Gumasta License Registration Process & Documents
Gumasta license – Registration Process, Documents Required, Advantages
Gumasta License is a mandatory registration required for doing any kind of business in the state of Maharashtra. Gumasta license is the license obtained under the Shops and Establishment Act of Maharashtra. Every person who establishes a business needs to obtain the license under the Shops and Establishment Act of that respective state.
Each state has its own Shop and Establishment Act. Thus, the shop and establishment licence varies from state to state. The general provisions of this Shop and Establishment Act across all states remains the same. However, the business owner needs to obtain the license under the Shops and Establishment Act of the state in which he carries on business. Gumasta License
Gumasta License is a registration required for doing any kind of business in the state of Maharashtra. It is governed by the Municipal Corporation of Mumbai under the Maharashtra Shops and Establishment Act. This is a certificate which provides you the authority to do your business at a particular place. This license is a basic requirement for any business to be recognized by Government or Bank for all business irrespective of whether it is done by a single person or big organization.
Obtaining Gumasta ensures your business can be developed without many complications and it is very important for opening a current account or obtaining any loan from the bank. Without this license in the Maharashtra State, obtaining GST registration is not possible.
Steps to be followed for Registration under Shop and Establishment Act
- This registration form can be applied through the website – https://lms.mahaonline.gov.in/
- Create a new account under ‘Create Employer User Account’ by providing the e-mail id, password and other information.
- After the creation of the account, log in to the account on the
- https://lms.mahaonline.gov.in/ website.
- Click on the ‘Shops and Establishment Registration’ tab on the left side of the page and click on ‘Registration Form A’ under it.
- Fill in the ‘Registration Form A’, upload documents, pay the fees online and submit it.
- Once the form is approved, the Registration Certificate will be sent by e-mail or it can be downloaded by logging into the website and clicking on ‘Download Registration Certificate’ on the right side of the screen.
Registration Certificate has to be submitted to the Area Inspector within 30 days of starting the business.
Documents required to obtaining a Gumasta License
Listed below are the documents required for the registration, apart from the general documents there are certain specific documents required to be submitted for Partnership and Company which are separately mentioned below:
| General/Sole Proprietorship | Partnership | Private Company |
| Aadhar card/ Pan Card/ photo | Partnership Deed | Memorandum and Article Of association |
| Address proof (like Electricity bill) | Partnership Firm’s Pan | Certificate of Incorporation |
| Application Letter in the prescribed format | Partner’s ID proof – Address and Identity | Company Director’s ID proof – Address and Identity |
| Authority letter for business | Prescribed Fees for a partnership Firm | – |
| Proof of ownership of Property | – | – |
Advantages of Applying for Gumasta License
Listed below are some of the benefits which small business can attain by registering for Gumasta license:
- Once you register for Gumasta license, you can avail for all the benefits and tax subsidies from the Maharashtra State Government available for this scheme.
- It serves as a proof of legal entity which gives you the right to conduct business in the Maharashtra State.
- Any business would require a business bank account to collect money from customers. Most banks demand the Gumasta license as proof of identity to open a business bank account.
Created & Posted By Kiran
Marketing Expert at TAXAJ
TAXAJ is a consortium of CA, CS, Advocates & Professionals from specific fields to provide you with a One-Stop Solution for all your Business, Financial, Taxation & Legal Matters under One Roof. Some of them are: Launch Your Start-Up Company/Business, Trademark & Brand Registration, Digital Marketing, E-Stamp Paper Online, Closure of Business, Legal Services, Payroll Services, etc. For any further queries related to this or anything else, visits TAXAJ.
TAXAJ Corporate Services LLP
Address: 1/11, 1st Floor, Sulahkul Vihar, Old Palam Road, Dwarka, Delhi-110078
Related Articles
Import Export Code Application Process
IEC (Import Export Code) – How to Apply for It, Benefits In this age of cut-throat competition, everyone wants to grow their business beyond the limits of the domestic market. However, doing business globally isn’t just a cup of tea for everyone. ...
Apostillation & Notary Meaning Explained
Apostille vs. Notary: What’s the Difference? As our life becomes more intricately connected on a global level, apostilles allow businesses and individuals to ensure the legitimacy of their international proceedings without significant delay. Though ...
Apostilation and Consularisation Rules for Foreign Subsidiary
Incorporation of Foreign Subsidiary Company: Names, Notary, Apostilation and Consularisation The Indian Companies Act, 2013 (“Act”) allows the incorporation of Subsidiary Company of Foreign Company in India. The Subsidiary Company of Foreign Company ...
Sedex Certification & Registration Process India
More transparency and confidence with the Sedex SMETA audit format The issue of sustainability has grown ever more important over the years. Besides being thoughtful in their use of natural resources, companies today must also promote ethical and ...
Consolidation of Foreign Subsidiary
Businesses today are not bound by national boundaries - many of these businesses do not only operate across borders, but also own subsidiaries in different countries. This, however, has implications on their accounting consolidation. Dealing with ...