Trade License

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Trade License is a certificate/document which grants the permission to carry on a particular trade or business for which it is issued. It does not confer ownership of property or permission for any other activity other than for which it is issued.

The License Department is the authorized department by the municipal corporations which issues licenses in consultation with other specialized consultative departments like Fire Brigade, Health, Engineering, Estate and others of same type.

In perspective of this, it is important for any business establishments to take fundamental licenses from the License Department before starting manufacturing, exchange or storage of any activity/commodity.

Now the question is where or how to get your business license? Getting your license will depend on the type of business you are involved in and location of your business. Who issue these licenses? Usually your local municipality issues a business license if your business is confined to that local area only. Here we will discuss about getting the license for sole proprietorship businesses only. What does sole proprietorship mean? It means you are the only owner of your business and no other partner involved in it and all investments, profit and loss is yours. If you are not a sole proprietorship business you may require additional state and federal level licenses and permits and also need to register your business (company). There is a difference between getting a business license and registering a business.