If you own a food business, then you need to get familiar with two acronyms – Shop Act registration and FSSAI registration. Both are necessary for any food business operating in India.
Shop Act Registration – This is a license issued by the state government that allows you to operate a retail business. The shop act registration must be renewed every year. If you have more than one outlet, then you need to obtain a separate license for each one.
FSSAI Registration – This is a license issued by the Food Safety and Standards Authority of India that allows you to sell food products. The FSSAI registration must be renewed every three years. You will also need to obtain a food license if you are transporting food products or manufacturing food products.
If you are planning to start a food business in India, then you need to get familiar with Shop Act registration and FSSAI registration. Both are necessary for any food business operating in India.shop act registration allows you to operate a retail business and it should be renewed every year and FSSAI registration allows you to sell food products and it should be renewed every three years. You will also need to obtain a food license if you are transporting food products or manufacturing food products. so these are the things which you should keep in mind before starting your own food business in India.
Why Do You Need These Registrations?
Shop Act Registration and Fssai License are both required by law if you want to engage in retail trade or deal with food products respectively. These registrations help to ensure that businesses operate within the legal framework and adhere to safety standards. Additionally, these registrations allow customers to identify businesses that are operating legally and holding proper licenses. Conclusion: Therefore, if you are planning on starting a business in India that involves retail trade or food products, make sure to obtain the necessary Shop Act Registration or Fssai License before commencing operations. Not only is it required by law, but it will also give customers peace of mind knowing that they are dealing with a legitimate business
What is MSME?
MSME stands for Micro, Small, and Medium Enterprises. These are businesses that employ a small number of staff and have low capital investment. MSMEs are important because they are the backbone of most economies. They contribute to economic growth and provide jobs.
In developed economies, MSMEs account for 99% of all businesses and 60-70% of employment. In developing economies, MSMEs account for up to 95% of businesses and 50% of employment. MSMEs are crucial for inclusive economic growth because they provide opportunities for people who may not have access to traditional forms of employment.