Professional Documents
Culture Documents
Assignment Three.p
Assignment Three.p
Assignment Three.p
Assignment Three
Submitted to:
Dr. Mohammad Harisur Rahman Howladar
Professor
Department of Management
University of Chittagong
Submitted by:
Richard Stephen Gomes
BBA 1st semester
Student Id: 19302130
Question no: 01
What is trade license? How do you collect trade license?
Trade License
Business licenses are permits issued by government agencies that allow individuals or companies
to conduct business within the government's geographical jurisdiction. It is the authorization to
start a business issued by the local government
Trade License is mandatory for every form of business entity in Bangladesh. It is issued by the
local government of the respective areas. Every business entity must obtain Trade License from
each local government where it operates. If a business entity has more than one place of business,
it must obtain Trade License from each local government. It is issued for one year and have to be
renewed annually. Trade License attracts some government fees, which usually depends on the
types of business
PROCESS STEPS:
Dhaka City Corporation (DCC) has two forms for a trade license depending on the type of
business. A commercial firm must use the “K” Form. Even though the ten zonal offices use the
same K Form, a business must buy the form from its respective zonal office. A seal and the initials
of the officer selling the form is what distinguishes it from that of other zones. The form costs Tk.
10.
After the form is completed it has to be submitted to the local ward commissioner for validation.
STEP 3: COLLECT LICENSE BOOK BY TK. 50 AND SUBMIT APPLICATION WITH SUPPORTING
DOCUMENTATION TO DCCS ZONAL OFFICE.
For the K Form, a rent receipt for the premises where the business is operating from or, if owned,
the municipal tax payment receipt has to be provided. Supporting documents include:
• Upon submission of the form, the LS usually goes to the business entity for a visit to verify
the information provided.
After inspection by the LS is concluded, the business is asked to go to the DCC office to pay the
predetermined fee and collect their trade license. The fee schedule depends on the business
category under which the application was filed.
When collecting the trade license, a signboard fee has to be paid as well. For all types of business
the signboard fees will payable 30% of the License fee.
PROCESS STEPS:
The “I” Form will have to be purchased for Tk. 10 from the DCC zonal office where the
manufacturing firm has to submit its application.
Upon submission of the form, the LS usually goes to the business entity for a visit to verify the
information provided.
After inspection by the LS is concluded, the business is asked to go to the DCC office to pay the
predetermined fee and collect their trade license. The fee schedule depends on the business
category under which the application was filed.
When collecting the trade license, a signboard fee has to be paid as well. For all types of business
the signboard fees will payable 30% of the License fee.
The renewal process is comparatively routine and no inspection is required. When the trade license
comes up for renewal the business has to go the LS.
PROCESS STEPS:
STEP 1: PICK-UP DEMAND BILL FROM THE LICENSE BOOK (THIS BOOK IS VALID FOR FIVE
YEARS)
Upon checking the expiring trade license, the LS fills in the particulars in a demand bill and gives
the booklet to the business. The demand bill is a four page booklet similar to a bank deposit slip.
The same information is filled into all the pages: one page is for the bank and one is for the
business.
Deposit designated bank through demand bill and it will automatically renew the license.
Question no: 02
How do you collect BSTI license, patent and trade mark registration, export and import
registration certificate?
1. Trade License
2. Permit from BOI/BSCIC (Not mandatory)
3. Trade Mark Registration/Copy of Application (Not mandatory)
4. Label/Marking
PROCESS STEPS:
Step 2: Submit Application with supporting documents. Fee for new application is Tk. 50, for
renewals Tk. 25. Add supporting documents.
Step 4: Testing- From random sample of the product tests are carried out according to relevant
Bangladesh Standard.
Step 5: Upon issuance of certificate a license fee is to be paid based on a formula {(0.1% of
minimum production capacity) x (X factory price)}.
Step 6: Obtain License.
