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Archita Bhattacharjee
| Updated: 24 Jun, 2020 | Category: Company Registration

What is Flipkart & Amazon Seller Registration Procedure! Know how to Sell.

Flipkart & Amazon Seller Registration

Today’s time is undoubtedly everything about to what extend one can quickly get what they want. All thanks to E-commerce, which is booming today in the online shopping portals. Those are Flipkart, Amazon, and many more, which have transformed the shopping involvement for the interested and remote consumers. 

Fashion! Food! Basics! Yes! We are talking about the overall selling Businesses by placing an online order on an e-commerce website that can get anything delivered to our doorstep. There are lots of inventive business models by involving tons of new ideas which include a) same-day delivery b) cash on delivery or card on delivery c) low prices d) try & return e) quick refunds and many more! It has increased online shopping capacities. 

For all the entrepreneurs out there, this article will serve you an in-depth guide on how to associate with the process to become a Flipkart & Amazon India Partner and means to sell products from its end.

Amazon & Flipkart: Highly rated online internet markets

Flipkart: Flipkart is one of India’s premier e-commerce sites today. Throughout India, Flipkart platform offers entrepreneurs with great opportunities to sell their products to a large customer base. Herewith, Flipkart Sellers are called the People who sell their products through Flipkart platform to the large customers.

Amazon: Amazon is also the place where one can sell and buy products. It is one of the highly rated online internet marketplaces. It is known to be the biggest online retailer all over the United States of America. The company – Amazon India has a dedicated investment of over 2 billion US dollars in construction and developing its corresponding Indian item. In the year 2013, Amazon India got launched, which presently sells millions of goods over its boards and policies. 

Overview of Flipkart Selling: Brief

Flipkart sold products worth approx USD 2.4 billion in 2016, which made it one of the leading e-commerce web stores today in India. Flipkart had a customer base of over 2.6 crores registered users in the financial year 2013-14. Presently, the Flipkart has an average of more than 80 lakh page visits a day and ships over 5 million shipments every month. Henceforward, for the people wishing to sell on Flipkart as a Flipkart seller, there is an unbelievable business opportunity out there!

Flipkart Seller Registration Method

At the very outset, being a Flipkart seller on the Flipkart Login page, the seller needs to take account of signing up on the website. You need to create an account on your Seller homepage on Flipkart’s website. It requires very few measures and where the registration is really very easy. A seller will be permitted to add particulars of the items he/she will sell utilizing this website. There are few basic details necessary to fill in while registration as Flipkart seller.

Those are as follows:-

  • Seller Name
  • Seller’s email ID
  • Seller’s Contact Number
  • Seller’s Business/Pick up address
  • Seller’s Classification of product to be sold over Flipkart
  • GST Registration Documents
  • Seller’s Business registration credentials 
  • Certificate of Incorporation
  • Memorandum of Association, etc.

Also, there are other relevant credentials need to be provided. Those will depend upon the type of business being enumerated.

Kinds of Business Registration as Seller on the Flipkart website

There are few signified businesses in which companies can be registered. Those may include Sole Proprietorship Firm, Partnership firms, LLPs, etc. Do you know, what are the documents required in each kind of business? Let’s talk about business entity & its required documents to get registration on Flipkart Seller website.

Types of Business Registration as Seller on the Flipkart

Sole Proprietorship

For people who do not wish to operate their shops but want to sell their products, in that case, online markets usually seem very humble. Websites like Flipkart offer to sell them around the country and to list their goods online with comfort. Yes, the survey says that most individuals tend to register with these websites. 

The person will immediately be named as the sole proprietor who opts to register under a brand name. Moreover, this business model offers the owner no protections and insurances. They cannot increase their size due to unlimited liability and restriction of access to loans, banks, and company grants. For that reason, employing minimal risk, being a sole proprietor seller, is ideal for small-scale commercial activities/business. Here is a list of essential documents will straightaway be named as the sole proprietor. 

