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Trade License

Are you planning to start a new business and thinking about all the essential documentation you will need? Trade License, one of the important documents to start a business or a trade in a particular municipal limit.

A trade license is a document/certificate that gives permission to the applicant (person seeking to open a business) to commence a particular trade or business in a particular area/location.

It ensured that the business or trade is carried by adhering to all the standards of safety as issued by State Municipal Corporation . It protects the residents from being affected by any health hazards.

However, the license does not allow the holder to carry out any other trade or business than for it is issued. Furthermore, this license does not pass on any kind of property ownership to the holder of the license.

Eligibility for applying for Trade license

The eligibility conditions for applying trade license are as follows:

  • The applicant should be more than 18 years old
  • The applicant should not have any criminal records
  • The business should be legally permissible

Documents required for applying for Trade license

Documentation required for application of the trade license are as follows:

  • Address proof of the business
  • ID proof of the applicant
  • Aadhaar card
  • PAN of the individual in case of proprietorship, else PAN of the firm of company
  • Memorandum of Association (MOA) in case of Companies
  • Certification of incorporating in case of Companies
  • A latest municipal property tax receipt in case the premises are owned, else lease document or consent letter of the owner of the property where the business is registered.
  • NOC of the neighbours (nearby property owners)
  • Certified layout plan of the office