TIME FRAME:
For the Testing it takes generally 3-7 days. Frequently delays due to backup occur. Also, time
taken depends on the type of product, and can vary from one day to six months. The renewal period
is June through August and due to rush can take longer than usual.
RENEWAL PROCESS:
Renewal of Quality Certification follows the same process for a new License.
Patent Registration
A patent is a form of intellectual property that gives its owner the legal right to exclude others
from making, using, selling and importing an invention for a limited period of years, in exchange
for publishing an enabling public disclosure of the invention.
An application for a patent may be made by any Bangladeshi or any foreigner, and by alone or
jointly with any other person. The application must be made to the Department of Patents, Designs
and Trade Marks (DPDT) in the prescribed form. The application must contain a declaration that
the applicant is in possession of an invention, whereof he, or in the case of a joint application one
at least of the applicants, claims to be the true and first inventor or the legal representative or assign
of such inventor and for which he desires to obtain a patent, and must be accompanied by complete
specification.
SPECIFICATIONS
The Registrar may require that suitable drawings/model or sample of anything illustrating the
invention shall be supplied and such drawings/model or sample shall be part of the complete
specification.
FILING REQUIREMENT
(c) Two sets of specification and one set of drawing on tracing paper (transparent),
(f) Certified copy of the foreign patent (in case of claiming priority)
On the acceptance of an application the Registrar shall give notice thereof to the applicant and
shall advertise the acceptance and with the drawings (if any) shall be open to public inspection.
OPPOSITION
Any person at any time within four months from the date of the advertisement of the acceptance
of an application give notice at the DPDT of opposition to the grant of the patent. The opponent
must state the grounds of his opposition.
If there is no opposition a patent shall be granted, subject to such conditions as the authority thinks
expedient, to the applicant, or in the case of a joint application to the applicants jointly, and the
Controller shall cause the Patent to be sealed with the seal of the Patent Office.
TERM OF PATENT
The term limited in every patent for the duration thereof is sixteen years from its date and renewal
is required after four years up to 15 years. In case of priority, the commencement of four years
shall start from the date of priority application.
Service Marks can also be registered in Bangladesh. Applicants can apply for registration of
service marks in Bangladesh. The International Nice Classification of Services is applicable for
this purpose.
SEARCH
The applicant may conduct a search for similar trademarks with the DPDT. This is not mandatory
for the registration of trademarks.
APPLICATION OF TRADEMARK
After filing the application, the Registrar may either accept or reject or order to correct or modify
the application. An application for registration of a trade mark may be accepted either absolutely
or subject to conditions or limitations. The Registrar, on receipt of the application, issues Official
Filing Receipt. The document contains all relevant filing details on the trademark e.g. Application
Number, date of application, the trademark etc.). If the Registrar reject any application, s/he should
issue a show cause letter to the applicant. The applicant must submit reply to the show cause notice
and may seek a hearing in the matter within three (3) months otherwise, the application will be
deemed abandoned
JOURNAL PUBLICATION
After an application is accepted by the Registrar, s/he shall provide a Journal Notification to the
applicant for the advertisement of the mark. Afterwards the applicant is required to deposit journal
fees though pay order/treasury chalan/bank draft. Then DPDT will send the mark to Bangladesh
Government Press (BG Press) for publication.
After BG Press publishes the mark, any person may within two (2) months from the date of the
publication give notice of Opposition to the Registrar using prescribed form.
The Registrar shall send a copy of the Notice of Opposition to the Applicant and the Applicant
shall within Two month of receipt of the Notice of Opposition, file a Counter-Statement of the
grounds for which it relies for its application to be registered. Failure to file the Counter-Statement
within the prescribed period will result in the application being deemed abandoned. The applicant
may seek extension of time for filing Counter-Statement along with Govt. fees.
Where a Counter-Statement is filed, the Registrar shall furnish a copy thereof to the Opponent.
The parties are required to file evidence by way of Affidavit and the Registrar shall, after hearing
the parties, decide on whether the application should be registered or not. The Registrar’s decision
shall be subject to appeal to the High Court.
