Type of Import Registration
Certificate
Multinational IRC
Bangladesh, there is no official category called “Multinational IRC” issued by the Office of the Chief Controller of Imports and Exports (CCI&E). However, the term “Multinational IRC” may be used informally or misunderstood to mean one of the following:
🔍 What People Might Mean by “Multinational IRC”
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IRC for Multinational Companies (MNCs)
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This refers to an Import Registration Certificate (IRC) obtained by a multinational company that operates in Bangladesh and needs to import goods for commercial or industrial use.
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The IRC in this case is not different in form, but the company profile is multinational.
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Industrial IRC for Multinational Companies
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Many MNCs have manufacturing plants in Bangladesh. They apply for an Industrial IRC to import raw materials, spare parts, or capital machinery.
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Commercial IRC for Trading MNCs
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Some multinational trading companies or buying houses get a Commercial IRC to import goods for resale.
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✅ Why is IRC Needed for Multinational Companies?
Whether a company is local or multinational, it needs an IRC for the same core reasons:
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Legal Permission to Import
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It is mandatory for any business (including MNCs) to obtain an IRC to legally import goods into Bangladesh.
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Customs and LC Requirements
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IRC is required to:
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Open a Letter of Credit (LC)
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Complete customs clearance
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Process import documentation
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Government Regulation and Reporting
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IRC helps the government monitor and regulate import activities of MNCs.
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Foreign Exchange Regulation Compliance
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MNCs must comply with Bangladesh Bank’s rules, and having a valid IRC is part of that framework.
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✅ Summary
Term | Officially Exists? | Who Needs It | Type of IRC Used |
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Commercial IRC | ✅ Yes | Traders/Importers | Commercial |
Industrial IRC | ✅ Yes | Manufacturers | Industrial |
Multinational IRC | ❌ No (Not an official term) | MNCs operating in Bangladesh | Commercial or Industrial (depending on business type) |
Commercial IRC
Commercial IRC (Import Registration Certificate) is a legal document issued by the Office of the Chief Controller of Imports and Exports (CCI&E) under the Ministry of Commerce in Bangladesh. It is required for any business entity that intends to import commercial goods into Bangladesh.
There are two types of IRCs:
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Industrial IRC – for factories or industries to import raw materials or capital machinery.
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Commercial IRC – for businesses to import goods for trading or resale purposes.
Why is Commercial IRC Needed?
A Commercial IRC is essential for the following reasons:
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Legal Requirement
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Importing goods without a valid IRC is illegal in Bangladesh.
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It ensures the importer is registered and recognized by the government.
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Customs Clearance
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Without an IRC, you cannot clear goods from ports or airports.
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It is mandatory for preparing import documents (Bill of Entry, LC, etc.).
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Open Letter of Credit (LC)
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Banks require a valid IRC to open an LC for import transactions.
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It shows your legitimacy as a commercial importer.
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Regulatory Compliance
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Helps maintain government records and control over importers.
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Ensures importers comply with national trade policies.
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Tax and VAT Registration
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Having an IRC is often tied with TIN and VAT registration.
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Authorities use IRC information for monitoring import-based tax compliance.
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Who Needs a Commercial IRC?
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Importers and Traders
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Distributors bringing foreign goods into the market
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E-commerce or wholesale businesses importing items for sale
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Buying Houses or Commercial Agents
Industrial IRC
Industrial IRC (Import Registration Certificate) is a legal document issued by the Office of the Chief Controller of Imports and Exports (CCI&E) in Bangladesh. It is specifically meant for industrial or manufacturing businesses that need to import raw materials, capital machinery, and spare parts for production purposes, not for resale.
✅ Why is Industrial IRC Needed?
If your business operates a factory or production facility, you need an Industrial IRC for several important reasons:
1. Legal Right to Import
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Without an IRC, importing goods is illegal under Bangladeshi law.
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It confirms that your factory is registered and permitted to bring in foreign materials.
2. Import of Raw Materials and Machinery
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Industrial IRC allows you to import:
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Raw materials
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Packaging materials
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Production-related equipment
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Spare parts and capital machinery
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3. Open L/C with Banks
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You must have an IRC to open a Letter of Credit (L/C), which is needed to import goods through a bank.
4. Customs Clearance
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IRC is mandatory for customs clearance at ports.
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Without it, you cannot release imported goods from customs.
5. Eligibility for Bonded Warehouse (if applicable)
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If you’re exporting goods and need bonded warehouse facilities, you must have an Industrial IRC.
6. Tax and Regulatory Compliance
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IRC is linked with your TIN, VAT, and company trade license.
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It ensures you’re in compliance with NBR, Customs, and Bangladesh Bank regulations.
📌 Who Needs an Industrial IRC?
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Manufacturing companies
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Factories and mills
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Export-oriented industries
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Processing plants (e.g. textiles, food, chemicals, etc.)
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EPZ and non-EPZ industrial units
🆚 Difference Between Industrial IRC and Commercial IRC
Feature | Industrial IRC | Commercial IRC |
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Purpose | For manufacturing/production use | For trading/resale |
Goods Allowed | Raw materials, machinery | Finished goods |
User Type | Factories, manufacturers | Importers, wholesalers |
Can Import for Resale? | ❌ No | ✅ Yes |
Required Documents:
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Valid Trade License
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Tax Identification Number (TIN) / Updated Income Tax Certificate
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National ID or passport copy of applicant
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Bank Solvency Certificate
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Membership Certificate of relevant Chamber or trade organizations
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Memorandum & Article of Association for Limited Company, Partnership Deed for Partnership Firm