by reference to Exhibit 4.1 to the Registrant&#8217;s Registration Statement on Form F-1, as amended (File No. 333-203401), filed with the Commission on
              May 6, 2015).</div>
          </td>
        </tr>
        <tr>
          <td style="width: 5%; vertical-align: top;">
            <div><a href="https://www.sec.gov/Archives/edgar/data/1594805/000119312515206718/d933538dex1.htm">4.2</a></div>
          </td>
          <td style="width: 5%; vertical-align: top;">&#160;</td>
          <td style="width: 90%; vertical-align: top;">
            <div style="color: #231F20;">Restated Articles of Incorporation of the Registrant (incorporated by reference to Exhibit 1 to the Registrant&#8217;s Report on Form 6-K, furnished to the Commission on May 29, 2015).</div>
          </td>
        </tr>
        <tr>
          <td style="width: 5%; vertical-align: top;">
            <div><a href="https://www.sec.gov/Archives/edgar/data/1594805/000119312515206718/d933538dex2.htm">4.3</a></div>
          </td>
          <td style="width: 5%; vertical-align: top;">&#160;</td>
          <td style="width: 90%; vertical-align: top;">
            <div style="color: #231F20;">By-laws of the Registrant (incorporated by reference to Exhibit 2 to the Registrant&#8217;s Report on Form 6-K, furnished to the Commission on May 29, 2015).</div>
          </td>
        </tr>
        <tr>
          <td style="width: 5%; vertical-align: top;">
            <div><a href="nt10026969x3_ex5-1.htm">5.1</a>*</div>
          </td>
          <td style="width: 5%; vertical-align: top;">&#160;</td>
          <td style="width: 90%; vertical-align: top;">
            <div style="color: #231F20;">Opinion of Stikeman Elliott LLP.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 5%; vertical-align: top;">
            <div><a href="nt10026969x3_ex5-1.htm">23.1</a>*</div>
          </td>
          <td style="width: 5%; vertical-align: top;">&#160;</td>
          <td style="width: 90%; vertical-align: top;">
            <div style="color: #231F20;">Consent of Stikeman Elliott LLP (included in Exhibit 5.1).</div>
          </td>
        </tr>
        <tr>
          <td style="width: 5%; vertical-align: top;">
            <div><a href="nt10026969x3_ex23-2.htm">23.2</a>*</div>
          </td>
          <td style="width: 5%; vertical-align: top;">&#160;</td>
          <td style="width: 90%; vertical-align: top;">
            <div style="color: #231F20;">Consent of PricewaterhouseCoopers LLP.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 5%; vertical-align: top;">
            <div><a href="#POWEROFATTORNEY">24.1</a>*</div>
          </td>
          <td style="width: 5%; vertical-align: top;">&#160;</td>
          <td style="width: 90%; vertical-align: top;">
            <div style="color: #231F20;">Power of Attorney (included in the signature page to this Registration Statement).</div>
          </td>
        </tr>

    </table>
    <div>&#160;</div>
    <div>
      <hr style="height: 1px; width: 15%; color: #000000; background-color: #000000; margin-left: 0px; margin-right: auto; border: none;" align="left" noshade="noshade"></div>
    * Filed herewith.<br>
    <div style="font-weight: bold;"> <br>
    </div>
    <div style="font-weight: bold;">Item 9.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Undertakings.</div>
    <div>&#160; <br>
    </div>
    <div style="text-indent: 18pt;">(a) The undersigned Registrant hereby undertakes:</div>
    <div>&#160;</div>
    <div style="text-indent: 54pt;">(1) To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement:</div>
    <div>&#160;</div>
    <div style="text-indent: 70.65pt;">(i) To include any prospectus required by Section 10(a)(3) of the Securities Act;</div>
    <div>&#160;</div>
    <div style="text-indent: 70.65pt;">(ii) To reflect in the prospectus any facts or events arising after the effective date of the Registration Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate,
      represent a fundamental change in the information set forth in the Registration Statement; and</div>
    <div>&#160;</div>
    <div style="text-indent: 70.65pt;">(iii) To include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any material change to such information in the Registration Statement;</div>
    <div>&#160;</div>
    <div>
      <div style="text-indent: 40.5pt; color: #000000;"><font style="font-style: italic;">provided, however</font>,<font style="font-style: italic;">&#160;</font>that paragraphs (a)(1)(i) and (a)(1)(ii) of this section do not apply if the information required
        to be included in a post-effective amendment by those paragraphs is contained in reports filed with or furnished to the Commission by the Registrant pursuant to Section 13 or Section 15(d) of the Exchange Act that are incorporated by reference in
        the Registration Statement.</div>
    </div>
    <div>&#160;</div>
    <div style="text-indent: 54pt;">(2) That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the
      offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.</div>
    <div>&#160;</div>
    <div style="text-indent: 54pt;">(3) To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.</div>