If there is no opposition, DPDT will inform the applicant to pay certification fees. The applicant
is required to submit the money receipt of the certification fees to DPDT.
On the registration of a trade mark the Registrar shall issue to the applicant a certificate in the
prescribed form of the registration thereof sealed with the seal of the Trade Marks Registry.
A registered trademark is valid for an initial period of seven (7) years from the date of filing and
renewable thereafter for successive periods of Ten (10) years.
Renewal fees must be paid before the expiry date but not more than six months prior the expiry.
Late renewals available, normally up to four months after expiry date, with payment of late fees.
Extensions at the direction of Registrar are liberally granted with payment of additional fees.
ASSIGNMENT OF TRADEMARK
The Registered proprietor of a Trade mark has power to assign the registered trademark with or
without goodwill of the business in respect of all or some of the goods for which it is registered.
Where a person becomes entitled by assignment or transmission to a registered trademark, he shall
make application to the Registrar (in the prescribed manner) to register his title and the Registrar
shall, on receipt of the application and on proof of title to his satisfaction, register the Assignee as
the proprietor of the trademark.
LICENSING OF TRADEMARK
Licenses must be recorded with the authority to be effective. Application for record must be made
to the Registrar.
Where the rights of a proprietor of a registered trademark has infringed, s/he can initiate civil
proceeding or criminal proceeding for remedy. Any suit regarding the infringement of trademark,
or to establish the right or any ratified right respecting trademark shall be instituted in the Court of
District Judge within whose jurisdiction the infringement occurred. A criminal proceeding has to
be instituted in the Court of Metropolitan Magistrate or any other 1st class Judicial Magistrate.
Remedy in a suit for infringement may be availed in the form of injunction, damages, an accounts
of profit, destruction or erasure of falsifying trademark, delivery up the goods marked with false
trademark.
• Certificate of Incorporation
• Articles of Association
• Memorandum of Association
(To facilitate verification of the submitted documents, applicants are requested to submit the
original documents as well. The original copies of the documents will be returned at the completion
of the process).
PROCESS STEPS:
Step 1: Collect ERC form from office of Controller Import and Export.
Step 2: Deposit schedule fees at Bangladesh Bank or designated branches of Sonali Bank. Fees
should be deposits under the head number: 1 – 1731 – 0001 – 1801
(Sonali bank branches should be used only where Bangladesh Bank is not available). Collect and
complete 3 copies of Chalan Form and pay the scheduled fee.
• Certificate of Incorporation
• Articles of Association
• Memorandum of Association
(To facilitate verification of the submitted documents, applicants are requested to submit the
original documents as well. The original copies of the documents will be returned at the completion
of the process).
PROCESS STEPS
Step 1: Collect IRC form from office of Controller Import and Export.
Step 2: Deposit schedule fees at Bangladesh Bank or designated branches of Sonali Bank Fees
should be deposits under the head number: 1-1731-0001-1801
(Sonali bank branches should be used only where Bangladesh Bank is not available). Collect and
complete 3 copies of Chalan Form and pay the Schedule fee
Category
Ceiling Value of annual Initial Registration Annual renewal fees
import Fees
List the support service for business organizations provided by government institutions in
Bangladesh.
Bangladesh small and cottage industries corporation (BSCIC): There is a training institute
under BSCIC for the training of the entrepreneurs which is popularly known as “Small and cottage
industries training institute (SCITI)”. It is situated in Dhaka.
Youth development training center: Youth development training center give training to the
educated and less-educated young persons. Those young people also become entrepreneurs in
future.
Directorate of women: Directorate of women is an institute under the Ministry of women and
children. They provide various entrepreneurial assistance to unemployed women.
NOTRAMS: NOTRAMS is an institute under the Ministry of education who provides computer-
related training to the young uneducated people. As a result, an unemployed young person can
take the initiative to start a new enterprise through the help of computer knowledge.
