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BANGLADESH INVESTMENT DEVELOPMENT …BANGLADESH INVESTMENT DEVELOPMENT (BIDA) One-Stop Shop...

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BANGLA DEVELO (BIDA) One-Stop S Electronic S Standard O Trade Li September 15 Version 1.0 ADESH INVESTMENT OPMENT AUTHORIT Shop Services for Investors Operating Procedure (SOP) icense Issuance 5, 2018 T TY
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Page 1: BANGLADESH INVESTMENT DEVELOPMENT …BANGLADESH INVESTMENT DEVELOPMENT (BIDA) One-Stop Shop Electronic Services for Investors Standard Operating Procedure (SOP) Trade License Issuance

BANGLADESH INVESTMENT

DEVELOPMENT

(BIDA)

One-Stop Shop

Electronic Services for Investors

Standard Operating Procedure (SOP)

Trade License Issuance

September 15, 2018

Version 1.0

BANGLADESH INVESTMENT

DEVELOPMENT AUTHORITY

Stop Shop

Electronic Services for Investors

Standard Operating Procedure (SOP)

Trade License Issuance

September 15, 2018

BANGLADESH INVESTMENT

AUTHORITY

Page 2: BANGLADESH INVESTMENT DEVELOPMENT …BANGLADESH INVESTMENT DEVELOPMENT (BIDA) One-Stop Shop Electronic Services for Investors Standard Operating Procedure (SOP) Trade License Issuance

Document Control

Document Identification

Document Title

File Name1

File Location(s)2

Owner

Status

Status Date

Document Distribution List

Organization

BIDA

CCC

DSCC

DNCC

Reference Documents

Document Title

None

Revision History

Date Version

September 15, 2018 1.0

1 File naming conventions should be guided by the following widely

1. Avoid long and verbose filenames, spaces, and special characters (e.g., ~ ! @ # $ % ^ & * ( ) ` ; <> ? ,

[ ] { } ' " and |).

2. Abbreviate, but avoid obscure abbreviatio

3. Order structural components of a filename from top to bottom and from general to specific. For

example, list year, then month, then day; organization, then department, then division; region, then

country, then city; economic sector, then subsector, the

4. Files move around, so choose filenames that are self

structure, as much as possible.2 This is the location of the official and approved version; files located anywhere else should not be conside

official and, therefore, should not be used.

Trade License Issuance

Trade License Issuance

SOP (OSS_Trade License Issuance) 2018-0

“To be determined”

1. (e.g., C:\...\SOPs)

2. (e.g., https://www.sharepoint.bida.com/docs

“A staff member to be determined by the regulatory agency”

Pending final approval

2018-09-15

Document Distribution List

Department Contact

All [email protected]

All

All

All

Owner Date

Version Initials Description of Change

ZA Initial document by Apex Consulting

File naming conventions should be guided by the following widely-adopted best practices:

Avoid long and verbose filenames, spaces, and special characters (e.g., ~ ! @ # $ % ^ & * ( ) ` ; <> ? ,

Abbreviate, but avoid obscure abbreviations.

Order structural components of a filename from top to bottom and from general to specific. For

example, list year, then month, then day; organization, then department, then division; region, then

country, then city; economic sector, then subsector, then industry.

Files move around, so choose filenames that are self-contained and independent of the local directory

structure, as much as possible.

This is the location of the official and approved version; files located anywhere else should not be conside

official and, therefore, should not be used.

Trade License Issuance| Page 3

09-15

docs/SOPs)

“A staff member to be determined by the regulatory agency”

Contact Information

[email protected]

Date Version

of Change

by Apex Consulting

adopted best practices:

Avoid long and verbose filenames, spaces, and special characters (e.g., ~ ! @ # $ % ^ & * ( ) ` ; <> ? ,

Order structural components of a filename from top to bottom and from general to specific. For

example, list year, then month, then day; organization, then department, then division; region, then

contained and independent of the local directory

This is the location of the official and approved version; files located anywhere else should not be considered

Page 3: BANGLADESH INVESTMENT DEVELOPMENT …BANGLADESH INVESTMENT DEVELOPMENT (BIDA) One-Stop Shop Electronic Services for Investors Standard Operating Procedure (SOP) Trade License Issuance

Standard Operating Procedure

BIDA

CCC

DNCC

DSCC

OSS

Process Overview

Service Name

Service Type

Eligibility Criteria

Effective Date

Policy/Regulatory Objective

Regulatory Agency

Other Agencies Involved

Processing Time (Days)

Waiting Time (Days)

Prescribed Fees

Service Options

Electronic Service URL

Legal Framework

Legal Framework: Governing Laws,

Documents

# Official Title

1. Local Government (City Corporation) Act

2. One Stop Services Act

3. City Corporation Ideal Tax Schedule

4. City Corporation (Taxation) Rules

Acronyms

Trade License Issuance

Procedure

Bangladesh Investment Development Authority

Chittagong City Corporation

Dhaka North City Corporation

Dhaka South City Corporation

One Stop Shop

Trade License Issuance

License

Every business entity operating in Bangladesh.

