To trade within a state, corporation or municipality, a business license will be required from the concerned state government or corporation or municipality. The rules and regulations related to trade license vary from state to state. Therefore, in order to obtain a trade license, the applicant must first understand the jurisdiction under which it is operating the business and the applicable Act.
In most states, application for renewal of grant or licenses will be done to a commissioner in the corporation. The application to operate the business should be done within 30 days of the start of the application. Upon applying with necessary information and documents, the concerned officer will ensure that the business is suitable for the intended purpose, there is no possibility of threat or fuss for any of the surrounding people and issue licenses. Business licenses will usually be issued within a period of 7-15 days to submit the application. eMindsCA.com can help you get a trade license for your business. To know more about the rules and regulations applicable to your business, stay in touch with the eMindsCA.com Advisor and start the process of applying for a trade license.
Important aspects of trade license
Trade license is known by different names in different parts of the country. For example, a business license is called the Gumasta license in the state of Maharashtra.
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Trade license application should be made to the concerned State Government or Corporation or Municipality. The jurisdiction and process for the application will vary depending on the state rules.
In some states, the trade license will be issued only after personal verification from the concerned authorities. However, many states have also fulfilled the requirement.
General processing time for business application is 10-15 days subject to government processing time. The certificate can be downloaded online after approval.
In most states, trade licenses are issued with validity of 1 year. Renewal of Trade License can be done at the end of each year by paying the fee.
How do we help with Business Licenses
eMindsCA.com can help you get business license 10 to 15 days, subject to government and client processing time.
Got the question Request a call from eMindsCA.com Business Advisor.
eMindsCA.com experts will collect necessary information and documents to apply for a trade license from the respective government authority.
Application of trade license will be submitted to the concerned department. An eMindsCA.com expert will follow the status of the application from time to time.
Upon receipt of approval, a trade license certificate will be sent through courier or in-person.
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Outsourcing allows you to focus on your main business, not your support departments. Outsourcing gives your company access to a high level of expertise, where you will be able to spend normally.
Cost effectiveness– The salary of professionals is significantly lower than in North America and Europe. This wage turns into difference cost savings.
24/7 operation – Offshore development facilities located in India are in the perfect time zone to help you operate 24/7.
Large pool of talent– Retraining experienced staff becomes difficult when they are given boring and repetitive work. India offers you a cost effective talent pool that you can tap for reliable service delivery.
Best Practices– High focus on improvement in quality and continuous process, offshore development centers work on high level efficiency, forecast and reliability. High level maturity reduces risk and provides significant benefits while managing service level agreements.
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