Bangladesh Small and Cottage Industries Corporation (BSCIC) is the prime mover organization
for the development of small and cottage industries in Bangladesh. It is an autonomous corporation
under the Ministry of Industries. It was established by an Act of the parliament in 1957.
Here discusses the role of BSCIC in developing entrepreneurship and small business of
Bangladesh –
BSCIC is a prime government organization entrusted for rapid industrialization of small and
cottage Industries in the country. Under the direct or indirect initiative of BSCIC, plenty of
entrepreneurs has been created and enterprises have been set up in the country. BSCIC is to provide
facilities to the existing and new entrepreneurs to expand and develop their markets and to stay
and sustain in the competitive environment.
Bangladesh Small and Cottage industries Corporation (BSCIC) plays an important role in
developing entrepreneurship and small business of Bangladesh. The roles of BSCIC are as follows:
Export Promotion Bureau (EPB) is a government agency of Bangladesh under the ministry of
commerce, entrusted with the responsibilities of promoting export of the country. It was
established in 1978.
Role of EPB –
BGMEA is being run by a 27-member elected Board of Directors. Four Vice Presidents having
important portfolios, along with a secretariat of experienced officials, assists the Board in
formulating and executing vital policies and programs of the organization. The President is the
highest executive authority of the BGMEA.
The fundamental objective of BGMEA is to establish a healthy business environment for a close
and mutually beneficial relationship between the manufacturers, exporters and importers in the
process ensuring a steady growth in the foreign exchange earnings of the country. BGMEA issues
UD to its exporters thereby monitors export as well. BGMEA plays a very strong role to lead the
industry in concurrence with the government. The following are the regular activities of BGMEA
for its members, apparel buyers and other partners.
To Protect and uphold the interest of the industry by aiding the formulation of government policies
consistent with a congenial growth of the sector.
Committed to protect the interests of its members and their employees by implementing legitimate
rights and privileges for garments workers.
To negotiate and consult with foreign and local agencies to promote the garments sector in every
possible fields.
To provide foreign buyers with all necessary information regarding all issues concerned with the
RMG sector.
BGMEA brings the opportunities for local manufacturers to interact with foreign buyers and form
new rapport by arranging different apparel fairs at home and abroad.
To keep the BGMEA factories child labor free through continued monitoring.
Continue educational support to workers’ children and make a provision for skill training for
children removed from the BGMEA’s member factories.
BGMEA also established its own Institute called “BGMEA Institute of Fashion & Technology
(BIFT)” in 1999. Till the day BIFT is continuously developing professionals for this sector through
the courses of Fashion Designing and Garment Merchandising; and other certificate, diploma and
short courses. Transforming it into University is under process.
Promotes computer oriented solutions for better management to its member units.
Participates actively in all trade negotiations for the sector in order to get easier market access and
GSP benefits.
BGMEA’s appointed lobbyist firm has been working to get duty free access in the US market. The
New Partnership for Development Act (NPDA)of 2019 was introduced in the US House of
Representatives by Congressman McDermott and our lobbyist is working to get the bill passed.
BGMEA has introduced Service Books for each and every workers employed in the factories.
BGMEA has ensured the minimum wage implementation to the tune of 99.49% of all factories.
BGMEA regularly helps out the victims of natural calamity by providing relief, rehabilitation and
other support. BGMEA stood beside the SIDR affected people with huge relief and support.
BGMEA also rehabilitated 100 families by establishing a weaver’s village (Taath Palli) in
Manikganj.
BGMEA provides scholarship to meritorious children of the garments workers. Each year 2000
students are getting the scholarships at Dhaka and Chittagong.
BGMEA runs training programs through 27 Technical Training Centers and 3 other centers with
the objective of producing skilled workers for the RMG sector. More than 15000 trainees will be
shaped up through this program and BGMEA will appoint them in the factories. BGMEA has
trained and employed 10,000 people till the date.
BGMEA is in the process of taking over 34 vocational training centers to provide various skill sets
to the unemployed.
