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/
Bumpy_Stock
Stealth
a year ago
Looks good will check it out
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.
And why will it get taxed if the amount is small? (say within 4-5 lakhs a year)
LooseGoose
Stealth
a year ago
Bitcoin
Can't you just open a current account and take payments into it? Then just show that account later when business is registered
Bumpy_Stock
Stealth
a year ago
Yes. Going with this option for now.