To operate legally and efficiently in today’s business environment, various licenses and registrations are essential. A business must first obtain a trade license, which grants the authority to conduct specific commercial activities. Additionally, registering for a Tax Identification Number (TIN) is crucial for tax compliance, while a Business Identification Number (BIN) is required for factory or establishment operations.

VAT registration is necessary for businesses involved in the sale of goods and services, enabling them to collect and remit value-added tax appropriately. For companies engaged in international trade, securing an Import Registration Certificate (IRC) and Export Registration Certificate is vital for facilitating cross-border transactions.

Moreover, obtaining a Customs Bond License (ERC) ensures compliance with customs regulations, allowing businesses to manage their import and export activities seamlessly. Safety and environmental standards are also critical; thus, acquiring a Fire License and an Environmental Clearance Certificate is necessary to meet regulatory requirements and ensure the well-being of employees and the community.