The Bangladesh Trade Portal (BTP) is an official source of all regulatory information relevant to traders who wish to import goods into Bangladesh or export to other countries. The Ministry of Commerce of the Bangladesh Government has established the Portal in order to improve the predictability and transparency of the country’s trading laws and processes.

Issuance or Procedure of IRC and ERC

Issuance or Procedure of IRC and ERC

Now an importer having Import Registration Certificate (IRC) and an Exporter having Export Registration Certificate (ERC) can Import & Export any permissible item without any value and quantity restrictions and without obtaining any permission from any authority.

Procedure for issuance of Import Registration Certificate and Export Registration Certificate has been simplified. It requires only the following documents:

(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).

On submission of the above documents, we issue IRC/ERC within three hours, i.e. within the same day. The importers have been classified into 6 (six) categories on the basis of their value ceiling of overall annual import. The initial categorywise registration fees and annual renewal fees are as under:

Category Value Ceiling of 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. 18,000 Tk. 10,000
Fourth Tk. 1,00,00,000 Tk. 30,000 Tk. 15,000
Fifth Tk. 5,00,00,000 Tk. 45,000 Tk. 22,000
Sixth Above Tk. 5,00,00,000 Tk. 60,000 Tk. 30,000

 

Exporters shall pay registration and renewal fees at the following rates :-

  Initial registration fees Renewal fees
Exporter Tk. 7,000.00 Tk. 5,000.00
Indentor TK. 40,000.00 Tk. 20,000.00

 


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