A place of business within a State, Corporation or Municipality will require a trade license from the concerned State Government or Corporation or Municipality for operating. Rules and regulations pertaining to trade license vary from state to state. Hence, to obtain trade license, the applicant must first understand the jurisdiction under which he/she is operating the business and the applicable Act.

Any citizen who wishes to open new shop or a commercial establishment wants to commence its business within the jurisdiction of State Government, has to register itself under the state shop and establishment act. The process and fee structure depends on the respective state labour laws and rules. You may open a current bank account by submitting this registration certificate in the bank.