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?
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)
Can't you just open a current account and take payments into it? Then just show that account later when business is registered
Yes. Going with this option for now.
Paypal
Bitcoin
