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Trade License

A business license is a document or certificate that allows an applicant to start a particular trade or business in a specific area or location. The trade license holders cannot use it for any other work or business.

Trade License Registration

A business within a state, corporation, or municipality to commence with any business in a particular area or place would require business license registration from the concerned central or state government. To obtain registration, the applicant must first understand the jurisdiction under which they are conducting business and the applicable Act.

The business registration application must be made within 30 days of commencement of business. A trade license is usually issued within 7-15 days of submission of the application. In the case of most states, an application for the grant or renewal of a license shall be made to the Commissioner in the Corporation.

Trade License

 

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