How can anyone sell on Flipkart? | How to Sell on Flipkart

How can anyone sell on Flipkart? | How to Sell on Flipkart

How can anyone sell on Flipkart? | How to Sell on Flipkart

 

Hi Friends, Today we will talk about How can anyone sell on Flipkart? | How to Sell on Flipkart. E-commerce is booming in india – because of shopping portals like Flipkart, SnapDeal and Amazon that has revolutionized the online shopping expertise for Indian shoppers. Innovative models like cash on delivery and same day delivery backed by low costs has spurred a lot of customer to buy on-line, creating Flipkart – India’s largest electronic commerce store. Flipkart sold products value over USD one Billion throughout the financial year 2013-14 and has a client base of over 2.6 crore registered users. Flipkart presently ships over fifty lakhs shipments monthly and generates over 80 lakh daily page visits. Therefore, there’s tremendous business chance for those that sell on Flipkart by turning into a Flipkart seller. during this article, we glance a way to become a Flipkart seller and sell on Flipkart

 

How to become a Flipkart Seller

To sell on Flipkart, a person or business must become a Flipkart Seller by signing on with Flipkart. The process for signing on as a Flipkart Seller is easy and can be started from the Flipkart Seller homepage. A person or business can signup as a Flipkart seller by providing information about the business and the products the seller proposes to sell through Flipkart. Some of the details that must be provided and verified during the Flipkart Seller registration process include:

  • Name
  • Email address
  • Phone number
  • Pickup address / business address
  • Categories of product the business is interested in selling through Flipkart
  • Business registration documents
  • Tax registration documents
  • Flipkart Big Billion Days Sale 2018 

 

Selling on Flipkart as an Individual or Sole Proprietorship

If an individual decides to sell on Flipkart on his/her own name and legal standing. The business will automatically be perceived to be a Sole Proprietorship business. A sole proprietorship business does not offer limited liability protection to the promoter, is not easily transferable, cannot have investors or partners, not very scalable and has limited capacity to obtain bank loans. Therefore, it is best to avoid becoming a seller on Flipkart using a sole proprietorship entity. In case a sole proprietorship is chosen, the following documents may have to be submitted:

 

Identity Proof

  • Signed declaration on the business letterhead stating that the individual owns and manages the bank account held in the name of the business.
  • Statement of bank accounting registered on Flipkart payment gateway.
  • Passport
  • PAN Card
  • Voters ID
  • Driving License
  • Any other photo identity card
  • Letter from a recognized Public Authority or Public Servant verifying identity.

 

Address Proof 

  • Telephone bill (Fixed line) in the name of the Proprietorship firm
  • Electricity bill in the name of the Proprietorship firm
  • Bank Account Statement in the name of the Proprietorship
  • Letter from Employer
  • Ration card
  • Lease or license agreement
  • Letter from a recognized Public Authority or Public Servant verifying identity.
  • Flipkart Seller FAQ’s

 

Selling on Flipkart as a Private Limited Company

Becoming a Flipkart Seller – as a Private Limited Company is one of the most preferable methods of becoming a Flipkart Seller as it provides limited liability protection to promoters, separate legal entity, easy transferability, ability to take on investors or partners and quickly scale-up operations. The following documents must be submitted for a Private Limited Company:

 

Identity Proof

  • Copy of Certificate of Incorporation of Private Limited Company
  • Copy of Memorandum of Association
  • Company PAN Card

 

Address Proof 

  • Company Telephone bill (Fixed line)
  • Company Electricity bill
  • Lease or rental agreement

 

Selling on Flipkart as a LLP / Partnership Firm

A Flipkart seller can also be a Partnership Firm. However, it is preferable to register a LLP (Limited Liability Partnership) while signing on as a Flipkart seller as it provides limited liability protection, easy transferability, separate legal entity and other documents required to quickly become a Flipkart seller.

 

Identity Proof

  • Partnership registration or LLP Incorporation Certificate
  • Partnership deed
  • Power of Attorney granted to a Partner or an Employee of the LLP or Partnership firm to transact business on its behalf
  • Any document identifying Partners and the person holding the Power of Attorney with their photographs
  • PAN Card of the LLP or Partnership Firm

 

Address Proof 

  • Any official valid document confirming the address of the Partners and the persons holding the Power of Attorney
  • Firm/Partner’s Telephone bill
  • Firm/Partner’s Electricity bill
  • Lease or Rental agreement
  • Company Electricity bill
  • Lease or License agreement

 

Flipkart Seller: Tax Registration Requirement

Once the Flipkart seller has decided on and registered a suitable business entity for the proposed business, the following tax registration and bank account in the name of the business or entity will be required:

  • Business name
  • PAN – PAN Card of the individual or private limited company or partnership
  • GST – GST Number Required
  • Bank account name
  • Bank account number
  • Bank IFSC code

 

Starting to sell on Flipkart

Once the promoters of the business has provided the above information, documents and registrations, the business can commence selling of its products on Flipkart. Once, the formalities for Flipkart seller account registration are complete, the business can setup the storefront and list products to sell on Flipkart – to start sales.

 

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