Home / Trade License
Updated on 22-Nov-2019 07:20 AM GMT | 4 min read
MCD Trade License Registration
Trade License is a certificate issued by the municipal corporation to the applicant to start any type of trade or business in a particular area or location. It does not allow the license holder to use the same license for any other trade or business. It is governed by the respective state laws under the Municipal Corporation acts by the state government. It is made necessary to ensure that no person is carrying out any sort of unethical trade practices. Trade licenses are published by the authorized departments of the municipal corporations. Starting a business without obtaining a trade license may result in penalty or even termination of business. The license ensures that license holder is following the relevant rules, guidelines and obeying the safety measures. We can say that Trade license is similar to a driving license which requires a driver to drive a car.
The license department is the authorized administration of the municipal corporation which publishes licenses in consultation with other specialized departments. It is important for business establishments to take fundamental licenses from the License department before starting manufacturing, exchange or storage of any activity/commodity. The application should be received in Municipal Corporation before 30 days of the commencement of the business.
The main motive of issuing trade license is to control trade location by restricting the people from executing certain types of businesses from their home location. It maintains the business environment as well as local environment. Trade license can only be issued to commercial premises where the government has not banned any trade activities.
What Is Included In Our Package?
Eligibility Consultation
Document Preparation
Application Drafting
Government Fees
Benefits of Trade License
Documents Required for Trade License
Property Tax Receipt
Previous Trade License
Lease Deed/Rent Agreement
Rent Receipt
Food NOC
Fire NOC
Pollution NOC
Sarai NOC
Excise NOC
Drug NOC
Permission from RBI
Permission from IRDA
Proprietorship / Trustee
Document of Proprietorship / Document of Trust Agreement
Lease Deed / Rent Agreement
Previous Trade License
Property Tax Receipt
IT Return
Rent Receipt
Partnership Firm
Partnership Deed
Property Tax Receipt
Previous Trade License
IT Return
Lease Deed / Rent Agreement
Rent Receipt
Eligibility to Obtain a Trade License in India
Types of Trade License
Food establishment License
- It includes Licenses of food stall, canteen, restaurants, hotels, bakeries and the sale of meat & vegetables etc.Industries license
– It includes small, medium and large manufacturing factories.Shop license
– It includes Barber shop, dhobi shop, candle manufacturer, cracker manufacturer etc.
Procedure for Trade License Registration
In the first step, you have to complete the form provided by finacbooks which includes a simple questionnaire.
In the second step, you have to provide all the required information for registering trade license.
In the third step, we will create your all needed documents and fill the application on your behalf.
Lastly, We will send your license through courier and it is advised to keep copies of it.
How Finacbooks help in Trade License Registration in India?
Finacbooks is a leading Indian portal providing accounting, finance & taxation services to small businesses. We are having more than 10 years of experience in helping applicants for MCD Trade License Registration. We will guide you through the entire process of Trade License Registration in India. To avail the best deals on MCD Trade License Registration, kindly call us at 8800221252 or you can also e-mail us at info@finacbooks.com
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