Trade License in India
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Trade License is issued by a municipality granting permission to carry on a particular business at a specific address/location. It ensures that the citizens are not adversely affected by health hazards and nuisance by the improper carrying of trade.
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Trade License Registration
Trade License is a license or permission issued by municipal corporation granting permission to carry on a particular business at a particular address. It ensures that the citizens are not adversely affected by health hazard and nuisance by the improper carrying of trade.
Trade license is the way to regulate specific business from a particular locality. It is regulated to ensure that the citizen is not adversely affected by Health Hazard & Nuisance by the improper carrying of a trade. The trade license is a means to ensure that the manner and locality in which the business is being carried on is according to the relevant rules, standards and safety guidelines. The provision of trade license is laid down by the State government to monitor and regulate the trade within a city. It is issued by the municipal corporation of the place where business is located.
A trade license is a permission to carry on a specific trade or business at the premises for which it has been issued. Any unauthorised running of trade is an offence which may result in a substantial penalty and subsequent prosecution. The business owners must apply for trade license if required in particular area without any delay. An application must be made before the commencement of the activity. However, some state governments allow 15-3 months time to seek a trade license. Licence once issued requires periodical renewal on annual basis. Application for renewal must be filed at least 30 days before expiry of licence. The process of Trade license registration is often a time consuming and expensive process.
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STEP 1 – Why Trade License?To safeguard the public at large against the health hazard and nuisance which a trader / business may cause. Trade license is a method to regulate the trade and to ensure compliance with rule and safety guidelines issued by government.
STEP 2 – Licensing Authority for Trade LicenseTrade License(s) are issued by the authorised department of a municipal corporation in consultation with other specialised departments like fire brigade, health, engineering department having jurisdiction over the business.
STEP 3 – Commercial PremisesTrade License can be availed only if the business is run in the Permitted area. I.e. a Commercial, Local commercial, Notified Commercial, Mixed Land Use or Residential area with small shops of maximum 20 sq.m. on ground floor only.
STEP 4 – Who Need Trade License?Every trader engaged in a general trading activity within the territorial limits of any municipal corporation is required to obtain a trade license. The class of trade license differs from state to state and is based on the nature of the business.
STEP 5 – Objective of Trade LicenseThe objective of Trade License is control business locations by way of putting constraints on people from running certain types of businesses from their home to maintains the separate business environment and preserves locality environment.
STEP 6 – State Wise Application of TLWhile some state has made it mandatory to obtain a trade license, but in some states it is optional. The kind of license and license fee also differs from state to state. Some states charge a monthly fee while others charge a % of the turnover.
|S.No||Documents Required For Trade License|
Pan Card of the establishment in case of company, LLP or Firm.
Canceled Cheque and bank statement of the establishment.
Certificate of Incorporation, MOA and AOA of the company or LLP/ Partnership Agreement as the case may be.
Premises Proof of the establishment in the form of Sale Deed, Electricity Bill/water bill and NOC from owner.
Colour Photograph, Pan card and ID Proof and Address Proof of all Directors/ Partners.
Front-Facia Photograph of the establishment with Display of goods traded from the premises.
Site/Key Plan Showing the area under the occupation of the applicant earmarking the neighbourhood of the site.
We Provide Trade Licensing Services Across India
Andaman & Nicobar Islands
Dadra and Nagar Haveli
Daman and Diu
Jammu and Kashmir
07:29 28 Oct 22
Registration no more a tedious task with setindibiz.All process are simplified.Just sign some documents and get you establishment registered.
05:23 30 Sep 22
A good platform for small businesses. They have professional team which helps since inception to all the tax compliance.
13:48 12 Aug 22
Absolutely great service, professional is all aspects, good guidance and follow up, helped me get my startup recognition in no time. Totally recommend their services.
08:54 12 Jul 22
Applied for startup recognition certificate, work done in scheduled time with good coordination of teamThank u
12:59 24 Mar 22
Shubendu was good, in explaining what would work well for us in terms of company registration and overall process was smooth.Giving 4 star as i had to followup on a couple of occasions , otherwise all good.
11:47 15 Mar 22
I'm very happy to apply my Company Registration with Setindiabiz.Below are the reasons:Very ProfessionalEverything was done as per committedYou get every help when you need.All the coordinator was very proactiveAll my appreciation and a big thank you to the team from Setindiabiz.
02:08 05 Mar 22
I have interacted with Mr. Sushant on our day-to-day work with SETINDIABIZ and he is amazing gentleman. Quick response and soft spoken are his great strengths. I enjoy interacting with him.
11:04 02 Mar 22
I am happy with flawless work. ease of accomplishing . In time delivery. I am still IN for their services.
07:04 26 Feb 22
Timely Service and reminders provided along with proactive assistance in all matters of financial accounting.
02:04 25 Feb 22
Extremely responsive great team. I had a wonderful experience. The team kept me updated of every action and executed the task expeditiously. I wish Ms Misba from SetIndiaBiz and her team all the very best in every future endeavours of theirs.
10:54 23 Feb 22
Great services for filing for income tax, GST registration and company registration. Have been using their services for the last 5 years. No need to visit any of their offices as everything happens on the phone and online.