    <div>&#160;</div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;" noshade="noshade"></div>
    </div>
    <div><br>
    </div>
    <div style="text-indent: 18pt;">(b) The Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant&#8217;s annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act
      that is incorporated by reference in the Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona
      fide<font style="font-style: italic;">&#160;</font>offering thereof.</div>
    <div>&#160;</div>
    <div style="text-indent: 18pt;">(c) Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the
      Registrant has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such
      liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or
      controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether
      such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.</div>
    <div>&#160;</div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;" noshade="noshade"></div>
    </div>
    <div>&#160;</div>
    <div style="text-align: center; font-weight: bold;">SIGNATURES</div>
    <div>&#160;</div>
    <div style="text-indent: 18pt;">Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this
      Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Ottawa, Province of Ontario, Canada on July 28, 2021.</div>
    <div>&#160;</div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z734033bf5ced47fabe69d1b764003805" border="0" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 50%; vertical-align: top;">
            <div style="color: #000000;">&#160;</div>
          </td>
          <td colspan="3" style="vertical-align: top;">
            <div style="color: #000000; font-weight: bold;">SHOPIFY INC.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">
            <div style="color: #000000;">&#160;</div>
          </td>
          <td colspan="3" style="vertical-align: top;">
            <div style="color: #000000;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">
            <div style="color: #000000;">&#160;</div>
          </td>
          <td style="width: 5%; vertical-align: top;">
            <div style="color: #000000;">By:&#160;</div>
          </td>
          <td colspan="2" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="color: #000000;">/s/ Tobias L&#252;tke</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">
            <div style="color: #000000;">&#160;</div>
          </td>
          <td style="width: 5%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="color: #000000;">Name:&#160;</div>
          </td>
          <td style="width: 40%; vertical-align: top;">
            <div style="color: #000000;">Tobias L&#252;tke</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="color: #000000;">Title:&#160;</div>
          </td>
          <td style="width: 40%; vertical-align: top;">
            <div style="color: #000000;">Chief Executive Officer</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;" noshade="noshade"></div>
    </div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;"><a name="POWEROFATTORNEY"><!--Anchor--></a>POWER OF ATTORNEY</div>
    <div>&#160;</div>
    <div style="text-indent: 18pt;"><font style="font-weight: bold;">KNOW ALL PERSONS BY THESE PRESENTS</font>, that each person whose signature appears below constitutes and appoints Tobias L&#252;tke and Amy Shapero, and each of them, with full power to act
      without the other, his or her true and lawful attorneys-in-fact and agents, with full and several power of substitution, for him or her and in his or her name, place and stead, in any and all capacities, to sign any and all amendments, including post
      effective amendments, and supplements to this Registration Statement on Form S-8, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said
      attorneys-in-fact and agents full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as they or he or she might or could do in person,
      hereby ratifying and confirming all that said attorneys-in-fact and agents or his or her or their substitute or substitutes, may lawfully do or cause to be done by virtue hereof.</div>
    <div>&#160;</div>
    <div style="text-indent: 18pt;">Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement has been signed by the following persons on behalf of the Registrant in the capacities indicated on July 28, 2021.</div>
    <div>&#160;</div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z2b2ced00c09540ca8afcec1770683249" border="0" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 45%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>
              <div>Signature</div>
            </div>
          </td>
          <td style="width: 10%; vertical-align: top;">&#160;</td>
          <td style="width: 45%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>
              <div>Title</div>
            </div>
          </td>
        </tr>
        <tr>
          <td style="width: 45%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 10%; vertical-align: top;">&#160;</td>
          <td style="width: 45%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>
              <div>/s/ Tobias L&#252;tke</div>
            </div>
          </td>
          <td style="width: 10%; vertical-align: top;">&#160;</td>
