Gumasta License/Shop Establishment

Start in 7 days

@ Rs. 499

(Total Fees)

Monthly EMI Option Available

What’s Gumasta License?

Gumasta License is a registration required for doing any kind of business in the state of Madhya Pradesh & Maharashtra. This is a certificate which provides you the authority to do your business at a particular place. This license is a basic requirement for any business to be recognized by Government or Bank for all business irrespective of whether it is done by a single person or big organization.

Obtaining Gumasta ensures your business can be developed without many complications and it is very important for opening a current account or obtaining any loan from the bank. Without this license in the Madhya Pradesh & Maharashtra State, obtaining GST registration is not possible.

Documents required to obtain a Gumasta License?

Proprietorship Firm

  • Aadhar card/ Pan Card & Passport Size photo
  • Address proof (like Electricity bill)
  • Rent agreement In Case Of Rental Property

Partnership Firm

  • Partnership Deed
  • Partnership Firm’s Pan Card
  • Partner’s ID Proof & Address Proof

Private Limited Company

  • Memorandum and Article Of association
  • Certificate of Incorporation
  • Company Director’s ID proof & Address Proof

Advantages of Applying for Gumasta License

  • Once you register for Gumasta license, you can avail for all the benefits and tax subsidies from State Government available for this scheme.
  • It serves as a proof of legal entity which gives you the right to conduct business in the Madhya Pradesh & Maharashtra State.
  • Any business would require a business bank account to collect money from customers. Most banks demand the Gumasta license as proof of identity to open a business bank account.