Set Up Your Subsidiary Company in Bangladesh With Full Control
We handle every step of your subsidiary incorporation — from RJSC name clearance to bank account activation — so your parent company can start operations in Bangladesh within 45 days.
No trips to Dhaka required. No coordination between five vendors. One team owns the entire process end to end.
You’ve Decided to Enter Bangladesh.
Now Comes the Hard Part.
You’ve done the market research. Bangladesh makes sense — 170 million consumers, 6%+ GDP growth, and labor costs that are a fraction of your home market. The decision is made. But then you start looking into the actual setup process for Subsidiary company, and everything gets complicated fast.
Regulatory Confusion
The Companies Act 1994, RJSC procedures, foreign exchange rules — every source tells you something slightly different. You’re reading government websites at 2 AM and still not sure what applies to a subsidiary vs. a branch office.
Banking Friction
Opening a corporate bank account from abroad sounds simple until you realize you need a non-operating account first, then a SWIFT transfer with “Equity Investment” as the purpose code, then an Encashment Certificate. One wrong step and your capital injection gets stuck.
Document Overload
Board resolutions, Memorandum of Association, Articles of Association, Form IX, Form XII, notarized translations, parent company financials — each document has specific formatting requirements that differ from what you’re used to back home.
No Reliable Partner on the Ground
You’ve gotten quotes from three different firms in Dhaka. One disappeared after the first email. Another can’t explain the timeline clearly. The third wants to charge you hourly with no ceiling. You don’t know who to trust.
If any of this sounds familiar, you’re not alone. Every foreign parent company we’ve worked with has faced this exact situation. The difference? They found a partner who actually owns the process end to end.
Who Should Open a Subsidiary Company in Bangladesh?
A Multinational Expanding into South Asia
You’re already operating in India, Vietnam, or other Asian markets. Bangladesh is the next logical step, and you need a fully independent entity that operates under local law while your parent company retains control.
A Foreign Manufacturer Entering Bangladesh
Whether it’s garments, textiles, pharmaceuticals, or electronics — you need a local entity that can sign contracts, hire workers, import raw materials, and export finished goods.
An Investor Seeking Equity Participation
You want to invest in a joint venture or acquire a stake in a Bangladeshi company. A subsidiary allows you to hold equity, participate in profits, and access local financing.
A Technology or Services Company Going Local
Your SaaS company, IT services firm, or consulting practice needs a local legal entity to sign contracts with Bangladeshi clients, hire local talent, and invoice in BDT.
A Trading Company (Import/Export)
You need Import Registration Certificates (IRC) and Export Registration Certificates (ERC). Only a locally incorporated entity — like a subsidiary — can hold these licenses.
A Parent Company Wanting Full Control
Bangladesh allows 100% foreign ownership of subsidiary companies in nearly all sectors. You don’t need a local shareholder or joint venture partner unless you choose to.
How We Set Up Your Subsidiary
Step by Step
Every subsidiary we’ve incorporated follows this exact sequence. We’ve refined it over 200+ registrations.
Strategy Call & Entity Structuring
We start with a detailed consultation to understand your parent company’s structure, business objectives in Bangladesh, and preferred ownership model. We advise on authorized capital, shareholding split, and director appointments.
Company Name Clearance with RJSC
We propose and secure your company name through the Registrar of Joint Stock Companies and Firms (RJSC) online portal. We prepare three name options to avoid delays.
Document Preparation
We draft your MoA and AoA from scratch. We prepare Form IX, Form XII, Form VI, and the board resolution. If any documents aren’t in English, we handle certified translation and notarization.
Bank Account & Capital Injection
We coordinate with a scheduled commercial bank to open a temporary (non-operating) account. Your parent company transfers paid-up capital via SWIFT with “Equity Investment” as the purpose. The bank issues an Encashment Certificate.
RJSC Registration & Incorporation
We upload your complete document package to the RJSC portal and pay all government fees. RJSC reviews and approves (typically 3-7 working days). You receive your Certificate of Incorporation.
Post-Incorporation Licensing
This is where most firms stop. We don’t. We handle Trade License, E-TIN registration, VAT Registration (BIN), corporate bank account activation, BIDA notification, and IRC/ERC if needed.
Handover & Ongoing Support
We deliver a complete company dossier with every certificate organized and indexed. Your subsidiary is legally ready to trade, hire, invoice, and operate. We stay available for 90 days post-setup.
Documents Required from Your Parent Company
We prepare most of the legal documents. But we need a few things from your side. No hidden requirements.
From the Parent Company
- Board Resolution approving subsidiary incorporation and non-operating bank account
- Certificate of Incorporation of the parent company
- MoA and AoA of the parent company
- Latest audited financial statements
- Authorization letter for RJSC application submission
From Directors & Shareholders
- Passport copy (clear, colored scan) of each director and shareholder
- Passport-sized photograph of each person
- Full names, nationalities, addresses, and shareholding percentages
Once you send us the originals, we handle all preparation, notarization, and submission. Documents not in English must be translated — we arrange that too.
