A question is regularly being asked to the law chamber in Dhaka about how to open a Pharmacy Business in Bangladesh. This writing focuses on the issue of starting a Pharmacy Business in Dhaka, Bangladesh.
If you have queries, Please contact us
E-mail: info@counselslaw.com
Phone: +8801700920980 | +8801947470606
Address: House 39, Road 126 (3rd Floor) Islam Mansion, Gulshan 1, Dhaka.
How To Open A Pharmacy Business In Bangladesh
To open a pharmacy business in Bangladesh, you need to understand the regulatory requirements, obtain licenses, find a suitable location, appoint a qualified pharmacist, establishing supplier relationships, design a customer-friendly store, hire competent staff, implement record-keeping systems, develop a marketing plan, emphasize patient counselling, and ensure compliance and quality assurance. Consulting professionals is advisable to meet legal and financial requirements.
What Are the Processes to Open Pharmacy Business in Bangladesh?
It is very easy to open a Pharmacy Business in Bangladesh. Just follow some steps to ready the documents to open a Pharmacy Business in Bangladesh.
Step 1: Permission from the Bangladesh Pharmacy Council
To conduct business as a pharmacist in Bangladesh, you must first obtain Shonod (Permission) from the Bangladesh Pharmacy Council. You can obtain Permission after completing a 6 months course from the Bangladesh Pharmacy Council.
Step 2: Obtaining a drug license
Collect Form 7 from the Directorate General of Drug Administration (DGDA). Fill Form 7 and send it to DGDA to apply for the drug license. Along with Form 7, the applicant must also submit the-
- Bank statement
- Treasury Chalan of the License fee submission
- The receipt of the rent of the shop or photocopy of the rental agreement. If you own the shop, then the Deed of ownership of the shop.
- An Angikarpotro by another licensed pharmacist.
- A copy of your Trade License – if you want to set up a pharmacy in a municipal area of Bangladesh, then you must obtain Trade License. To learn how to obtain a trade license in Bangladesh, please look at our article “Trade License Process and Cost” here.
- A copy of the certificate of completion of the 6-month course by the Bangladesh Pharmacy Council
Fees
As mentioned in Step 2 above, Treasury Chalan of the License fee submission must be shown when applying for the drug license. A fee of 3000 Taka must be paid through Treasury Chalan if the pharmacy is set up in a municipal area of Bangladesh. In the case of areas outside the municipal areas, the fee will be 1500 Taka.
After every 2 years, the license must be renewed. The renewal fee for pharmacists inside the municipal areas of Bangladesh is 2000 Taka; for pharmacists outside the municipal areas, the fee is 1000 Taka.
Pharmacy Business formation at CLP
The Barristers, Advocates, and lawyers at CLP in Gulshan, Dhaka, Bangladesh, are highly experienced at assisting clients through the entire process relating to the formation of a pharmacy business in Bangladesh. For queries or legal assistance, please reach us at:
E-mail: info@counselslaw.com
Phone: +8801700920980 | +8801947470606
Address: House 39, Road 126 (3rd Floor) Islam Mansion, Gulshan 1, Dhaka.
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