A trade license can be called a document or certificate that would provide permission to you – the applicant – to start a particular business or trade at a location of his choice. However, you should also keep in mind that you do not have the right to do any business other than what is specified in the license.
Apart from this, you also need to know that you do not get any right of ownership as such by holding this license. This means that if you wish to do a particular business in Bangalore or any other part of Karnataka for that matter you would need a Karnataka trade license.
You need to know that you must need this license before you start operations as such. Ideally you should apply at least 3 months before you intend to start your business.
Trade license such as the BBMP trade license (BBMP stands for Bruhat Bengaluru Mahanagara Palike) have been issued in India for the last 40 years. In each state of India this is controlled by municipal corporation acts that have been passed by the respective state governments over there.
This makes sure that no one would be affected by any nuisance as such. At the same time it rules out any health hazard happening as a result of the business as such. This is also a way of making sure that there are no immoral business practices being followed at any location as such.
This license creates a sense of harmony from an overall social perspective. It makes sure that all the businesses are following the rules and guidelines that they need to follow for the kind of industry that they are in. It makes sure that they are adhering to all the safety measures that they have to take for their line of work.
As has been stated before, if you want to do a particular business in a particular area of the state you would need a trade license. Means the owner of the business must need this license certificate to run well its trade on certain places. And for this, you need to know how to get new trade license in Bangalore.
There is some eligibility criteria must have required for an owner to get this license. In these cases you need to be aware of the following things such as –
There are three kinds of trade licenses – (a) industries license, (b) shop license, and (c) food establishment license.
Small, medium, and large scale manufacturing factories need to apply for the industries license.
The following entities need to apply for a shop license:
The following organizations need to apply for a food establishment license:
This license is compulsory for all type of manufacturer industries in Bangalore those who are doing their business in this state of Karnataka. Because the neighbors living near to the industry should not be affected by the activities and it should maintain the peaceful & natural environment for neighborhood, is the main objectives of Municipal Corporation. And the enterprises should have to follow and act upon the rules and regulations.
These licenses are issued by licensing departments of the municipal corporation of the area where you want to do the business. There are different departments for this such as industries, health, and engineering, to name a few.
These licenses are authorized by the government of India in such a way it can be regulated on a city wide basis throughout the country. The permissions in these cases are granted through media such as documents, certificates, and letters.
In Karnataka, the trade license consultants in Bangalore could help you to explain the facts and able to get/obtain the certificate for your business.
The following documents are needed in order to apply for a trade license in Bangalore:
These 6 simple steps are taken to get a trade license in Bangalore India:
These days, thanks to the likes of professional consultants it has become easier to perform trade license registration in Bengaluru. These companies would do all the work on your behalf. It would start with filling up their online application form that is rather simple to fill up. You also need to submit certain documents along with.
After this comes the process of registering for the trade license. Here you would be required to provide all the information that you need in order to get the work done.
It normally takes around 12 working days to complete this part. After this your service provider would create all the documents that are necessary in this case along with the applications. It would then file them on your behalf. It takes around 2 days to complete this part of the work. After that your license would be sent to you through a courier. At this stage, you would be best served by maintaining 2 to 3 copies of the same.
In India trade licenses are valid for a period of one year. This means that you would have to renew them each year. As per the source, from April 1, 2019; BBMP shall issue trade licenses with 5 years of validity.
To know or check the status of application for trade license in Bangalore, you’ve to visit BBMP online portal and make query on there.
See here the steps:
Statistics say that in India trade licenses are renewed each year between 1st January and 31st March. You have to apply to renew the license from within a period of 30 days from the date when the license is supposed to expire.
If you delay in this process of renewal, you may have to pay fines. However, it all depends on the rules and regulations of the authority that has issued the license in the first place.
In these cases you need to submit documents such as the original copy of your trade license, the challans of the earlier year, and updated receipt of the property tax paid by you.