What are the documents required to register as a seller on Paytm?


6 Answers


  

Documents required to register as a seller on Paytm -

  • Form a business entity and apply for various registrations prior to applying as a seller on Paytm. Documents vary according to the type of business entity you form such as proprietorship, partnership, LLP, private limited and public limited companies.
  • Apply for and obtain GST registration. This is mandatory.
  • Apply for and obtain PAN card in business entity name for income tax filing.
  • Open a current account in a bank and get a cheque book.
  • It helps to get a digital signature and trademark certificate or authorization from brand owners.
  • Address proof and ID proof

 

Scan and keep .jpg or .pdf formats ready to upload during the registration process. 

  

Documents you must have in order prior to registering as a seller on Paytm:

  • Shops & establishment Act registration if you are forming a proprietorship company.
  • Certificate of incorporation and memorandum and articles of association if you form a private limited or public limited company.
  • Partnership deed and power of attorney for partnership and limited liability partnership.
  • GST registration certificate
  • PAN card in your business name, not a personal name.
  • Current bank account and cheque book, with a cancelled cheque ready and scanned for upload.
  • Address proof like driving license, passport copy, bank statement, and ID proof like Aadhar card, voter ID, passport.

At a minimum, you need the above to complete the registration as seller on Paytm process.

Make sure to mention office address and warehouse address in GST if both are different.

Do not sell as an individual. LLP or private limited company types are better since your liability in case of claims is limited.

  

If you are already running a business you do not really have to do much except scan and keep ready documents pertaining to your business. If you are new and fresh to the business you will need to obtain all of the following documents before you register as a seller on Paytm.

Documents related to a business entity like a partnership deed for a partnership company. If it is private limited or public limited company you need a certificate of incorporation and memorandum and articles of association.

Open a current account in a bank in the business name and get a cheque book. Keep aside a cancelled cheque. This contains banking information like account number, name of the account and IFSC code. Link bank account with PAN.

PAN card is necessary since businesses must file tax returns.

Address proof for business and personal ID proof.

Scan all documents. You will have to upload them during registration process.

  

  

Documents required for Paytm seller registration
  • Name of the Business. Private Limited Company / Partnership / LLP / Proprietorship.
  • Phone number.
  • Email address.
  • Address.
  • PAN number.
  • PAN card scan copy.
  • Bank account number.
  • Account name.