Trade License

Price : INR 4999+Govt fees

Request a call back

What is Trade License?

  • A trade license is a certificate that gives the permission to the applicant (person seeking to open a business) to commence a particular trade or business in a particular area/location. However, the license does not allow the holder to any other trade or business than for it is issued.

    The trade  license does not pass on any kind of property ownership to the holder of the license.

  • Different categories of trade license

    • Industries license: small, medium and large scale manufacturing factories
    • Shop license: Dangerous and Offensive trades like a sale of firewood, cracker manufacturer, candle manufacturer, barber shop, dhobi shop etc.
    • Food establishment license: Restaurants, hotels, food stall, canteen, the sale of meat & vegetables, bakeries etc.

  • Eligibility for a Trade license

    a. The applicant must have crossed the age of 18 years

    b. The applicant must not have any criminal records

    c. Business must be legally permissible.

    Processing Time

    It takes 7-10 working days time to process the application of Trade license in metro cities. However, in other small cities and rural areas, it takes longer.

    Features of Trade license

    It is required by the existing entity to carry the business activity.

    The applicant must have attained 18 yrs of age and should have no criminal record. The business must have the object to carry that activity for which the trade license is acquired.

    Different Types of Trade License

    Food Establishment License- Hotels, Canteens , Food Stall seller, Grocery shops

    Industrial License- Factories, Power Looms, Flour MIlls, Other manufacturing units

    Shop License- Barber shops, Dry Cleaners shops, Crackers and candle shops, Building Material shops

    Documents required for Trade License

    • Address Proof
    • Identity Proof
    • Affidavit
    • Certificate of Incorporation, AOA and MOA of the company
    • Cancelled Cheque and Bank Statement
    • Inome Tax return and Property Tax Receipt
    • Documentary proof of establishment of trade
    • Legal Occupancy document proof of the establishment or unit or allotment letter provided by the government agency
    • Lease Deed of the premises
    • No Objection Certificate/ NOC from the land-owning agency
    • Documentary proof for the non-existence of unauthorized construction
    • Documents required for the renewal of a trade license
    • PAN for the entity

    Validity for Trade License

    The trade license remains valid for the period of one year and after it is renewed from time to time to carry on trade.

    Documents required for renewal of trade licence:-

    The Trade license is required to be renewed on the annual basis after getting the registration. The renewal application is required to be submitted within 30 days from the date of expiry of the license. The delay in fling of the application can incur additional payment which is 50% of the license fees.

    Documents required for the renewal of the trade license are:

    • Original copy of Trade License
    • Address and Identity proof
    • Previous year Challan
    • Old G-8 receipt
    • Property tax receipt

    Frequently Asked Questions

    The municipal authority of the particular state is the accountable body for the issuance of the trade license.

    • You can call or submit our query form
    • One of our experts will call you very soon.
    • We will make the required documents and send it to you for review.
    • If there’s any change, we will make it and send it to the concerned department along with the application form for the trade license.
    • Once the department is fulfilled with the document verification, we will provide the Trade License.

    The brief process to obtain Trade licence are:

    1. Application in Form 353 or 354, depends on the case.
    2. If the applicant is a person, his/her Aadhaar Card is necessary.
    3. If the applicant is any Company, LLP, Firm, etc, the PAN Card and incorporation certificate or document is necessary.
    4. Latest Tax Payment Receipt.
    5. Consent letter or Lease documents from the Owner of the property.

    Please note that running an unapproved Trade is an offense. The concerned authorities may seize or lock your Trade business with or without prior intimation.

    You are required to fill the Renewal Form and also requires to Pay the renewal charges with half fine. My license has lapsed over a year back, what would be a good idea for me to do? You are required to fill the Renewal Form and also requires to Pay the renewal charges with half fine.

    Related Post By MyCompanywala

    section shape


    An issue of bonus shares is referred to as a bonus share issue or bonus issue. A bonus issue is usually based upon the number of shares that shareholders already own. While the issue of bonus shares increases the total number of shares issued and owned, it does not change the value of the company.                              1) The source out...... Read More


    DEFINITIONOF RIGHT ISSUE ‘Right Issue’ means offering shares to existing members in proportion to their existing shareholding. The object is, of course, to ensure equitable distribution of Shares and the proportion of voting rights is not affected by issue of Fresh shares. A rights issue is an invitation to existing shareholders to purchase additional new shares in the company. This type of issue gives existing shareholders securities called rights. ...... Read More


    1.        Ensure that a special notice for the removal of a director is furnished by number of members in accordance with the section 115 of Companies Act, 2013 to the company at least 14 days before the meeting at which it is to be moved. 2.        (a) Ensure that the notice for removal of a director is for a director other than a director appointed by the Tribunal under section 242 of the Companies Act, 2013. &n...... Read More


    Introduction- What is sweat equity shares? Sweat equity shares refers to equity shares given to the company’s employees on favorable terms, in recognition of their work. Sweat equity shares is one of the modes of making share based payments to employees of the company. The issue of sweat equity shares allows the company to retain the employees by rewarding them for their services. Sweat equity shares rewards the beneficiaries by giving them incentives in lieu of their contribution tow...... Read More