          <td rowspan="2" style="width: 45%; vertical-align: top;">
            <div style="font-family: 'Times New Roman',Times,serif;">Chief Executive Officer and Chairman of the Board of Directors <font style="color: rgb(0, 0, 0);">(Principal Executive Officer)</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 45%; vertical-align: bottom;">
            <div>Tobias L&#252;tke</div>
          </td>
          <td style="width: 10%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 45%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 10%; vertical-align: top;">&#160;</td>
          <td style="width: 45%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>
              <div>/s/ Amy Shapero</div>
            </div>
          </td>
          <td style="width: 10%; vertical-align: top;">&#160;</td>
          <td rowspan="2" style="width: 45%; vertical-align: top;">
            <div style="font-family: 'Times New Roman',Times,serif;">Chief Financial Officer<font style="color: rgb(0, 0, 0);">&#160;</font>(Principal Financial Officer and Principal Accounting Officer)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45%; vertical-align: bottom;">
            <div>Amy Shapero</div>
          </td>
          <td style="width: 10%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 45%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 10%; vertical-align: top;">&#160;</td>
          <td style="width: 45%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>
              <div>/s/ Robert Ashe</div>
            </div>
          </td>
          <td style="width: 10%; vertical-align: top;">&#160;</td>
          <td style="width: 45%; vertical-align: bottom;">
            <div>Director</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45%; vertical-align: bottom;">
            <div>Robert Ashe</div>
          </td>
          <td style="width: 10%; vertical-align: top;">&#160;</td>
          <td style="width: 45%; vertical-align: bottom;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 45%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 10%; vertical-align: top;">&#160;</td>
          <td style="width: 45%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>
              <div>/s/ Gail Goodman</div>
            </div>
          </td>
          <td style="width: 10%; vertical-align: top;">&#160;</td>
          <td style="width: 45%; vertical-align: bottom;">
            <div>Director</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45%; vertical-align: bottom;">
            <div>Gail Goodman</div>
          </td>
          <td style="width: 10%; vertical-align: top;">&#160;</td>
          <td style="width: 45%; vertical-align: bottom;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 45%; vertical-align: bottom;">&#160;</td>
          <td style="width: 10%; vertical-align: top;">&#160;</td>
          <td style="width: 45%; vertical-align: bottom;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 45%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>
              <div>/s/ Colleen Johnston</div>
            </div>
          </td>
          <td style="width: 10%; vertical-align: top;">&#160;</td>
          <td style="width: 45%; vertical-align: bottom;">
            <div>Director</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45%; vertical-align: bottom;">
            <div>Colleen Johnston</div>
          </td>
          <td style="width: 10%; vertical-align: top;">&#160;</td>
          <td style="width: 45%; vertical-align: bottom;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 45%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 10%; vertical-align: top;">&#160;</td>
          <td style="width: 45%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>
              <div>/s/ Jeremy Levine</div>
            </div>
          </td>
          <td style="width: 10%; vertical-align: top;">&#160;</td>
          <td style="width: 45%; vertical-align: bottom;">
            <div>Director</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45%; vertical-align: bottom;">
            <div>Jeremy Levine</div>
          </td>
          <td style="width: 10%; vertical-align: top;">&#160;</td>
          <td style="width: 45%; vertical-align: bottom;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 45%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
          <td style="width: 10%; vertical-align: top;">&#160;</td>
          <td style="width: 45%; vertical-align: bottom;">
            <div>&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div>
              <div>/s/ John Phillips</div>
            </div>
          </td>
          <td style="width: 10%; vertical-align: top;">&#160;</td>
          <td style="width: 45%; vertical-align: bottom;">
            <div>Director</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45%; vertical-align: bottom;">
            <div>John Phillips</div>
          </td>
          <td style="width: 10%; vertical-align: top;">&#160;</td>
          <td style="width: 45%; vertical-align: bottom;">&#160;</td>
        </tr>

    </table>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;" noshade="noshade"></div>
    </div>
    <div>&#160;</div>
