set up in bangladesh

How We help Foreign Companies to Register in Bangladesh

Bangladesh is home to an increasing number of foreign companies, thanks to a liberal industrial policy that provides foreign investors with a variety of lucrative opportunities, making Bangladesh one of the fastest-growing foreign entity hubs in the world.

Representative Office

Foreign companies can register with the Bangladesh Investment Development Authority to open representative or liaison offices in Bangladesh (which took over from the Board of Investment in 2016). To establish a representative or liaison office, permission from Bangladesh Bank.

Features:

1. By maintaining coordination with the local agent, the liaison office can continue to carry out only a limited number of activities.
2. Foreign entity is not permitted to profit from local business activities, and the entire establishment is prohibited from doing so.
3. The Parent company would be responsible for the operations

Foreign Company

Foreign companies can register with the Registrar of Joint Stock Companies and Firms under section 378 of the Companies Act, 1994 to open a business in Bangladesh. Earlier registration with the BIDA and the central bank is required. A foreign company must first obtain permission.

Features:

1. In Bangladesh, a branch office has more scope and flexibility than a liaison or representative office.
2. With the approval of BIDA and other relevant authorities, a foreign company’s branch office may engage in commercial activities.
3. A branch office can fund their business with income generated locally.

Local Subsidiary

The Companies Act of 1994 allows foreign companies to form a 100 percent foreign-owned local subsidiary company. Foreign companies and/or foreign nationals would own shares in the local subsidiary. The laws of Bangladesh would apply to the local subsidiary that was formed.

Features:

1. In accordance with the Companies Act of 1994, annual general meetings and board meetings would be required.
2. The company would be required to comply with the Companies Act’s annual filing requirements.
3. Upon obtaining the necessary permits, the local subsidiary would be able to engage in a variety of activities, including the opening bank accounts

Company Registration in Bangladesh, Cost, Process, Service

Get Exclusive Consultation For Joint Venture Company

Under the Companies Act of 1994, foreign nationals and companies can form joint ventures with local companies and nationals to form a local company. After obtaining the necessary permits, the local company would be able to engage in a variety of activities, including the opening and operation of bank accounts, the employment of staff (including foreign nationals), and the importation of goods.

gulshan

Gulshan

Motijhil

Motijheel

Dhanmondi

Company Formation in Bangladesh

Bangladesh has been very welcoming to foreign investors, allowing foreign investment in almost all sectors and providing favorable business conditions.

Bangladesh offers foreign investors a variety of incentives, including:

  1. Exemptions and tax holidays
  2. Facilitation of utility connections 2. Simplified import of raw materials and machinery
  3. In the next 15 years, the Bangladesh Economic Zone Authority (BEZA) plans to establish 100 economic zones across the country.

Foreign direct investment has been steadily increasing, reaching a high of US$ 2.4 billion in 2017.

Bangladesh is now one of the world’s most promising emerging markets, and foreign investors are beginning to recognize it as one to watch. Bangladesh is close to other major markets in the region, such as China, due to its location on the border of South and Southeast Asia.

foreign investors

Register / Incorporate a Foreign Entity Setup in Bangladesh

Bangladesh is home to an increasing number of foreign companies, thanks to a liberal industrial policy that provides foreign investors with a variety of lucrative opportunities, making Bangladesh one of the fastest-growing foreign investment hubs in the world. The economy has been consistently growing at over 6% over the last decade, and it has a large local consumer base, making it an appealing destination for investment in a wide range of sectors. Although it is a global company, services are provided by a local partner with a global flavor. Our expertise is well-known in the practical application of local company registration law and the entire business setup process.

FAQs For Foreign Entity Setup Services

Company Registration and Formation With Our Foreign Entity Setup Services.

Online Company Registration, Tax Filing, Valuation reports and Secretarial Services in Dhaka, Bangladesh. We are a team of Chartered Accountants, Company Secretaries and Lawyers and we have our offices in Dhaka and Chittagong, with associates spread across the country.

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