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What is Trade License ?

Trade license is the way to regulate specific businesses from a particular locality. It is issued by the State Government. A Trade License is a certificate/document that permits an applicant to initiate a particular business or trade in a specific location/area. However, the license does not allow the holder to any other trade or business than for it is issued. Furthermore, this license does not pass on any kind of property ownership to the holder of the license. The enterprise that obtains the license must adhere to the laid down rules and regulations of the authority. The major objective of the trade license is to reduce the people from making their residential area as their business location. The application should be filed with the designated commissioner of the authority at least 30 days before starting the business.

Procedure to Trade License
  • Select your package
  • Make Online Payment
  • Submission of Documents
  • Receive your Trade License
Documents required for Trade License*
  • Copy of Pan Card of the establishment in case of company, LLP or Firm.
  • Light Bill / Rent Agreement.
  • Certificate of Incorporation, MOA and AOA of the company or LLP/ Partnership Agreement as the case may be.
  • A letter of consent from the owner or neighbor of business property.
  • Bank account Details along with a Cancelled cheque.
  • Photograph, Pan card and ID Proof and Address Proof of all Directors/ Partners
  • No Objection Certificate (NOC) from the Commissioner of Police.
  • Site/key plan of the locality of the establishment earmarking the neighborhood of the site.
  • Front-Facia Photograph of the establishment with Display of goods traded from the premises.
Benefits of obtaining Trade License
  • It will provide legal protection, without a trade license, the business is considered illegal and may lead to a penalty based on the nature and duration of the company.
  • It protects the owners against certain types of liability
  • If a person does not get a Trade license as required under law and starts any business than a government can impose fine and penalty on such person. It can also result in the closing of such a business.
  • A Licensed business will enjoy greater goodwill and will attract the customers and investors than an unregistered entity.
  • With a trade license, a business can operate in a commercial space, without fear of being shut down.
  • When you have a business license or a trade license you will be liable to enjoy the rights of bragging about it.
  • To do ethical business, practice the person can apply for getting Trade License Registration which assures the safety measures and guidelines.
Different Categories of Trade License
  • Food establishment license : Hotels, Restaurants, Canteen, Food stall, Bakeries, the sale of vegetables and meat etc.
  • Industries license : Small, Medium and Large scale manufacturing factories
  • Shop license : a Garment shop, Salon, Beauty Parlour, Medical Store, Dry Cleaner, SPA, Gift Shop, Dangerous and Offensive trades like a sale of firewood, cracker manufacturer, candle manufacturer.
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