Licenses

FSSAI, Trade Licenses, Shop and Establishment Act and Import Export Code

Licenses

Trend Setter Associates look at some of the most commonly obtained licenses or registrations for a business. To determine the exact requirement for your business, get in touch with a Trend Setter Associates Business Adviser. To begin a business is to succeed. Starting up a business in India is not that much easy thing to undergo. Recent days there are so many Entrepreneurs developing in the country. Thus for those people most commonly referred to licenses and registrations are required to run a legal business in India.

Introduction

Obtaining Licenses are Mandatory, before you can begin to start your business legally. It helps in all aspects and permits in all places.Business Licenses are required for the purposes to identify your business and make sure that you are accountable for your action, to protect the public health & safety, to keep track of your finances for tax purposes. It will be a protection for you, your business, your employees, your customers. It will create privacy for the person, will create the trust among the customers and it is good for the economy also.

By not being complaint with the necessary licenses, it could leave you unprotected legally, may lead to severe penalties and can jeopardize your business.The process of obtaining license changes from one type of business to the other, based on various determining factors like the number of employees, sector, the type of business, the place of business etc.

Types of Business Licenses