{"id":5708,"date":"2019-07-25T19:08:43","date_gmt":"2019-07-25T13:38:43","guid":{"rendered":"https:\/\/swaritadvisors.com\/learning\/?p=5708"},"modified":"2021-01-21T17:04:56","modified_gmt":"2021-01-21T11:34:56","slug":"documents-required-for-trade-license-in-india","status":"publish","type":"post","link":"https:\/\/swaritadvisors.com\/learning\/documents-required-for-trade-license-in-india\/","title":{"rendered":"Documents Required for Trade License in India"},"content":{"rendered":"\n<p class=\"has-drop-cap\">Municipal Corporation Trade license is obligatory for every person willing to carry out a specific trade in a particular municipal area. But you will receive the permit only when you submit all the documents required for<strong> <a class=\"text-primary\" href=\"https:\/\/swaritadvisors.com\/trade-license\">Trade License in India<\/a><\/strong>. <\/p>\n\n\n\n<p>Therefore, whether you have applied for a new license or renewal or a duplicate copy, you need to submit the documents accordingly. Let\u2019s find out what trade means and what documents are necessary for obtaining it.<\/p>\n\n\n\n<div class=\"wp-block-button aligncenter\"><a class=\"wp-block-button__link has-background\" href=\"https:\/\/swaritadvisors.com\/trade-license\" style=\"background-color:#01669c\">Get Trade License in 15 Days &#8211; Apply Now<\/a><\/div>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2f2ae466d91\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2f2ae466d91\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/swaritadvisors.com\/learning\/documents-required-for-trade-license-in-india\/#What_is_a_Trade_License\" title=\"What\nis a Trade License?\">What\nis a Trade License?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/swaritadvisors.com\/learning\/documents-required-for-trade-license-in-india\/#Eligibility_Criteria_for_Trade_License_in_India\" title=\"Eligibility Criteria for Trade License in India\">Eligibility Criteria for Trade License in India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/swaritadvisors.com\/learning\/documents-required-for-trade-license-in-india\/#Documents_Required_for_Trade_License\" title=\"Documents Required for Trade License\">Documents Required for Trade License<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/swaritadvisors.com\/learning\/documents-required-for-trade-license-in-india\/#For_the_new_Trade_License_in_India\" title=\"For the new Trade License in India\">For the new Trade License in India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/swaritadvisors.com\/learning\/documents-required-for-trade-license-in-india\/#For_the_Renewal_of_Trade_License\" title=\"For the Renewal of Trade License\">For the Renewal of Trade License<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/swaritadvisors.com\/learning\/documents-required-for-trade-license-in-india\/#Documents_for_the_grant_of_a_duplicate_License\" title=\"Documents for the grant of a duplicate License\">Documents for the grant of a duplicate License<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/swaritadvisors.com\/learning\/documents-required-for-trade-license-in-india\/#Takeaway\" title=\"Takeaway\">Takeaway<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_a_Trade_License\"><\/span>What\nis a Trade License?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>A trade license is an authorization essential for entities who wish to start a trading business within a specific area. Generally, the provisions of the trade license are set up by the State Government. <\/p>\n\n\n\n<p>Every state has its own municipal body which governs the Municipal Corporation trade registration in the particular place where it runs. For example, for obtaining a trade license in Delhi, you need to apply to the <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"http:\/\/www.mcdonline.gov.in\/\" target=\"_blank\">municipal corporation Delhi<\/a>.<\/p>\n\n\n\n<p>Typically, a trade license is important to ensure that trade is carried on in the way as described in the guidelines and rules. <\/p>\n\n\n\n<p>Running any unauthorised trade is an offense. Therefore, if somebody is found guilty of it, the person will be subject to a substantial penalty. <\/p>\n\n\n\n<p>Hence, the business owner must obtain a trade license in the area where he\/she is going to start the business. