Trade License | Trade License registration-BTHAWK

Trade License

 

Trade License registration was initially started 40 years ago in India.

A trade license is simply a license or certificate that permits the applicant (person seeking to open a business) to start a business or trade. The license is issued by the state government under the Municipal Act.

The trade license allows the applicant to open a business in a specific location. The applicant must ensure that the business is conducted under the licensing requirements.

Eligibility for the trade license-

  • The applicant should be more than 18 years old with no criminal record.
  • The business should be lawfully permissible.

Documentation for the trade license registration-

  • Property Tax Document
  • Aadhaar Card
  • Lease Agreement
  • Pan Card
  • Occupancy Documents
  • Sanction Documents
  • Address Proof
  • Cancelled Cheque

Types of trade license-

  • Industries license: small, medium, and large-scale manufacturing factories
  • Shop license: Firewood shops, cracker manufacturer shops, candle manufacturer shops, barbershops, laundry shops
  • Food establishment license: Restaurants, hotels, food stalls, canteen, the sale of meat & vegetables, bakeries.

Benefits of trade license-

  • The trade license creates harmony in the society that every business is following relevant rules, guidelines and obeying the safety measures. 
  • It improves credibility and discourages the unethical practice.

The trade licenses are renewed from January 1st to March 31s every year in India. 

Trade license registration is only for those industries or manufacturers who are starting a new business. If you are looking to start a business or planning for a start-up, get the service from BTHAWK

BTHAWK at ZUCOL Group is very significant for business growth. It creates feasible solution for audit ITR, GST Registration, GST Return File, Digital Signature Certificate (D SC), PAN Registration, Trademark Registration, MSME Registration, UDHYOG Aadhar Registration and Company Registration.

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