Frequently Asked Questions
Q1: Is Trade License mandatory for all businesses?
A1: Yes, required for most commercial activities.
Q2: Who issues Trade License?
A2: Local municipal corporation or local authority.
Q3: What is the validity of Trade License?
A3: Usually valid for one year, subject to renewal.
Q4: Can Trade License be transferred?
A4: Transfer depends on municipal rules and approval.
Q5: What happens without Trade License?
A5: Fines, penalties, or business closure may occur.