In India, for commencing a trade or business in a particular area/ location, a document/ certificate giving permission to commence is required to be obtained. However, the license does not allow the holder to any other trade or business than for it is issued. Furthermore, this license does not pass on any kind of property ownership to the holder of the license.
The rules and procedures for obtaining a business license differ basis the jurisdiction of the state in which the establishment is situated and the sector in which the investment is to be undertaken.
We at AcuCorp Advisors provide you a clear understanding of the requirement to obtain a license with ease while setting up your business. We also provide you tentative sector-state wise requirement of licenses.