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People can no longer operate e-commerce businesses in the country without having a digital business identification (DBID) number, which can be availed even without a trade license given that the entity has an official website or social media page, according to new guidelines in this regard.
The e-Commerce Association of Bangladesh (e-CAB) today wants the value-added tax on the rents of any company’s office, warehouse, fulfilment centre and sorting houses to be abolished, as the cost affects the pricing of products also.
As a fast-growing economy blessed with favourable demography and high domestic consumption, Bangladesh has seen significant growth in the e-commerce sector.
The e-commerce sector of Bangladesh witnessed significant growth since the outbreak of Covid-19 in March 2020.
Regaining customers’ trust will be the major challenge for Bangladesh’s e-commerce sector in this new year of 2022.