What is a Trade License?
Trade License is one of the compulsory registrations to be made to start and conduct your business activities. The Trade license is issued by the State Government. The license is generally issued for 1 year and it can be renewed every year. This license is issued specifically for the trade for which it is applied for. It is a license issued to trade and doesn’t pass on any ownership. There are different categories of trade license: Industries license, shop license, food establishment license.