How to get an Import Registration Certificate (IRC) in Bangladesh?

 

Anyone can Import any permissible item without any value and quantity restrictions and without obtaining any permission from any authority in Bangladesh but the Import Registration Certificate (IRC) or import license is needed for the import of the same.

In Bangladesh, the Office of the Chief Controller of Imports and Exports (CCIE) which is an individual organization under the Ministry of Commerce issues this import certificate or import licence and the legal basis for this permission is found in Import Policy Order 2015-2018.

So finally, Import Registration Certificate (IRC) or import licence is a mandatory document for business entities who are desirous of importing raw material or any other special items to Bangladesh.

The procedure of issuance of Import license in Bangladesh

Stage-01: Application Filing

Submit the application form along with the prescribed fee and to the Chief Controller of Imports & Exports (CCIE). Anyone can file the application for obtaining the Import Registration Certificate (IRC) which is well known as Import License.

Stage-02: Receive the Certificate

After formalities checking the submitted documents, the office of the Chief Controller of Imports & Exports will issue the license in favor of the applicant.

Stage-03: Renewal of IRC

IRC is required to be renewed every year. The required documents are:

  1. IRC and Passbook ( Original copy and Two set Photo Copy)
  2. Renewal Application by the applicant
  3. Treasury Challan of the annual renewal fee at Bangladesh Bank or Sonali Bank (Original copy and Two set Photo Copy)

The applicant is required to arrange the below-mentioned documents and deposit the annual renewal fee at Bangladesh Bank or Sonali Bank

Note: Renewal of IRC can also be done by the Nominated Banks as per the Import Policy Order 2015-18. The IRC applicant needs to mention the name of a single Nominated bank in the IRC application form for subsequent renewals.

 

Official/Government Fees for Registration/Renewal

The importers have been classified into 6 (six) categories on the basis of their value ceiling of overall annual import. The initial category-wise registration fees and annual renewal fees are as under

 

New Registration:

Here is the schedule of government fees for new registration and renewal

 

Category No. Ceiling-Value of Overall Annual Import Initial Registration Fees Annual Renewal Fees
First Tk. 5,00,000 Tk. 5,000 Tk. 3,000
Second Tk. 25,00,000 Tk. 10,000 Tk. 6,000
Third Tk. 50,00,000 Tk. 24,000 Tk. 10,000
Fourth Tk. 1,00,00,000 Tk. 40,000 Tk. 15,000
Fifth Tk. 5,00,00,000 Tk. 50,000 Tk. 22,000
Sixth Tk. 20,00,00,000  

Tk. 60,000

 

Tk. 24,000
Seventh Tk. 50,00,00,000  

Tk. 70,000

 

 

Tk. 28,000

 

Eighth Tk. 100,00,00,000  

Tk. 80,000

 

 

Tk. 32,000

 

Documents for Registration or Renewal

1.                Photo of the applicant/owner/proprietor/managing director

2.                NID of the applicant/owner/proprietor/managing director

3.                Up to date Trade license (Original Copy)

4.                eTIN

5.                Up to date membership certificate (Original Copy)

6.                Up to date Bank Solvency Certificate (Original Copy)

7.                MOA (in case of a company)

8.                Form XII MOA (in case of a company)

9.                Incorporation Certificate MOA (in case of a company)

10.             Partnership deed (in case of Partnership Firm)

11.             Environment Certificate(in case of a factory)

12.             Company PAD

13.             Mobile & e-mail address.