The Shop Registration in Minicoy-Island and Shop Establishment Act is regulated by the Department of Labor and regulates premises wherein any trade, business or profession is carried out. The shop registration in Minicoy-Island act not only regulates the working of commercial establishments, but also societies, charitable trusts, printing establishments, educational institutions run for gain and premises in which banking, insurance, stock or share brokerage is carried on. This act regulates areas such as working hours, rest interval for employees, opening and closing hours, closed days, national and religious holidays, overtime work, rules for employment of children, annual leave, maternity leave, sickness and casual leave, etc.
The Shop registration in Minicoy-Island and Establishments Act regulates conditions of work, lists rights of employees in the unorganised sector and provides a list of obligations for every employer.
Shop Registration in Minicoy-Island is must for all establishment and business individuals, including proprietors working and running a business from their homes. A registration such as this comes in handy when the proprietor wants to apply for a loan, or create a current bank account.