What Your Bangladesh Subsidiary Can (and Cannot) Do
Permitted Activities
- Carry out all lawful commercial activities
- Manufacture, trade, import, and export goods and services
- Enter into contracts with Bangladeshi and international entities
- Hire local and foreign employees directly
- Own property and assets in Bangladesh
- Participate in equity investments and joint ventures
- Access local bank financing and credit facilities
- Open multiple bank accounts including multi-currency
- Apply for IRC and ERC licenses
- Repatriate profits and dividends to parent company in full
Restricted Activities
- Operate outside the scope defined in its Memorandum of Association
- Engage in defense equipment, nuclear energy, forest plantation in reserved areas, or security printing
- Banking, insurance, and telecom require additional approvals from sector-specific regulators
Setup Timeline for Your Subsidiary
Strategy, Name Clearance & Documentation
Consultation, entity structuring, RJSC name reservation, MoA/AoA drafting
Banking, Capital Injection & Encashment
Non-operating account, SWIFT transfer coordination, Encashment Certificate
RJSC Registration & Incorporation
Document upload, government fees, Certificate of Incorporation issued
Licensing, Tax, VAT & Bank Activation
Trade License, E-TIN, VAT BIN, full bank account, IRC/ERC if needed
Everything Included. No Surprises.
Our professional service fee covers the complete end-to-end process — from initial consultation through post-incorporation licensing. We quote a fixed fee after understanding your specific requirements.
Industries We’ve Helped Enter Bangladesh
Manufacturing & Textiles
Including environmental clearances and factory licensing for garment, textile, and industrial companies.
Technology & IT Services
Software companies, IT services, BPO operations, and tech startups including BTRC approvals where required.
Import & Export Trading
Complete licensing including IRC, ERC, customs bond licenses, and bonded warehouse registrations.
Financial Services
Fintech, insurance, and financial service providers including Bangladesh Bank liaison where required.
Healthcare & Pharma
Industry-specific licensing for pharmaceutical manufacturers, medical device importers, and healthcare providers.
Consulting & Professional
Management consultancies, engineering firms, and professional service companies entering Bangladesh.
Why 200+ Foreign Companies Choose Us for Subsidiary Registration
We’re not a general-purpose law firm that occasionally handles subsidiary company registration. Foreign direct investment is all we do. 98% of our clients are international companies entering Bangladesh.
End-to-End Ownership
From name clearance to VAT registration — we handle every step. One team. One point of contact. One invoice.
Chartered Accountants, Not Agents
We’re registered with ICAB. We advise on entity structuring, tax planning, and financial compliance from day one.
Allinial Global Member
Your subsidiary’s financials meet international standards. Your parent company’s auditors can rely on our work.
Direct RJSC & BIDA Access
200+ registrations means established relationships. Fewer delays, faster resolutions, real-time status updates.
24-Hour Response Time
London, Singapore, Tokyo, or New York — you’ll get a response within 24 hours. We work across every time zone.
Beyond Registration
We stay with you for 90 days post-setup. Ongoing accounting, tax filing, HR management, and payroll available.
What Foreign Investors Say About Our
Subsidiary Company Setup Service
“We needed a subsidiary set up fast for our manufacturing operations. Khan Akber & Co. handled everything remotely — name clearance, banking, RJSC filing — all within 6 weeks. Their team coordinated the entire capital injection and Encashment Certificate process without a single trip to Dhaka. Incredibly smooth.”
“The capital injection and Encashment Certificate process worried us the most. Their team coordinated with the bank directly, prepared every document to RJSC standards, and we had our Certificate of Incorporation without a single complication. Fixed fee, no surprises, and constant updates across time zones.”
“As a tech company, we needed a local entity that could hire talent and sign contracts in Bangladesh. Khan Akber got our subsidiary registered, E-TIN and VAT sorted, and bank account activated — all on schedule. Their post-incorporation support made the first 90 days completely stress-free for our team.”
Common Questions for
Subsidiary Company Setup in Bangladesh
Yes. Bangladesh allows 100% foreign ownership in nearly all sectors. The only exceptions are defense, nuclear energy, and security printing. No local partner is required unless you choose to have one.
No statutory minimum under the Companies Act 1994. You can incorporate with paid-up capital as low as BDT 1 per shareholder. In practice, the amount should reflect your planned operations.
No. Unlike a branch or liaison office, a subsidiary does not require prior BIDA approval. You register directly with RJSC. After incorporation, you notify BIDA as part of standard post-registration.
Subsidiary: An independent legal entity under Bangladesh law. Can trade, manufacture, sign contracts, own property, access local financing, and hire without restriction. 100% foreign ownership allowed. Registered with RJSC.
Branch Office: An extension of the parent company. Limited to BIDA-approved scope. Cannot manufacture, access local bank loans, or operate beyond authorization. Requires BIDA and Inter-Ministerial Committee approval.
Approximately 45 working days. Name clearance (1-2 weeks), documentation and banking (2-3 weeks), RJSC registration (1-2 weeks), and post-incorporation licensing (2-3 weeks). The biggest variable is bank processing speed.
No. We handle the entire process remotely. Your involvement is one strategy call, reviewing documents, and authorizing the SWIFT transfer. No government office visits required.
It’s issued by the Bangladeshi bank that receives your capital via SWIFT. It confirms foreign currency was converted to BDT and deposited. RJSC requires it to issue shares to foreign shareholders.
Annual audited accounts with RJSC, income tax returns to the National Board of Revenue, monthly VAT returns if registered, annual general meetings, and proper books of accounts. We offer ongoing compliance services.
Yes. Bangladesh allows full repatriation of profits, dividends, and capital invested from foreign sources. Reinvested dividends are treated as new foreign investment.
Ready to Set Up Your Subsidiary in Bangladesh?
Tell us about your parent company and what you’re planning. We’ll review your requirements and send you a detailed proposal — including timeline, document checklist, and a fixed-price quote — within 24 hours.
Schedule a Free Consultation