What is the Validity of a Trade License? | Legal Terminus
A trade license granted through trade license registration is valid for a period of 1 year. This means that businesses need to renew their license annually to continue their operations legally. Renewal ensures that the business remains compliant with the latest regulations and standards set by the municipal authorities. Failure to renew the trade license on time can lead to penalties, fines, or even the suspension of business activities. To know more about trade licenses, contact Legal Terminus today.