Trade license registration online is also referred to as Shop and Establishments Act license. Every business organization needs a trade license from regulators, be it the municipal corporation or the state government. Trade License is a document that gives permission and certifies you to carry on a particular trade or business for which it is issued. It does not give ownership of property or permission for any other activity other than for which it is issued. The municipal corporation authorizes license department and allots licenses in consultation with other specific consultative departments like Health, Engineering, Estate and others of the same type.
Trade License
Fill the appropriate form as prescribed by the municipality to obtain trade license registration in Chennai.
Authority
Submit the duly filled form along with required documents to the municipal authority.
Verification
Concerned officer shall grant trade license to theapplicant after due verification of the documents and the form submitted.
- Lease documents/agreement in case of premises are on lease
- Occupancy Certificate
- ID Proof
- Cancelled Cheque, Certificate of Incorporation
- PAN of Entity
- Address proof
- Increase Credibility
- Render better exposure to financial aid
- Increase Goodwill in the target market
- Motivate investors
- Ensure fewer confrontation with legal affairs
- Ensure better sanitation within the organization
- Discourages unethical practices
Furthermore, this license does not pass on any sort of property ownership to the holder of the license.
We’re here to help answer your questions. Financial matters can be complicated, our experts are on hand to help inform you of every aspect regarding your topic.