Trade License has launched in India before 40 years. Trade license is considered as the path to regulate the specific type of business from a particular place. A Trade License Registration Online is actually a certificate of permission to carry on a specific type of business or activities at that particular premises for which it has been granted. It is granted under the State Government.
A trade license is a document/certificate that gives the permission to the applicant (person seeking to open a business) to commence a particular trade or business in a particular area/location. However, the license does not allow the holder to any other trade or business than for it is issued.
All companies require a business license, whether they sell online or from a brick-and-mortar storefront. … When you operate a business without the proper licenses, you risk heavy fines. In addition, the city or state may require you to cease operations until you complete the required paperwork.