Account Activation Checklist
Find the checklist to create a Cashfree Payments account. The checklist includes information and documents for each business type below. Have this information handy to create an account with us quickly.
Public/Private Limited
| Public Limited | Private Limited |
|---|---|
| A public limited company, also known as PLC, is a business structure that incorporates a large or publicly traded company. It is a legal entity separated from its owners and owned by several shareholders who hold shares of stock in the company. | A private limited company, also known as a limited liability company or LLC, is a business structure that incorporates a small or medium-sized business. It is a legal entity separated from its owners and owned by a few private shareholders. |
- Business PAN(COMPANY)
- PAN of the business owner
- CIN
- GSTIN(if registered)
- Bank account details or cancelled cheque
- Aadhaar of the business owner or other government ID proof
- Signed Declaration of Beneficial Ownership
- Line of business(LOB) specific documents
Limited Liability Partnership(LLP)
LLP is a type of business structure that combines elements of partnerships and corporations. They enable the protection of a corporation and allow the flexibility of a partnership.
- Business PAN (FIRM)
- PAN of the business owner
- LLPIN
- GSTIN (if registered)
- Bank account details or cancelled cheque
- Aadhaar of the business owner or other government ID proof
- Signed Declaration of Beneficial Ownership
- Line of business (LOB) specific documents
Partnership
Partnership is a business type when two or more people own the business and share profits and losses.
- Business PAN (FIRM)
- PAN of the business owner
- GSTIN (if registered)
- Bank account details or cancelled cheque
- Business registration proof
- Partnership Deed
- Registration Certificate from Registrar of Firms
- Signed Declaration of Beneficial Ownership
- Aadhaar of the business owner or other government ID proof
- Line of business (LOB) specific documents
Society/Trust/NGO
| Society | Trust | NGO |
|---|---|---|
| A society is a group of people who come together for a common purpose, such as a social, cultural, or charitable cause. They are often registered with the government and may have legal status as nonprofit organisations. | A trust is a legal arrangement in which one or more trustees manage assets on behalf of one or more beneficiaries. Trusts manage property assets, protect finances, serve as a charitable organisation, and perform estate planning. | NGO stands for Non-Governmental Organisation. They are a nonprofit organisation independent of government and focused on social or environmental causes. Often registered as charities or other nonprofit organisations, they may receive funds from governments, foundations, and individual donors. |
- PAN (TRUST)
- PAN of the business owner
- GSTIN (if registered)
- Bank account details or cancelled cheque
- Aadhaar of the business owner or other government ID proof
- Signed Declaration of Beneficial Ownership
- Business registration proof
- Trust Deed /Society/NGO Registration Certificate
- Line of business (LOB) specific documents
Updated 11 months ago