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.