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Elite Shopee

How To Sell

How to Sell on ELITE SHOPEE

 

How to become a ELITE SHOPEE Seller :


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

Name
Email address
Phone number
Pickup address / business address
Categories of product the business is interested in selling through ELITE SHOPEE
Business registration documents
Tax registration documents

 

Business Registration


In addition to the basic information about the seller, the following business related information and documents must be submitted to ELITE SHOPEE during the ELITE SHOPEE seller registration process. Some of the documents to be submitted will vary depending on the type of business registration, as follows:
Selling on ELITE SHOPEE as an Individual or  Sole Proprietorship

If an individual decides to sell on ELITE SHOPEE 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 ELITE SHOPEE 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 ELITE SHOPEE 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.

Selling on ELITE SHOPEE as a Private Limited Company

Becoming a ELITE SHOPEE Seller – as a Private Limited Company is one of the most preferable methods of becoming a ELITE SHPEE 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 ELITE SHOPEE as a LLP / Partnership Firm
A ELITE SHOPEE  seller can also be a Partnership Firm. However, it is preferable to register a LLP (Limited Liability Partnership) while signing on as a ELITE SHOPEE seller as it provides limited liability protection, easy transferability, separate legal entity and other documents required to quickly become a ELITE SHOPEE 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

Selling on ELITE SHOPEE as a Trust & Foundation
Trusts and Foundations can also become sellers on ELITE SHOPEE. Documents similar to the above documents must be provided in the name of the Trust or Foundation to establish the legal identity of the Trust / Foundation and the address of the Trust / Foundation.
ELITE SHOPEE Seller: Tax Registration Requirement
Once the ELITE SHOPEE 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
TIN – TIN Number is also known as VAT Number / Sales Tax Number / CST Number in the name of business
TAN – TAN is required for Tax Deduction at Source (TDS) – in the name of business
Bank account name
Bank account number
Bank IFSC code

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