Upon issuance

Regulate trade and business operations in the country.

City Corporations (Dhaka North, Dhaka South, and Chittagong)

RJSC, NBR

1 day

None

A fixed flat cost-recovery fee

Online

“To be determined by the regulatory agency”

Governing Laws, Policies & Other Legal or Administrative Official

Official Title Year

Local Government (City Corporation) Act 2009

2018

City Corporation Ideal Tax Schedule 2016

City Corporation (Taxation) Rules 1986

Trade License Issuance| Page 4

Bangladesh Investment Development Authority

Every business entity operating in Bangladesh.

in the country.

, and Chittagong)

Other Legal or Administrative Official

Sections

Page 4: BANGLADESH INVESTMENT DEVELOPMENT …BANGLADESH INVESTMENT DEVELOPMENT (BIDA) One-Stop Shop Electronic Services for Investors Standard Operating Procedure (SOP) Trade License Issuance

Processing Summary

Summary

Preconditions/Prerequisites

Process Outcome

Submission Point

Delivery Point

Validity of the License

Processing Staff

# Role Department

NA

Step-by-Step Process Description

# Step

1

After Business and Tax Registration, provides required information on the business and owner(s) to the Trade LicenseIssuance andRenewalSystem (CityCorporation).

2 Determines therequired fees,which arepredefined.

3 Requests payment from applicant

(investor).

4

Pays the fees and forwards

payment confirmation to the OSS

Portal.

5 Generates a pre-singed trade

license.

6 Forwards the license to the

applicant.

7 In parallel:

Trade License Issuance

Registered businesses need to obtain a Trade license to start

operations in Bangladesh. After business and

OSS portal provides required information on the business to the

City Corporation’s Trade LicenseIssuance andRenewalSystem

The system will then issue the Trade License after the applicant

pays predetermined fees.

Business and Tax Registration

Trade License

OSS

OSS

One year

Department Responsibility

Description

Actor Department

, provides required information on the business and

Trade License Issuance andRenewalSystem (City

OSS Portal (automatically) NA

Determines therequired fees,which

Trade License Issuance

andRenewalSystem (City

Corporation)

NA

Requests payment from applicant OSS Portal (automatically) NA

Pays the fees and forwards

payment confirmation to the OSS Applicant (Investor) NA

singed trade

Trade License Issuance

andRenewalSystem (City

Corporation)

NA

Trade License Issuance

andRenewalSystem (City

Corporation)

NA

Trade License NA

Trade License Issuance| Page 5

a Trade license to start

usiness and tax registration, the

OSS portal provides required information on the business to the

LicenseIssuance andRenewalSystem.

The system will then issue the Trade License after the applicant

Responsibility

Department Duration

1 day

Page 5: BANGLADESH INVESTMENT DEVELOPMENT …BANGLADESH INVESTMENT DEVELOPMENT (BIDA) One-Stop Shop Electronic Services for Investors Standard Operating Procedure (SOP) Trade License Issuance

# Step

Forwards the license to the OSS

portal.

8 Feeds the M&E and Learning

processes.

9 Conducts Random/Risk Based/Planned SiteInspection

Required Documents

# Forms and Supporting

NA

Process Map

Trade License Issuance

Actor Department

the license to the OSS Issuance andRenewalSystem (City Corporation)

Feeds the M&E and Learning OSS Portal (automatically) NA

Based/Planned SiteInspection.

Trade License Issuance andRenewalSystem (City Corporation)

NA

Supporting Documents Format

Trade License Issuance| Page 6

Department Duration

Format �/�

Page 6: BANGLADESH INVESTMENT DEVELOPMENT …BANGLADESH INVESTMENT DEVELOPMENT (BIDA) One-Stop Shop Electronic Services for Investors Standard Operating Procedure (SOP) Trade License Issuance
Page 7: BANGLADESH INVESTMENT DEVELOPMENT …BANGLADESH INVESTMENT DEVELOPMENT (BIDA) One-Stop Shop Electronic Services for Investors Standard Operating Procedure (SOP) Trade License Issuance

BIDA

Prime Minister’s Office,

Government of the People’s

Republic of Bangladesh,

Plot#E-6/B, Agargaon, Sher-e-Bangla Nagar,

Dhaka-1207, Bangladesh.

Phone: +880 2 55007241-45

Fax: +880 2 55007238-40

Email: [email protected]

Website: http://bida.gov.bd/

Bangla Nagar,


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