Import & Export (ERC & IRC) Registration
How to start export import business in Bangladesh and how to apply for the same and process of application of export import license in Bangladesh? Our information is ONLY for the foreign investors as we do deal with local, Bangladeshi investors as our business policy.
Step 1: Unless register a private limited company in Bangladesh will not be allowed to apply of export import license; so, 1st job is company registration in Bangladesh from RJSC under any format of LLC (limited liability company wholly foreign owned, subsidiary, joint venture).
Step 2: Once certified copies are received may apply for Trade Licenseand Income Tax certificate and once said license is received will request your bank to issue Bank Certificate.
Step 3: After receiving Bank certificate along with certified copies (RJSC), tax certificate, office rent agreement copy apply for VAT license.
Step 4: VAT license and along with all others as above mentioning documents have to submit to any one of them Membership for Chamber of Commerce (Dhaka Chamber of Commerce, BGMEA, BKMEA, Bangladesh India Chamber of commerce, Bangladesh German Chamber of commerce, China Bangladesh chamber of commerce, Foreign Investors chamber of commerce etc); It might take 7 to 30 days receiving certification from concern chamber.
Step 5: Now apply to export import department (Motijheel, Dhaka) along with all above licenses and papers with government fees as amount of export import yearly transaction.
How long may require receiving export import license? It might need 7 to 10 days maximum to issue said license upon verification of all required papers; Extra official money might required with all licenses to be obtained, sorry to say; Main time, takes to obtain membership from Chamber.
