How Do I Obtain A Gumasta License In Mumbai?
Starting a business in a metropolis like Mumbai is another challenge. As one of the largest states in India, Maharashtra has a population of 12.4 million. Most famous for the narrow and busy streets with varied food stalls, clothing stores, and establishments scattered around every corner. Many aspiring business people aspire to establish a stable position in the Mumbai business industry. The first step to beginning any business in the city of dreams is to get a Mumbai Gumasta license. The Gumasta License, issued under the Shop and Establishment Act, is essential for operating a business with legal permission.
2022-07-09 05:09:26 - Jayesh Vaidya
A Brief Overview Of Gumasta License:
The Gumasta License is a legal permit required to design a business structure in Mumbai. The Maharashtra Municipal Corporation regulates the distribution of the Online Gumasta License under the Maharashtra Shops and Establishment Act. It allows a person to conduct business in a specific area. Whether you are a sole proprietorship, partnership company, or a private company, the Gumasta license gives you a different identity in the eyes of the law and regulatory bodies.
Advantages Of Gumasta License In Mumbai:
- The Maharashtra State Government offers a variety of benefits and tax subsidies to businessmen with a Gumasta License.
- It proves that your company/business is a legal entity in Maharashtra.
- A separate bank account must be opened to start a shop or establishment. Thus, the Gumasta license serves as proof of identity for your company.
A-List Of Documents Required For Gumasta License Registration
Documentation is essential in the registration process for the Gumasta license in Mumbai. So, look at the table below to identify the documents required for the different company forms.
Sole Proprietorship/One Person Company:
- Pan Card/Aadhar Card/Applicant's photo
- Authority letter to run the business
- Ownership proof of the shop or establishment
- Application letter in a stipulated format
- Address proof such as electricity bill
Partnership Firm:
- Pan Card of the Partnership Firm
- Gumasta license fees to start the Partnership Firm
- Partnership Deed
- Identification proof of all the partners involved
Private Limited Company:
- Certificate of Memorandum of Association
- Certificate of Incorporation
- Identification proof of the company's directors
- Copy of Resolution letter in the name of the signing authority
- Article of Association
If the applicant for a Gumasta license is a cooperative society, a copy of the registration is required. Also, a charitable trust must provide the deed of incorporation and the trustee's name.
How To Apply For Gumasta License in Mumbai:
- Firstly, you need to go to the Municipal Corporation of Greater Mumbai official website.
- Then fill out the form in the Shops and Establishment section and submit it.
- There you generate a challan number for which you have to pay the appropriate fees at the bank to get the UTN number.
- Print out your form and attach all the required data/documents sent to the Maharashtra shop or establishment department.
- At this stage, you should wait for the application to be approved while the officer goes through the verification process.
- In addition, the officer can visit your shop or establishment if necessary.
- To track the position of your application, you can use the "Check status" option available in the citizen portal. Enter the unique request number or transaction ID to use this feature.
- For more information visit the official website of Sarkari Suvidha.
How Much Time Will Take It To Finally Get The Gumasta License?
As for the biggest concern, it usually takes 10-15 days after Gumasta application submission. Suppose all the information provided is authentic, including proof of address and application letter in the prescribed format. In that case, the Gumasta license will be approved by the Municipal Corporation of Greater Mumbai within ten days.
Online Renewal Of Gumasta License:
A Gumasta license is held for up to one year and may be granted for the following ten years. Therefore, submit a Form B Gumasta License Renewal Application to the Authority each year when your Gumasta license expires. You must submit the renewal request at least 30 days before the expiry date of the certificate of registration.
Steps To Follow For License Cancellation:
There is a chance that a shop or establishment may want to go out of business because they are not making much income or have accumulated debt—days after cessation of commercial operations due to license termination. After considering the application for closure, the inspector will remove the name of the business or facility from the official register and cancel its Gumasta registration certificate.
Need help in growing your business? If you care for your business and want to see it at the top like them, you can contact Grow Media Digital. Grow Media Digital is a one-stop solution for every digital need. For More Details, Visit Our Official Website: https://www.growmedia.digital/