Setting up an import or export business in Bangladesh requires an official license from the government. Known as IRC (Import Registration Certificate) and ERC (Export Registration Certificate), these licenses are mandatory for companies that want to import goods into or export products from Bangladesh.
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In this detailed guide, Dewey & LeBoeuf’s global trade and legal experts explain everything you need to know about getting an import export license in Bangladesh — including eligibility, documents, procedures, fees, and practical legal advice to make your application smooth and compliant.
Why You Need an Import Export License
Under the Import and Export (Control) Act, 1950, no business can legally engage in import or export activities without obtaining registration certificates from the Office of the Chief Controller of Imports & Exports (CCI&E) under the Ministry of Commerce.
Holding an IRC or ERC:
- Legally authorizes your company to trade internationally.
- Allows you to open a Letter of Credit (LC) for imports and exports.
- Enables you to register with customs and other government agencies.
- Builds trust with foreign suppliers, buyers, and financial institutions.
Without these licenses, banks will not process your international transactions and customs will not clear your shipments.
Types of Trade Licenses You Need
If you are planning to start an international trading business, you generally need three key trade registrations in Bangladesh:
- Trade License – Issued by your local City Corporation or Union Parishad.
- Import Registration Certificate (IRC) – For importing goods.
- Export Registration Certificate (ERC) – For exporting goods.
You may apply for both IRC and ERC if your company plans to do both import and export operations.
Who Can Apply for an Import Export License
Both individuals (sole proprietors) and companies registered in Bangladesh can apply for IRC or ERC. The applicant must:
- Hold a valid Trade License.
- Have a Tax Identification Number (TIN) and VAT registration (BIN).
- Maintain a business bank account with an authorized commercial bank.
- Operate from a commercial address.
Foreign-owned companies registered under the Companies Act are also eligible to obtain these certificates, provided they meet the local documentation and compliance standards.
Documents Required for Import Export License in Bangladesh
Before starting your application, ensure you have the following documents ready. Missing or incorrect documentation is the most common reason for delays.
For a Company:
- Certificate of Incorporation (RJSC)
- Memorandum and Articles of Association
- Trade License (updated)
- TIN Certificate
- VAT/BIN Certificate
- Bank solvency certificate and account statement
- Passport-size photographs of directors
- National ID copies of directors
- Office rent agreement or ownership deed
- Board resolution authorizing the application
- Treasury challan copy of government fees
For a Proprietorship Business:
- Trade License (updated)
- TIN Certificate
- VAT Registration
- Bank solvency certificate
- Passport-size photo and NID of the proprietor
- Business premises proof
- Treasury challan
Dewey & LeBoeuf helps clients verify, notarize, and prepare all necessary documents to prevent rejection or audit delays.
Step-by-Step Process to Get an Import Export License in Bangladesh
Step 1: Prepare Legal and Business Documents
Start by ensuring your company is legally registered and has a valid Trade License, TIN, and VAT registration. Prepare your business bank account and all necessary documents as listed above.
Step 2: Pay Treasury Fees
Deposit the government-prescribed registration fees at the Bangladesh Bank or Sonali Bank under the specified Head of Account (typically “1/1731/0000/0311” for IRC or ERC). Keep the original Treasury Challan as proof of payment.
Step 3: Apply Through Authorized Bank
Applications for IRC and ERC must be submitted through a scheduled commercial bank (your nominated authorized dealer branch). The bank will verify your documents, business credentials, and transaction history before forwarding them to the CCI&E office.
Step 4: Submission to the CCI&E
Your application, once verified by the bank, will be forwarded to the Office of the Chief Controller of Imports and Exports (CCI&E) for processing.
The CCI&E reviews:
- Your business type and financial capacity
- Compliance with import/export policy orders
- Document authenticity
Step 5: Inspection (If Required)
In some cases, CCI&E may conduct a field inspection to verify your office location and business activity, especially for first-time applicants or high-value importers/exporters.
