If you want to start a business in Mumbai you have to follow some rules and regulations made by central and state governments. The first thing which you have to do is registering your shop under “MAHARASHTRA SHOPS & ESTABLISHMENT ACT”. This work is handled by BMC. What is Gumasta License?
Gumasta License is the License required to start any kind of business in Mumbai or Maharashtra. The Municipal Corporation of Greater Mumbai (MCGM) issue that license. Gumasta License is the local name for the shop and establishment license. This license will give you legal recognition which can be used to avail any government scheme.
Documents Required For Gumasta License in Mumbai
1 Aadhar Card
2 PAN Card
3 Electricity Bill (For Address Proof)
4 Partner’s Idb(If you have any)
5 Proof of the ownership
Types of Entities for Gumasta License (BMC shop & establishment license)
There are mainly three types of business entities in India.
1 Proprietorship Firm
Most of the businesses in India are registered under Proprietorship Firm. It does not make any distinction between you and your business. Sole Proprietorship Firm is mainly for single individual shops or business owners.
The documents needed for sole Proprietorship are all above mentioned except Partner’s Id.
2 Partnership Firm
If the business is not owned by a single person then you can register a partnership firm. For that, you will also need your partner’s documents and id.
3 Private Company
This is mainly for small to medium size companies. For more details, you can take the help of a CA.
How to Apply for Gumasta License In Mumbai
Applying for Gumasta license is both online and offline. I would suggest doing it online. There are a lot of CA firms that can help in getting “shops and establishment license” but they charge fees ranging from Rs 1500 to Rs 5000. The online process of getting Gumasta License is not difficult. So you can do it yourself.
1 First, go to the website https://portal.mcgm.gov.in/irj/portal/anonymous/qlshopregFormA. If you already generated a business application number then select yes otherwise select no
2 Then a form will appear which you have to fill.
3 After that, the Challan Number will be generated. Then you pay the fee and print the form containing UTN number.
4 Go and submit that form along with the above-mentioned documents to the Shop License Dept. of your local BMC ward.
5 An inspector may come to your business location. After the inspection, you will be issued Gumasta License.
The offline process is also not that much different. First, you have to download the form from the above-mentioned website. Then fill up the forum and visit your local BMC ward. There you will have to submit the fees and other relevant documents.
Why Gumasta license is required?
There are many benefits of the Gumasta license. It gives you the legal right to operate any business operation in Maharashtra. If you want to open a business account then the bank will ask you for Gumasta License. It will also helpful for availing any kind of government subsidy or scheme.
This License may come very handy during any legal battle in the future.
Shop and Establishment license will protect your business from any kind of penalties or punishments from BMC.
Gumasta license is valid for 1 year. After that, you have to renew it again. If you want to renew your Gumasta license or want to check your application status then you can visit the official website of BMC(mcgm.gov.in).