What is a trade license and why do we need one?
Trade license is permission granted in form of certificate by State government to carry on any business/trade for which it is issued. As per shops and Establishment act it is mandatory for three kind of business:All the eating establishments like hotels, restaurants, canteen, food stall, bakeries, sale of vegetables, meat, provisions store, etc.Trades which use motives like manufacturing industries, factories, power looms, flour mills, cyber café, etc.Offensive and dangerous trades like barber shop, dhobi shop, timber wood, sale of fire wood, candle manufacturer, cracker manufacturer, etc.you need to apply to your Local Municipal Corporation for obtaining trade license.In order to read more about the procedure please visit: How Trade Liscence registration is done? - Wazzeer .Now the need of trade license. The most important one is that it prevents you from being penalized. Carrying out business without procuring a trade license is an offence in India.Further it is a proof that no illegal activity is carried out in your establishment The Shop and establishment Act regulates the conduct of business like working hours, benefits to employees and all.In case, you are thinking of getting some free advise from an experienced Lawyer (and Accountant), checkout Counsel application of Wazzeer.#WazzeerKACounsel**For any Legal and Accounting support, Happy to help you, let us talkPS: Wazzeer Loves entrepreneurs #GoGetIt
Do I need any license to operate an online business in India?
E- Commerce laws and regulations in India are still evolving. This has created a lot of confusion and uncertainty among e-commerce entrepreneurs in India. It usually had to work in correspondence with the Information Technology Act, 2000.What are the steps that one needs to go through for the registration of the firm?Structuring your businessTo start an E-Commerce business there are 5 options to register your firm which are as follows-Proprietorship firm registration – It is the simplest form of registration which requires tax registration like VAT or service taxPartnership firm registration- Minimum 2 persons with unlimited liabilityPrivate Limited Company- It is the most popular business formLLP (Limited Liability Partnership) – It is a mixture of Pvt Ltd Company and Partnership firm and enjoys many benefitsOne person company- It is similar to PVT LTD Company and requires only one person
What are the various licenses required to start up a Food business in India?
Hi one and all,who are going to start a food business these are the steps need to take.Apply for firm registration(if partnership firm), if sole proprietor not required firm registration. If PVT ltd co. register your company in MCA21 with the help of CA/CWA/CS.Open Bank Account(Current A/c) on firm name or company name.Apply for FSSAI(Food Safety and standards Authority of India) License.After that Commercial Tax department VAT (if your sales in Intra state) and CST (if your sales are in inter state also).If you are providing any catering services to any software companies or any other pvt ltd companies you have to take service tax license from Central board of excise and customs ( Total services beyond 10 lakhs this license is required).Labor license( Shop and Establishment license) required.Trade license required according to your municipality.If you are running any ice cream parlor or if you are selling any product on your own name you required trade mark.If you required Loans or any government subsidy you have to take SSI (small scale Industries) or MSME (Micro small medium enterprises) license.
What are the licences required for starting a clothing business in India?
Licences as required to start a clothing business in India :Trade Licence under Shops and Establishments of the Particular Town / City of the State in case if you are going to do a business within the State as a Proprietary Firm or Partnership Firm or Limited Liability Partnership (LLP) or a Private Limited or LimitedNow, GST registration is must, in case the business turnover is more than Rs.20.00 lakhs per annum.You can approach any local CA (Chartered Accountant) or a Sales Tax Consultant or a Agent of Firm Registration can help you on a Fee.If you want to sell your Clothes through online shopping carts / sites than you can approach Online Shopping for Electronics, Apparel, Computers, Books, DVDs & more / Online Shopping Site for Mobiles, Fashion, Books, Electronics, Home Appliances and More / Online Shopping India - Shop Online for Branded Shoes, Clothing & Accessories in India | Myntra.com and many more if you search Google or other in online.Based upon your businesss establishment it may cost (Service Fee) you Rs.3,000 to Rs.7,000 for Shops and Establishments under Municipal Corporation and GSTThere are few States — Registrations made Online with nominal statutory fee. Still there are few department employees try to ask Small amount (which is not official / its called bribe) at the time of Inspection and complete the formality. It's a true fact of Indian License Raj, if you don't want to pay, they may trouble you (means ask more documents, or try to say as per trade license terms you are not maintaining records or other mistakes and try to penalise as per the Trade License act) to issue the Trade Licence.To do business either manufacturing or services or trading, every one must read and understand the Trade License and GST Acts to maintain proper records and reports as required. No Fear if you know the Rules and No problem if you follow the Rules.Hope you know my answer may helping you.
Why are a lot of commercial activities are going on without a valid licence from mcd in Delhi?
Fir of all thanks a lot for the opportunity to answer this question in first place.The entire campaign of existing Delhi CM was based on corruption free delhi, of which low income and people a little above them fell prey to it. Instead the state government department increased their rates for bribe has gone up! Instead the budget is being spent on lavish bunglows, advertisements, exorbitant celebrations, of fake and unsuccessful campaings, which are being forcefully being fed in normal delhilites ears.Various scams, such as water tanker,CNG stickers scam, and majority of mla's are corrupt and uneducated, because of which the corruption flows to various Babu's in dept. The people now flout rules as their governments veil has been lifted and their thug faces have been revealed, they let people work so they can catch them later and penalize and charge them.