Timeliness: Be aware of the expiration date of your current trade license. Most jurisdictions have a specific period before the expiry date when you can apply for renewal.

Renewal Notification: Some authorities send reminders, but it’s primarily the business owner’s responsibility to keep track of this.

The specific documents required for renewal can vary, but they often include:
•      The original trade license or Previous year’s trade license.
•      Proof of business address.
•      Identity and address proofs of the business owner(s).
•      Financial statements or records, if required.
•      No Objection Certificate (NOC) from the property owner, if applicable.
•      Any other documents that were required for the original license.

• This can usually be done online or at a local government office.
• Fill out the renewal application, which might be similar to the initial application form.
• Attach all required documents.

Fee Structure: The fee can vary based on business type, size, and location.

Payment Modes: Fees can often be paid online, though some places might require a bank draft or cheque.

Once you have completed the application and gathered all necessary documents, submit them to the appropriate authority. This can often be done online, but some places may require physical submission.

In some cases, the renewal process may involve inspections or additional requirements, especially if the business scope has changed or if there were previous compliance issues.

Once all procedures are completed and the authorities have processed your application, you will receive the renewed trade license. This can be in a physical or digital format, depending on the system.