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An Overview

Trade License

A trade licence is a licenced certificate that allows or permits a company, firm, or corporation to launch and operate a trading activity in a specific area. The State Government oversees and controls the conduct of a selling company from a specific location by acquiring a Trade License. It also assists, oversees, and assures that no damage is done to the public, other living creatures, or the general public’s welfare as a result of trade-related practises.

A trade licence is issued with the necessary protection rules, regulations, and legislation in order to ensure that the trading industry is conducted safely and to protect the community under that jurisdiction. The State Government supervises and grants Trade Licenses to regulate trade and industry in the region.

Business establishments who may not comply or observe the rules of a trade licence may face severe penalties. As a result, it is mandatory for business owners to apply for a trade licence from the designated state authority as soon as possible. Let us address the method of obtaining a trade licence, which is both costly and time-consuming.

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Benefits

A trade licence is a permit certificate from the local government to run a company in a certain location. Because of the following reasons, obtaining a trade licence is critical:

Regulates and supervises the trading industry in a specific location or region.

To guarantee that the general public’s wellbeing is not jeopardised as a result of unethical corporate practises.

It ensures that business practises are compliant with the established laws, regulations, and standards.

It controls the trading industry by imposing limitations on such commercial activities.

Supervising the company owner’s duties in relation to the selling business.

The company owner who holds the trade licence is said to have proof that no illicit or unethical activity or trading is taking place.

Documents Required

  • Identity Proof such as Aadhaar, Passport, Driving Licence, Voter’s ID
  • Address Proof such as Aadhaar Card, Ration Card, Driving Licence, etc.
  • Certificate of Tax Returns
  • Receipt of property tax of the business office building
  • Rental agreement or Lease agreement if the office is a rented place
  • Affidavit on an INR 20 stamp-paper stating the kind of the trade and area of business.
  • Applicant’s passport-sized photographs
  • Installation license
  • No Objection Certificate(NOC) from the authorized District Fire Officer or Pollution Control Board or
  • Inspector of Factories, if the business activities employ more than nine workers if any.
    If the business employs steam or some other business source, then the applicant must submit the following documents:
  • Building permits of the company.Details of the Power source, equipment and machinery
  • If the company has more than 9 employs, Certificate of Approval from the Inspector of Factories is needed
  • Certificate issued by the Deputy Director of Public Health.
  • No Objection Certificate (NOC) from both the IRS and Fire.
  • Consent or permission from TNPCB

Registration process

  • Visit the official website for more information.
  • Fill out the registration form with all of the required information.
  • To log in to the web, you’ll need your username and password.
  • Select the Trade License button from the Applications tab.
  • Fill out the paperwork completely, with all necessary information and documentation.
  • After submitting the document, the claimant may receive an acknowledgment card.
  • Receives the submission for the authentication process from the Zone’s ARO.
  • After the on-site verification is completed, a report is written and submitted to the Zonal officer.
  • If all is acceptable to the approved officer, the applicant may pay the charge electronically.

Finally, the business’s trade licence will be given 

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