Next, you are supposed to file about the company and the required loan account according to your business Step - 4: After filling the form, you are supposed to wait for the approval from the government.
Exemption Under the Act As per the provision of the act following companies are exempted from obtaining shop and establishment license: Establishment of legal Practitioner Foreign News Agencies Stalls in central and state government fairs or Exhibition that are organised simply for development of industries and science.