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Mirpur Law and Consultancy Firm
Muhammad Murad Uddin
(M.Com-Accounting, PGD-HRM, LLB, ITP)
Advocate and Tax Adviser
Phone: 01967113128, 01723946969
Email: email@example.com, firstname.lastname@example.org
Procedure, cost, and time for getting IRC & ERC
WE can do nothing but complain that getting any kind of certificate, license for doing business in Bangladesh is a pure hassle. You do have to run a lot and visit lots offices including few wrong offices. Moreover, almost every Government office operates like a market, worse than market, no system works. People sit here and there. Nobody listens to nobody. You will see info desk but with no human being to provide you required information. Asking for helps, most of the cases, in a Government office for free does lead no where.
However, we, business men, have to do things and move forward. So, we do take the way we take. In case of getting your IRC & ERC form, you may also need to walk few extra miles. Never mind!
Let’s peel the bean, we’ll be seeing how to get Import & Export Registration Certificate in Bangladesh and what documents we need to submit, and the cost of doing all these.
Who gives Import Registration Certificate (IRC) & Export Registration Certificate (ERC):
Office of the Chief Controller of Imports & Exports provides ERC and IRC certificates. Saying goes that any one having Import Registration Certificate (IRC) and anyone having Export Registration Certificate (ERC) can Import & Export any permissible item without any value and quantity restrictions!
Well, we suggest not to email because it’ll just help you to waste energy. Instead visit physically and talk and manage.
(i) Trade Licence;
(ii) Membership Certificate from recognized Chamber/Trade Association;
(iii) Tax Identification Number;
(iv) Bank Certificate;
(v) Memorandum and Articles of Association and Certificate of Incorporation (in case of Limited Company).
Website of Office of the Chief Controller of Imports & Exports claims: ‘On submission of the above documents, we issue IRC/ERC within three hours, i.e. within the same day’. However, don’t take this seriously and we advise you to keep disposable time in your hand.
Required Supporting Documents:
1. Trade License copy.
2. Memorandum & Articles of association. ( if Limited Company)
3. Certificate of Incorporation. ( if Limited Company)
4. Partnership Agreement with Registration copy ( if Partnership Farm )
5. Prescribed application form of CCI & E duly filled in.
6. Passport size photographs (3 copies).
7. National ID / Passport copy of entrepreneur.
8. Company TIN Certificate copy.
9. Membership Certificate from Dhaka Chamber of Commerce and Industries or from Concern Business Association.
10. Bank Solvency Certificate.
11. Main copy of Treasury Chalan.
Cost: Depends on Annual Import Trunover value (Please discuss)
Delivery: within 3 - 10 working days after submission with 100% payment.