Business Identification Number (e-BIN)
The Electronic Business Identification Number (e-BIN), commonly known as VAT Registration, is the primary legal identifier for any business operating under the Value Added Tax and Supplementary Duty Act 2012.
As of January 2025, the government has implemented significant updates to registration thresholds. Obtaining an e-BIN is no longer just for large corporations; it is a mandatory requirement for nearly all commercial entities to participate in the formal economy, including banking, tendering, and international trade.
Key Registration Thresholds (Updated 2025)
- Mandatory VAT Registration: Required for businesses with an annual turnover exceeding BDT 5 million.
- Turnover Enlistment: Required for businesses with an annual turnover between BDT 3 million and BDT 5 million.
- Compulsory Registration: Regardless of turnover, all importers, exporters, limited companies, and specific service providers (as per General Order 17) must obtain an e-BIN to operate legally.
How We Help
At Pioneer BizCare, we provide a “Audit-Ready” registration service. We don’t just submit forms; we ensure your business structure is set up to handle future VAT compliance and field inspections seamlessly.
1. Professional Application Management
We manage the entire VAT Online System (VOS) process, ensuring that your business classification and economic activity codes are accurate to avoid future tax complications.
2. Field Audit Facilitation
A critical step in the e-BIN process is the Physical Inspection or field audit conducted by the Assistant Revenue Officer (ARO). We assist you in:
- Organizing your business premises to meet NBR standards.
- Preparing the necessary purchase and sales records for the inspector.
- Liaising with the VAT office to ensure a positive field audit report.
3. Compliance & Documentation Support
We ensure all mandatory documents are verified and formatted correctly for the NBR portal:
- Corporate Identity: Trade License, e-TIN, and Certificate of Incorporation (with Form XII).
- Financial Records: Bank statements from the last year and turnover projections.
- For Manufacturers: Preparation of the Input-Output Coefficient (Mushak-4.3), machinery lists, and factory layout plans.
Required Documents Checklist
To ensure a smooth application, please have the following ready:
- Basic Info: Valid mobile number and email address (linked to the authorized person).
- Legal: Trade License, e-TIN (Company & Directors), and NID/Passports of all Directors.
- Premises: Rental agreement and a location map of the business/factory.
- Financials: Last 12 months of bank statements and projected turnover for the next year.
- Trade: IRC/ERC certificates (if applicable) including HS Codes for major items.
Why Choose Pioneer BizCare?
Under the Finance Ordinance 2025, non-compliance or failure to register when liable can result in significant penalties and the “locking” of your BIN, which halts all imports and exports. We provide the strategic oversight needed to secure your e-BIN and keep your business moving.
Here is the professionally rewritten content for your Export Registration Certificate (ERC) section, updated with the latest 2025 regulatory standards and the Export Policy 2024–2027.
