TRADE LICENSE

TRADE LICENSE

A place of business within a State, Corporation or Municipality will require a trade license from the concerned State Government or Corporation or Municipality for operating. Rules and regulations pertaining to trade license varies from state to state. Hence, to obtain trade license, the applicant must first understand the jurisdiction under which he/she is operating the business and the applicable Act.

In most states, the application for grant or renewal of license will be made to a Commissioner in the Corporation. The application must be made within 30 days of starting to operate a business. On applying with the required information and documents, the concerned Officer will ensure that the business is suitable for the purpose used, there is no possibility of danger or nuisance for any person around and issue the license. Trade license would normally be issued within a period of 7-15 days on submission of application. Blue Ink Corporate Advisory Services LLP can help you obtain trade license for your business.

The Different Types of Trade License

SHOP LICENSE

This license is needed for anyone who wants to open a shop. The shop can be of any retail type.


INDUSTRIAL LICENSE

This type of license is needed for any company that wants to open an small or mid-sized industrial unit.


FOOD ESTABLISHMENT LICENSE

Any establishment that plans on getting into the food and beverage industry needs this license. The license applies to restaurants, cafes, meat shops, bakeries and vegetable shops.