Home ›› Trade

5yr trade licence renewal under DSCC starts

Staff Correspondent
06 Jul 2023 18:43:45 | Update: 06 Jul 2023 18:45:28
5yr trade licence renewal under DSCC starts
— Courtesy Photo

Dhaka South City Corporation (DSCC) Mayor Sheikh Fazle Noor Taposh on Thursday said from July 1 this year, traders – especially under ten zones of the city’s southern areas – will get a fully online trade licence renewal facility for up to five years.

The mayor said this at a programme of signing a memorandum of understanding (MoU) between DSCC and Dhaka Chamber of Commerce and Industry (DCCI), read a press release.

DSCC and DCCI inked the MoU in order to give extended services to the members of DCCI and expedite ease of doing business. In presence of the DSCC mayor Taposh and DCCI President Md Sameer Sattar, the MoU was signed at the DCCI auditorium in the capital.

Meanwhile, the "Trade Licence Service Booth" has been set up at DCCI initially for the next two weeks till July 20 to give online trade licence renewal services to the DCCI members in the south city corporation area.

The mayor inaugurated the online trade licence renewal process at DCCI and also handed over the renewed licences among the DCCI members on the spot.

In his speech, Taposh said the MoU signed between DCCI and DSCC is a milestone initiative of public-private partnership to steer the economic development of the country.

He also said without increasing any trade licence fees or holding tax, the DSCC made a profit of about Tk 524 crore in the last three years. Dhaka itself contributes about 36 per cent of the total GDP of Bangladesh which will be enhanced in the near future, he said.

“For the greater development of economy, we would like to work hand in hand with the private sector in future.”

The DSCC has already taken a master plan to make Dhaka a smart and developed city, the mayor said.

He later invited the member of DCCI of the southern part of Dhaka to avail the facility of an online trade licence renewal process. 

Sameer Sattar said the MoU signed between DCCI and DSCC is a remarkable initiative from which businessmen will be benefitted.

According to the MoU and under the joint initiative of DCCI and DSCC, “Trade License Service Booth” has been established at DCCI initially for the next two weeks to give services to the members of DCCI who have their businesses in the south city corporation area, he said.

The booth will be able to act as a One Stop Service Point to the DCCI members during this time, he hoped.

Sameer termed it as a milestone initiative of public-private partnership and this type of bondage will help strengthen the ease of doing business in the country.   

DSCC CEO Md Mijanur Rahman said the MoU has created a platform to work jointly for the development of the economy. This is a new beginning and the DSCC is committed to facilitating businessmen through digitalised services, he said.

“The more we can provide online services, the more we can facilitate ease of doing business,” Mijanur added.

×