For selling on Flipkart, a business or person needs to become a Flipkart Seller by signing up with Flipkart. This process is easy and can be initiated from the Seller homepage on Flipkart’s website. A business or person can sign up as a Flipkart seller by specifying the information about his/her business and products which he/she proposes to sell via Flipkart. Some of the details which need to be provided and confirmed at the time of registering as a Flipkart Seller include:
Additionally, there are some other important documents which need to be submitted depending on the type of the business being registered:
If any individual wishes to sell through Flipkart on their own legal standing and name, such business would automatically be seen as a Sole Proprietorship. However, a sole proprietorship form of business doesn’t provide limited liability protection to its promoter, does not have partners or investors, is not transferable easily, not scalable enough and has restricted access to bank loans. Hence, becoming a seller on Flipkart as a sole proprietor is not advisable. Despite this, if you choose a sole proprietorship form of business, the below-mentioned documents need to be submitted:
Proof of identity
A signed declaration on the letterhead of the business declaring that the individual manages and owns the bank account which is held in the business’s name, along with
Proof of address
Becoming a seller at Flipkart as a Private Ltd. company is the most desirable choice as it offers limited liability protection for its promoters, easy transferability, separate legal entity, opportunity to involve partners or take on investors and scale-up operations quickly. The below-mentioned documents should be provided for a Private Ltd. company:
Proof of identity
Proof of Address
A seller could become part of Flipkart as a Partnership Firm. Registering as a Limited Liability Partnership (LLP) on Flipkart offers limited liability protection, separate legal entity, easy transferability and the documents needed to become a seller at Flipkart using partnership or LLP form of business include:
Proof of Identity
Proof of address
Once the seller has decided to become a seller at Flipkart and has registered as a business entity for his/her projected business, the below-mentioned tax registration and bank details would be required: