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…
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…
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…
Bangladesh’s growing economy and business scope make it an attractive destination for foreign investors looking for lucrative business opportunities. Liaison offices are used by foreign companies who want to establish a location in Bangladesh but do not intend to start operations. The Liaison Office in Bangladesh can only be established with the approval of the Bangladesh Investment Development Authority (BIDA).…
