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Introduction

In India, obtaining the right trade license is important for legal operations, compliance and spontaneous business development. Whether you are starting a new venture, expanding your business, or entering a regulated industry, getting a proper license is a fundamental step. Each permit ensures compliance with industry-specific regulations, from the Import Export Code (IEC) to Food Safety and Standards Authority of India (FSSAI), from the Import Export Code (IEC) to International Trade.

Why Business Licenses Matter

 

Business licenses serve many objectives, including: 

• Ensure legal compliance with government rules. 
• Credibility and confidence between customers and stakeholders. 
• Avoiding punishment and legal complications. 
• Facilitates smooth business operations and expansion.

Essential Business Licenses in India

1. Import Export Code (IEC)

What is IEC?

IEC is a compulsory license for businesses engaged in import and export activities in India, issued by the Directorate General of Foreign Trade (DGFT). 

 

Process to get IEC: 

 

• Register on DGFT portal 
• Submit necessary documents like PAN, Aadhaar, Business Registration Certificate and Bank Details 
• Pay government fee and complete the application process online 
• Get IEC Certificate digitally 

 

Benefits of IEC: 

 

• Enables international trade Required for customs withdrawal.
• No renewal required (validity of lifetime).

2. Food License (FSSAI Registration)

What is FSSAI registration? 

The Food Safety and Standards Authority of India (FSSAI) makes this license compulsory for businesses involved in food making, processing, storage, distribution and sales. 

 

FSSAI license types: 

 

• Original registration: for small food businesses with annual trading of less than ₹ 12 lakhs.
• State License: Mider for medium sized food businesses with annual trading between 12 lakh and ₹ 20 crore.
• Central License: With an annual trading above ₹ 20 crore for big food businesses and engaged in imports/exports. 

 

Process to obtain fssai license: 

 

• Determine the appropriate range of license. 
• Apply on FSSAI portal with necessary documents. 
• Inspection by FSSAI officials (for state and central license). 
• Issue of license. 

 

Benefits of FSSAI registration: 

 

• Legal food related businesses.
• Consumers create trust. 
• Increases marketing capacity of food products.

 

3. GST Registration

What is GST registration? 

GST registration is mandatory for businesses, with ₹ 40 lakh (₹ 20 lakh for service providers) or annual turnover in interstate transactions. 

 

Process for GST registration: 

 

• Register on the GST portal. 
• Submit PAN, Aadhaar, Business Registration Certificate and Bank Details. 
• Verify through OTP and complete the application. 
• Get GSTIN (Goods and Service Tax Identification Number). 

 

Benefits of GST registration: 

 

• Legally recognized as supplier of goods/services. 
• Input tax credits enable claims. 
• Essential for inter -state trade operations.

4. Shops and Establishment License

What are shops and installation licenses? 

It is a state-specific license, required for all businesses working in commercial installations including shops, offices and restaurants. 

 

Process of obtaining this license: 

 

• Apply through the state government portal. 
• Submit business registration documents, identity proof and employee details. 
• Payment of fee and verification. 
• Issue of license. 

 

Benefits of Shops and Establishment License : 

 

• Staff ensures welfare and right compliance. 
• Compulsory to open current bank account.

 

5. Trade License

What is a trade license? 

A trade license is issued by the municipal corporations so that they can regulate specific types of business activities to follow safety and regulatory guidelines. 

 

Process: 

 

• Apply through the Municipal Authority. 
• Submit the required business documents and pay the required fee. 
• Inspection and approval process. 

 

Benefits: 

 

• Legally authorized professional operations. 
• Prevents legal complications and fines.

Why Choose Licit 360 for Business Licensing Services?

Navigating the legal scenario to obtain a professional license can be complex and time -consuming. Licit 360 provides end-to-end assistance in obtaining a business license with specialist guidance and hassle-free documentation. Why do business trust us here: 

 

• Expert Consultation: Our legal experts provide accurate guidance on the license required for your business. 
• Quick and Trouble -Free Process: We streamline documentation and application processes to reduce delay. 
• Compliance Assurance: We follow all legal needs to your business, prevent punishment and legal problems. 
• Low Pricing: Transparent pricing with no hidden cost.

Conclusion

Getting the right business license is an important step towards legally obedient and successful business. Whether it is an import export code, GST registration, or food license, each certification plays an important role in ensuring smooth business operations.

Licit 360 simplifies the licensing process with professional guidance, ensuring businesses meet all regulatory requirements effortlessly. Get in touch with us today and take the first step towards a legally compliant and thriving business!