The branch office is a leading choice for foreign investors to establish their operations in Bangladesh since it is easy to exit the Bangladeshi market and can preserve the parent company’s brand image. The foreign business must abide by Bangladeshi rules to open a branch office here. For this, you must have a thorough understanding of the compliance requirements for…
Many foreign businesses are keen to establish liaison offices in Bangladesh to handle liaison operations on their behalf. This is because of the profitable opportunities for foreign investments in Bangladesh. These liaison offices serve as a conduit for information between international businesses and their Bangladeshi clientele. However, there are a number of challenges that they may encounter when establishing their…
Due to no restrictions on commercial activity and the potential of making profits, setting up a subsidiary company in Bangladesh is a lucrative prospect for foreign investors. The subsidiary company is one of the favoured methods of market entry for foreign investors wishing to start a local firm in Bangladesh. However, understanding the procedure and necessary documents is crucial before…
Compliances for a private limited or subsidiary company in Bangladesh becoming more stringent than ever before. Apart from the annual compliances, there are number of compliances on monthly, quarterly and half-yearly basis as below: Annual Compliances Company Affairs (Companies Act 1994) Statutory auditing; – Holding annual general meeting; – Annual RJSC return filing; Income Tax (Income Tax Ordinance 1984): Filing…
A foreign company must register an entity in Bangladesh before it can commence it business here. If you are looking to incorporate or expand your business to Bangladesh, you may consider the following options. Investor can register one of the below options: Private Limited Private Limited Companies are suitable for individual businesses entrepreneurs that require registration as a private entity.…
A foreign company intending to expand its business to Bangladesh, usually have option either to choose Equity-based entry mode or Non-equity-based entry mode. Incorporating a subsidiary company is considered as Equity-based entry mode and setting up a Branch or Liaison office is called non-equity-based entry mode. Equity-based Entry / Incorporate a Subsidiary: Foreign Investors can register or incorporate a fully-owned…
Though foreign investment and 100% foreign ownership is permitted in general, with a limited industries and business activities which have some restriction for foreign investment in Bangladesh as below: Businesses where 100% Foreign ownership is not permitted Number of business activities mentioned as below where 100% foreign ownership is not allowed: Courier service agent Buying houses and indenting agents Advertising…
How To Register A Private Limited Company In Bangladesh A foreign investor is eligible to register a 100% foreign owned Private Limited Company (PLC) in Bangladesh which is commonly known as FDI company. It is the preferred business arrangement for individual entrepreneurs who want to establish a local company in Bangladesh. Characteristics of a Private Limited Company in Bangladesh It…
How To Register A Liasion Office In Bangladesh A liaison office is suitable for foreign companies that wish to set up an administrative office to explore business opportunities in Bangladesh or coordinate activities on behalf of its parent company. A liaison office does not have any legal status and thus, cannot be engaged in any commercial or revenue yielding activities,…
The advantages and scope of profit through opening a branch office in Bangladesh attract many foreign investors to the country. A branch office can easily conduct its everyday operations with the approval of the brand office registration body, BIDA. However, it is not a separate organization. Now you are wondering how to open a branch office in Bangladesh. Don’t worry!…
