Why to make an Online Shop Act License in Pune? Or Gumasta License in Pune?

Ans: The following are the reasons for preparing a Shop Act License or Gumasta License in Pune:

Usually a Shop Act License, also known as Gumasta License is prepared for various reasons. The primary ones are listed below:

1. Create Legal Entity
2. Protect Employee Rights
3. Secure Brand Value.

1. Legal Entity: Online Shop Act License creates a Legal Entity which has a unique standing of its own. Though a Shop Act License fulfils very basic requirement for a Proprietorship type of a business, it still does not, generate a Separate Legal Entity, like in the case of OPC, LLP or Pvt Ltd Company. But a Shop Act License in Pune and Mumbai is very instrumental in showcasing the Customers/Clients, specially the Lending agencies like Banks and other Financial Institutions a static Business body.  A Shop Act License creates a Unique Identification Number which links to all the details of the Owner of the Business. This can be very effectively used by Banks and Lending institutions in doing KYC and background checks in not only opening a Current Bank Account but also granting Loans and other grants necessary for running the business. 
2. Employee Rights: To secure the right of the Employees in providing basic rights like medical benefits, healthy working environment, replacement of faulty machinery for prevention of accidents, timely payment of wages, minimum basic wages, Bonuses, etc. A Shop Act License in Pune and Mumbai generally ensures that a fair working environment is created for every employee/labour. This is done by submitting the employee details while preparing the Online Shop Act License in Pune and Mumbai. 
3. Brand Value:  A Shop Act License in Pune and Mumbai,  generates a sense of authority to not only the Lenders but also the clients and customers. The Shop Act License in Pune and Mumbai creates a sense of authority and trust in the minds of the customers/clients. This is also apparent from the fact that every B to B Business, in case of a Sole Proprietor, needs a Shop Act License in Pune and Mumbai. This sense of authority apart from the quality of products and services creates a Brand Value to b recognised differently over a period of time.

For more details visit us: DOCUINKO

Summary

Service Type

Online Shop Act License

Provider Name

Docuinko,

Pune,MAHARASHTRA-411028,

Area

Pune, Mumbai

Description

Benefits of Online Shop Act Licence in Pune and Mumbai