A few essential steps needs to be taken when setting up a business in India, one of which is
obtaining a trade license. At Services Plus, we can help all business owners start working
lawfully and smartly right at the start and even work out trade license registration in India
accurately and without any kind of annoyance.
What Is A Trade license?
Trade license is a document, granted by the local municipal authority, which allows the
individuals or entities to engage in certain types of business activities in a specific area. It
helps in making sure the business meets local safety, hygiene, and ethical practice laws and
regulations.
Trade License in India is a Mandatory Requirement before starting any Trade, Business or
Service Activity. Not securing one, can result in being taken to court, incurring a penalty or
even shutting down your business.
Importance Of Trade License Registration In India:
- Legal Authorization: Makes sure the business stays lawful.
- No Penalties: Heavy penalties or business rights cancellation for non-compliance.
- Enhances Credibility: Customers and vendors view a registered business as reliable.
Complies with Municipal Regulations: Ensure that your waste disposal methods are in compliance with health, safety and trade regulations in your locality.
Who Needs A Trade License?
A trade license is needed in India for following businesses:
- Restaurants and hotels
- Manufacturing units
- Shops and retail businesses
- Warehousing and logistics
- Financial services
- Transactions of trade (goods and commodities)
Documents Required For Trade License Registration
- Aadhaar, PAN or any other identification proof
- Mock screenshot of page with address proof of the business (electricity bill/rent
agreement).
- Business registration certificate
- Tax receipt (if applicable)
- No Objection Certificate (NOC) from the property owner (for rented premises)
- Business premises layout plan
- Passport-size photographs
Online Trade License Registration: A Simple Guide
1. Our initial step to Trade License Registration Online is to gather your documents at
Services Plus.
2. Application Submission: We collect your basic business information and apply with
your local Municipal Corporation or urban local body.
3. Document Verification: All documents provided are verified by our experts to make
sure that they are correct and meet regulatory standards.
4. Fee Payment: You pay the government fee for that, which varies by state and type of
business activity.
5. Inspection (if applicable): Certain municipalities may call for physical inspections
prior to license approval.
6. License Approval & Issuance: After verification and approval of the application, the
trade license certificate will be issued within a period of 7–15 working days.
Why Our Trade License Services Are Right For Your Company
- Professional Advice: Step-by-step assistance by our legal experts
- Quick Process: Registration is done quickly without any time wastage.
- Complete Service: We take care of everything, from preparing documents to
delivering the final license.
- Archiving on the web: Our website helps you with quickness on monitor your Trade License Registration Online.
- Reasonable Pricing: No hidden charges & transparent pricing plans.
Renewal Of Trade License In India
Typically, a trade license is issued for one year and must be renewed every year. You have to apply for renewal at least 30 days before expiry. Failure to renew can result in penalties or the license being cancelled.
Services Plus also provides renewal services to renew existing licenses and remain compliant with local laws.
Trade License Requirements According To Each State
As the registration for trade license falls under the preview of the respective local municipal body of the state, the process, documentation, and the fees structure may vary from state to state. For instance:
- In Maharashtra: Run by the Municipal Corporation of Greater Mumbai (MCGM).
- In Delhi: The Municipal Corporation of Delhi (MCD) controls.
- In Karnataka: Bruhat Bengaluru Mahanagara Palike (BBMP) is in charge.
We have an extensive experience of dealing with applications in multiple jurisdictions in India.
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