Step 6: Receive Your License
If all conditions are met, your IRC or ERC will be issued. It usually takes 7–15 working days for approval, depending on the CCI&E regional office and workload.
Validity and Renewal of Import Export License
Both IRC and ERC are valid for one year and must be renewed annually.
The renewal process is simple:
- Submit renewal application to CCI&E before expiry.
- Pay renewal fees through treasury challan.
- Provide updated trade license and bank statement.
Failing to renew on time may lead to suspension or cancellation of your trading rights.
Fees and Costs Involved
While fees may vary slightly depending on company size and category, here’s a general overview:
- Government Treasury Fee: BDT 5,000–10,000
- Bank Processing Fee: BDT 500–1,000
- Professional/Legal Assistance Fee: BDT 10,000–25,000 (varies based on services)
Dewey & LeBoeuf offers complete legal assistance packages for IRC and ERC registration — including document vetting, drafting, submission, and liaisoning with government offices.
Timeline for Getting Import Export License
- Document Preparation: 2–3 working days
- Bank Submission and Verification: 3–5 working days
- CCI&E Processing: 5–10 working days
- Total Duration: Around 10–15 working days (if documents are correct)
With expert legal help, this process can often be completed in less than two weeks.
Common Mistakes to Avoid
- Submitting incomplete or mismatched documents.
- Ignoring renewal deadlines, which can cause suspension.
- Not updating trade license or VAT details before applying.
- Applying through an unapproved bank or agent, which may cause rejection.
Dewey & LeBoeuf ensures every document meets legal standards to avoid rejection or delays.
Benefits of Having an Import Export License
- Legally trade goods internationally.
- Access to global suppliers and buyers.
- Ability to open LC and use trade financing.
- Improved business credibility with customs and banks.
- Eligibility for export incentives and tax benefits.
How Dewey & LeBoeuf Can Help You Get Your License
Obtaining an IRC or ERC can seem complicated due to multiple agencies, documentation rules, and compliance checks. Dewey & LeBoeuf provides end-to-end legal assistance for both local and foreign-owned companies, including:
- Legal consultation on business eligibility and structure.
- Document preparation, notarization, and submission.
- Coordination with banks and CCI&E officials.
- Handling renewals, amendments, or replacements.
- Advising on export incentives and customs regulations.
Our experienced legal team ensures your import export license application is completed correctly, saving time, effort, and unnecessary government follow-ups.
Frequently Asked Questions (FAQs)
What is the difference between IRC and ERC?
The IRC (Import Registration Certificate) allows you to import goods into Bangladesh, while the ERC (Export Registration Certificate) allows you to export goods abroad. Many companies apply for both if they engage in two-way trade.
How long does it take to get an import export license
Typically, it takes 10 to 15 working days if all documents are accurate. Dewey & LeBoeuf can help expedite the process through professional coordination.
Can a foreign company get an import export license in Bangladesh?
Yes, a foreign-owned company registered in Bangladesh can apply for IRC and ERC, provided it has a valid Trade License, TIN, and a local bank account.
Do I need to renew my import export license?
Yes, IRC and ERC are valid for one year and must be renewed annually to maintain trading rights.
What happens if my license expires?
If your license expires, you cannot legally import or export until it’s renewed. Late renewal may incur penalties or require reapplication.
Final Thoughts
Getting an import export license in Bangladesh is a crucial step for any business aiming to enter the global market. Although the process involves several formalities, with the right legal guidance, it can be straightforward and quick.
At Dewey & LeBoeuf, our trade and regulatory lawyers specialize in obtaining IRC and ERC for both Bangladeshi and international clients. From preparing compliant documentation to coordinating with government agencies, we make the process seamless so you can start trading confidently and legally.
Contact Dewey & LeBoeuf today to get your import export license in Bangladesh — and let our legal experts help you expand your business across borders.
E-mail: info@deweyleboeuf.com
Phone: +971 58 690 9684
Address: 26B Street, Mirdif, Dubai, UAE