Shop & Establishment

Following are the benefit of the shops and establishment act.

Legal Entity Proof-Shop registration provides legal entity proof which gives you the right for doing the business.

Business Bank Account- On the basis of shop Act registration, you can effortlessly open a business bank account.

Government Benefits- If you obtain the shop act registration, then you can easily avail yourself of the government benefits.

Lifetime Certification- Shop Act registration also gives you the lifetime valid certificate, so it is not required for renewal, and renewal cost is nil, and it’s just a one-time cost for the same.

DISADVANTAGE

• Distance: As the departmental stores are normally located in the central places, people living at a distance cannot receive the advantage of the departmental stores.
• High Cost of Operation: The cost of doing business is very high in the case of departmental stores as they have to pay huge rents, salaries to staff and spend much on various facilities provided to the customers002E
• Higher Prices: Due to the high costs of operation and establishment, the prices of commodities in departmental stores are comparatively very high. And poor people are not afforded the advantage of a departmental stores, only the wealthy people can afford to take advantage of the departmental stores.

As an owner of a shop or establishment, you are must require to get the same registered under the Shops and Establishment Act. Here are the specific rules:

Submit an application in the prescribed form and prescribe fees to the  Inspector within 30 days of starting any work in your shop/establishment. The application is to be submitted along with the prescribed fees and also should contain all the following information:

1.  name as the employer and the name of a manager, if any;
2. The postal address of your establishment;
3. The name of the establishment;
4. Such other content as may be prescribed.

Upon receiving the application for registration and the fees, the Inspector shall confirm the accuracy and correctness of the application. Once suitably satisfied, he shall enter the all details in the Register of Establishments and issue a registration of the certificate of your establishment to you. The certificate will be valid for a period of 5 years and has to be renewed thereafter.

It is very important that the registration certificate has to be prominently exhibited at your establishment

following are the documents required

• Shop or Establishment photograph at the entrance with Name Board in vernacular language
• , MOA & AOA of Company / LLP Agreement of the Company or LLP, Certificate of incorporation
•  PAN card copy
• List of all Directors or Partners and their ID & Address proof
• Copy of Board Resolution or Consent of partner
• Proof of address of Company/LLP/Partnership/Proprietorship
• All essential details of all the employees if any.