Process To Renew Trade License

General

Dreamwork Limited

1. Trade license renewal procedure is normal. Things have improved in recent years but it is yet to get to the level it warrants. Submit few documents along with required fees. Below is a list of required documents:

Required Documens (Commercial Firms):

a. License Book. Provided at the time of issuance of Trade License and Chalan Book. Same as Before.

b. Rent Receipt or Ownership Proof. A Copy of Original Attested by First Class Gazetted Officer.

c. TIN Certificate. A Copy of Original Attested by First Class Gazetted Officer.

Process:

a. Submit All Required Documents.

b. Deposit the Scheduled Fees at the Designated Bank. It is to Note that City Corporation/Municipality Receives the Fees Receipt From Designated Bank and Update the Register.

Time : It takes 1/2 working days. However, it may take another day.

Fees: Depending on the nature of business, fees can range from 100.00 tk to 20,000.00 tk depending on license category. For Limited Company, license fee is determined on the basis of paid up capital. You can collect the information from City Corporation/Municipality/Union Parishad.

History: Trade License is being introduced in Bangladesh under the City Corporation Taxation Rules, 1983 . It is issued when an entrepreneur applied through the license form. You can download trade license form, Dhaka City Corporation South Here and North Here.

Note:

Prepared by Major (R) Md. Lutful Huda, presently Chairman of TIDAC and Dreamwork Limited, Chief Editor of 'Crime and Judgement' Magazine

BUSINESS LESSONS

BUSINESS LESSONS

1. "Success is not final; failure is not fatal: It is the courage to continue that counts."

-- Winston S. Churchill

2. "It is better to fail in originality than to succeed in imitation."

-- Herman Melville

3. "The road to success and the road to failure are almost exactly the same."

-- Colin R. Davis

4. "Success usually comes to those who are too busy to be looking for it."

-- Henry David Thoreau

5. "Opportunities don't happen. You create them."

-- Chris Grosser

6. "Don't be afraid to give up the good to go for the great."

--John D. Rockefeller

7. "I find that the harder I work, the more luck I seem to have."

-- Thomas Jefferson

8. "There are two types of people who will tell you that you cannot make a difference in this world: those who are afraid to try and those who are afraid you will succeed."

-- Ray Goforth

9. "Successful people do what unsuccessful people are not willing to do. Don't wish it were easier; wish you were better."

-- Jim Rohn

10. "Try not to become a man of success. Rather become a man of value."

-- Albert Einstein

11. "Never give in except to convictions of honor and good sense."

-- Winston Churchill

12. "Stop chasing the money and start chasing the passion."

-- Tony Hsieh

13. "Success is walking from failure to failure with no loss of enthusiasm."

-- Winston Churchill

14. "I owe my success to having listened respectfully to the very best advice, and then going away and doing the exact opposite."

-- G. K. Chesterton

15. "Would you like me to give you a formula for success? It's quite simple, really: Double your rate of failure. You are thinking of failure as the enemy of success. But it isn't at all. You can be discouraged by failure or you can learn from it, so go ahead and make mistakes. Make all you can. Because remember that's where you will find success."

-- Thomas J. Watson

Dreamwork Limited

Wikipedia

Process To Renew Trade License