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Business licenses in Mumbai are mandatory legal documents required for operating a business within the city limits. These licenses are issued by the Municipal Corporation of Greater Mumbai (MCGM) and are essential for ensuring compliance with local regulations and tax laws. Whether you're starting a small enterprise or a large corporation, obtaining the appropriate business license is crucial for legitimacy and smooth operations. The licensing process typically involves submitting specific documentation, paying applicable fees, and meeting certain criteria set by the authorities. Failure to obtain the necessary licenses can result in penalties or even closure of the business.