Trade Licence is an official permission issued by the concerned local municipal authority or government body to allow a business to carry out specified commercial activities legally within a particular area.

Key points:

• Provides legal authorization to operate an applicable business.
• Helps ensure compliance with local health, safety, and business regulations.
• Requirements and fees may vary depending on the business type and location.
• The licence may need periodic renewal as prescribed.
• It improves business credibility and regulatory compliance.