What Are The Trade Licenses? How To Get Trade Licenses ?? | Largest Technology Website

What Are The Trade Licenses? How To Get Trade Licenses ??

You have to pay a certain kind of fee to get a license. On the district or divisional basis, the fee varies slightly. Therefore, all the information that must be learned before obtaining a trade license.

What Are The Trade Licenses? How To Get Trade Licenses ??

Assalamu Alaikum. How are you? Hope everyone is well. I am also fine gress of allah. Any country in the world has to get permission to do business. In most countries this license is known as a trade license. Trade licenses are an indispensable factor for businesses. Running a business without it can be considered invalid at any time.

Many people know how to become rich in small business. Business small and large, you must obtain a trade license compulsory from the government appointed by the government of that country in which you wish to do business. Our country is no exception. So far, a total of 1084 types of trade licenses are prevalent in 294 categories.

You have to pay a certain kind of fee to get a license. On the district or divisional basis, the fee varies slightly. Therefore, all the information that must be learned before obtaining a trade license.

What is a Trade License ??

A trade license is a trade permit that gives a person or company legal approval to do business. It is a legal document provided by the government or a government agency that removes the legal barrier to conducting various activities of any business.

Why trade license is required ??

Many people have many ideas for doing business, whether online or offline. For example, some have started business and succeeded in some exceptional business ideas for girls published in Hichai Bangla. But, everyone needs to know why a business license is required for a business.

Trade licenses are required to conduct business activities legally - the laws of the country for doing business, the details of what can and cannot be done. Trade licenses guarantee the validity of the business. Unless you have a trade license, your business or business organization will be considered illegal by the government.

Opening a bank account in the name of a business entity requires a trade license - you know for sure that a business transaction cannot be made through a personal account. In particular, other business entities will not trade with you in a personal account. So, you need a business account. And no bank will allow you to open a business account without a trade license.

Getting a loan or capital from a bank or a financial institution requires a trade license - you will need more capital to do good business, or even grow a business. And you may not be able to provide that extra capital yourself. Therefore, you have to take a loan from a bank or a financial institution. And neither the bank nor the institution will give you a loan if you cannot submit a trade license

You need a trade license to enter into a contract with other business organizations - you will have relationships with different companies while doing business. In particular, business relationships. For the sake of the relationship you will create new business with others. And for different types of business you have to negotiate contracts with different companies. But without a trade license you will not be able to contract with any business organization.

How To Get Trade Licenses ?? 

The trend of establishing ourselves as an entrepreneur in the youth community of our country is increasing day by day. New institutions are constantly making their debut in this country. Trade licenses or business licenses are required for each company.

The issuance of trade licenses was initiated in 2009 under the City Corporation (Tax) Rules. An entrepreneur appeals to a city corporation, municipality or union authority to obtain a trade license for conducting his business. He also had to submit several supporting papers along with the application. Authorities issue unauthorized trade licenses in the name of the applicant, without any verification issues.

Where To Take ??

If you are a resident of Dhaka, you can apply for a trade license by applying with the Dhaka North and South City Corporation. However, city corporations are divided into several areas for trade licensing work based on the north of the area. You need to get a trade license from the office in the area where you do business.

In addition, those who live in the district cities, in their municipal office and those who live in the village, can get the license by completing the form prescribed in the union council.

Apply for a trade license first. And there is a prescribed application form for the application that you have to complete and submit. The application form has two parts. One you have to fill and the other will fill the office concerned. Click the link below to download the trade license application form.

Trade License Application Form

The qualifications required to apply are:

  1. You need to be 18 years or older.
  2. Both men and women can apply.
  3. You must have a business organization.

Category selection:

You need to select a business category to get a trade license. If you select the wrong category in any way, then it will become a problem for your business later.

As per the 2016 Gazette, the Government of Bangladesh has given permission to issue trade licenses in a total of 294 categories for municipalities and unions, including all city corporations. Choosing the right category category is a very important process.

Required Papers:

In order to obtain a trade license, different types of papers are required to enter the business. A trade license is not issued if one fails to pay. Let's find out what paper applies to any type of business -

Trade Licenses for General Businesses: Such trade licenses are issued for various shops or general business establishments. For this, you need to submit a photocopy of the owner's national identity card, a copy of the rental receipt or rental agreement at the place where the shop or business is located. In addition, copies of the holding tax payment receipts are also required to be submitted.

Trade License for an Industrial Company: If your company is affiliated with a product manufacturer, you will need to obtain a designated trade license for the industrial company. For obtaining this license, the environment document should be submitted along with the documents mentioned above, map to identify the location of the organization, copy of fire license and pledge in prescribed format and 2 copy passport size photograph.

Clinic or Private Hospital Trade License: In case of obtaining a trade license for the hospital and clinic, it is mandatory to issue the license of the Director General of the Department of Health along with the documents mentioned at the first point.

Limited Company Trade License: If your company is an RJSC affiliate limited company, you should submit the Incorporation Certificate, Memorandum of Article, etc. along with the documents mentioned in the first point.

Trade licenses of other businesses: In addition to licenses issued by the Deputy Commissioner in the case of printing presses and residential hotels, copies of licenses issued by the Human Resources Export Bureau in the case of Recruiting Agency, licenses for marketing arms related to weapons and ammunition, drug and drug licenses. And Traveling The Civil Aviation Authority to allow jensira copies are required.

Different papers are also required for other businesses. Visit the website of Dhaka North City Corporation to know all the other things, including the rules for trade licenses.

The authorities reserve the right to take any legal action against the licensee, including any false or untrue information in the application of the trade license, if any important information is concealed and the trade license is not complied with. However, before taking such a drastic step, the licensee is justified because he or she is given the opportunity to demonstrate.

There are many entrepreneurs in our country who are conducting business activities without obtaining trade licenses for the business. It may not be too many, but it is completely immoral and illegal. The jail can be fined if such activities are visible to the government. So, if you have started a business without a trade license, get a license now.

And for those looking for new business ideas, they can start a cosmetic business. This is not a new idea but a very profitable business. So, find out how to start a cosmetic business. And before getting started, make a nice business name and get a trade license.

This is today's post. Hope everyone can understand. Goodbye here as it is today. See you in the next post, you will be good and will stay with us immediately comeing soon.



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Largest Technology Website : What Are The Trade Licenses? How To Get Trade Licenses ??
What Are The Trade Licenses? How To Get Trade Licenses ??
You have to pay a certain kind of fee to get a license. On the district or divisional basis, the fee varies slightly. Therefore, all the information that must be learned before obtaining a trade license.
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