# Business License

**IRI:** https://folio.openlegalstandard.org/RCH9bm46SJokYFChlK01xIX

## Labels

## 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.

## Sub Class Of

- https://folio.openlegalstandard.org/RCKrakJNv6b1oTTMhd4c5DU

**Comment:** From LIST: Legal Issues Taxonomy — https://taxonomy.legal/

**Deprecated:** False