Issuance of IRC and ERC (IRC & ERC)

Issuance 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 Registration Certificate has been documents:

Import Registration Certificate and Export simplified. It requires only the following

(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	Initial	Annual
	import	Registration fees	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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