VAT Registration Certificate

How to Obtain a VAT Registration Certificate in Bangladesh

In Bangladesh, obtaining a VAT Registration Certificate is crucial for businesses to operate legally under the Value Added Tax (VAT) system. The Business Identification Number (BIN), which is obtained through VAT registration, is required for various business activities such as participation in tenders, banking, export/import, and other legal transactions.

VAT registration is governed by the Customs, VAT, and Excise Department under the National Board of Revenue (NBR).

Required Documents for VAT Registration:

1. Trade License - Proof of legal business operation.
2. TIN Certificate - Tax Identification Number issued by NBR.
3. Import Registration Certificate (IRC) / Export Registration Certificate (ERC) - If applicable, based on the business's import/export activities.
4. List of all sales outlets, sales centers - Complete addresses, equipment, machinery, fittings, and product features, along with any amendments of products manufactured.
5. List of invoices and stored products - To confirm business activities and inventory.
6. Passport-sized photographs - Of the business owner or authorized person.
7. Deed of Agreement - If applicable, for partnership businesses.
8. Bank Solvency Certificate - Proof of business solvency.
9. BOI Registration - If the business is registered with the Bangladesh Investment Development Authority (BIDA).
10. Memorandum of Association (MOA) and Articles of Association (AOA) - For limited companies.

Procedure to Obtain VAT Registration:

1. Prepare the Documents: Ensure all required documents are available and up to date.
2. Submit the Application: Complete the VAT Registration Application (Form VAT-1) and submit it along with the required documents to the VAT Office under NBR.
3. Verification: The VAT Office will verify the documents, and an inspection of the business premises may be conducted.
4. Issuance of VAT Registration Certificate: If the documents are in order and the verification process is successful, the NBR will issue the VAT Registration Certificate.

Official Time Limit for VAT Registration:

• The processing time for obtaining the VAT registration certificate is approximately 7 days from the submission of the application.