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Types of Business Licenses and
Certification in India
Introduction:
• Business license certificate are permits issued by government agencies
that allow companies to conduct business within the government's
geographical jurisdiction.
• It is the authorization to start a business issued by the local government
• Business licenses vary between countries, states, and local municipalities.
Shop Establishment Certificate
• The Shop Establishment registration is a state -based registration required
while establishing a hotel, shop, or any commercial place.
• Enacted by states to regulate conditions of work.
SSI / MSME certificate
• SSI or Small Scale Industry Registration is a registration from the Ministry
of Micro, Small and Medium Enterprises.
• Once a business obtains SSI registration, the business becomes eligible for
a number of schemes and subsidies promoted by the Government to boost
small businesses in India.
Goods and Services Tax
• Goods and Services Tax ("GST") is the indirect tax levied in India and
subsumes different taxes such as service tax, excise duty, VAT, entry tax and
customs duty, into a single tax system.
• GST was introduced to reduce complexities and compliances of doing
business for millions of small businesses in India.
Food Safety and Standards Authority of India (FSSAI)
• The FSSAI has been established under the Food Safety and Standards Act,
2006 which is a consolidating statute related to food safety and regulation in
India.
• FSSAI is responsible for protecting and promoting public health through
the regulation and supervision of food safety.
International Organization for Standardization
• The International Organization for Standardization (ISO) is an international
standard-setting body composed of representatives from various
national standards organizations.
• Over twenty thousand standards have been set by ISO
• The standards help businesses increase productivity while minimizing errors
and waste.
Import Export (IE) Code
• Import Export (IE) Code is a registration required for persons importing or
exporting goods and services from India.
• As IE code registration is one-time and require no additional compliance, it is
recommended for all companies and LLPs to obtain IE code after
incorporation.
Conclusion:
• Thus, obtaining the business license facilitates the company
or individual to conduct business within government
jurisdiction.
Types of business licenses and certification in india

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Types of business licenses and certification in india

  • 1. Types of Business Licenses and Certification in India Introduction: • Business license certificate are permits issued by government agencies that allow companies to conduct business within the government's geographical jurisdiction. • It is the authorization to start a business issued by the local government • Business licenses vary between countries, states, and local municipalities.
  • 2. Shop Establishment Certificate • The Shop Establishment registration is a state -based registration required while establishing a hotel, shop, or any commercial place. • Enacted by states to regulate conditions of work.
  • 3. SSI / MSME certificate • SSI or Small Scale Industry Registration is a registration from the Ministry of Micro, Small and Medium Enterprises. • Once a business obtains SSI registration, the business becomes eligible for a number of schemes and subsidies promoted by the Government to boost small businesses in India.
  • 4. Goods and Services Tax • Goods and Services Tax ("GST") is the indirect tax levied in India and subsumes different taxes such as service tax, excise duty, VAT, entry tax and customs duty, into a single tax system. • GST was introduced to reduce complexities and compliances of doing business for millions of small businesses in India.
  • 5. Food Safety and Standards Authority of India (FSSAI) • The FSSAI has been established under the Food Safety and Standards Act, 2006 which is a consolidating statute related to food safety and regulation in India. • FSSAI is responsible for protecting and promoting public health through the regulation and supervision of food safety.
  • 6. International Organization for Standardization • The International Organization for Standardization (ISO) is an international standard-setting body composed of representatives from various national standards organizations. • Over twenty thousand standards have been set by ISO • The standards help businesses increase productivity while minimizing errors and waste.
  • 7. Import Export (IE) Code • Import Export (IE) Code is a registration required for persons importing or exporting goods and services from India. • As IE code registration is one-time and require no additional compliance, it is recommended for all companies and LLPs to obtain IE code after incorporation.
  • 8. Conclusion: • Thus, obtaining the business license facilitates the company or individual to conduct business within government jurisdiction.