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Trade License Registration

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Our Experts will handle your Trade license registration process. We file the application, form 353 and other documentations on your behalf


Here’s How It Works

Trade License registration online has never been this easier. Get in touch with our experts from FinnacBiz to complete the whole process in four steps

Here’s What You’ll Need

Documents Required For Trade License Registration :

  • The initial business permit

  • All tax receipts that reflect the payments are current

  • Corresponding challans and all the details regarding outstanding amount

Documents Required for Private Limited Companies

  • Memorandum of Association (MoA)

  • Article of Association (AoA)

  • Certification of trade license

  • Income tax returns

  • NOC from fire department

  • Receipts for rent deposit

  • Rent agreement

  • Lease deed

  • Property tax bills

  • Trade license

  • RBI permission

  • IRDA permission

  • Pollution NOC

  • Food NOC

  • Drug NOC

Documents Required For Proprietorship Companies

  • Rent receipt

  • Previous trade license

  • Rental agreement

  • Proprietorship document

  • Company incorporation certificate

  • Trust agreement document

  • Income tax returns

  • Property tax documents

Documents Required for Partnership Companies

  • Partnership deed online

  • Income tax return

  • Property tax receipt

  • Rental agreement

  • Previous trade license

  • Lease deed

    FinnacBiz has a team of expert attorneys who can complete the trade license process with just a few clicks.

    FAQ's

    To get a trade license in Chennai, you can follow these steps:
    1. Get in touch with our FinnacBiz expert
    2. Submit the documents as per the requirements
    3. We will file on your behalf and get the process done
    4. Get your trade license delivered after the approval!

    Your application will be reviewed by the Greater Chennai Corporation and you will be issued a trade license if your application is approved.

    To renew your trade license online in Chennai, you can follow these steps:
    1. Get in touch with our FinnacBiz expert
    2. Submit the details and documents for renewal
    3. Our experts will file on your behalf the application
    4. Your application will be renewed successfully!

    Your renewed trade license will be issued electronically and you will be able to download it from the Greater Chennai Corporation website.

    The cost of getting a trade license in India varies depending on the state and the type of business. Get in touch with our experts to know more.

    Yes, a trade license is mandatory in Chennai for all businesses that have an annual turnover of ₹1 lakh or more.

    To apply for an online trade license in Chennai, you must meet the following eligibility criteria:
    • You must be a resident of Chennai.
    • You must be at least 18 years old.
    • You must have a valid PAN card and Aadhaar card.
    • Your business must have an annual turnover of ₹1 lakh or more.

    If you meet all of the above eligibility criteria, you can apply for an online trade license on the Greater Chennai Corporation website.

    A trade number often refers to a unique identification code or number that is issued by government authorities when a trade license is granted. It helps in tracking and regulating businesses.

    A trade license is a legal permit. Its purpose is to ensure that a business follows the rules, guidelines, and safety norms set by the local municipality. This promotes ethical and safe trade practices.

    Not securing a trade license can lead to penalties. These can range from fines to even shutting down the business. It's considered illegal to operate without a license where one is required.

    Any person intending to start a business is eligible. They should be above 18 years of age and hold no criminal record. They must comply with all the rules and regulations of the licensing authority.

    A trade license typically lasts for one year. It must be renewed annually. However, the validity period may vary depending on local laws and the type of license.

    If your trade license application in India gets rejected, you can challenge it before the Standing Committee. Not following trade license rules can lead to penalties, and the government may even shut down your business. To avoid trouble, contact FinnacBiz.

    The trade license renewal period varies from state to state in India, but generally, it needs to be renewed annually.

    Any business or individual engaging in a commercial activity within a municipal corporation's jurisdiction in India is required to obtain a trade license. This includes small shops, food establishments, factories, and more.

    It is preferable to begin the renewal procedure one month before the current trade license's expiration date. From state to state, the renewal period could be different.

    Yes, a valid trade license is one of the essential documents required for GST registration. The license acts as proof that the business is authorised to operate in a particular area.

    The term ‘KMC trade license’ refers to the business licences that the Kolkata Municipal Corporation (KMC) grants to entities that fall within its purview. It is a prerequisite for any business activity carried out in the KMC region.

    Similar to a shop and establishment licence, the local municipal authority grants the business operator a permit so they can operate in the neighbourhood. If you want to start a business in Bangalore, you must first obtain the BBMP Trade License from Bruhat Bengaluru Mahanagara Palike (BBMP).

    It's not mandatory per say but it's an added benefit as it acts as a Proof of existence of entity

    • Fill out the application by logging into the municipal corporation's web portal
    • Your application will be forwarded to the relevant division's SI (Sanitary Inspector). About the specifics of the inspection, you will receive an SMS and email
    • The inspector will visit the location on the specified day and write a report of their findings. According to factors such as rent, production output, square footage, and more, this will determine the charge you must pay
    • The concerned municipal health officer and sanitary officer will receive this report in the future
    • The commissioner will provide his permission if they find the file to be in order
    • The applicant can use the trade licence number to directly download the certificate after making the necessary payment.

    Unique Property Identification Code (UPIC), a 15 digit alphanumeric code representing the trade license number

    The status can be checked online on the appropriate website of the state government

    Trade licenses are issued 7–12 days after the application is submitted. Applications must be submitted to the commissioner not later than 90 days before the location is used for that purpose, not later than 30 days before it is used by a municipality, and not later than 45 days before it is used by a corporation.

    The majority of licence renewals occur between January 1 and 31 March 2023. The licence renewal application must be submitted at least 30 days after the old license expires.

    You must provide justification for why this is required and pay any related fines or penalties.

    If the license holder is disturbing the neighbourhood or the environment or breaking the terms of the license.