If a business is being planned to start in any form of a factory, shop, or any other kind of establishment, then the industry must obtain a Trade Licence from the respective state Authority; the application is required to be submitted to the State Authority along with the documents and after which the concerned authority on the successful verification of the information provided will issue the Trade Licence. To administer a Trade Licence, the fees for obtaining the License from the municipal authority differ a bit depending upon the rules and regulations the municipal authority states. 

Having a Trade Licence ensures that the sources state that the business is eligible to operate in the indicated area and that the Trade Activity conducted in that particular area will not be hampering the health or the environment. In this write-up, we will discuss the advantages of obtaining a Trade Licence, the documents required, and the procedure.