    <div style="text-align: center; font-weight: bold;">AUTHORIZED REPRESENTATIVE</div>
    <div>&#160;</div>
    <div style="text-indent: 18pt;">Pursuant to the requirements of the Securities Act of 1933, the undersigned certifies that it is the duly authorized United States representative of the Registrant and has duly caused this Registration Statement on Form
      S-8 to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Ottawa, Province of Ontario, Canada, on&#160;July 28, 2021.</div>
    <div><br>
    </div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="zf390fd0432aa4387a34bb530d33505ff" border="0" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 50%; vertical-align: top;">
            <div style="color: #000000;">&#160;</div>
          </td>
          <td colspan="3" style="vertical-align: top;">
            <div style="color: #000000; font-weight: bold;">SHOPIFY HOLDINGS (USA) INC.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td colspan="3" style="vertical-align: top;">
            <div style="color: #000000;">(Authorized Representative in the United States)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">
            <div style="color: #000000;">&#160;</div>
          </td>
          <td colspan="3" style="vertical-align: top;">
            <div style="color: #000000;">&#160;</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">
            <div style="color: #000000;">&#160;</div>
          </td>
          <td style="width: 5%; vertical-align: top;">
            <div style="color: #000000;">By:&#160;</div>
          </td>
          <td colspan="2" style="vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="color: #000000;">/s/ Seth Bressack</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">
            <div style="color: #000000;">&#160;</div>
          </td>
          <td style="width: 5%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="color: #000000;">Name:&#160;</div>
          </td>
          <td style="width: 40%; vertical-align: top;">
            <div style="color: #000000;">Seth Bressack</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">
            <div style="color: #000000;">Title:&#160;</div>
          </td>
          <td style="width: 40%; vertical-align: top;">
            <div style="color: #000000;">Director</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
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[{"type": "S-8", "sequence": "1", "filename": "nt10026969x3_s8.htm", "description": "FORM S-8", "secsgml_size_bytes": 52191}]
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As filed with the Securities and Exchange Commission on July 28, 2021
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
SHOPIFY INC.
(Exact Name of Registrant as Specified in its Charter)
Canada
30-0830605
(State or Other Jurisdiction of
Incorporation or Organization)
(I.R.S. Employer
Identification No.)
151 O'Connor Street, Ground Floor
Ottawa, Ontario, Canada K2P 2L8
(613) 241-2828
(Address of Principal Executive Offices)(Zip Code)
Second Amended and Restated Stock Option Plan
Second Amended and Restated Long Term Incentive Plan
(Full Title of the Plans)
Corporation Service Company
251 Little Falls Drive, Wilmington, DE, 19808-1674
(Name and Address of Agent for Service)
(302) 658-7581
(Telephone Number, Including Area Code, of Agent for Service)
Copy to
:
Erin Zipes
Corporate Secretary
Shopify Inc.
151 O'Connor Street, Ground Floor
Ottawa, ON K2P 2L8
Canada
(613) 241-2828
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of "large accelerated filer," "accelerated
      filer," "smaller reporting company," and "emerging growth company"  in Rule 12b-2 of the Exchange Act.
Large accelerated filer
☒
Accelerated filer
☐
Non-accelerated filer
☐
Smaller reporting company
☐
Emerging growth company
☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the
      Securities Act.    ☐
CALCULATION OF REGISTRATION FEE
Title of Securities to be Registered
Amount to be Registered
(1)
Proposed Maximum Offering Price Per Share
(2)
Proposed Maximum Aggregate Offering Price
(2)
Amount of
Registration Fee
Class A subordinate voting shares
600,000
$1,612.97
$967,782,000.00
$105,585.02
(1)
Pursuant to Rule 416 under the U.S. Securities Act of 1933, as amended (the "Securities Act"), the number of Class A subordinate voting shares being registered hereby shall be adjusted to include any additional Class A subordinate voting
              shares that may become issuable as a result of stock splits, stock dividends, recapitalizations or any other similar transactions effected without the receipt of consideration that results in an increase in the number of the Registrant's
              outstanding Class A subordinate voting shares in accordance with the provisions of the Shopify Inc. Second Amended and Restated Stock Option Plan and the Shopify Inc. Second Amended and Restated Long Term Incentive Plan.
(2)
Estimated solely for the purpose of calculating the registration fee pursuant to paragraphs (c) and (h) (1) of Rule 547 under the U.S. Securities Act of 1933 (the "Securities Act") on the basis of the average of the high and low prices for
              the Class A subordinate voting shares on the New York Stock Exchange on July 26, 2021.