The information to be submitted are as follows:-

  • Proof of identity
  • A signed statement on the company’s letterhead. It should specify that the name of the person controls and the person who owns the bank account, which is held in the company’s name.
  • PAN Card of the sole proprietor
  • Passport of the sole proprietor
  • Driving License/ Voters ID of the sole proprietor
  • Permit of establishment or Lease agreement
  • Proof of address 
  • Bank Account Statement or a canceled cheque that belongs to a proprietor 
  • Any other government identity card including a photo of the seller
  • GST IN
  • Telephone bill generated in the name of the proprietor
  • Electricity bill of the proprietor

Private Limited Company

Under the name of Private Limited Company, Registration on Flipkart provides numerous benefits. This kind of form is by far the most suitable category of company. Private Limited Company’s features offer security for its shareholders and promoters, quick transferability, easy access to loans, separate identity as legal entity, perpetual succession and risk-taking ability to grow business, etc. These also include limited liabilities that, to some degree, benefit sellers.

When you register Private Limited Company like Flipkart, Amazon, etc. for selling/trading items on online platforms, it turns out to be a very enlightened change. 

The list of essential documents and credentials to submit are as follows:-

  • PAN Card of the Company
  • A copy of registration documents or Incorporation credential of the Private Ltd. company
  • Proof of identity
  • Copy of MOA (Memorandum of Association)
  • Telephone bill generated in the name of the company
  • Electricity bill made in the name of the company
  • Proof of Address
  • GSTIN required for all states where the business has their supply of goods and warehouse)
  • Rental or Lease agreement
  • Canceled Cheque of the Current Bank account

Partnership Firm or LLP

A seller may get registered under Flipkart as a Partnership Firm. Registering on Flipkart provides limited liability protection, separate legal entity, and easy transferability as a Limited Liability Partnership (LLP) 

With this, documents obligatory to become a Flipkart seller using a partnership or LLP business form consist of the following:-

  • LLP Incorporation Certificate or Partnership Registration
  • Rental or Lease agreement
  • Power of Attorney duly authorized to a selected Partner or the employee in the event of a Limited Liability Partnership or Partnership firm for performing business processes on its behalf
  • Electricity bill in the name of Partners/LLP
  • Proof of address
  • Partnership deed
  • PAN Card of Partnership Firm or LLP
  • Proof of Identity
  • Partner’s/ LLP’s Telephone bill
  • Documents identifying themselves as Partners
  • Official document ratifying the address of the Partners
  • Partner’s/LLP’s Electricity bill

GST: Tax-related registration

If the seller registered as a business entity for his / her planned business and agreed to become a Flipkart seller, then the tax registration should be done.

The details that need to get furnished are given below. Those are as follows:-

  • TAN ( Stands for-Tax Deduction and Collection Account Number) is needed for TDS (Tax Deduction at Source)
  • GSTIN of the seller in case goods to be sold on Flipkart comes under the purview of GST (Goods and Services Tax Identification Number)
  • PAN Card of the private limited company or individual or partnership(Permanent Account Number)
  • Bank account number of the entity or business
  • Bank IFSC[1] code for the bank account
  • Name of the business/entity
  • Bank account in the name of the company or entity

Trademark Registration

Each seller should register their brand name to protect their brand identity from other sellers who request to register their goods & services under your brand name. It is important to note that Flipkart does not allow any other seller until licensed to list its products under the licensed brand name.

Depository Requirement (Warehouse)

Flipkart offers its sellers a convenience at Fulfilment Centres (Flipkart Warehouse) to stock the goods and products. This facility decreases the seller’s burden to store the goods and products and find space. That sooner or later reduces the further investment desired to operate the seller’s company.

A seller will need to add a place of business to their respective GSTIN if he opts for Flipkart Fulfilment service. The seller may require a separate GST registration for the specific state address if he prefers another state warehouse facility. Added facilities are to be provided to sellers on Flipkart Platform, such as shipping, ads, etc. It enables to eases of their burden to facilitate product distribution, and marketing becomes very simple.

Read our article: Wondering why Shop and Establishment License is Required for Business?

Sell on Flipkart! Let’s get started.

After the account is registered as a Flipkart seller, you can start selling their itemized products on the website after providing the required information, documents, and registration details.

It is imperative to take care of enforcement, return filing, TDS filing, and any other tax laws upon registration as a seller on Flipkart, that narrate to the e-commerce division. GST return filing is the most significant aspect of compliance through the procedure. Worry Not! Experts at CorpBiz will provide precise and trouble-free return filing services to Flipkart sellers at very reasonable and cheap rates. 

