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How to accept payments without a registered business

Hi viners! First time founder here, building a SaaS business. I am still validating the problem statement and haven't registered the company yet. The MVP is ready and I am reaching out to some early customers to sell the subscription. How do I accept payments within India and internationally without registering the company? One such solution I found is Razorpay payment for freelancer. Has anyone used it? Or know better solutions?

Best Payment Solutions for Freelancers, Homepreneurs, or Self Employed Professionals. It is easy to accept payments for all non-registered i...

https://razorpay.com/freelancer-individual-business/

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JadeArgent

Independent Law Practice

a year ago

I've heard of Mulya also
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Bumpy_Stock

Stealth

a year ago

Looks good will check it out
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Indusplateau

Stealth

a year ago

If you do it on your own name, you get taxed as salary incomes, you can do that without a problem. Just pay higher tax or register quickly soon and change your credentials on gateways.
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shpinq

US Based MNC, India location

a year ago

And why will it get taxed if the amount is small? (say within 4-5 lakhs a year)
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LooseGoose

Stealth

a year ago

Bitcoin
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StableHalt

Twitter

a year ago

Paypal
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Elon_Musk

X.com

a year ago

Can't you just open a current account and take payments into it? Then just show that account later when business is registered
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Bumpy_Stock

Stealth

a year ago

Yes. Going with this option for now.
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