Maharashtra Shops and Establishments
(Regulation of Employment and Conditions of Service) Act, 2017
The Maharashtra Shops and Establishment (Registration of Employment and Conditions of Service) Act, 2017 regulates the conditions of employment and other conditions of service of workers employed in shops, residential hotels, restaurants, eating houses, theatres, other places of public amusement or entertainment etc. This act extends to whole of Maharashtra and is applicable only in Maharashtra as it is a State specific Act.
If an establishment has employed 0-9 employees then they will have to apply for Shop Act Intimation Every establishment employing less than 10 workers is required to give an intimation of having commenced the business to the facilitator (government authority) by submitting an application within the prescribed time and in a prescribed form.
If an establishment has employed more than 9 employees then they will have to apply for Shop Act Registration and if an establishment has already employed 0-9 employees and later if the employees exceed more than 9 then they will have to apply for Shop Registration.
Features or Benefits of the Shop & Establishment Registration
Legal Entity Proof – Each shop or business required a legal entity proof like proprietorship firm or partnership firm etc. a legal entity proof which gives the right for doing the business in your area or state for the same.
Business Bank Account – Every bank is required a legal entity proof to open a current bank account. Each shop & Establishment has to open a separate bank account for the daily transactions as per the RBI Compliance. So on the basis of the shop certificate you can easily open a current business bank account.
Government Benefits - Each state have a DIC Department which creates the policy in the respective state for the all small business. On the basis of shop license registration certificate you can easily avail the government benefits.