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Tax & Compliance

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trade license registration

Trade License Registration FAQ's

To get a trade license in Chennai, you can follow these steps:

1.Get in touch with our Vakilsearch expert
2.Submit the documents as per the requirements
3.We will file on your behalf and get the process done
4.Get your trade license delivered after the approval!

Your application will be reviewed by the Greater Chennai Corporation and you will be issued a trade license if your application is approved.
To renew your trade license online in Chennai, you can follow these steps:

1.Get in touch with Vakilsearch expert
2.Submit the details and documents for renewal
3.Our experts will file on your behalf the application
4.Your application will be renewed successfully!

Your renewed trade license will be issued electronically and you will be able to download it from the Greater Chennai Corporation website.
The cost of getting a trade license in India varies depending on the state and the type of business. Get in touch with our experts to know more.
Yes, a trade license is mandatory in Chennai for all businesses that have an annual turnover of ₹1 lakh or more.
To apply for an online trade license in Chennai, you must meet the following eligibility criteria:
  • You must be a resident of Chennai.
  • You must be at least 18 years old.
  • You must have a valid PAN card and Aadhaar card.
  • Your business must have an annual turnover of ₹1 lakh or more.

    If you meet all of the above eligibility criteria, you can apply for an online trade license on the Greater Chennai Corporation website.
  • A trade number often refers to a unique identification code or number that is issued by government authorities when a trade license is granted. It helps in tracking and regulating businesses.
    A trade license is a legal permit. Its purpose is to ensure that a business follows the rules, guidelines, and safety norms set by the local municipality. This promotes ethical and safe trade practices.
    Not securing a trade license can lead to penalties. These can range from fines to even shutting down the business. It's considered illegal to operate without a license where one is required.
    Any person intending to start a business is eligible. They should be above 18 years of age and hold no criminal record. They must comply with all the rules and regulations of the licensing authority.
    A trade license typically lasts for one year. It must be renewed annually. However, the validity period may vary depending on local laws and the type of license.

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