What is a Trade Licence?
A trade license is simply a license or a certificate required for a business or individual to carry out operations. Usually, this license is provided by the respective state government for a particular municipal limit. This license will allow the applicant to open a business in a particular region. The applicant will have to ensure that the business is carried out as per the requirements of the license. The license does not allow the individual to secure the property or any form of legal entitlement of the property where the business is carried on.
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