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HomeStart a Retail Business

Turn your retail business ideas into reality

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Get your Retail Business off the Ground with Zolvit Today!

Here’s How It Works

Start your own Business in India. Become a Retail Entrepreneur with Zolvit!

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Excellent service and support. Vakil Search Team is very supportive and professional. I Really appreciate the service and support from the team.

Rachna Pathania

Founder & CEO of SchnellTek Software Pvt. Ltd.

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Vakilsearch has been our legal service provider for quite a long time! Our experience with them has been great, especially the speed and proficiency with which they deliver their services. We recommend them!

Satya Vasireddy & Sravani Vasireddy

Founders of Lovely Chocos

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Vakilsearch is exactly what it does. Legal is simple. We went to Vakilsearch to register our Trademark during the lockdown and everything was done online with ease. We never even had to step out of the house. It was truly a digital experience.

Adarsh Agarwal

CEO & Developer of Golghar.com

Here’s What You’ll Need

Zolvit is a platform for aspiring entrepreneurs to start their own retail businesses.

  • Identification card (PAN, Aadhaar)

  • Certificate of incorporation

  • Business license

  • Business plan

  • Insurance policy

  • Poultry farm business permit

  • Tax ID.

    Why Should I Use Zolvit to Start a Retail business?

    • We Register a New Company Every 9 Minutes

      New Company

      We Register a New Company Every 9 Minutes

    • Businesses Served by Zolvit

      50,000+

      Businesses Served by Zolvit

    • All Financial Services in One Place

      Financial Services

      All Financial Services in One Place

    • Quick & Affordable

    • 100% satisfaction guaranteed

      Satisfaction

      100% satisfaction guaranteed

    Are you ready to start your own retail business? Find out more at Zolvit

    Did you know

    Did you know?

    Globally, India is the fifth largest and most preferred retail destination. Retail store availability per capita in the country is among the highest in the world.

      To accelerate store expansion and e-commerce, Reliance will invest ₹30,000 crore in retail in FY22.

      FAQ's

      How does the retail industry work?

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      What is the merchandise?

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      What is a five-finger employee discount?

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      How do I start a retail business?

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      Is Retail Business Profitable?

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      What licenses are needed to start a retail business in India?

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      Overview of Retail Business

      Almost 23% of India's GDP comes from the wholesale and retail industry, which purchases finished goods from manufacturers and sells them to retail customers. Between March and April 2020, the Indian retail sector received UDS 2.12 billion in Foreign Direct Investment (FDI) from the Department of Promotion of Industry and Internal Trade (DPIIT). The Indian retail market has undergone significant transformation over the past ten years, according to the 'India-The Top Retail Destination' report published by Invest India, a National Investment Promotion and Facilitation Agency. Thus, the overall retail market is expected to exceed USD 1.75 trillion by the end of 2026 from USD 795 billion in 2017.

        Benefits of Retail Business

        No doubt, starting a retail business in India can benefit business owners due to the enormous market share and size of the Indian retail sector. The advantages of starting a retail business in India include:

          Direct Connection With Customers

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          Expansion of Customer Base

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          Variety of Products

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          Reduced Input Cost

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          Speedy Growth

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          Manufacturing Own Goods

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          Retailers Affect Industry Competition

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          Checklist

          • GST registration
          • Shop and establishment Act license

          Process to Start a Retail Business

          • Step 1: Incorporate as Private Limited Company

            As retail business services have a higher annual turnover than service-based businesses, it is recommended that you incorporate as a Private Limited Company.

          • Step 2: Market Research

            Research the market thoroughly before starting a retail business in your area to determine which retail business ideas have the best chance of success.

          • Step 3: Register Your Business

            As soon as you have chosen an appropriate retail business idea, you should register your retail business with Zolvit as a legal business entity.

          • Step 4: Easier Growth

            Growth and scale-up will be much easier with an Ltd Company.

          • Step 5: Better Credit Facilities

            Besides improved scalability and transferability, credit facilities are also easier to obtain for Private Limited companies.

          • Step 6: Register With Tax Authorities

            Ensure you register your retail business service with the appropriate tax authority once incorporated.

          • Step 7: Apply for GST Registration

            You will need a GST registration if your retail business involves buying and selling goods.

          • Step 8: Obtain Shop and Establishment License

            Also, you will need a Shop and Establishment Act License from their respective state governments.

          • Step 9: Build a Website

            By building a website and taking your retail business online. Completing all the above allows you to run your retail business successfully with no glitches.

          Why Choose Zolvit?

          Zolvit has experienced attorneys and associates who will assist you with the registration process and the management and financial aspects of your business. In addition, we have a chartered accountant and a company secretary on staff. You will receive a complete package from us. With Zolvit, you will have a hassle-free experience and be guided every step of the way.