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Procedure NameTrade License (For Commercial Firms)
Description

Category                                             : License

Renewal Frequency of the License  : Annual

Issuing Agency                                 : City Corporation/Municipality/Union Parishad

Incumbent Office                                : City Corporation/Municipality/Union Parishad 

Issuance of Trade License (for Commercial Firms)

Serial

Required Documents

Remarks

Application Form

Original

National ID card

A copy of the original duly attested by a First Class gazette officer

Rent receipt or ownership proof

Holding Tax payment receipt

Recent passport size photo of the entrepreneur

Three (3) copies ,  duly attested by a First Class gazette officer

Declaration on non-judicial stamp to abide by the rules & regulation of City Corporation/Municipality/Union Parishad

In case of Press/News Paper; Non-judicial stamp

Memorandum of Association and Articles of Association    

A copy of the original duly attested by a First Class gazette officer, in case of a Limited Company

A copy of the original duly attested by a First Class gazette officer, in case of a Limited Company

Certificate of Incorporation

A copy of the original duly attested by a First Class gazette officer

Agreement of Partnership

A copy of the original duly attested by a First Class gazette officer, in case of a Partnership Firm

Work Permit from Board of Investment

A copy of the original duly attested by a First Class gazette officer, in case of foreign investors/nominated employees

Original, in case of Limited Company

Statement of bank solvency

TIN Certificate

A copy of the original duly attested by a First Class gazette officer, in case of a Limited Company

Process Steps

Step 1

Applicant collects the prescribed Application Form from City Corporation/Municipality’s relevant Zonal office

Step 2

Applicant submits filled-in Application Form to the Taxation Officer along with supporting documents

Step 3

Inspection by the Licensing Supervisor

Step 4

Applicant deposits scheduled fees at the City Corporation/Municipality/Union Parishad

Step 5

Obtains Trade License from City Corporation/Municipality/Union Parishad Office

Official Time Limit

Approximate Processing Time for Issuing the License

3-4 working days

Time may vary

Fee Schedule

License fee: Ranges from BDT 100.00-40,000.00, which depends on the nature/type of business

(information can be collected from the City Corporation/Municipality/Union Parishad Office )

For Limited Company, License fee is determined on the basis of paid-up capital(information can be collected from the City Corporation/Municipality/Union Parishad Office)

Process Map

 

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