    INTRODUCTION Private placement can be explained as a means of raising capital by the companies without going for public issues. Public Issues like Initial Public Offering and Further Public Opening are means of raising capital by the companies. DEFINITION A private placement is a sale of stock shares or bonds to pre-selected investors and institutions rather than on the open market. It is an alternative to an initial public offering (IPO) for a compan...... Read More

    OPC has to convert into Private or public limited company within 6 months

    post img

     OPC shall be required to convert itself, within six months of the date on which its paid up share capital is increased beyond fifty lakh rupees and the last day of the relevant period during which its average annual turnover exceeds two crore rupees as the case may be, into either a private co...... Read More

    Mandatory Conversion of One Person Company into Private Limited or Public Company

    post img

    Rule 6 of the Companies (Incorporation) Rules, 2014 as amended vide the Companies (Incorporation) Amendment Rules, 2015, w.e.f. 1-5-2015 provides that where the paid up share capital of an OPC exceeds fifty lakh rupees and its average annual turnover during the relevant period exceeds two crore rupe...... Read More

    Restriction on alteration in the Memorandum and Articles of a charitable company licensed u/s 8

    post img

    Section 8(4)(a) provides that a company that has received a licence under the section, shall not alter the provisions of its Memorandum as regards its objects except, with the previous approval of the Central Government [Powers delegated to the Registrar of Companies by Notification No. 1353(E), dat...... Read More

    Main condition for Section 8 Company registration

    post img

    The objective of section 8 of the Companies Act, 2013 is to provide special benefits and privileges to such organisations, which are formed for the following purposes and where it is proved to the satisfaction of the Central Government that a person or an association of persons proposed to be regist...... Read More

    Requirements of minimum paid-up capital

    post img

    By the Companies (Amendment) Act, 2015 effective from 29th May, 2015 the requirement of minimum paid up capital for a private limited company of `1 Lakh and for a public limited company of `5 Lakhs has been removed from the definition of the Companies under section 2(68) and 2(71) of the Companies A...... Read More

    Can OPC Change in the nominee by the member of OPC?

    post img

     It has been provided that the subscriber/member of OPC may at any time change the name of the nominated person by giving notice to the Registrar. It shall be the duty of the subscriber/member of OPC to intimate the company the change, if any, in the name of the person nominated by him by in...... Read More

    Change in the name of person nominated in the Memorandum shall not be deemed to be alteration in the Memorandum of Association

    post img

    Any such change in the name of the nominee person in the Memorandum of Association of the OPC shall not be deemed to be an alteration of the memorandum.......

    Can we Change in the nominee by the member of OPC?

    post img

     It has been provided that the subscriber/member of OPC may at any time change the name of the nominated person by giving notice to the Registrar. It shall be the duty of the subscriber/member of OPC to intimate the company the change, if any, in the name of the person nominated by him by i...... Read More

    What are the Liabilities of the subscriber in case of One Person Company?

    post img

     The liability of the member of the OPC may be limited or unlimited, and the Memorandum of Association of the OPC shall state,—   (i) in the case of a company limited by shares, that liability of its member is limited to the amount unpaid, if any, on the shares held by them; an...... Read More

    No need for address in India of Foreign promoters incorporating company in India

    post img

     There is no pre-condition for foreign promoters to furnish local address in India for seeking registration and incorporation of a limited company in India.   It was held that there was nothing in the Act or the applicable Rules which requires the foreign promoters to provide a l...... Read More

    Is roll checks are mandatory for Directors inMinistry of Corporate Affairs website

    post img

    The digital signatures are required to be registered at the website of the MCA for various category like director, professionals, etc. and need to fill up particulars online at the MCA portal, called roll check.   Without complying with the requirement of Roll Check, any documents si...... Read More

    What are the liabilities on members for having below minimum members’ strength?

    post img

    The MCA vide the Companies (Amendment) Act, 2017 has inserted new section 3A w.e.f. 9-2-2018, vide Notification No. SO 630(E), dated 9-2-2018 to put liability on all the existing members of the company, in case the company defaults in minimum number of members’ criteria. If at any time the number ...... Read More

    Is Digital Signatures Certificates are mandatory in case of Company registration?

    post img

    Every Form and return prescribed under the Companies Act, 2013 needs to be filed with the digital signature of the managing director or director or manager or secretary of the Company, therefore, it is compulsorily required to obtain digital signatures of at least one director to digitally sign the ...... Read More

    Requirement for Having Director Identification Number

    post img

    As per proviso to section 152(3) of the Companies Act, 2013 no company shall appoint or re-appoint any individual as director of the company unless he has been allotted a Director Identification Number (DIN) under section 154 or such other identification number as the Central Government may prescrib...... Read More

    What our customers are saying about MyCompanywala?

    section shape

    Copyright © 2018 MYCOMPANYWALA all right reserved.

    Hello ! I am Dipesh,Your Consultant from Mycompanywala and I am here to help you.

    What are you looking for?

    1. Company Incorporation?
    2. DOT OSP Registration
    3. Trademark Registration?
    4. Other Services ?