How to Import
How to make License for Import According the rules & regulations of Bangladesh?
Before starting import, We have to know, How many license should collect, how & where should we go for these??
01. Trade License:
Trade License is the basic License, no business can be done without Trade License in Bangladesh, In village Trade license is giving from Union Parisad. Rate may vary from Union to Union. starting from BDT 200. On the flip side in Town, CITY CORPORATION is giving this trade license. rate may be BDT.700-1500.
Requirements:
1. Two recent Passport size photographs
2. Photo copy of National ID
3. Deed/ agreement of house rent.
4. Application to take this License.
02. TIN/ Tax payers Identification number:
It is the 2nd step of License. TIN is giving from TAX Zone & circle. Nowadays TIN certificate can collect from Online. There is no charge to make a TIN, but you must submit the TAX return every year.
Requirements:
1. Photo Copy of Trade License. (in case of Businessman)
2. Two recent Passport size photographs
3. Photo copy of National ID
03. Bank account/ solvancy certificate:
Now one can create a bank account. there is no charge to create a bank account, but you must deposit the minimum deposit. There are 3 types of Bank account. They are 1. Current Account. 2. Savings account, 3. Deposit account.But to maintains business, it is better to make Current account. then take a Bank solvancy certificate, it may charge around BDT.300.
Requirements:
1. Photo Copy of Trade License
2. Photo copy of TIN
3. Two recent Passport size photographs
4. Photo copy of National ID
04. Membership Certificate:
Now you can make a membership certificate, in this case you can take a membership certificat from any institution. such as: FBCCI, DCCI/ Dhaka Chamber of Commerce & industries, MCCI/Metro politon Chamber of commerce & Industries, BHMMA/Bangladesh Hardware Mechinerise and Marchant Asociation & industries & so on.
Requirements:
1. Photo Copy of Trade License
2. Photo copy of TIN
3. Two recent Passport size photographs
4. Photo copy of National ID
05. IRC/ Import Registration Certificate:
Now you can go the CCIE.for dhaka, it is situated at 111-113, motizhel. in this case, you must give fee to the govt of Bangladesh.the amount of free varies on your limit, such as 50,000/ 5,00,000/ 50,00,000/ unlimited.
Limit Chart: ( Which need to depost in BANGLADESH BANK/ SONALY BANK to this account number: 1/1731/0001/1801
Limited for BDT. 1,00,000: =First time charge BDT.2,100, Renue fee every year BDT.1,700
Limited for BDT. 5,00,000: =First time charge BDT.3,300, Renue fee every year BDT.2,300
Limited for BDT. 15,00,000: =First time charge BDT.5,100, Renue fee every year BDT.3,500
Limited for BDT. 50,00,000: =First time charge BDT.9,800, Renue fee every year BDT.6,700
Limited for BDT. 1,00,00,000: =First time charge BDT.17,800, Renue fee every year BDT.11,000
Limited for BDT. 10,00,00,000: =First time charge BDT.23,300, Renue fee every year BDT.17,000
(NB) This is rate is for 2011, every year rate can chage by the Authority.
Requirements:
1. Two Attested Photo Copies of Trade License
2. Two Attested Photo Copies of TIN
3. Two Attested recent Passport size photographs
4. Two Attested Photo Copies of National ID
5. Two Attested Photo Copies of Membership Certificate.
6. Two Attested Photo Copies of Bank Solvancy Certificate.
7. Original Copy of fee Deposited slip.
06. VAT/ Value Added Tax:
The Final step is the create an VAT. there are many office as zone, every area has seperate office.
Requirements:
1. Photo Copy of Trade License
2. Photo copy of TIN
3. Two recent Passport size photographs
4. Photo copy of National ID
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