PART II
Explanatory Note
This Registration Statement on Form S-8 is being filed for the purpose of registering an additional 600,000 shares of the Registrant's Class A subordinate voting shares that may be issued pursuant to the Registrant's
      Second Amended and Restated Stock Option Plan or Second Amended and Restated Long Term Incentive Plan (together, the "Plans"). The Registrant previously registered 1,870,000 Class A subordinate voting shares for issuance under the Plans pursuant to
      Registration Statements on Form S-8 filed with the Securities and Exchange Commission on May 12, 2016 (File No. 333-211305) and May 29, 2015 (File No. 333-204568). Pursuant to General Instruction E to Form S-8, the contents of such Registration
      Statements on Form S‑8 are hereby incorporated by reference herein, except to the extent supplemented or amended or superseded by the information set forth herein.
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3.          Incorporation of Documents by Reference.
Shopify Inc. (the "Registrant") hereby incorporates by reference into this Registration Statement the following documents previously filed or furnished with the Securities and Exchange Commission (the "Commission"):
(a)
The Registrant's Annual Report on Form 40-F for the fiscal year ended December 31, 2020, filed with the Commission on
February 17, 2021
;
(b)
Exhibit 99.1
to the Registrant's Report on Form 6-K furnished to the Commission on
April 23, 2021
;
(c)
Exhibit 99.1
and
Exhibit

                  99.2
to the Registrant's Report on Form 6-K furnished to the Commission on April 28, 2021 (second report furnished on this date); and
(d)
The description of the Registrant's Class A subordinate voting shares contained in the Registrant's Registration Statement on Form 8-A (File No. 001-37400) filed with the Commission on
May 19, 2015
, including any amendments or reports filed for the purpose of updating such description.
All documents subsequently filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act, prior to the filing of a post-effective amendment which indicates that all securities offered hereby
      have been sold or which deregisters all securities offered hereby then remaining unsold, shall be deemed to be incorporated by reference herein and shall be deemed to be a part hereof from the date of the filing of such documents, provided that, any
      Report on Form 6-K of the Registrant hereafter furnished to the Commission pursuant to the Exchange Act shall be incorporated by reference into this Registration Statement only if and to the extent provided in such document.
Any statement contained in this Registration Statement or in a document incorporated or deemed to be incorporated by reference in this Registration Statement will be deemed to be modified or superseded to the extent that
      a statement contained herein or in any other subsequently filed document which also is or is deemed to be incorporated by reference in this Registration Statement modifies or supersedes that statement. Any statement so modified or superseded will not
      be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.
Item 4.          Description of Securities.
Not applicable.
Item 5.          Interests of Named Experts and Counsel.
Not applicable.
Item 6.          Indemnification of Directors and Officers.
Under the
Canada Business Corporations Act
(the "CBCA"), the Registrant may indemnify its current or former directors or officers or another individual who acts or acted at the
      Registrant's request as a director or officer, or an individual acting in a similar capacity, of another entity, against all costs, charges and expenses, including an amount paid to settle an action or satisfy a judgment, reasonably incurred by the
      individual in respect of any civil, criminal, administrative, investigative or other proceeding in which the individual is involved because of his or her association with the Registrant or another entity. The CBCA also provides that the Registrant
      may advance moneys to a director, officer or other individual for costs, charges and expenses reasonably incurred in connection with such a proceeding; provided that such individual shall repay the moneys if the individual does not fulfill the
      conditions described below.
However, indemnification is prohibited under the CBCA unless the individual:
•
acted honestly and in good faith with a view to the Registrant's best interests, or the best interests of the other entity for which the individual acted as director or officer or in a similar capacity at the Registrant's request; and
•
in the case of a criminal or administrative action or proceeding that is enforced by a monetary penalty, the individual had reasonable grounds for believing that his or her conduct was lawful.
The Registrant's by-laws require the Registrant to indemnify each of its current or former directors or officers and each individual who acts or acted at its request as a director or officer, or an individual acting in a
      similar capacity, of another entity, against all costs, charges and expenses, including, without limitation, an amount paid to settle an action or satisfy a judgment, reasonably incurred by the individual in respect of any civil, criminal,
      administrative, investigative or other proceeding in which the individual is involved because of his or her association with the Registrant or another entity.
The Registrant's by-laws authorize it to purchase and maintain insurance for the benefit of each of its current or former directors or officers and each person who acts or acted at the Registrant's request as a director
      or officer, or an individual acting in a similar capacity, of another entity.
