Author Topic: The List of documents required for obtaining a trade license are  (Read 22 times)

rakibul

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The List of documents required for obtaining a trade license are

1.Application Form from Dhaka City Corporation (North Form) or (South Form)

2.National ID card of the entrepreneur

3.Recent receipt or ownership proof

4.Holding Tax payment receipt

5.Recent passport size photo of the entrepreneur

6.Declaration on non-judicial stamp to abide by the rules and regulations of City Corporation/Municipality/Union Parishad

7.Memorandum of Association and Articles of Association

8.Certificate of Incorporation

9.Agreement of partnership

10.Work Permit from Board of Investment

11.Statement of Bank Solvency

TIN Certificate

Procedure
Applicant is required to obtain the designated Application Form from the City Corporation or relevant Municipality’s Office. Then, the applicant is required to submit filled-in Application Form from the taxation officer together with prescribed supporting documents which will be inspected by the Licensing Supervisor. Upon payment of scheduled fees at the City Corporation or Municipality’s relevant office, the applicant shall receive the trade license provided that all the requirements are met.

Time Limit
Estimated Processing Time for issuing the license is 3-4 working days, however, may vary depending on the nature of the and type of the business.

Scheduled Government Fee
1.The application fee is BDT 10.00.

2.License fee varies between BDT 100.00- 40,000.00 depending on the nature and type of business.

3.For Limited Company, License fee is determined based on paid-up capital.

Renewal of Trade License (Commercial Firms)
Trade Licenses are required to be renewed annually. The documents required are License Book which is provided at the time of issuance of Trade License, challan Book, rent and receipt of ownership proof and TIN Certificate.

Procedure for Renewal
The applicant is required to deposit the scheduled fees at the designated bank. Upon receiving the fee receipt, the City Corporation or Municipality’s relevant zonal office shall complete the renewal process if all the other requirements are met.

Time limit
Estimated processing time for renewing the License is 1-2 working days, however, may vary depending on the nature and type of business.

Scheduled Government Fee
1.The application fee is BDT 10.00.

2.License fee varies between BDT 100.00- 40,000.00 depending on the nature and type of business.

3.For Limited Company, License fee is determined based on paid-up capital.


Reference:https://www.fmcibd.com/services-licensing/how-to-obtain-trade-license-in-bangladesh