How to Gain Trade License in Bangladesh in Effective Way

Exchange License is required for each type of business element in Bangladesh. It is given by the nearby legislature of the separate territories. Each business element must get a Trade License from every neighborhood government where it works. In the event that a business substance has more than one business environment, it must get a Trade License from every neighborhood government. It is given for one year and must be recharged every year. Exchange License pulls in some administration expenses, which ordinarily relies upon the kinds of business.

Underneath, we have portrayed the way toward acquiring Trade License for organizations that work inside Dhaka City Corporation territory. Other nearby governments have comparative guidelines. You are encouraged to contact the particular neighborhood government for more data.

Trade License Procedures for a Commercial Firm:

Procure the proper form from the proper office.

Dhaka City Corporation (DCC) has two structures for an exchange permit contingent upon the sort of business. A business firm should utilize the “K” Form. Despite the fact that the ten zonal workplaces utilize a similar K Form, a business must purchase the structure from its particular zonal office. A seal and the initials of the official selling the structure is the thing that recognizes it from that of different zones. The structure costs Tk. 10. Registration company in Bangladesh as a foreigner or local you need to get a trade license and follow the other procedures.

Get certification from the local ward commissioner

After the structure is finished it must be submitted to the neighborhood ward chief for approval.

Collect License Book by Tk. 50 and submit an application with supporting documentation to the DCCs zonal office.

For the K Form, a lease receipt for the premises where the business is working from or, whenever claimed, the civil duty installment receipt must be given. Supporting records include:

3 duplicates of PP size photograph of proprietor

Lease receipt or premises possession confirmation

Stage 4: Await enquiry by the Licensing Supervisor (LS).

Endless supply of the structure, the LS normally goes to the business element for a little while to check the data given.

Pay predetermined fee and collect trade license.

After examination by the LS is finished up, the business is approached to go to the DCC office to pay the foreordained expense and gather their exchange permit. The charge plan relies upon the business classification under which the application was recorded.

Signboard fee

When gathering the exchange permit, a billboard charge must be paid also. For a wide range of business the billboard expenses will pay 30% of the License charge.

Trade License for a Manufacturing Firm:

Procure the proper form from the proper office.

The “I” Form should be bought for Tk. 10 from the DCC zonal office where the assembling firm needs to present its application.

Get certification from the local ward commissioner.

The finished structure must be approved by the neighborhood ward official.

Submit an application with supporting documentation.

Supporting archives include:

3 duplicates of PP size photograph of proprietor

Lease receipt or premises proprietorship evidence

No protest declaration from the area

A composed endeavor on a Tk 150 non-legal stepped paper

Fire License from the neighborhood local group of fire-fighters Environmental Certificate from DOE

Await enquiry by the Licensing Supervisor (LS).

Endless supply of the structure, the LS ordinarily goes to the business element for a little while to confirm the data gave.

Pay predetermined fee and collect trade license.

After investigation by the LS is finished up, the business is approached to go to the DCC office to pay the foreordained expense and gather their exchange permit. The charge plan relies upon the business classification under which the application was documented.

Signboard fee

When gathering the exchange permit, a billboard expense must be paid too. For a wide range of business the billboard charges will pay 30% of the License expense.

Renewal of Trade License

The restoration cycle is similarly standard and no examination is required. At the point when the exchange permit comes up for reestablishment the business needs to go to the LS.

Pick-up Demand Bill from the license book (This book is valid for five years)

After checking the lapsing exchange permit, the LS fills in the points of interest in an interest bill and gives the booklet to the business. The interest bill is a four page booklet like a bank store slip. A similar data is filled into all the pages: one page is for the bank and one is for the business.