The Registrant has entered into indemnity agreements with its directors and certain officers which provide, among other things, that the Registrant will indemnify him or her to the fullest extent permitted by law from
      and against all liabilities, costs, charges and expenses incurred as a result of his or her actions in the exercise of his or her duties as a director or officer.
The foregoing summaries are necessarily subject to the complete text of the CBCA, the Registrant's by-laws and the agreements referred to above and are qualified in their entirety by reference thereto.
Item 7.          Exemption from Registration Claimed.
Not Applicable.
Item 8.          Exhibits.
The following documents are filed as exhibits to this Registration Statement.
Exhibit No.
Description of Exhibit
4.1
Specimen Class A subordinate voting share certificate (incorporated by reference to Exhibit 4.1 to the Registrant's Registration Statement on Form F-1, as amended (File No. 333-203401), filed with the Commission on
              May 6, 2015).
4.2
Restated Articles of Incorporation of the Registrant (incorporated by reference to Exhibit 1 to the Registrant's Report on Form 6-K, furnished to the Commission on May 29, 2015).
4.3
By-laws of the Registrant (incorporated by reference to Exhibit 2 to the Registrant's Report on Form 6-K, furnished to the Commission on May 29, 2015).
5.1
*
Opinion of Stikeman Elliott LLP.
23.1
*
Consent of Stikeman Elliott LLP (included in Exhibit 5.1).
23.2
*
Consent of PricewaterhouseCoopers LLP.
24.1
*
Power of Attorney (included in the signature page to this Registration Statement).
* Filed herewith.
Item 9.          Undertakings.
(a) The undersigned Registrant hereby undertakes:
(1) To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement:
(i) To include any prospectus required by Section 10(a)(3) of the Securities Act;
(ii) To reflect in the prospectus any facts or events arising after the effective date of the Registration Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate,
      represent a fundamental change in the information set forth in the Registration Statement; and
(iii) To include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any material change to such information in the Registration Statement;
provided, however
,
that paragraphs (a)(1)(i) and (a)(1)(ii) of this section do not apply if the information required
        to be included in a post-effective amendment by those paragraphs is contained in reports filed with or furnished to the Commission by the Registrant pursuant to Section 13 or Section 15(d) of the Exchange Act that are incorporated by reference in
        the Registration Statement.
(2) That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the
      offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
(3) To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.
(b) The Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act
      that is incorporated by reference in the Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona
      fide
offering thereof.
(c) Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the
      Registrant has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such
      liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or
      controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether
      such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this
      Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Ottawa, Province of Ontario, Canada on July 28, 2021.
SHOPIFY INC.
By:
/s/ Tobias Lütke
Name:
Tobias Lütke
Title:
Chief Executive Officer
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS
, that each person whose signature appears below constitutes and appoints Tobias Lütke and Amy Shapero, and each of them, with full power to act
      without the other, his or her true and lawful attorneys-in-fact and agents, with full and several power of substitution, for him or her and in his or her name, place and stead, in any and all capacities, to sign any and all amendments, including post
      effective amendments, and supplements to this Registration Statement on Form S-8, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said
      attorneys-in-fact and agents full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as they or he or she might or could do in person,
      hereby ratifying and confirming all that said attorneys-in-fact and agents or his or her or their substitute or substitutes, may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement has been signed by the following persons on behalf of the Registrant in the capacities indicated on July 28, 2021.
Signature
Title
/s/ Tobias Lütke
Chief Executive Officer and Chairman of the Board of Directors
(Principal Executive Officer)
Tobias Lütke
/s/ Amy Shapero
Chief Financial Officer
(Principal Financial Officer and Principal Accounting Officer)
Amy Shapero
/s/ Robert Ashe
Director
Robert Ashe
/s/ Gail Goodman
Director
Gail Goodman
/s/ Colleen Johnston
Director
Colleen Johnston
/s/ Jeremy Levine
Director
Jeremy Levine
/s/ John Phillips
Director
John Phillips
AUTHORIZED REPRESENTATIVE
Pursuant to the requirements of the Securities Act of 1933, the undersigned certifies that it is the duly authorized United States representative of the Registrant and has duly caused this Registration Statement on Form
      S-8 to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Ottawa, Province of Ontario, Canada, on July 28, 2021.
SHOPIFY HOLDINGS (USA) INC.
(Authorized Representative in the United States)
By:
/s/ Seth Bressack
Name:
Seth Bressack
Title:
Director