September 3, 2022/
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Special Cases Where ITR Filing is Mandatory : CASE NO. 1: A person deposits a total amount exceeding 1 crore rupees…
Trade License
What is Trade License?
Every business requires a trade permit from regulatory authorities, whether it's the municipal corporation or the government. A Trade License serves as official documentation granting permission and certification to conduct a specific trade or business. However, it does not extend authorization for any other activities beyond its scope.
Miraculous Taxes can help you obtain a trade license in Delhi for your business online. Connect with our consultant to know more about the rules and regulations that will apply to your business and begin the process of trade license registration.
Types of Trade License
There are 3 kinds of trade licenses that a company or individual can apply for dependent on the kind of trade or business they take forward.
Shop License
This license is required for any individual who needs to open a shop. The shop is often of any retail type.
Industrial License
This kind of license is required for any organization that desires to open a small or mid-sized industrial unit.
Food Establishment License
Any establishment that plans on getting into the food and drink industry needs this license. The license applies to cafes, restaurants, meat shops, bakeries, and vegetable shops.
Basic Documents required for Trade License Registration
- Address proof and PAN Copy of Directors / Partners/Proprietor of the Entity.
- Rental Agreement with Owners NOC for Proof of Business place. Legal Ownership Papers may also be need sometimes ( example – Property Tax Payment receipts, Sales Deed, etc).
- Constitution proof of the business in case of Firm / Company ( example – Certificate of Incorporation or Firm Registration Certificate) and Pan card.
- Bank Statement / Cancelled Cheque of the Entity.
- GST Certificate ( optional)
Procedure for Trade License
The Applicant must follow the following steps to apply for Trade License in Delhi-NCR
Step.1
First, the applicant needs to apply for the application online at the website of MCD; the applicant has to make an application and attach the prescribed Documents. For the Online method (in-person), the applicant has to take all the Documents to the relevant authority. With this, the applicant has to fill in the form with the relevant details for the license.
Step.2
After submitting the Documents and the application to the concerned authority, verification of the same will be done by the officials.
Step.3
After submitting the application form, a Unique Identification Number will be generated.
Step.4
Once the application is examined, the authorised official will generate the fee seeking requisite from the applicant for issuing the Trade License.
Step.5
Once the payment is received, the authority will issue the Trade License in Delhi-NCR
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