To open a Business Identification Number (BIN) in Bangladesh, you must register with the National Board of Revenue (NBR). The BIN serves as a unique identifier for businesses and is essential for tax compliance, banking, and participating in tenders.
Step-by-Step Guide to Obtaining a BIN
- Prepare Required Documents:
- Valid National ID or Passport
- Updated Trade License
- Taxpayer Identification Number (TIN) certificate
- Proof of business address (e.g., utility bill or lease agreement)
- Bank account details
- Company incorporation certificate (for limited companies)
2. Online Application:
- Visit the NBR’s official website.
- Create an account or log in.
- Fill out the BIN application form with accurate business information.
- Upload the required documents.
- Submit the application.
3.Receive Your BIN Certificate:
- The NBR will review your application.
- If approved, you will receive your BIN certificate electronically, usually within a few days.
For a comprehensive guide on BIN registration, including detailed steps and document requirements, you can refer to the Divisional Consultancy’s article: BIN Certificate Total Guide in Bangladesh.