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Want to start an online store what agreements do I need


22-May-2023 (In Startup Law)
hi I have doubt i am looking to start a website which local vendors are selling their products or service in my website which they already selling at offline store so what are legal documents and activities i should do between vendor and website when they adding their business to my website. e.g: a grocery store want add to my website so what are the document he should give to me to start business in my website by legal means what documents and numbers i should ask him to remove legal issues please replay me soon waiting
Answers (2)

Answer #1
747 votes
Hello,

Generally speaking, you will need:
From Vendors:
a) An agreement with the local vendors to sell/supply the products
b) KYC documents of the local vendors (to be on the safer side)

For the website:
c) Privacy policy, Terms of Use, Terms and Conditions for your website
d) Agreement with the payment gateways

The above advice is very general. The documentation may change depending on your business model. If possible, please stop by for a consultation.
Answer #2
784 votes
There are certain items which are allowed to be sold online without license and without following certain procedure. Other than those you can start your online business and act as a marketplace.

Documents required:
1) Vendors agreement. When u sign the agreement with vendors you can also take all the documents from that vendor including his license to do business and all other documents to verify his details;

Required online:
1) Terms & Conditions of Website use to be uploaded in ur website;
2) Privacy policy;
3) Disclaimer if any;
4) Return & Refund policy;

Legal structure to run business:
You can function in the following manner:
1) as partnership firm;
2) Limited Liability Partnership;
3) Proprietorship;
4) Pvt. Ltd. Company;

It is always better to seek specific legal assistance before starting any venture.

Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.

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