Trade License

A trade license is a crucial legal document that permits individuals to operate a business in a particular area while complying with safety regulations. The license only covers the specific business activity mentioned and does not include unlicensed operations, nor does it transfer property ownership.
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Mayank Wadhera

Expert in Trade License

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Overview of Trade License

Trade license has been regulated by the Municipal Corporation Act for almost four decades now. It promotes fair trade practices and aims to protect the public from any health hazards arising from business operations. The Indian government has made it mandatory for any business or trade to operate in a specific locality, ensuring that no one engages in unethical practices.

The license fosters social harmony and requires business owners to adhere to specific guidelines, including safety measures. By obtaining a trade license, business owners are committed to conducting their operations ethically and responsibly.

Advantages of Trade License

Increase Credibility It’s a well-known fact that a trade license is compulsory for all the businesses generating revenue through their product and services. Such a license gives the customers assurance that the organization is a law-abiding entity committed to ethical business practices.
Render Better Exposure To Financial Aid Trade license can act as a substantial gateway that ensures the seamless inflow of financial aid, which, in turn, triggers the organization’s development.
Increase Goodwill In The Target Market Entities with trade license have a high chance of focusing on their core competencies, and garnering the targeted customers’ trust
Motivate Investors Authenticity and credibility is something that you can’t gain overnight. To reap such benefits, an organization has to work in the direction of the law and maintain compliances without the slightest deviation.
Discourages Unethical Practices The organization that indulges with unfair practices such as exploiting workers, avoiding tax liabilities, generating faulty invoices, and disposing of waste in water and air is more likely to get penalized by the concerned authorities.

Registration Process

Step 1: Submit Enquiry Form:
Submit the trade license form to Legal Suvidha and we’ll contact you promptly to discuss your requirements and provide advice on necessary documentation.

Step 2: Document Collection:
Our Legal Suvidha team will collect the required documents from you via mail or WhatsApp, whichever is convenient for you.

Step 3: Application Preparation:
Our expert team at Legal Suvidha will prepare the application, ensuring no objections are raised by the relevant authority.

Step 4: Application and Follow-up:
We at Legal Suvidha handle the trade license application and follow-up process, so you can focus on your customers and business growth.

Step 5: License Delivery:
Receive the soft and hard copies of your trade license from Legal Suvidha via email and at your physical address, respectively.

Required Documents

1. Application in the prescribed form

2. PAN Card along with the incorporation certificate if the applicant is any firm, LLP, or company

3. Aadhar is mandatory in the case of an individual applicant

4. Latest Municipality property tax payment receipt

5. Lease documents or consent letters from the owner of the property

6. NOC from an immediate neighbor

7. A certified layout plan of your trade building showing the business

8. Katha extracts

9. Katha Certificate

10. Sanction plan

11. Occupancy certificate

FAQ's Trade License :-

A trade licence is a certificate that authorises the applicant (the individual looking to start a business) to start a specific trade or business in a specific place. The licence, however, only permits the holder to engage in the trade or company for which it was issued. Moreover, the holder of this licence does not acquire any sort of property ownership as a result of this licence.
It is provided by the municipal corporation’s licencing division in a number of areas, including industries, engineering, health, etc. The licence is approved by the Indian government in order to enforce regulations in all of the nation’s cities. It authorises the conduct of any business or trade where it is located through letters, documents, or certificates. According to the rules and regulations of the municipal governments at the local level, licences are issued differently in each state.
1. Industries license: small, medium and large scale manufacturing factories 2. Shop license: Dangerous and Offensive trades like a sale of firewood, cracker manufacturer, candle manufacturer, barber shop, dhobi shop etc. 3. Food establishment license: Restaurants, hotels, food stall, canteen, the sale of meat & vegetables, bakeries etc.
1. The applicant must have crossed the age of 18 years 2. The applicant must not have any criminal records 3.Business must be legally permissible.

Get Started

1. Application

Fill out the application form & other details.

2. Payment

Make the payment through online mode.

3. Process

We will process your application.

4. Confirmation

A mail will be send on completion.

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In this Journey of the past 10+ years, we had gained the trust of many startups, businesses, and professionals in India and stand with a 4.9/5 rating in google reviews.

Reno K Subramaniam
Reno K Subramaniam
I have recently registered a Private Limited firm and was looking for a CA to take care of the filings, Startup India Certificate, and other formalities. I have received emails from legal Suvidha and a few others. I tried talking to them all. But, Mr. Mayank from Legal Suvidha was very impressive and was patient enough, prompt to answer all the queries. He has a very professional team and after the initial formalities, I started interacting with the team. It's not even 2 weeks but I really feel overwhelmed by their service and professionalism. I received my startup India certificate yesterday and my filings have been done promptly. The team at legal suvidha Ms. Nidhi, Ms. Priyanka, Ms. Koshika, and Ms. Saloni all show the same professionalism and are readily available to take care of the official filings and stuff. Overall a great experience till now and looking forward to a great journey!
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Team Legal Suvidha offers a brilliant service. There communication is quite clear and they execute the job meticulously. We are a startup private limited company and their advice is so critical in making my decision. Well done team. Keep it up. Prakaash Hari, Director, ipixela.
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