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A trade licence is a certificate that guarantees the company to start a business or trade in a particular area.
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The enterprise has to abide by the rules and regulations of the issuing authority and maintain decorum in the business environment.
A trade licence prevents organisations from using unethical things that could harm the residents of any area or locality.
The enterprise has to abide by the rules and regulations of the issuing authority and maintain decorum in the business environment.
A trade license prevents organizations from using unethical things that could harm the residents of any area or locality.
In order for a business to be considered as a legal entity it needs to have a trade license.
As stated by the Municipal authority in which the business is located.
A company can operate in a commercial space without any inhibitions or fear of being shut down that allows the entrepreneurs to bring on their A game.
The firm can frame the rules and regulations, are not liable to pay taxes or penalties and operate legally.
Once the type of trade license is finalized, Form 353 is duly filled with all the required details. All the above-mentioned documents are submitted to the Municipal Ward Office.
After the application is filed, and if more information is required, authorities may demand additional details. If all the details are found to be satisfactory, the trade license is issued.
Trade License is a mandatory requirement for every business. Hence, if any business owner fails to get one before starting a business, he or she is liable to pay a fine or may face legal repercussions.
The business owners can fill up the questionnaires, provide the necessary details, submit the documents and initiate online payments through secure gateways.
A panel of advisors will walk you through the process. You must consult an assigned relationship manager to obtain a digital signature certificate.
It takes 3-4 working days to get the license.
Although licencing and trademark assignment may appear to be identical, they differ greatly. A trademark licence is a permit to utilise the brand name. Transferring or selling the trademark to others is known as assignment. There is a time limit on licencing.
Yes, a candidate for a trade licence must first obtain a fire NoC.
Without a trade licence, one could engage in commercial activity and face severe fines. As a result, it is crucial to obtain it before starting a firm.
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