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a guide to regulatory approvals
Bangladesh Monjur Morshed

Compliance Corner: A Guide to Regulatory Approvals, License in Bangladesh

Compliance Corner: A Guide to Regulatory Approvals, License in Bangladesh

monjur morshed

Image Source: License Bd
Image Source: License Bd

To commence any business, project, or industry, you must obtain a regulatory license. A regulatory license is a formal authorization or permission granted by a government or regulatory authority.

These licenses are crucial components of regulatory frameworks to ensure compliance with laws, standards, and guidelines governing various sectors. Although regulatory requirements vary for different organizations depending on the sector, safety, impact on society, the environment, and many other considerations, they play a vital role in maintaining law and order for any organization.

Here, I will mention some important and common regulatory licenses in Bangladesh.

S.LLicense NameAuthorityReference
01Acid LicenseDeputy Commissioner (DC) of all DistrictsAcid Control Act, 2002
02Approval of Factory PlanDepartment of Inspection for Factories and Establishments (DIFE)The Factories Act, 1965
03Certificate of Registration of Factories and EstablishmentDepartment of Inspection for Factories and Establishments (DIFE)The Factories Act, 1965
04Explosive LicensesDepartment of ExplosivesExplosive Act, 1884
05Export Registration Certificate (ERC)Office of the Chief Controller of Imports & Exports (CCI&E)Export Policy Order, 2015-2018
06Import Registration Certificate (IRC)Office of the Chief Controller of Imports & Exports (CCI&E)Export Policy Order, 2015-2018
07Quality Certification MarkBangladesh Standard and Testing Institution (BSTI)Bangladesh Standards and Testing Institution (BSTI) Order, 1985
08Trade LicenseAll City Corporations, Municipalities & Union ParisadsLocal Government (City Corporation) Act, 2009
09Trade Marks RegistrationDepartment of Patents, Designs & Trademarks (DPDT)Trade Marks Act, 2009
10VAT RegistrationNational Board of Revenue (NBR)Value Added Tax (VAT) Act, 1991

 

11Tax Identification Number (TIN)National Board of Revenue (NBR)Income Tax Ordinance, 1984
12Environmental Clearance CertificateDepartment of Environment (DOE)Environment Conservation Act, 1995
13Fire LicenseFire Service and Civil Defense (FS&CD)Fire Service Act, 1980
14Approval of Foreign LoanBangladesh Investment Development Authority (BIDA)Foreign Exchange Regulation Act, 1947
15Copyright RegistrationCopyright OfficeCopyright Act, 2000
16Boiler LicenseOffice of the Chief Inspector of Boiler (CIOB)Boilers Act, 1923
17Company RegistrationRegistrar of Joint Stock Companies and Firms (RJSC)Companies Act, 1994
18Food Safety CertificateBangladesh Food Safety Authority (BFSA)Food Safety Act, 2013
19Arms LicenseMinistry of Home AffairsArms Act, 1878
20NGO Registration CertificateNGO Affairs BureauNGO Affairs Bureau (Registration and Control) Act, 1990
21Dairy Farm LicenseDepartment of Livestock ServicesPure Food Ordinance, 1959
22Education Institute LicenseMinistry of EducationEducational Institutions Registration and Control Act, 1992
23Chemical Import LicenseDepartment of ExplosivesChemical Control Act, 2017
24Air Transport LicenseCivil Aviation Authority of BangladeshCivil Aviation Authority of Bangladesh Act, 2010
25Vehicle Fitness CertificateBangladesh Road Transport Authority (BRTA)Motor Vehicles Ordinance, 1983

In conclusion, in this article, we have attempted to create a helpful resource for businesses navigating within regulatory requirements in Bangladesh.

Hopefully, this article can assist in understanding both compliance and legal requirements for various industries. In the future, we will try to cover all regulatory laws, acts, and guidelines in Bangladesh.

Source:

Laws of Bangladesh
Economic Relations Division

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