Platform Features

Precision License Discovery.
Zero regulatory surprises.

Input your operating profile. Our rule engine executes 300+ compliance checks against 800+ Indian licenses instantly - detailing your central, state, and municipal obligations.

How the Discovery Engine Works

In India, licensing requirements are highly granular. A business operating in Bengaluru is subject to distinct rules compared to one in Noida - dictated by state amendments, local municipal corporation codes, corporate structures, employee headcounts, and annual turnovers.

Rather than forcing you to consult expensive compliance lawyers, Ironclad codifies the Indian legal registry. Our rules are maintained directly by regulatory research specialists, ensuring absolute compliance with current circulars.

RBI

Reserve Bank of India (RBI) Regulatory Frameworks

For Fintech, Web3, and Neo-banking companies, RBI guidelines dictate severe operational boundaries. The Discovery Engine maps critical requirements including:

  • Payment Aggregator & Payment Gateway (PA/PG) approvals: Validating net worth thresholds (₹15 Crore for applicant startups, scaling to ₹25 Crore), fit & proper directors declarations, and escrow auditing requirements.
  • Prepaid Payment Instruments (PPI): Mapping compliance audits for wallets, digital cards, and smart vouchers.
  • FEMA Regulations: Tracking cross-border transaction boundaries, merchant onboarding rules, and outward remittances.
  • NBFC Alignment: Mapping regulatory checklists for Peer-to-Peer lending, Account Aggregators, and co-lending platforms.
MHOW

MHOW, Shops & Establishments, and Factories Act

Physical facilities, logistics centres, restaurants, and retail spaces fall under local state and municipal jurisdiction. Ironclad handles:

  • MHOW Municipal Trade License: Complete mapping of Municipal Corporation guidelines (such as MCGM in Mumbai, BBMP in Bengaluru, MCD in Delhi) for commercial zones, sanitation, and safety clearances.
  • State Shops & Establishments Acts: Standardizing worker shifts, overtime payroll calculations, and mandatory public holiday rules based on your state.
  • Factories Act (1948): Compiling ventilation criteria, hazardous inventory registrations, first-aid quotas, and structural safety certifications.
  • CLRA (Contract Labour Regulation Act): Tracking mandatory registrations when hiring contract staff, preventing heavy legal penalties.

Discovery Stats

Supported States36 States & UTs
Applicable Licenses800+ in database
Evaluation SpeedUnder 5 seconds
Update FrequencyWeekly updates

Rule Engine Guarantee: If our discovery engine misses a mandatory license for your declared scope, we will file that license for you with zero service fee.

Interactive Tool

Compliance Simulator

Select an industry sector below to simulate how our rule engine maps out regulatory obligations with fees, documentation, and key notes.

Required Licenses for FinTech / Digital Payments4 Obligations

RBI Payment Aggregator (PA/PG) Authorization

Reserve Bank of India
₹2,50,000 govt fee

Required documentation: Detailed business plan, net worth certificate, audit report

Key requirement: RBI net worth requirement: ₹15 Cr at application, ₹25 Cr within 3 years.

Prepaid Payment Instrument (PPI) License

Reserve Bank of India
₹1,00,000 govt fee

Required documentation: Systems audit report, escrow agreements, board resolution

Key requirement: Must maintain a dedicated escrow account with a scheduled commercial bank.

GSTIN Registration

Central Board of Indirect Taxes (CBIC)
₹0 govt fee

Required documentation: PAN, Aadhaar, Board resolution, Address proof

Key requirement: Mandatory for all inter-state service providers regardless of turnover.

FEMA Cross-Border Merchant License

RBI AD Category-I Banks
₹50,000 process fee

Required documentation: KYC, anti-money laundering policy, risk framework

Key requirement: Required for processing outward or inward cross-border remittances.
Get Started Today

Stop discovering compliance gaps
from enforcement notices.

Join the businesses that run their compliance on Ironclad. Input your profile once - we'll tell you everything you need, everything you're missing, and handle the rest.

No contracts · No setup fee · Start discovering your compliance gaps in 5 minutes