Service provider
Trade License Renewal
Trade license renewal in Bangladesh is essential to stay compliant and keep your business running smoothly. Specifically, Segunbagicha Consultancy offers expert renewal assistance to help you avoid any legal trouble. In Bangladesh, every business must renew its trade license annually to remain legally active. If you miss your renewal deadline, then you may face penalties, late fees, or even temporary closure. At the same time, at Segunbagicha Consultancy, we make the trade license renewal process fast, simple, and error-free. Consequently, you can focus on growing your business while we handle the paperwork.
Why Do You Need to renew Trade License
In Bangladesh, every business must renew its trade license annually to remain legally active. Missing your renewal deadline can lead to penalties, late fees, or even temporary closure.
At Segunbagicha Consultancy, we make the trade license renewal process fast, simple, and error-free—so you can focus on growing your business.
Why Trade License Renewal Is Important
Basically, a valid trade license ensures that local authorities, such as the City Corporation or Municipality, recognize your business. Notably, renewing it annually provides several key benefits. For instance, it helps you:
Avoid penalties or complex legal issues.
Moreover, maintain your business reputation in the market.
Furthermore, keep your eligibility for VAT, TIN, and banking services.
Finally, ensure smooth and uninterrupted business operations.
Step-by-Step Renewal Process
Initially, the renewal process requires careful attention to detail. To begin with, our team follows these structured steps:
Review Current License: First, we verify your previous license details and renewal timeline.
Update Documents: Next, our team gathers and updates necessary paperwork, such as TIN or tax receipts.
Submit Application: Subsequently, we file your renewal request with the correct local authority.
Pay Fees: Meanwhile, we calculate the official fees and assist with the payment to avoid delays.
Get Your License: Finally, once you get the approval, you receive your new trade license for the next year.
Required Documents for Trade License Renewal
Notably, you need a specific set of documents for a successful renewal. Typically, you will need:
A copy of your previous trade license.
Updated TIN Certificate and holding tax receipts.
In addition, our team ensures that all your documents follow the correct format before submission.
Why Choose Segunbagicha Consultancy
In summary, we offer a fast, reliable, and compliant service for businesses across Dhaka. In addition to this, our experts provide:
First, renewal reminders well before your license expires.
Second, full document support and local follow-up for faster approval.
Third, a transparent pricing model with no hidden charges.
Ultimately, we serve as your trusted partner for long-term business compliance.
Frequently Asked Questions (FAQs)
Q1. When should I renew my trade license? Answer: Normally, you should renew it between July and June, depending on your business area.
Q2. How long does it take to renew? Answer: Typically, it takes 2–5 working days, depending on the authority’s response.
Q3. Can I renew my license online? Answer: Yes. Indeed, some City Corporations have online portals, and we manage the entire digital process for you.
Q4. What if my business address changes? Answer: Specifically, you must update your address before renewal. Consequently, our consultants can help you modify your license details.
Q5. Do I need to pay penalties for late renewal? Answer: Yes. In fact, late renewals incur fines, but we help you calculate and pay them accurately to restore your license quickly.
Call to Action
Keep your business compliant — don’t wait until it’s too late!
Let Segunbagicha Consultancy handle your trade license renewal today.
📞 Call: +880 1933-353508
📧 Email: info@segunbagicha.com
