{"iri":"https://folio.openlegalstandard.org/RCH9bm46SJokYFChlK01xIX","label":"Business License","sub_class_of":["https://folio.openlegalstandard.org/RCKrakJNv6b1oTTMhd4c5DU"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":"From LIST: Legal Issues Taxonomy — https://taxonomy.legal/","deprecated":false,"preferred_label":null,"alternative_labels":[],"translations":{},"hidden_label":null,"definition":"A business license is a permit or certification issued by a governmental authority that allows an individual or company to operate a business within a specific jurisdiction. The license serves as proof of compliance with local, state, or federal regulations and is often required for tax purposes.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}