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Any business in India needs to be registered under the Shops and Establishment Act. With Swarit Advisors, get it done in the most hassle-free manner possible.
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Overview of Shop and Establishment License A Shop Establishment Certificate is required when an entity or a business starts employing people as full-time employees, casual workers, contract-based, etc., to regulate and administer the working conditions and also to ensure that their rights are protected. Moreover, it is also known as the Shop License informally. Hence, the phrase "Shop and Establishment License" refers to a Certificate or License issued to the business, professions, and trade registered under the provisions of the Shop and Establishment Act. Further, it is noteworthy to note that all the rules and regulations of this Act are governed and administered by the Department of Labour.
Benefits of Shop and Establishment License It provides legal acknowledgement to the particular shop or establishment. It acts as an essential Registration for further registrations. This License acts as business proof. Hence, it helps in obtaining additional registrations in India. Further, shops cannot open a bank account without a Shop and Establishment License. Hence a Shop and Establishment License is mandatory for opening a bank account in the name of a shop or establishment. Shop License helps in raising investments by way of Venture Capitals or Loans for the proposed business establishment.
Documents Required for Shop and Establishment License Identity proof such as Aadhar Card, PAN Card, Driving License, Voter ID. Employer’s latest passport-sized photograph. Photo of the Establishment or Shop along with the employer. Copy of Rent Agreement, in the case of the rented premise or property. Any utility bill of the working premises such as electricity bills, water bills, mobile bills, etc. However, the said utility bills should not be 2 months older.