Business licenses are permits issued by government agencies that allow individuals or companies to conduct business within the government’s geographical jurisdiction. It is the authorization to start a business issued by the local government. The business activity determines most license requirements. Other determining factors may include the number of employees, location of business and the form of business ownership, such as sole proprietor or corporation.
Business licenses are not limited to new business owners. Companies already established need to file renewal applications after a certain period of time. Many businesses often require more than one license and permit to legally operate, a process that can be expensive, time-consuming, and frustrating to deal with. Although it may seem like a tedious process, it is important a business owner abide by the law and obtain the necessary certification to operate their business. Going forth with operations without the security of legal documentation is considered illegal, and it puts the business owner at risk for permanent closure, heavy penalties and interest, etc., if they are found in non-compliance.
ONE TIME REGISTRATIONS:
- In accordance with the action plan, SDK to initiate one time registration activities like Shops Registration Certificate, Contract Labour Registration Certificate etc.
- An account owner to be assigned who would take care of the overall implementation and ensure day to day activities and will be based at SDK Mumbai HO.
- Account owner would in turn coordinate with CLIENTHR for data and document requirements.
- Regional local support will be provided by local SDK CRM SPOC.