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Trade Licence

Are you commencing a new business and wondering what kind of paperwork you'll need? Let's begin with the Trade Licence. Our expert team at Legal 251 will help you proceed with your application and let you do your work smoothly.












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A trade licence is a document that allows an individual or a firm to conduct business or trade. When starting a business or trade in a specific municipality, it is a compulsory document to have. To oversee diverse commercial operations in the country, the government has made trade permits mandatory for people to start a firm. The procedure for obtaining a trade licence varies by state. This licence promotes societal harmony by ensuring that all businesses follow necessary regulations, norms, and safety precautions.

It should be assured that the company or trade is conducted following the Municipal Corporation's safety regulations. It protects the people within from any potential health concerns. However, the licence does not permit the holder to engage in any other trade or company. Furthermore, the holder of this licence does not become the owner of any property. It ensures that any trade nuisance adversely harms no one. Legal 251 can assist you in obtaining a trade licence in your name.







  How to apply 













  Benefits 









Easy Financial Aids

Increased Goodwill

Motivates Investors

Lesser Legal Confrontations

Discourages Unethical Practices

Intact Safety Measures


Avert Exploitation of Workers

Fairtrade practices

Protect Consumer's Interest

Aids Business Growth

Escalate Credibility





  Documents 








Sole Proprietorship / Individual

Passport size Photograph of the proprietor

Aadhar Card/Voter ID/ Passport/Pan Card/ Driving License

Self Declaration

Nature of your Business / Brand

Property Tax Receipt

Office address proof:

Own office:

Registry or Ownership Deed

Rented office:

Rental Agreement / NOC from Any Relative

HUF

Passport size Photographs of Applicant

Aadhar Card /Voter ID / Passport /Pan Card / Driving License of Karta

HUF Deed Document

Self Declaration

Nature of your Business / Brand

Property tax Receipt

Office address proof:

Own office:

Copy of registry

Rented office:

Rent agreement

Partnership deed / LLP Agreement

Passport size Photographs of Partners

Aadhar Card /Voter ID / Passport /Pan Card / Driving License of Partners

Self Declaration

Partnership Deed

Nature of your Business / Brand

Property tax Receipt

Office address proof:

Own office:

Registry or Ownership Deed in the name of Partnership firm

Rented office:

Rental agreement

Society / Trust / Club

Passport size Photographs of President or Secretary

Aadhar Card /Voter ID / Passport /Pan Card / Driving License of President or Secretary

Self Declaration

Certificate of Registration

Nature of your Business / Brand

Property tax Receipt

Office address proof:

Own office:

Copy of registry

Rented office:

Rent agreement

Private limited / Public limited / One person company

Passport size Photographs of Directors

Aadhar Card /Voter ID / Passport /Pan Card / Driving License of Directors

Self Declaration

Certificate of Incorporation

MOA

AOA

Nature of your Business / Brand

Property tax Receipt

Office address proof:

Own office:

Registry or Ownership Deed of Company

Rented office:

Rental agreement

Don't have all these documents?
We will help you in preparing these documents


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*Other documents might be required additionally by the department





  Registration Process 









Our team will analyze the documents you've submitted to avoid any discrepancy, looking for any misleading or incorrect information.

Our best professionals are here to help you with document and licensing requirements as required by the state or central department.

The relevant expert will review your documents to apply for your trade licence.

If the application is approved, your business or trade will be registered with the municipality or municipal corporation.

It's recommended to wait until one of our experts contacts you to let you know your licence has been issued.





  FAQs 









FREQUENTLY ASKED QUESTIONS





It is essential for every business that carries out a trade to have a Trade Licence. You can use the Legal251 app or web to get this registration done at the local municipality quickly.
1.When a person or a company starts a new business, they must register it with the local government.
2.A trade licence is a permit that allows you to open a business. Municipal statutes regulate the issuing of trade permits by the state government.
3.To obtain the licence, the company must follow the norms and regulations of the state's corporation and safety authorities.
4.A trade licence does not entitle the holder to any property owner.
From the time you apply, Legal 251 will assist you in obtaining your trade licence in 5-10 working days.
Yes, the government has made renewing this licence a necessity every year. Failure to submit the renewal may result in a penalty or fine.
Yes, regardless of what area of the business you're in, you'll need a Trade Licence. This licence is required for every business that trades goods or services for money, and a Food Establishment licence is necessary for a restaurant.
It is possible to apply for it 30 days before starting your business.
If you are denied a Trade License for whatever reason, you can file a petition with the Standing Committee. Also, you have to submit a copy of your rejected application.
1. Small, medium, and large-scale manufacturing factories require an industry licence.
2. Shop licence: Dangerous and offensive trades such as firewood sales, cracker and candle manufacturing, barber and dhobi shops, and so on.
3. Restaurants, hotels, food stalls, canteens, meat and vegetable sales, bakeries, and other food establishments require a food establishment licence.
1. The applicant must be at least 18 years old.
2. There must be no criminal records on the applicant.
3. The operation of a business must be legal.
In India, trade licences are renewed from January 1 to March 31. The renewal application must be submitted within thirty days of the license's expiration date. The following are the documents that must be supplied to renew your licence: A copy of the trade licence; challans from the previous year; and a receipt for current property taxes paid.


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