Are you a startup trying to understand Trade License Registration in Gurgaon? Learn about the steps and process behind the registration of a trade license in Gurgaon.
Starting a business in one of the cities, like Gurgaon, which has one of the fastest growing industries, can feel overwhelming without any expert guidance. At DSRV India, we have a team of professionals who are knowledgeable in GST litigation services and Tax litigation services. Our guidance will help your business to operate smoothly so that you can focus on the development of your product and services. Keep reading this blog from the top income tax consultant in Gurgaon to understand how to obtain a trade license in Gurgaon:
A trade license is a certificate that ensures a business has permission to sell any goods or services in a particular location or area. The Municipal Corporation of the state authorises applicants looking to start a business. The license certifies that the operations carried out by the business are following all standards of safety as stated in the guidelines by the State Municipal Corporation.
Read more: An Easy Guide By DSRV India: How To Register A Startup In Gurgaon
It helps ensure that individuals involved in the business are not harmed by any health hazard or nuisance by its operations. It also helps in ensuring there are no unethical practices carried out by the business. It helps the government to regulate the laws and regulations by making sure all businesses are following the required safety measures.
The Municipal Corporation of the state grants permission to individuals to practise trade or business by issuing a certificate or document to individuals. To obtain the trade license, you must visit the website or local corporation to issue the document for your business.
Also Read: Company Registration Process: 7 Steps To Register A Company In India
1. Proof of business ownership, such as the certificate of incorporation, Memorandum of Association (MOA), Articles of Association (AOA), partnership deed, or proprietorship certificate.
2. Address and ID proof of the applicant
3. Aadhar card and PAN of the applicant. In the case of partnership firms, all partners must submit their PAN.
4. Proof of ownership or lease agreement of the premises
5. NOC from the respective authority
6. List of all the machinery and equipment used by the business
7. Clearance certificate from the Pollution Control Board and Fire Department, if applicable.
The Trade License Certificate is issued by the municipal corporation, where the individual needs to qualify for a few criteria before being eligible. It is issued for several departments, such as engineering, health, industries and so on. It is important to be eligible for the certificate before an individual starts their business. The following are the criteria to qualify for a trade license certificate in Gurgaon:
1. The individual must be 18 years old or older. Minors are not permitted.
2. The individual must have a clear record of no previous criminal activity.
3. The business must have all the necessary permission from authorities.
4. The business must not be involved in illegal or unethical practices.
5. The business must be compliant with all the relevant rules and regulations.
You can register for your trade license either online or offline. If you are applying online, then you need to visit the Gurgaon Municipal Corporation website. You can also apply offline by visiting the municipal corporation in Gurgaon. The following is the process of both offline and online application process:
Step 1: Visit the Gurgaon Municipal Corporation website.
Step 2: Click on the ‘Citizen online services’ option and select the ‘Trade License’ option.
Step 3: Click on the ‘Apply for Trade License’ option.
Step 4: Fill out the application form.
Step 5: Upload the required documents and submit the form.
Step 6: The respective authorities will verify the application and documents.
Step 7: After verification, a unique application number/ID is generated.
Step 8: Visit the municipal corporation website and pay the fee.
Step 9: The trade license number will be issued.
Step 1: Visit the Gurgaon municipal corporation office.
Step 2: Obtain the trade license application form.
Step 3: Fill in all the necessary details in the form.
Step 4: Submit the application to the municipal corporation officials along with the required documents.
Step 5: The officials will verify the application and issue a unique application number/ID.
Step 6: Visit the municipal corporation office and pay the fees.
Step 7: The trade license will be issued.
The trade license will take roughly 7-15 days to be issued from the Gurgaon Municipal Corporation. The trade license certificate can be downloaded online or obtained from the office, depending on the process you wish to follow.
The trade license has a validity of only one year and can be renewed every year. You can renew it both through the online website or by visiting the municipal corporate office. If you fail to renew it within the due date, you will have to pay the penalty and apply for its renewal. Your business will be at the risk of being closed down if you fail to renew your trade license on time.
Obtaining a trade license is essential for any business to start their entrepreneurial journey. Startups need to be aware of the procedure, documents required and important rules and regulations involved to ethically run their business within Gurgaon. If you need additional guidance and support from a team of experts, then contact DSRV India, the top chartered accountant firm in Gurgaon.
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