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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.L License Name Authority Reference
01 Acid License Deputy Commissioner (DC) of all Districts Acid Control Act, 2002
02 Approval of Factory Plan Department of Inspection for Factories and Establishments (DIFE) The Factories Act, 1965
03 Certificate of Registration of Factories and Establishment Department of Inspection for Factories and Establishments (DIFE) The Factories Act, 1965
04 Explosive Licenses Department of Explosives Explosive Act, 1884
05 Export Registration Certificate (ERC) Office of the Chief Controller of Imports & Exports (CCI&E) Export Policy Order, 2015-2018
06 Import Registration Certificate (IRC) Office of the Chief Controller of Imports & Exports (CCI&E) Export Policy Order, 2015-2018
07 Quality Certification Mark Bangladesh Standard and Testing Institution (BSTI) Bangladesh Standards and Testing Institution (BSTI) Order, 1985
08 Trade License All City Corporations, Municipalities & Union Parisads Local Government (City Corporation) Act, 2009
09 Trade Marks Registration Department of Patents, Designs & Trademarks (DPDT) Trade Marks Act, 2009
10 VAT Registration National Board of Revenue (NBR) Value Added Tax (VAT) Act, 1991

 

11 Tax Identification Number (TIN) National Board of Revenue (NBR) Income Tax Ordinance, 1984
12 Environmental Clearance Certificate Department of Environment (DOE) Environment Conservation Act, 1995
13 Fire License Fire Service and Civil Defense (FS&CD) Fire Service Act, 1980
14 Approval of Foreign Loan Bangladesh Investment Development Authority (BIDA) Foreign Exchange Regulation Act, 1947
15 Copyright Registration Copyright Office Copyright Act, 2000
16 Boiler License Office of the Chief Inspector of Boiler (CIOB) Boilers Act, 1923
17 Company Registration Registrar of Joint Stock Companies and Firms (RJSC) Companies Act, 1994
18 Food Safety Certificate Bangladesh Food Safety Authority (BFSA) Food Safety Act, 2013
19 Arms License Ministry of Home Affairs Arms Act, 1878
20 NGO Registration Certificate NGO Affairs Bureau NGO Affairs Bureau (Registration and Control) Act, 1990
21 Dairy Farm License Department of Livestock Services Pure Food Ordinance, 1959
22 Education Institute License Ministry of Education Educational Institutions Registration and Control Act, 1992
23 Chemical Import License Department of Explosives Chemical Control Act, 2017
24 Air Transport License Civil Aviation Authority of Bangladesh Civil Aviation Authority of Bangladesh Act, 2010
25 Vehicle Fitness Certificate Bangladesh 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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