An importer having Import Registration Certificate (IRC) can import any permissible item without any value and quantity restriction and without obtaining any permission from any authority.
The procedure for issuance of an Import Registration Certificate (IRC) has been simplified. It required the following procedure:
Step 1: Collect the IRC form from the office of Controller Import and Export.
Step 2: Collect and complete 3 copies of the Challan Form and deposit schedule fees at Bangladesh Bank or designated branches of Sonali Bank. Fees should be deposited under the head number: 1-1731-0001-1801.
Step 3: Submit the application form with recovery supporting documents. On submission of the necessary documents, Import Registration Certificate (IRC) will be issued within 3 (three) hours within the same day.
Required documents:
- Trade License;
- Membership Certificate from recognized Chamber/Trade Association;
- Tax Identification Number;
- Bank Certificate;
- Memorandum and Articles of Association and Certificate of Incorporation (in case of Limited Company).
The importers have been classified into 6 (six) categories on the basis of their value ceiling of overall annual import. The initial category-wise registration fees and annual renewal fees are:
| Category | Value Ceiling of annual import | Initial Registration fees | Annual renewal fees |
| First | Tk. 5,00,000 | Tk. 5,000 | Tk. 3,000 |
| Second | Tk. 25,00,000 | Tk. 10,000 | Tk. 6,000 |
| Third | Tk. 50,00,000 | Tk. 18,000 | Tk. 10,000 |
| Fourth | Tk. 1,00,00,000 | Tk. 30,000 | Tk. 15,000 |
| Fifth | Tk. 5,00,00,000 | Tk. 45,000 | Tk. 22,000 |
| Sixth | Above Tk. 5,00,00,000 | Tk. 60,000 | Tk. 30,000 |
Further information can be found here: Office of Chief Controller of Imports and Exports.