Frequently Asked Questions (FAQs) Question and Answer
Q. Is Import Registration Certificate (IRC) mandatory to import into Bangladesh?
Yes, valid IRC is must unless not exempted in the Importers, Exporters and Indentors (Registration) Order, 1981. However, the requirement of IRC is exempted in following two cases: i) LC for import of capital machinery and initial spares for setting up new industrial unit may be allowed without IRC (para 8(16)(a)(iv) of Import Policy Order, 2015-18) and
ii) individuals or institutions may import permissible items valued up to US Dollar seven thousand for their own use under cash foreign exchange without IRC (para 11(i) of Import Policy Order, 2015-18).
Disclaimer: The content of this website is developed for educational purpose only and not for providing any legal advice. The users should consult applicable guidelines/circulars of Bangladesh Bank and other regulatory bodies before making any business decision.
While every effort is made to ensure accuracy of the information in this website, we assume no responsibility for any damages or losses to users resulting from any error/omission/inadvertent alteration in information provided by this website.