Trade License gives you the right to operate your business in the area. Trade License is regulated by the State Government through the Municipal Corporation Act. Any trading activity as mentioned in the respective Municipal Corporation Act cannot be commenced unless a trade license is obtained from the authority.
1 year from the date of the issue (subject to renewal every year).
When to register?
Before the commencement of the activity.
Every business that carries out trade or business.
Do you have any queries?
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This information is in summary form and is therefore intended for general guidance only. It is not intended to be a substitute for detailed research or the exercise of professional judgment. Mind Sync does not accept any responsibility for loss occasioned to any person acting or refraining from action as a result of any information provided herein. On any specific matter, reference should be made to the appropriate advisor.