Mandatory For |
Who Can Register |
Fees |
Stipulated Time |
---|---|---|---|
For Business Having Less Than 9 Employee | Proprietor/ Partnership / Pvt.Ltd Firm | Rs.699/- | 24 t0 48 Business Hours |
For Business Having More Than 9 Employee | Proprietor/ Partnership / Pvt.Ltd Firm | Rs.2,399/- | 2 to 4 Working Weeks(Subjected to Approval From Authority) |
Gumasta license is a type of registration required to do any kind of business in the state of Maharashtra. To start any type of business in Maharashtra, entrepreneurs require Gumasta License. This license is governed by Municipal Corporation of Mumbai and/or Labour Department under the Maharashtra Shops and Establishment Act, 2017. Gumasta License provides the authority to entrepreneurs to start their businesses at a particular place, area or location that exists anywhere in Maharashtra, India.
Gumasta License is required to be obtained by business owners, entrepreneurs, self-employed professionals, public and private limited companies, sole proprietorship, partnerships and LLPs that want to open physical shops, hotels or commercial places in Maharashtra.
Gumasta License is necessary for all businesses employing less than 9 employees (Intimation Certificate will be issued) OR business having 10 or more workers(Gumasta Certificate verified by authority) in a shop or establishment. This certificate or license helps in the regulation of the benefits of employees in the condition or situation they work and aspects regarding payment and rules of their employment. This license or certificate is the basic or mandatory requirement to get recognized by all the banks and NBFCs working for people in Maharashtra.
" As the license for establishing any form of shop and establishment is governed by the Maharashtra council, an applicant requires the Gumasta License/shop and establishment registration to carry out any work coming under the purview of the establishment registered under this act. There are different benefits of taking a Gumasta license in Maharashtra:"
> Once this license is taken out the applicant can avail different forms of tax and subsidies that are offered by the government of Maharashtra. Such tax and subsidies would only be available to the applicant after securing the Gumasta License.
> Once the applicant takes out the Gumasta License in Maharashtra, the applicant can start the operations of the business. This not only serves the purpose of a license but also acts as proof for carrying out business operations.
> Any business requiring registering under the respective shops and establishments act would have to comply with the requirement of taking a Gumasta License/shop act registration in Maharashtra.
> Once this license is taken out, the applicant can easily open a bank account. One of the main reasons for securing this form of license is that many businesses carry out transactions and require a bank account. Banks require the applicant to have this form of license to open a bank account for the business.
If an applicant or existing certificate holder wants to cancel the license, he/she shall
Submit a notice that should contain his/her statement, as he/she wants to cancel license or registration.
Secondly, if the employer fails to submit his/her statement along with documents within 10 days from the date of receipt of the notice, his/her registration may get cancelled.
Looking to register under the Shops and Establishments Act in Maharashtra? Follow this easy step-by-step guide to complete your registration through the LMS Maharashtra Government website quickly and efficiently!
Step 1: Access the LMS Portal
Step 2: Create an Account
Step 3: Log In
Step 4: Upload Supporting Documents
Step 5: Make Payment (If Applicable)
Step 6: Track Your Application Status
Step 7: Respond to Rejections (If Applicable)
Step 8: Download the Registration Certificate
Make the process even smoother by ensuring you have all the necessary documents ready and follow the instructions carefully. With step-by-step guidance and secure uploads, you can complete your registration without hassle!
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