Navigating the Gumastha License process: A step-by-step guide and explainer
This article will teach you everything you need to know about the Gumasta License.
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The Gumasta License works in the same way as the Shop Establishment License. In fact, it is the most common name for a shop establishment licence in Maharashtra. As a result, every business owner should be aware of the Gumasta License and its advantages. You should also be aware of the renewal process and other important aspects of the Gumasta License or Shop Establishment License.
This article will teach you everything you need to know about the Gumasta License.
What is the Gumasta License?
Gumasta License is the popular name for the Maharashtra State Shop and Establishment License. In other words, it is equivalent to a shop and establishment permit. As a result, in order to legally conduct business, every company must obtain a Gumasta License. Furthermore, it is required for all types of businesses and business entities. The Gumasta License certificate grants you the authority and legal rights to conduct business in a particular location. Every business, no matter how large or small, requires a Gumasta License, which is governed by the Municipal Authority of Maharashtra and operates under the Shops and Establishment Act of 1948.
Benefits of Gumasta License
The benefits are written below:
Obtain legal permission to conduct business.
Evidence that your company is legal and has a legal entity
Maharashtra Government Tax Subsidies for Gumasta License Aid in Obtaining Business Loans
Most banks only open current bank accounts if you have a Gumasta License and a shop establishment licence in Maharashtra.
The Gumasta License can be obtained online.
Categories under the Gumasta license
This requirement applies to all organizations that fit into any of the definitions or categories listed below, and any organization with 10 or more employees must obtain this license within 60 days. The establishment types are as follows:
Premises from where the services are provided to customers
Retail shops
Wholesale shops
Residential hotels
Restaurants and eateries
Any public amusement park, theatre, or entertainment zone
Store-rooms, warehouses, and godowns
Documents required for a Gumasta License
The documents required for a Gumasta License or shop establishment licence may differ depending on the type of business and business entity. The following are the most basic documents required for a Gumasta License Online Application.
Sole Proprietorship Document Requirement for Gumasta License
Aadhar Card/PAN Card
Photo of the sole proprietor
Address Proof Electricity Bills, Rent Agreement, Sale Deed Copy, NOC from Owner, Gas or Water Bill
Application form
Authority Letter from Mumbai Municipal Corporation for Business
A copy of the RBI Letter and a Registration Certificate incase of charitable trust
Ownership Proof of the business premises
Partnership Firm Document Requirement for Gumasta License
Partnership Deed
PAN Card of Partnership Firm
Aadhar Card/ PAN Card of all the Partners in the Partnership Firm
Other details of the Partners and their address proof
Application Form in a prescribed manner along with the Government Fees
Private Limited Company Document Requirement for Gumasta License
Select the registering procedure as individual or organization
Provide your mobile number and email and complete the OTP verification and obtain portal access.
Enter your login and password and login for services
Select New Registration of Shops and Establishment
Select Registration – Form A, fill the online form and submit
Upload all the required documents on the platform
Pay application fee online.
FAQ on Gumastha
Here are some potential frequently asked questions (FAQs) about Gumasta Licenses:
What is a Gumasta License?
A Gumasta License is a type of business license or permit required for individuals or companies to conduct business activities in the state of Maharashtra, India. It is also known as a Shops and Establishment License.
Who needs a Gumasta License?
Any individual or company conducting business activities in the state of Maharashtra, India, is required to obtain a Gumasta License.
What are the requirements for obtaining a Gumasta License?
The specific requirements for obtaining a Gumasta License may vary depending on the type and nature of the business, as well as the location where the business is being conducted. Generally, however, the applicant must be registered or incorporated as a business, have a valid tax registration, and provide other necessary documents as specified by the relevant government agency.
How do I apply for a Gumasta License?
The process for applying for a Gumasta License typically involves filling out an application form and submitting it, along with the required documents, to the relevant government agency. The agency may have specific instructions and requirements for the application process, so it is important to check with them directly.
What are the fees for a Gumasta License?
The fees for a Gumasta License may vary depending on the type and size of the business, as well as the location where it is being conducted. The relevant government agency will be able to provide information on the specific fees for a Gumasta License.
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