Professional Consulting & Advisory Firm (Company Law & Tax)
Professional Consulting & Advisory Firm (Company Law & Tax)
Industrialization is an important step towards sustainable economic development. However, industrial station may also inflict environmental degradation like air, water and soil pollution. Therefore, the government of Bangladesh advocates for environmental management to reduce the harsh impacts of industrialization. It enacted the Bangladesh Environmental Conservation Act 1995 and Environment Conservation Rules 1997 for protection of the environment and reduce pollution. It has also included an article 18 A into the constitution of Bangladesh which states that the “state shall endeavor to protect and improve the environment and to preserve and safeguard the natural resources, bio-diversity, wetlands, forests and wild life for the present and future citizens.”
All industrial sites are categorised into one of the following with respect to their project and impact on the environment:
Green, Orange A, Orange B, Red
The frequency of the license renewal depends on the category of the industry. Green category is required to renew their license every three years and rest of the catergory is required to renew their license every year. The Environment clearance certiticate is issued by the Ministry of Environment and Forests.
Original NOC from local Authority
Project profile from containing project details
Layout plan
Cadastral/Cadastre map with Daag and Khotiyan
BIDA registration
Rent Agreement or Document of Land ownership (whichever applies)
Treaury Challan for fee payement
Estimated processing time for issuance of Environment Clearance certificate is 1-5 months.
If the total investment of the project is between BDT 1 (one) to BDT 50 (fifty) crore the fee shall be between BDT 1500 (fifteen hundred) to BDT 50000 (fifty thousand). If the total investment is above 50 (fifty) crore the fee shall be BDT 100000 (one Lac).
If the total investment of the project is between BDT 1 (one) to BDT 50 (fifty) crore the fee shall be between BDT 375 (three hundred & seventy five) to BDT 12500 (twelve thousand five hundred). If the total investment is above 50 (fifty) crore the fee shall be BDT 25000 (twenty five thousand).
The partnership deed and filled up Form I should be filed with RJSC. These documents will be reviewed by the officials of the RJSC. When the officials are satisfied with the points stated in the partnership deed, he shall record an entry of the statement in a register called the Register of Firms and issue a Certificate of Registration.