Description

Trade license is a permission certificate to operate a business within a particular place granted by the municipal authority. Trade License is very important because of the following factors: • Regulates and monitors the trading business in a particular place or locality • To ensure that there is no harm to the general public health due to the improper way of carrying on the business. • It ensures that the business operations applicable to the rules, regulations, and standards set. • It regulates the trading business by setting restrictions on certain commercial operations.