Papers required for photography and videography production house
Is trade licence compulsory for photography service? what are the other required legal papers required to run a photography and videography production house?
Trade license is mandatory in law. You need a trade license to start any type of new business in India. Government agencies can fine or close a business operating without the required business licenses. Thus, for every legal business or service activity, one needs to obtain trade license.
Moreover, additional documents required depends upon the type of company or establishment you decide to set up like sole proprietorship, Limited Liability Company, Cooperative, Corporation or Partnership. Sole Proprietorship would be a good option for your business due to minimal legal complexities, less expensive and rapid processing. You can register your publication house under sole proprietorship at your nearest local municipal corporation office. You need to submit the Shops and Establishment Form to complete your registration. Along with it, you are needed to submit an undertaking.
Documents required for registration of sole proprietorship:
Furthermore, the following documents are required for registration of sole proprietorship:
Security Amount as Fixed Deposit or minimum two surety of dealer for VAT Registration in some States.
The final step after registration would be the opening of a current account in the name of your business.
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