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Eligibility_Criteria_for_Trade_License_in_India\"><\/span>Eligibility Criteria for Trade License in India<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><em><strong>The government of India has set certain guidelines for getting a trade license. Some mandatory criteria are as follows:<\/strong><\/em><\/p>\n\n\n\n<ul><li>The applicant should be of at least eighteen years old;<\/li><li>The individual shouldn\u2019t have any criminal record against him\/her;<\/li><li>The business for which the applicant is requesting the application must be legally permissible. <\/li><\/ul>\n\n\n\n<p><b>Also, Read:<\/b> <mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/swaritadvisors.com\/learning\/how-are-the-trade-license-and-company-registration-different\/\">How are the Trade License and Company Registration Different??<\/a><\/mark><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Documents_Required_for_Trade_License\"><\/span>Documents Required for Trade License<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Documents requirement for Municipal Corporation trade registration in India is different for different purposes. Let\u2019s find out what they are:<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"For_the_new_Trade_License_in_India\"><\/span>For the new Trade License in India<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><em>For a new license, the following documents are necessary:<\/em><\/p>\n\n\n\n<ul><li>Identity card of the applicant;<\/li><li>Address proof;<\/li><li>PAN card of the establishment (For Companies, LLP, and Firm);<\/li><li>Memorandum of Association (MOA) of the company;<\/li><li>Articles of Association (AOA) of the company;<\/li><li>Affidavit;<\/li><li>Latest bank statement along with a canceled cheque;<\/li><li>Property Tax Receipt;<\/li><li>Income Tax Return (ITR) statement;<\/li><li>Proof of the establishment of the trade;<\/li><li>Lease documents or consent letter from the Landlord;<\/li><li>Utility Bills such as Electricity Bill\/Water Bill, etc.;<\/li><li>No-Objection Certificate (NOC) from the premise owner;<\/li><li>Other documents, if required.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"For_the_Renewal_of_Trade_License\"><\/span>For the Renewal of Trade License<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>If your license is about to expire, then you must apply for the renewal of a Municipal Corporation trade registration prior to its expiry date. Documents for the renewal of a license are:<\/p>\n\n\n\n<ul><li>Copy of the original trade license;<\/li><li>Identity and address proof of the applicant;<\/li><li>Old G-8 receipt;<\/li><li>Application for the renewal of the license.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Documents_for_the_grant_of_a_duplicate_License\"><\/span>Documents for the grant of a duplicate License<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>In the case, you have lost your original trade license or if somebody has stolen it, you need to get a duplicate copy of the same. <\/p>\n\n\n\n<p>Firstly, file an FIR against the missing trade license, and then apply for the same to the concerned body along with the following documents:<\/p>\n\n\n\n<ul><li>Copy of First\nInformation Report (FIR);<\/li><li>Indemnity bond in the\nprescribed format. <\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Takeaway\"><\/span>Takeaway<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Hence, whether you are opting for a new license or want to renew it or need a duplicate copy, you need to submit the documents in all the cases. Without the required papers, you won&#8217;t get a trade license in India.<\/p>\n\n\n\n<p><b>Also, Read:<\/b> <mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/swaritadvisors.com\/learning\/apply-for-trade-license-in-uttar-pradesh\">How to Apply for Trade License in Uttar Pradesh?<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Municipal Corporation Trade license is obligatory for every person willing to carry out a specific trade in a particular municipal area. But you will receive the permit only when you submit all the documents required for Trade License in India. Therefore, whether you have applied for a new license or renewal or a duplicate copy, [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":13127,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[523],"tags":[816],"_links":{"self":[{"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/posts\/5708"}],"collection":[{"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/comments?post=5708"}],"version-history":[{"count":17,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/posts\/5708\/revisions"}],"predecessor-version":[{"id":18031,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/posts\/5708\/revisions\/18031"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/media\/13127"}],"wp:attachment":[{"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/media?parent=5708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/categories?post=5708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/tags?post=5708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}