Basically these days most of the ecommerce startups is confused about the legal documents which is needed by the payment gateway. every one want to integrated a payment gateway on their portal so every payment gateway company have their own policy but there are some common documents which is required. so lets talk about ” Documents Required for Payment Gateway India ”

So Basically Documents is Required for payment gateway in India depends upon type of business formations as legal.

so there are 5 type of business formation in India mostly –

  • Proprietorship Firm
  • Partnership Firm
  • Pvt ltd company
  • one person company
  • LLP

So First of all we explain a common documents which is required for any type of business formation :-

1 Photo Proof
(Signing Authority)
  • Pan card copy
  • Passport Copy OR Driving License Copy OR Election card (Self attested required sign & company stamp on it)
2 Office Address Proof
  • Own Property – Electricity bill
  • Rent Property – Rent Agreement copy & Electricity bill
  • Bank Account : Statement OR Passbook
3 Additional Documents :
  • Individual  (No additional documents required)
  • Sole Proprietor
  • Partnership / LLP Firm
  • Private Limited
4 Cancelled Cheque For the bank account into which you will be receiving payments.
5 Financial Proof Current Account statements for last 12 months with Bank seal and Bank Logo. OR Audited Balance Sheet with P & L Account statements for last 2 years.

Source : CC Avenue

Now lets talk about according to type of business formation –

Sole Proprietorship Firm
Any 1 documents:
a Registration certificate (in the case of a registered concern)
b Certificate/license issued by the Municipal authorities under Shop & Establishment Act
c Sales and income tax returns
d CST/VAT certificate
e Certificate/registration document issued by Sales Tax/Service Tax/Professional Tax authorities.

Must Read :  How to Register Proprietorship Firm in India

Partnership Firm or LLP
a Certificate of registration (for registered partnership firms only)
b Copy of partnership deed
c Copy of Pan Card of Partnership Firm
d Board resolution applicable in case of LLP only (on letter head of LLP) a resolution passed in favor of authorized signatory. Note: Date should be in printed format & also the date should be less than 60 days.

Must Read : How to Register Partnership Firm in India

How to Register LLP in India

Private Limited Company
a Memorandum / Articles of Association and Certificate of Incorporation. (1st and Last 3 Pages)
b List of Directors details from MCA Website.
c Company Pan Card.
d Board Resolution

Must Read : How to Register Private Limited Company in India

Source : CC Avenue Compliance.

So Hope this is helpful for you. if you need any type of above legal documents now you can prepared Online with MyOnlineCA or if you have any query then you can place a request.

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