DNCC Trade License Bangladesh 2024 -

A trade license, or a business license, is a legal document issued by a government authority that grants authorization for a business to operate within a particular governance. It’s an obligatory demand for all businesses to gain a trade license before jumping their operations.

What is DNCC Trade License?

The DNCC Trade License is a business license issued by the Dhaka North City Corporation (DNCC) in Bangladesh. This license is required for businesses operating within the jurisdiction of the DNCC, which covers several areas in the northern part of Dhaka, the capital city of Bangladesh.

The DNCC Trade License contains data about the business, similar to the business’s title, the business’s nature, the business, the address of the business, the name of the owner, the period of the license, and other details. The license is renewable annually or biannually, depending on the nature of the business.

How To Get DNCC Trade License Online

To obtain a DNCC trade license, there are usually steps to be followed such as – submission of application, payment of required fee, and approval from concerned authority, etc. Obtaining a DNCC trade license varies depending on the type of business and the license duration. To get a trade license in DNCC (Dhaka North City Corporation), you can follow these steps-

DNCC Trade license application process:

Get the application form- The first step is to obtain the trade license application form from the DNCC website (www.dncc.gov.bd) or the office of the Licensing Authority.
Fill out the application form with your data- Fill out the application form with accurate information, including your name, address, type of business, and other required details.
Gather required documents- Gather all necessary documents such as your national ID card, passport size photographs, trade license fee, rent agreement or ownership document of your business place, etc.
Apply- Submit the completed application form and the required documents to the Licensing Authority of DNCC.
Pay the fee– Now, you have to pay the trade license fee; you can pay the fee by your bank account or mobile banking.
Wait for approval- After submitting the application and paying the fee, you must wait for the Authority to process your application. It may take a few days to weeks for your application to be approved.
Collect your trade license- After your application is approved, you will be notified by SMS or email, and then you can collect your trade license from the DNCC office.

Always remember that the process may vary slightly depending on the nature of your business, so contact the licensing authority of DNCC for any issues and necessary guidance.

DNCC Trade License Application Form

Applying for a trade license in Dhaka North City Corporation (DNCC) requires submitting a trade license application form. This form is the primary document that captures essential information about your business and helps the DNCC assess your eligibility for obtaining a trade license.

The application form requires you to provide details such as your business’s name, nature, and location, along with information on the business owner or partners. The application form may also require additional documents, such as a copy of your National ID card or passport, TIN certificate, and proof of address.

Look there is given the form below in a pdf format. So after downloading the form, first print it and fill it up correctly. After filling out the form, you have to submit it with the required documents to the DNCC Trade license office.

DNCC Trade License Application Form pdf

DNCC Trade License Application Fee

The fee for obtaining a trade license in Dhaka North City Corporation is determined by the DNCC and varies depending on the type of business, the size of the business, and the nature of the business activities.

To obtain a trade license, you will need to pay the applicable fee, which can be paid online or offline, depending on your preference and the available payment methods. There are given trade license fees for some important businesses.

Type of Business	Business Sub Type	BDT
Bank, Insurance & Fincial Insttution	Scheduled Bank	10000
Contractor/ Constraction/ Supplyer Institution	First Class Contractor	4000
Agency/ Representative Trade	Recruiting Agent	5000
Producer/ Destributor (If not Limited Company)	Textile Mill	4500
Workshop/ Repair	Motor Workshop(Big)	2000
Workshop/ Repair	Motor Workshop(Small)	1000
Restaurent/ Coffee Shop Producer	Resturent(A/C)	2500
Restaurent/ Coffee Shop Produce	Resturent(Non-A/C)	1000
Fast Food Producer	Fast Food Producer	3000
Residential Hotel/ Guest House/ Rest	Five Star Hotel	50000
Residential Hotel/ Guest House/ Rest	Three Star Hotel(Central A/C)	20000
Mechanical Vehicles/ Transpor	Carrier Service/ Covered Van/ Long Vehicle/ Container mover	10000
Tailor Shop	Tailor Shop	1000
Furniture	Brand Furniture(Navana,OTOBI,HATIL etc)	20000

Please check the pdf link below to get all types of business trade license fees in Bangladesh.

Bangladesh Trade License Fee

Purpose of DNCC Trade License

The purpose of the DNCC Trade License is to regulate and supervise the operations of businesses within the jurisdiction of the Dhaka North City Corporation (DNCC) in Bangladesh. The DNCC Trade License is a legal document that grants permission for a business to operate within the DNCC area. The DNCC Trade License serves several purposes, including:

Legal compliance: The license ensures that businesses comply with the relevant laws and regulations in Bangladesh, including tax laws, labor laws, and other regulations related to business operations.
Public safety: DNCC protects public health and safety and ensures businesses operate safely and responsibly.
Taxation: The license is also used to calculate and collect taxes from businesses operating within the DNCC area, helping generate revenue for the local government.
Identification: The DNCC Trade License serves as a form of identification for businesses, providing information about the name and type of business, its location, and other important details.

Advantages of DNCC Trade License

Obtaining a DNCC Trade License offers various benefits for businesses operating within the Dhaka North City Corporation (DNCC) area. Some of the benefits of having a DNCC Trade License include the following:

Credibility: Having a trade license increases the credibility of a business. It shows that the business is professional, committed, and meets all the necessary standards required by the DNCC.
Protection: A DNCC Trade License protects a business entity against any legal action that may arise due to non-compliance with the rules and regulations set by the DNCC.
Access to benefits: A business with a valid trade license can access various benefits provided by the DNCC, such as tax exemptions, business loans, and other incentives.
Expansion opportunities: A DNCC Trade License can help a business expand its operations within the DNCC area or beyond. It increases the chances of winning contracts and partnerships with other businesses.

Disadvantages of DNCC

While having a DNCC Trade License offers several benefits, there may also be some disadvantages. Here are a few potential disadvantages of having a DNCC Trade License:

Costs: Obtaining a DNCC Trade License can be costly, especially for small businesses struggling to make ends meet.
Restriction: A DNCC Trade License may have some restrictions, such as the type of business activities that can be carried out under the license.
Penalties: A business that operates without a DNCC Trade License or violates any of the rules and regulations set by the DNCC may be subject to fines and penalties.
Delayed processing: The processing time for obtaining a DNCC Trade License can be lengthy, which can cause delays in starting a new business.

Epilogue

Finally, the DNCC trade license plays a very important role for businesses and allows local governments to regulate economic activities. It also plays a very important role in ensuring businesses operate legally and responsibly, and as well as it provides a means for governments to control economic activity within their jurisdiction.

DNCC Trade License Bangladesh 2024