Aakash Singhvi & Company, Chartered Accountants

License Registration & Renewals

A trade license is a document/certificate that gives permission to the applicant (person seeking to open a business) to commence a particular trade or business in a…

A trade license is a document/certificate that gives permission to the applicant (person seeking to open a business) to commence a particular trade or business in a particular area/location.

It ensured that the business or trade is carried by adhering to all the standards of safety as issued by State Municipal Corporation . It protects the residents from being affected by any health hazards. However, the license does not allow the holder to carry out any other trade or business than for it is issued. Furthermore, this license does not pass on any kind of property ownership to the holder of the license.

Documentation required for application of the trade license are as follows:

  • Address proof of the business
  • ID proof of the applicant
  • Aadhaar card
  • PAN of the individual in case of proprietorship, else PAN of the firm of company
  • Memorandum of Association (MOA) in case of Companies
  • Certification of incorporating in case of Companies
  • A latest municipal property tax receipt in case the premises are owned, else lease document or consent letter of the owner of the property where the business is registered.
  • NOC of the neighbors (nearby property owners)
  • Certified layout plan of the office .

The renewal of the trade license is done on an annual basis, and the applicants are allowed to renew their respective licenses between January 1 and March 1 from the Municipal Corporation[1].

The applicant must furnish the given documents along with the renewal application of the Trade license.

  • Trade license (original copy)
  • Tax receipts displaying the date of the payments
  • Preceding year’s payment receipts.
  • Establishment photos.
  • Proof of legal occupancy of establishment in the form of Rent agreement, water bill, electricity bills, and lease deed.
  • Aadhaar or PAN card of the owner for identification proof.
  • Sketch map of the establishment (for MCD portal)
  • Pollution NOC ( in case of a manufacturing unit discharging any type of contamination).
  • NOC from fire department.

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