The Ultimate Guide to Gumasta License

Gumasta license is a state license which is necessary and required for purpose of doing business and any commercial establishments in the State of Maharashtra. In this blog, we will briefly discuss Gumasta License. Here we will cover certain topics related to Gumasta license.

The topics will include-

• What is Gumasta License?
• Persons who require to obtain Gumasta License
• Benefits of Gumasta License
• Registration of Gumasta License
• Documents required for Gumasta License
• The validity of Gumasta License
• Cost of Gumasta License

If you are thinking about Gumasta License, then this blog will definitely help you. Let's start the tour of sharing ideas about Gumasta License.

What is Gumasta License?

In India, there are various types of license and Gumasta license is one of them.  Gumasta license is a state license which is necessary and required for purpose of doing business and any commercial establishments in the State of Maharashtra.

Gumasta license is also known as Shops and Establishment registration and it is governed by Mumbai Municipal Corporation under the Maharashtra Shops and Establishment Act 1948. Gumasta license governs shops as well as commercial establishments in the state of Maharashtra.

Persons who Require Obtaining Gumasta License

Persons who wish to open a new shop or commercial establishment in the State of Maharashtra are bound and obliged to obtain Gumasta License. Any citizen /company/employer who employees more than twenty employees is also required to obtain Gumasta License.

Benefits of Gumasta License

If you are planning to obtain Gumasta License, then you will be entitled to avail certain benefits. List of the benefits of Gumasta License is given below:

• If you obtain Gumasta License, then you can get the benefit of tax subsidies from the Maharashtra State Government.
• Gumasta License serves as proof of a legal entity to conduct business in the State of Maharashtra.
• Gumasta License gives a certified authority to every citizen and company for doing business through the shop or through any business at a particular place.
• Generally, a business requires a business bank account to collect money from customers. Most of the banks demand the Gumasta License as a proof of identity to open a business bank account. Gumasta License can be treated as a basic requirement for opening a current account and to get a loan from the bank and any other financial institution.

Registration of Gumasta License

If you are planning to take registration of Gumasta License, then Enterslice will help you and gives you a basic idea in this matter. Process for registration of Gumasta license is discussed below:

• Applicant seeks to take registration of Gumasta License can apply through the website and portal provided by Government. The website for registration of Gumasta License is www.mcgm.gov.in
• The form under the Shops and Establishment section has to be filled and submitted.
• After submission of the form, a challan number will generate and the applicant has to pay the required fee to get the unique reference number
• Print the form and with all required documents and submit them to the Shop License Dept. of Municipal Corporation
• The concerned officer will provide the Shop license after verifying the document
• The concerned officer after verification of the documents will issue the License
• If required, the concerned officer may visit the place where the shop is located.

Documents required for Gumasta License

If you wish to obtain Gumasta License, then you have to submit certain documents. Following are the list of documents-

1. Address Proof like Electricity Bills, Copy or Rent Agreement 
2. PAN card.
3. Authority letter sanctioned by Municipal Corporation of Mumbai
4. Proof of ownership of property

The Validity of Gumasta License

Gumasta license is valid for a period of one year, however, Gumasta License can be granted for a period of up to 10 years. Once, you obtain the registration a renewal application can be submitted each year at least thirty days before the date of expiry of the registration certificate for renewal of license.

Enterslice is one of the best companies dealing with Gumasta License and a number of experts are there who can help you to obtain Gumasta License within a few times.