Trade license
Legal Darbar offers the best service in Trade license which is a legal document issued by the government that grants the permission to individuals or businesses for conducting a specific trade or business activities within a particular area that will ensures the trade complies with public health, safety, and local laws and public welfare. It is applicable for all the types of businesses. legaldarbar.com
Key Points included by legal darbar:
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- Purpose: Its main purpose is to regulate the trade activities and ensure them to do not harm the public health or safety and used to monitor businesses for compliance with environmental rules and regulations.
- Applicability: It is applicable for any business or trade activity which includes:
o Small shops and retail outlets.
o Restaurants, hotels, and food businesses.
o Industrial and manufacturing units.
o Warehouses and storage facilities. - Documents Required:
• Business address proof (e.g., rent agreement, property tax receipt)
• Proof of Owner’s ID (e.g., Aadhaar, PAN card).
• Business registration certificate (if needed).
• NOCs (No Objection Certificates) from relevant authorities. - Process of trade license:
o Submit an application form to the local municipal authority or government.
o Submitting the required documents and pay the fee.
o Authorities will do the inspection of the premises for compliance.
o And once the verification is done the trade license will be issued. - Validity: The validity of Trade licenses is only for one year and have to be renewed after every one year.
- Penalties for Non-Compliance: Operating a trade license without a valid license can result in fines and penalties or legal action can be taken on the business.
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FAQs for Trade license?
You have the option of applying in both at the municipal corporation’s office or online through their official website.
Yes, even if your business is based out of your house, you can still apply for a trade license based on the laws in your local area and legal darbar will help you in this situation.
There may be multiple types of trade licenses, such as a manufacturing license, a food license, or a general trade license, depending on the type of businesses you run.
You may need different trade licenses for each location if you run your business in multiple countries with the help of our LD assistant.
A trade license relates to your company’s compliance with local laws and regulations.
An LLP, corporation, or business owner can apply for a trade license.
A trademark is an investment made in order to maximize brand awareness and profit on branding efforts, while a trade license is required for running business.
Legal Darbar supports for making a trade license by offering end-to-end assistance with gaining permissions from the government, legal consulting, compliance advice, and documentation support.