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E-commerce companies will have to register within two months E-Commerce
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E-commerce companies will have to register within two months

Bangladesh Live News | @banglalivenews | 29 Oct 2021, 10:52 am

Dhaka, October 29: Companies associated with e-commerce will have to register with the Ministry of Commerce within the next two months and keep a deposit with Bangladesh Bank. Instructions have been given in this regard.

The directive was given at a cabinet meeting chaired by Prime Minister Sheikh Hasina on Thursday (October 28). The Prime Minister took part in the virtual meeting. After the meeting, Cabinet Secretary Khandaker Anwarul Islam told reporters at a press briefing at the Secretariat.

The cabinet secretary said, "Evaly and e-commerce was discussed in today's meeting. They have decided on this, we have sat down ourselves and given instructions. All those who will be involved in such e-commerce will have to register for a preside program within the next two months. Comapnies must register with the Ministry of Commerce within two months. Besides, they have to keep a deposit in Bangladesh Bank. So that in case of any kind, everyone will be refunded from that deposit."

Khandaker Anwarul Islam said that BFIU (Bangladesh Financial Intelligence Unit) and other digital monitoring platforms and intelligence agencies have been instructed to check their character so that no one can do anything wrong.

As well as instructions for extensive campaigns. There have been instructions to run a massive campaign to make people understand. The fact that we are listing these companies on a digital platform is authorized by the government, so no one will transact outside of it. If you do, it is your own responsibility. The government will not take responsibility for that.