Trade License

Trade licenses have been adopted in the country over the previous forty years and are regulated by state governments through municipal corporation statutes.

This helps to ensure that no one is affected in multiple ways by the nuisance and health hazards of any trade or business.

The government has made it mandatory to conduct any certain business or trade in a specific location and to ensure that no one is engaging in unethical business activities.

This license promotes social harmony by ensuring that all businesses follow necessary regulations, guidelines, and safety precautions. This license was made mandatory in order for the government to be able to regulate various commerce activities in the country.

01 / ELIGIBILITY

Eligibility to apply for a business license

The following are the eligibility requirements for applying for a trade license:

  • The applicant must be at least 18 years old.
  • The applicant should have no criminal history.
  • The venture must be legally permissible.
02 / AUTHORITY

Who issues the Trade License?

The trade license is issued by the municipal corporations’ various departments such as industries, engineering, health, and so on.

The permits are authorized by the Indian government in order to regulate in cities around the country. The laws and regulations of local government entities (Municipals) control license issuance in each state.

03 / DOCUMENTATION

Documents needed to apply for a trade license

The following documents are necessary for the trade license application:

01Proof of business address
02The applicant’s identification.
03The Aadhaar card.
04In the case of a sole proprietorship, the PAN of the individual; otherwise, the PAN of the firm or company.
05In the case of a corporation, the Memorandum of Association (MOA).
06In the case of corporations, certification of incorporation is required.
07If the premises are owned, the most recent municipal property tax receipt; otherwise, a lease contract or consent letter from the owner of the property where the business is registered.
08The neighbors’ NOC (nearby property owners).
09The office layout plan has been certified.
04 / G&CC SUPPORT

G&CC’s Role in issuing Trade License

Dealing with registration legalities can be perplexing and overwhelming for any application. Our professionals can assist you in mitigating those conditions by providing unparalleled assistance. By offering end-to-end support to our respected clients across India, we are playing a critical role in improving the licensing industry.

  • We file the Trade License application form on your behalf.
  • We monitor and track the status of the application on behalf of the client.
  • We value your time and money.

Our Simplified Solutions for Diversified Compliances

01PF & ESIC Compliance Services
02Shop & Establishment Compliances
03Payroll Processing Services
04Labour Laws Licencing Services
05Factory Act Compliances
06Factory Building Plan/Licence Approval
07Exemption Permission under Labour Laws
08Vendor Compliance Management
09Handling Departmental Inspections
10Liaising with Authorities
11Labour Laws Compliances
12Notice Board Compliances

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Frequently asked questions

Trade license refers to a document authorized by a local municipal authority allowing an entity to perform commercial activities within a particular area.

Different municipalities define trade licenses for businesses as a compulsion, but requirements for businesses vary from case to case and by state and city.

There is a prescribed way for trade license applications through the local Municipal Corporation, and requires payment of a fee, along with a number of supporting documents. G&CC supports trade license applications across the nation.

For registration, proof of business identification and proof of address are a couple of requirements, as are proof of incorporation of the business, a copy of the lease agreement, or the property deed, among others. Depending on the nature of your business and location, a no objection certificate may also be required.

Depending on the complexity of your business and the documents required, along with an onsite audit, getting a license can take between a couple of days to a couple of weeks. G&CC aids with all of these steps for your trade license registration application.

Local laws decide the period of validity of the trade license. Business should comply with renewal procedures as stipulated in the rules to ensure business continuation.

Online services have made renewal of trade licenses easy. Most Municipal Corporations allow this, and we can assist your business to prepare the renewal applications and supporting documents.

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