BGMEA regularly conducts fire drills and fire safety program at the member factories. Although
18 fire incidents took place in 2017 and 2018, there were no casualties.
BGMEA runs 10 medical centers for its workers and provides HIV/AIDS awareness. Around 4.5
million workers have already received medical treatment and 55,000 workers have been made
aware of HIV/AIDS and reproductive health.
BGMEA is going to develop a central database system for the garment workers, which will cover
all workers’ information of the readymade garment sector.
BGMEA is going to start a UD automation system to speed up custom procedures. Such online
system will bring dynamism in a way that reduces lengthiness in custom procedures.
BGMEA has distributed essential food items among workers at subsidized price during the last
Ramadan through 12 centers at Dhaka and Chittagong.
A Memorandum of Understanding (MoU) has been signed between BGMEA and IFC-SEDF on
17th June 2019 to monitor occupational safety and health status of the workers employed in the
member factories of BGMEA operating at Dhaka. Under this program all the running factories at
Dhaka have already been audited by the social compliance monitors of BGMEA and a database in
being prepared.
How Does BGMEA Want To Develop The Business In Different Countries In The World.
To develop our rmg sector we ‘ve build our infrastructure well so that local and foreign investment
can be attractive to all and the foreign crrency can be earned a lot.
Garments owners have to provide education to the workers so that workers can learn about the
operation of the machines and can be skilled as a worker.
The concerning authority should make a strong management due to ensure mangement of garments
fo having a better production,
We’ve to increase worker’s salary so that workers can lead a better life as human being.Because a
worker works for money.It must pay to the workers as early as possible.
RMG related persons have to think of the backward linkages because it’ll help our industry to
make the garments and early shipment.
They’ve to think of forward linkages too because without it, it is impossible fo us to expand our
garment sector in the near future.
The garment owner’ve to be careful of child labor because many buyers have the concern of it
and they don’t order in that garment where child labor is present.
We haven’t latest technology but if we want to keep us forward in this sector we’ve to import latest
technology for better quality and more export.
We’ve to be concerned of our competators because they are always against us through better
quality and we’ve to be more aware of our competators.
Marketing strategy should be expanded due to the improvement of rmg sector. Our concerning
body must work for getting new market around the world with the present market.Thats why
they’ve to be strategic of marketing strategy.
In Bangladesh ppolitical stability is very poor,there is no political stability in our country and it
has a bad impact on garments sector that’s why we’ve to ensure political stability.
Government policy in Bangladesh is very ordinary of rmg sector.The government have to be more
active about the policies of the rmg sector so that it can be helpful for us.
In the present world we see that many powerful nations are working against our rmg sector because
they are jealouse of the improvement of bangladeshi rmg sector’s development.Our govt. have to
be concious about any kind of activities against ours.
Most of the people of Bangladesh aren’t aware of the importance of rmg sector because they are
not educated.Through education we’ve to make our people and worker concious about the
importance of rmg sector in the circumstances of Bangladesh
Bagaldesh has a great problem of transportation because most of the roads across the country aren’t
smooth for any kind of transportation. We’ve to make our roads more useful for transportation.
In Bangladesh there is no deep sea port and it is one of the most major problem of exporting
garments to the another part of the world.we need a deep sea port for exporting garments.
RMG concerning people’ve to be concerned of the facilities to the rmg related persons.They must
increase facilities to these people so that we can have better response from them.
In maximum garments relation between owner and labor isn’t good and it creates various
misunderstanding among the workers with the owner.
Many garments management aren’t aware of giving money to the worker in time. We’ve to pay
the money in time it’ll help to have better production and encouragement to the workers. Otherwise
it’ll be a dissatisfaction of the workers.
There are many international trade barriers like quota,tariff,non-tariff,monetary barriers etc.It
always try to restrict our export to the foreign countries.Government have to be aware and active
about all kind of barriers that can be harmful for us and have to work against it.
In every garments the production can be increased by work study and it’ll help to have better
quality that will help to export more and more.