Know About the Business Licenses in India

Thinking of an idea for a business is the first step. Setting up a business by following the essential process is the next step. The business setting process includes giving your business a legal identity by getting it registered with the designated department, obtaining the necessary certificates, licenses, and other documents on the basis of business structure is the step towards success.

Registration and licenses are a part of business in India. It is mandatory for every businesses operating in the country. The necessary permits, certificates, and Licenses are issued in India by administration of designated municipality and related departments authorized by the state or central government as required by the law in India.

The Need for Business Licenses, Registration & Permits

The obtained permits, certificates of registration, or licenses allow you to operate at a location, get engaged in the allowed activities, productions, or permitted services. These licenses also aim at keeping a check on all the businesses and make them follow the laws and business standards strictly. Any entity not abiding by the business laws will be penalized and necessary legal actions can be taken against such entities. If you want to know about the Need Based Registration & Licenses, you can contact our experts at Valcus at your convenient time.

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About the key licenses and permits in India

There are eight major licenses and permissions types required and available for businesses in the country. The need for it will depend on the sector or type of business an individual or group of individual choose to do at a specific location.

Below are the 8 key licenses and permissions for businesses:

  • Company License
  • FSSAI Registration or License
  • Trade License for Indian Online Businesses
  • Import Export Code
  • GST Registration
  • A license a retail store in India
  • Register under Udyam
  • Licenses for an Indian Factory
The essential eligibility to apply for a Business License
  • The applicant applying for a Business License should have attained a minimum of 18 years of age
  • He or she should have no criminal record or background
  • The chosen company or product should be permishable by the law or legal for operation in the country.

    There are certain need based registration and licenses required for a business to stand as a legal entity. For the same there are a predefined procedure, documentation, and eligibility. Our teams of professionals at Valcus are expert in their profession. You can trust our team for your need related to the need based registration and licenses. Contact our team or allow us to connect with you for the necessary discussions.

Need Based Registration & Licenses

Frequently Asked Questions

Business licenses have a specific set of objectives. It makes a firm accountable for their varied operations, activities, and business practices. It also aims at protecting the general public health from hazardous chemicals, and products not permitted by the Indian law.

Obtaining a business license is essential for a particular individual to start a business in India. It is issued by the designated municipal corporations in your area of operation.

No, both are two different things. A business license is to give your company confirmation about company’s compliance with the state laws. A permit is the guarantee from the authorities that your business entity follows the defined safety & preventative measures.

The main objectives of licensing includes safety of the public,
protecting children from any kind of harm arising because of the operation of a company, the prevention of criminal and illegal activities, and the prevention of public nuisance.

The need for the registration and licensing in India is categorised primarily as:

FSSAI Basic Registration – for businesses having turnover upto Rs. 12 lakhs

FSSAI State License – for businesses with a turnover between Rs. 12 lakhs & Rs. 20 crore

FSSAI Central License – is needed for a business having turnover over Rs. 20 crores

A partnership firm registration is the best-suited registration in the case of a small business run by two or more individuals.

There are six industries that require licensing in the country. They are Distillation and brewing of alcoholic drinks, Cigars and cigarettes, Electronic aerospace and defence equipment, Industrial explosives, Hazardous chemicals, Drugs and pharmaceuticals.

You can visit the respective office or the dedicated website of the state governing authority or contact our team at Valcus for the help with a business license.

Valcus is a registered service provider with a pool of experts engaged in offering solution to the varied company registration, licensees, agreements, and other needs.

The charges at Valcus are highly competitive. You can consult our support team to know about the tentative charge for a particular service type.