The issuance of Trader Certificates (TC) in Bangladesh is governed by key legal frameworks including the Exchange Demutualization Act, 2013 (Act XV of 2013), which outlines regulatory requirements for stock exchange demutualization and Trader Certificate issuance. Additionally, the Dhaka Stock Exchange (Trading Right Entitlement Certificate) Regulation, 2013, specifically addresses the eligibility and procedures for Trading Right Entitlement Certificates (TREC), closely related to TCs. Furthermore, provisions within the Companies Act, 1994, also impact TC issuance, ensuring compliance with corporate governance and regulatory standards in stock exchange operations. These laws collectively establish the legal basis for regulating and issuing Trader Certificates in Bangladesh.
Issuing authority
Name : Dhaka Stock Exchange Ltd. (DSE)
Address: Stock Exchange Building, 9/F, Motijheel C/A, Dhaka-1000.
Website: www.dsebd.org
Required list of all documents
- Duly filled in TC Application Form-B [Original Copy]
- Trader Certificate (TC) Issuance Fee [An Account Payee Cheque of BDT 10,000/- in favor of Dhaka Stock Exchange Limited]
- Duly signed in Bio-data along with two copies of recent passport size color photograph of the applicant [Original copy]
- Photocopy of all educational certificates & National ID card of the applicant [Photocopy duly attested]
- Undertaking of the applicant on Non-Judicial Stamp of Tk. 300/- [Original copy]
- Notarized Affidavits with Notarial Certificate in original on Non-Judicial Stamp of Tk. 2007- [Original copy]
- Declaration regarding having no TC issued earlier in the name of the applicant [Original copy]
Step by step all process
Step 1 Application Form Collection and Submission: The applicant collects the TC “Application Form” from the DSE office and submits the completed form along with required documents as stated for issuance of TC.
Step 2 Document Review and Verification: DSE office receives the application and required documents, conducts a comprehensive review, and verifies the submitted documents. If necessary, additional documents that enhance the credibility of the information provided may be requested.
Step 3 Training and Examination: DSE office arrange for training and examination to evaluate the applicant. Based on the result of the examination, DSE office decides whether to issue TC of the applicant or not.
Step 4 Issuance or Rejection: DSE office issues TC of the applicant. If DSE rejects the application, a letter is issued towards the applicant mentioning the reason for rejection.
Fee schedule
Trader Certificate (TC) issuance fee: An Account Payee Cheque of BDT 10,000/- in favor of Dhaka Stock Exchange Limited.
Official time limit
15 Days
Actual time limit
Renewal process
Required list of all documents
**
1. A complete Application and original TC [Original copy]
2. An Account Payee Cheque of BDT 50,000/- in favor of Dhaka Stock Exchange Limited as fee for renewal of TC [Original copy]
Step by step all process
Step 1 Submission of Application: DSE office issues/emails a reminder letter to the TREC Holder company for renewal of TC. The TC Holder company submits an application along with an Account Payee Cheque of BDT 5,000/- in favor of Dhaka Stock Exchange Limited for renewal of its TC.
Step 3 Document Verification: DSE office verifies the submitted documents. If any deficiencies are found, corrected documents are requested from the TC Holder company. Based on the submitted documents, DSE office decides whether to renew TC of the applicant.
Step 4 Renewal Notification or Rejection: If approved, DSE office renews TC of the applicant and informs the TC Holder to collect their TC. If the application is rejected, a rejection letter is issued to the applicant, stating the reason for rejection.
Fee schedule
Trader Certificate (TC) Renewal Fee: An Account Payee Cheque of BDT 5,000/- in favor of Dhaka Stock Exchange Limited
Official time limit
Time may vary
Actual time limit