- What are the objectives of Shop Establishment License?
All of the states within India have certain rules and regulations related to the working conditions of the employees. The objective is to secure similar benefits for all of the employees which are working in various shops, establishments, residential hotels or restaurants, commercial establishments, theatres and other places of entertainment or amusement requires Shop Establishment License.
- What regulations are there for the Shop Establishment License?
This act is useful for setting rules for the working hours for the week, the various guidelines related for spread over, opening and closing hours, rest intervals, religious and national holidays, closed days, rules related to the employment of children, rules for annual leaves, rules related to employment of women and young persons, rules for termination, general rules of employment, maintenance of the records of notices and obligations related to employers and the employees.
- What records should be maintained for the Shop Establishment License?
All businesses must seek approval from the Department of Labor and keep an updated record with regards to all the details of employment, the fines, any deductions or the advances, holidays and salaries under the Shops Establishment License. Shop Establishment License requirements however, may differ with regards to different states across the country. Files which relates to the annual holidays or the number of the employees have to be submitted to the office of the municipal corporation on a yearly basis.
- When is the Shop Establishment license requirement?
All Shop Establishment License must register themselves as soon as they commence work, within the first thirty days, with regards to this act. Since this is a basic license, it acts as a proof of a commercial business set up it acts as a prerequisite for the acquiring of other business licenses. For example, it is needed by most of the banks, in order for you to open up a business account with them. To get Shop Establishment License, the PAN card or the business or of the business owner is required, as well as a copy of the sale deed or the rental agreement and a detail information of all the business employees.