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New Trade License Registration in Bangladesh
Starting a new business in Bangladesh requires obtaining a trade license, which is a fundamental legal requirement for all types of ventures. This document acts as an official authorization from the local government to operate your business within a specific area. Notably, it is essential to secure this license before beginning any business activities. At Segunbagicha Consultancy, we make this process straightforward and efficient for you.
You must apply for the license through your local city corporation or municipality to stay compliant. Specifically, we assist in streamlining the process to ensure that your application is accurate, complete, and approved promptly.
What Is a Trade License?
Basically, a trade license is a crucial step for any entrepreneur starting a business in Bangladesh. It is an official permission from local authorities that allows you to operate your business legally. Without a valid trade license, you may face penalties, business closure, or loss of eligibility for a Taxpayer Identification Number (TIN) and VAT registration.
With Segunbagicha Consultancy, you benefit from several advantages:
- First, we provide detailed guidance for first-time applicants to ensure a smooth start.
- Our team prepares and submits documents accurately to the appropriate authority, moreover.
- In addition, we follow up with the city corporation or municipality until your license is approved.
- Transparency is our priority; finally, we offer a service with no hidden charges to make the process stress-free.
Step-by-Step Process
Initially, a trade license acts as the foundation of a legally compliant and credible business. To begin with, our experts follow these essential steps:
1. Consultation & Document Collection
Our experts confirm the right authority and requirements for your business type.
2. Application Preparation
We complete and verify the trade license application for accuracy.
3. Submission to Local Authority
We handle the submission and coordinate with the City Corporation or Municipality.
4. Site Verification
Local officers verify your business location and nature of operation.
5. Payment of Government Fees
We assist in paying official fees correctly to avoid delays.
6. Approval & Delivery
Receive your official trade license, either digital or printed, ready for business use.
Required Documents
To apply for a new trade license, you need to prepare specific documents. Typically, these include:
- A copy of the National ID of the business owner(s).
- Recent passport-size photographs of the applicant.
- Furthermore, a rental agreement or proof of ownership of the business premises is mandatory.
- Limited companies must provide the Memorandum and Articles of Association in addition.
Why Choose Segunbagicha Consultancy
Because we have over 10 years of experience, we provide a fast, transparent, and compliant process. We offer expert support in preparing and submitting documents secondly. Moreover, our presence in Dhaka allows for quicker follow-up with authorities. Ultimately, we provide ongoing support for all future license renewals and modifications.
Frequently Asked Questions (FAQs)
Q1. How long does it take to get a trade license ? Generally, it takes 3 to 7 working days; however, the total time may vary depending on local authority efficiency.
Q2. What are the government fees ? Fees range from Tk 200 to Tk 10,000 per year. Specifically, the amount depends on your business type and location.
Q3. Can I apply online ? Yes. Some City Corporations support online submissions, and we handle the entire digital process for you accordingly.
Q4. Do I need to renew the license every year ? Yes. Trade licenses are valid for one year; therefore, you must renew them annually to stay compliant.
Q5. Can a home-based business get a trade license ? Certainly. A home-based business can obtain a license if local zoning rules permit it. In this regard, we can verify your eligibility before you start.
Type of Trade License
- Proprietorship
- Partnership
- Limited Company
Ready to register your new trade license?
Let Segunbagicha Consultancy handle everything — fast, reliable, and fully compliant.
📞 Call: +880 1933-353508
📧 Email: info@segunbagicha.com
👉 Start Your Application Today
