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.

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.

Documents needed to apply for a trade license

The following documents are necessary for the trade license application:

• Proof of business address
• The applicant’s identification.
• The Aadhaar card.
• In the case of a sole proprietorship, the PAN of the individual; otherwise, the PAN of the firm or company.
• In the case of a corporation, the Memorandum of Association (MOA).
• In the case of corporations, certification of incorporation is required.
• If 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.
• The neighbors’ NOC (nearby property owners).
• The office layout plan has been certified.

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.

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.