An Export Registration Certificate (ERC) is a mandatory license issued by the Office of the Chief Controller of Imports and Exports (CCIE) under Bangladesh’s Ministry of Commerce. It authorizes businesses to legally export goods from Bangladesh and ensures compliance with national export regulations.
Why Is an ERC Needed
An ERC is essential for:
- Legal Exportation: It is a legal requirement for any business intending to export goods from Bangladesh.
- Customs Clearance: Facilitates smooth processing and clearance of goods at customs checkpoints.
- Regulatory Compliance: Ensures adherence to national export policies and helps in monitoring export activities.
Types of ERC in Bangladesh
Bangladesh issues two primary types of ERCs:
1. Commercial ERC
- Purpose: For businesses exporting goods for commercial purposes.
- Typical Exports: Finished consumer goods like textiles, handicrafts, and agricultural products.
- Eligibility: Exporters, traders, and distributors not engaged in manufacturing.
2. Industrial ERC
- Purpose: For manufacturing entities exporting goods produced from imported raw materials.
- Typical Exports: Manufactured products like garments, leather goods, and electronics.
- Eligibility: Manufacturers and industrial businesses.
Application Process for ERC
To obtain an ERC, follow these steps:
- Collect the Application Form: Available at the CCIE office or its official website.
- Prepare Required Documents: Including trade license, Tax Identification Number (TIN), bank solvency certificate, membership certificate from a recognized trade body, and company incorporation documents if applicable.
- Pay the Applicable Fees: Deposit the registration fee at Bangladesh Bank or Sonali Bank and obtain the Treasury Challan.
- Submit the Application: Along with all required documents and the Treasury Challan to the CCIE office.
- Receive the ERC: Upon verification, the CCIE issues the ERC and a passbook.
Renewal of ERC
ERCs must be renewed annually. The renewal process involves:
- Submission of Renewal Application: Along with the original ERC, passbook, and updated documents.
- Payment of Renewal Fee: Fees vary based on the exporter’s category and annual export ceiling.
- Submission to CCIE or Nominated Bank: Renewal applications can be submitted directly to the CCIE or through a nominated bank.
For more detailed information and to access application forms, you can visit the Bangladesh Trade Portal or the CCIE official website.
