TRADE LICENSE
TRADE LICENSE
Trade License registration was initially started 40 years ago in India.
A trade license is simply a license or certificate that permits the applicant (person seeking to open a business) to start a business or trade. The license is issued by the state.
The trade license allows the applicant to open a business in a specific location. The applicant must ensure that the business is conducted under the licensing requirements.
Eligibility for the trade license
The applicant should be more than 18 years old with no criminal record. The business should be lawfully permissible.
Documentation for the trade license registration–
- Property Tax Document
- Aadhaar Card
- Lease Agreement
- Pan Card
- Occupancy Documents
- Sanction Documents
- Address Proof
- Cancelled Cheque
Types of trade license-
Industries license: small, medium, and large-scale manufacturing factories
Shop license: Firewood shops, cracker manufacturer shops, candle manufacturer shops, barbershops, laundry
Food establishment license: Restaurants, hotels, food stalls, canteen, the sale of meat & vegetables, bakeries.
Benefits of trade license
The trade license creates harmony in the society that every business is following relevant rules, guidelines and It improves credibility and discourages the unethical practice.
The trade licenses are renewed from January 1st to March 31s every year in India.
Digital Signature Certificate
Let’s understand DSC
Digital Signature Certificate is a form of pen drive where you need to verify yourself in an electronic format even if you are not available for signing important documents in an online way. The website is
Advantages of DSC:
- Document authenticity
- The sender of the message is
- Message cannot be
- Versatile: as compared to the traditional
- No false
- Available only with the
- Require permission from the owner before
- Unique digital identity
- Agreements and transactions once signed on paper are electronically
- Different person different algorithm
- Trusted service provider provides
- Same value as hand signatures
- Saves time
- Better customer experience
- Legal validity which consists of PIN and
- DSC once prepared can be used for the
- Business efficiency
Documents required for class 3 DSC-
- Aadhar Card Pan Card
- Passport Size Picture
- Email I’d
- Contact Number
To Complete your DSC process you have to complete a video & OTP Verification.
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