Overview on Selling on Amazon India: Brief

Amazon offers a marvelous internet-based business platform for all businesses to establish a pan-India to reach swiftly. The platform provides a wide range of goods/product categories starting from digital accessories to routine products. 

Compared to starting a new e-commerce website for your own business, selling products on Amazon has many advantages. The building, developing, and looking after the online marketplace, payment handing out, logistics management, advertising, etc., are adequately taken care of by Amazon on behalf of their sellers. Developing an e-commerce website may cause many obstacles. Those include the aspects in terms of logistics handling, advertising, payment dealing out, etc. 

Amazon India Registration Method

At the very outset, being an Amazon seller on the Amazon India page, the seller needs to take account of signing up. You need to create an account on your Seller homepage on Amazon’s website. It requires very few measures and where the registration very easy. A seller will be permitted to add particulars of the items he/she will sell through this website.

Name of the Business Entity

For registering yourself as an Amazon seller partner, it is highly recommended that you register as an OPC (One Person Company) or LLP (Limited Liability Partnership), or Private Limited Company. These entities are easy to start and provide limited liability protection. Moreover, the business promoter could theoretically face litigation or liability from vendors/customers while selling products through online e-commerce portals like Amazon.

And so, it can be said that it is crucial to have limited liability protection. You must enter the entity name; else, enter the proprietor’s name if you’re selling your products via a registered business entity (Limited Liability Partnership or Private Limited Company).

Phone Number and Address of Business Entity

In the respective column, you must add all the entity’s registered details, including office address or place of business. Also, you have to provide a phone number for registration that can be SMS verification or mobile number as Voice Call.

Details regarding GST Registration

GST registration is not mandatory for sellers selling certain products that are not enclosed under GST. For all others selling any product must furnish GSTN number to start selling their products through Amazon India for which Goods and Service Tax is pertinent. 

Details regarding Bank Accounts

To complete the seller registration process with Amazon India, the proposed seller is required to furnish the following information about his bank account of the commercial to Amazon:

  • Account Type
  • Bank Account Number
  • Bank IFSC Code
  • Name of the Bank Account Holder

You can begin selling on Amazon India after providing the above information to Amazon, and an obligatory Amazon Partner Quiz is completed. Complete information relating to the management of listings and listing of products that are available through the Amazon India Seller Panel website.

How to go about GST for Amazon Sellers?

GST compliance is a significant part of the Amazon Seller registration process, as we all know, which is also evident from the above paragraphs. CorpBiz professional teams are ready to help you to be prepared with the GST registration India to help sellers on this platform in a secure manner. 

Sell on Amazon India! Let’s get started.

Believe us! Selling products on Amazon is super simple and has secure methods to get in. Just that, you need to list all the goods/products you wish to sell on the Amazon marketplace and make a guide for it. You will get a notification for the same requiring you to ship the product whenever a customer purchases your listed products. 

You can either let Amazon fulfill the order for you through their logistics arm or initiate the delivery of the selected product to the customer and confirm shipment. After that, Amazon will credit the funds to your bank account after subtracting its fees.

Conclusion

CorpBiz software incorporates seamlessly with the seller dashboard, and introducing invoices and filing returns is thus shortened. Here’s a step-by-step guide for Amazon sellers on how to go about GST Registration  and file returns accordingly. 

Our team has many full-fledged plans that can help e-sellers dealers with GST registration, GST return filing, and other compliance, which are a must. You can quickly meet your GST needs in a timely and budget-friendly manner and boost your online sales by choosing one of our plans for your business, with no worries. 

Kindly utilize the steps given above to integrate legally and securely portal to your business and get the benefits in the form of improved sales and satisfied clients’ Seamless and hassle-free manner. Our CorpBiz experts will be at your disposal for assisting you with guidance concerning the Flipkart & Amazon Seller Registration Procedure and its compliance for the smooth functioning of your business in India.

Read our article: A Complete Overview of Shop and Establishment Act And How to Obtain its License?

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Archita Bhattacharjee

Archita Bhattacharjee is a fellow of legal studies and has proving experience about 1.5 years as Corporate legal Researcher in law firms and Rajya Sabha and authors in diverse journal publications. She has refined her skills by representing India in Paris and the University of Leiden over implications of International Humanitarian and Criminal Law being certified member of Legal Centers. As a part-time thinker, she is building intelligible legal Content for Corpbiz.

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