All you need to know
Starting an e-commerce business is a dream for many aspiring entrepreneurs. Also with enormous growth of e-commerce players in India and thanks to Internet connectivity, it is also an easy choice for Indian youth.
Business registration is the first step towards your dream of setting up an online store. For registering your business, you need to decide which type of entity you should form. You have many choices such as starting solo with Sole Proprietorship firm or One Person Company. You may also opt for registering a Private Limited Company, if you have plans to infuse equity or bring in Foreign Direct Investment at a later stage. Usually, Private Limited Company is the best form of organization for an e-store. It has many advantages such as limited liabilities, quick approvals, easy compliances, legal protection, scalability etc.
Once a business is registered, you need to apply for GST Registration, which is a mandatory requirement laid down by all e-commerce platforms. You may then proceed with opening a bank account in the name of business. More details on GST Registrations is available here.
Some e-commerce platforms also insist for their own Trademark i.e. a personalized logo and brand name. It also helps you create your own brand value and goodwill.
info@caagrawalkanhere.com is an eminent business platform and a progressive concept, which helps end-to-end incorporation, compliance, advisory, and management consultancy services to clients in India and abroad. ca agrawal kanhere will help you with all business registrations required for you to easily register yourself on any e-commerce platforms in India. You may get in touch with our compliance manager on 07552761432 or email info@caagrawalkanhere.com for free query.
Decide on your best option
Setting up own online store for selling products all across India is very easy. It contains some additional steps as compared to registering as a seller on e-commerce platform. You will additionally need a website (domain), digital marketing team to create visibility of your products and payment gateway.
If you wish to register as a seller on any existing e-commerce platform, all you need is a business registration, trademark registration and GST registration in India. Once these registrations are obtained, you can open a bank account and go ahead with registering on any of the e-commerce platform.
5 Easy Steps
Choose a name
Register your business
Obtain a brand registration
Open your bank account
Register on any e-commerce platforms
An CA Agrawal Kanhere Compliance Manager will help you choose a unique name and obtain name approval for your business. We will get in touch with you to understand your business model and suggest you an appropriate form of organization such as OPC, Private Limited or Proprietorship.
Next step is to obtain GST Registration and Brand name Registration. GST Registration is mandatory for registering as an e-commerce store. Trademark registration is not mandatory but advisable. Once these are obtained, we will proceed to help you to open your bank account.
In India, there are several e-commerce platforms such as Flipkart, Amazon, eBay, paytm, snapdeal on which you may register your products. All you need to do is to choose a platform (s) and start with it. Many of them have laid down very easy registration requirements.
Get answers to all your queries
