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Set up a Trust Registration Firm

  • Trade license is mandatory for businesses operating in a commercial property. Easily apply for Trade License online using Compliance Gurukul.

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Register Trust Registration Firm Online through Compliance Gurukul

You can easily complete Trust Registration firm registration online through Compliance Gurukul. For a sole Trust Registration, only the PAN & Aadhaar card of the business owner is required. We can help you obtain the following registrations in less than 15 days:

  • GST Registration
  • Zero-Balance Business Current Account with Compliance Gurukul Software

Once, you have registered for the Trust Registration firm registration online on Compliance Gurukul, please follow the steps below and upload the following documents by logging into Compliance Gurukul Software.

  • Step 1: Login to Compliance Gurukul Software using the email address for payment.
  • Step 2: Go to Services Tab & Select Trust Registration Engagement
  • Step 3: Upload your PAN & Aadhar Card Copy
  • Step 4: An Compliance Gurukul Registration Expert will file the registration application with GST Department and Bank for Current Account.
  • Step 5: Access to Compliance Gurukul Software is for GST invoicing, GST filing and other services.

Trade License

Engaging in any business activity within India mandates adherence to various regulations, among which acquiring a Trade License is paramount. Serving as an official document to commence specific trade or business operations within a designated locale. Trade license ensures businesses follow municipal norms and uphold public health and safety standards. With India's robust regulatory landscape, obtaining a Company Trade License becomes an indispensable step for businesses aiming to carve a niche in the competitive market, reinforcing the foundation for a trustworthy and lawful business.

Getting a Trade license in India involves complex steps and rules. Compliance Gurukul makes this easier by guiding you through the process and helping you get your license smoothly.

What is Trade License?

A trade license meaning is defined as an official document or certificate issued by the Municipal Corporation of a state granting permission to the applicant (individual seeking to establish a business) to engage in a specific trade or business activity within a designated area or location.

This license ensures that the business complies with all safety standards mandated by the State Municipal Corporation, safeguarding residents from potential health hazards. Obtaining a trade license is mandatory for all businesses falling under the purview of the respective state's State Municipal Corporation Act.

It's important to note that an online trading license restricts the holder from engaging in any trade or business activity other than the one for which it was issued. Additionally, the license does not confer any property ownership to the holder.

Obtain Your Trade License Easily with Compliance Gurukul

Compliance Gurukul offers comprehensive assistance in obtaining a trading license in India, simplifying the complex process for businesses. Our team of experts guides clients through every step, from application submission to obtaining the license. With extensive knowledge of the regulatory requirements and procedures, we ensure that all necessary documents are accurately prepared and filed with the relevant authorities.

By choosing Compliance Gurukul, businesses can save time and effort, ensure compliance with legal requirements, and expedite the process of obtaining a trade license.

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Eligibility Criteria to Apply for Trade License

The eligibility criteria to Apply for Trade License are listed as follows:

  • Meeting Legal Age Requirement: Applicants must be over 18 years old to be eligible for a trade license.
  • No Criminal Records: Applicants should not have criminal records to qualify for a trade license.
  • Legally Permissible Business: To be eligible for a trade license, the proposed business must comply with all legal requirements and regulations.

Documents Required to Apply for Trade License

The following documents are required to apply for Trade License :

  • Completed Form-353: The application form provided by the municipality must be duly filled out and submitted.
  • Letter of Approval: A letter of approval from the proprietor or a neighbouring commercial real estate owner may be required
  • City Census Map: The city census map indicating the location of the retail property is necessary.
  • Tax Statements: Tax statements related to the property or business may need to be submitted.
  • Building Plan (if applicable): A building plan may be required if the company deals with explosives or toxic materials.
  • Additional Documentation: The Municipal Ward Officer may request additional documentation during registration.

Timelines

A sole Trade License firm registration can normally be done in India through Compliance Gurukul in max 2 weeks. However, the timelines for registration will vary from case to case, depending on the government and bank processing timelines.

Trust Registration FAQ's

A Trade License meaning is defined as an official document issued by the Municipal Corporation allowing an individual or business to engage in a specific trade or business activity within a designated area, ensuring compliance with local safety and health standards.

Trade Licenses are issued by the licensing department of the Municipal Corporation, which includes departments such as industries, engineering, and health, based on local government regulations.

It ensures businesses adhere to safety, health, and ethical standards, promoting public safety and fair market practices, making it crucial for business legitimacy and societal harmony.

To regulate and control business activities, ensuring they do not negatively impact the surrounding environment and community, and to uphold ethical and legal business practices.

It ensures legal compliance, enhances public safety, boosts business credibility, aids in regulatory compliance, provides access to government support, establishes business legitimacy, and facilitates expansion.

Obtain and fill out the application form, submit it with required documents and fee, undergo possible municipal inspection, and receive the license upon approval.

Start Trust Registration