Company Registration Done Confidently
We are a full-service consultancy firm specializing in business set up and operations in Bangladesh. We are offering a complete online company registration solution for you. We've spited the procedure into three easy stages to make company registration more convenient and simple.
Private LTD Company Formation in 6 Easy Steps
Step 1: Document Collection
We will apply for Name Clearance for registering your Company. Then we'll collect required documents according to our checklist such as MOA , AOA, Form VI , Form VI, IX, X, XII etc.
Step 2: Banking Formalities
In order to bring the foreign shareholding amount, you will require to open up a temporary bank account through submitting the following documents to the respective banks.
Step 3: Ready to Apply
We will apply for registration by paying Tax, fee and stamp duty needed. The RJSC will issue a certificate of incorporation once all procedures have been successfully completed.
Stage 4: Post Company Registration
Post Company registration formalities in Bangladesh includes obtaining the Tax Identification Number, Value Added Tax (VAT) Certificate & Trade License.
Stage: 5 Foreign companies
Foreign organizations may open branch offices to conduct business in Bangladesh. Unlike a Liaison office., a Branch Office can perform broader scope of activities or operations.
Stage 6: Minimum Capital
In Bangladesh, however, there is a requirement for a minimum of US$ 50,000 inward remittance for all types of entities registered, including branches and representative offices.
Consult an ideal Company Structure for You
Company Registration and Formation Service in Bangladesh:
Liaison Office
Foreign companies may open their Liaison Offices in Bangladesh to act as a communication channel between the foreign companies and the Bangladeshi customers.
A Branch Office
A Branch Office provides the benefits of ease in operation with an uncomplicated closure. However, since the operations are seriously regulated by exchange control guidelines, a Branch has less possibility to provide a foreign company with the most optimum structure for its expansion or diversification plans.
Rules of Business
We help with filing all the multi-layered compliance and maintaining the required statutory records. Our experts will help you with the complete registration process.
Company Bank Account
After getting the Name Clearance certificate, If there is any foreign investment then the amount for paid up capital need to be remitted through the newly opened bank account .
Leading Entity / Business Registration Service Provider
Setting up Branch Office / Liaison Office
A foreign investor intending to do business in Bangladesh has 3 options, and may establish its presence through Locally registered company, Branch office or Liaison office.
LOCALLY REGISTERED COMPANY : Incorporating or acquiring a locally registered company can be the most flexible option to the investor. Foreign company may also establish a joint venture company with either a local or another foreign investor.
BRANCH OFFICE : A foreign investor may conduct business by establishing a branch office of its foreign company. A branch office functions similarly to a firm, with the exception that it may only conduct business in regions approved by the BIDA. The permission to operate as a branch office is also subject to renewal after 3 years.
LIAISON OFFICE : A liaison office allows the foreign investor to establish a direct communication channel but not allowed to run any commercial activities. The office can collect, compile analyze and disseminate business information related to its field of activities as mentioned in the approval letter.
Confidently & Accurately Register A Liaison Office
In order to open a branch office or a liaison office in Bangladesh, it is necessary to obtain permission from BIDA. To apply for permission, the following documents are required:
- Completed and signed application form.
- Certificate of Incorporation of the foreign company.
- MOA and AOA of the foreign company.
- Details of the directors/promoters of the foreign company.
- last financial year Audited accounts of the foreign company.
- Board resolution approving the settlement of the branch office or liaison office
- Proposed organogram of the organization detailing the posts occupied by local and foreign personnel
- Details of proposed activities.
The purpose of opening the bank account is to remit at least USD 50,000. The remittance is intended to cover establishment and operational costs of the first 6 months. The foreign investor must remit this amount within two months from the date of approval from BIDA.
The final step is to register the branch or liaison office with the RJSC. It will be necessary to provide the following details or paperwork in order to register with the RJSC:
- Approval letter from BIDA
- Certified copies of all constitutional documents
- A list of all Directors and Secretary
- Address of the principal place of business in Bangladesh
- The name and address of every person authorized.
- Address of the principal place of business
Open and Setting up a Representative Office with our Expert Guidance:
To open or seek extension of a Branch or a Liaison or Representative Office of a foreign company, We can assist you submitting in prescribed form an Application to Board of Investment of Bangladesh along with the following documents:
- MOA and AOA of the Principal company.
- Certificate of Incorporation of Principal Company.
- Name and Nationalities of the Directors/Promoters of the Principal Company.
- Board resolution to open a Branch/Liaison/Representative Office in Bangladesh.
- Audited accounts of the concerned financial year with a Proposed organogram of the office.
- List of activities of the proposed office as well as head office.
- A a few more, where we can assist you going forward.
Accurately Register A Joint Venture Company in Bangladesh
Do you want to set up a joint venture company in Bangladesh?We can be your right partner who can walk you through this process.
Joint Venture Company Registration in Bangladesh for initiating business of local and foreign entrepreneurs. Then jointly operating the company activities into Bangladesh. First and foremost, any foreign entrepreneurs can open 100% foreign owned limited company or joint venture Company in Bangladesh. Our team of expert can help you registering the company for you. Joint Venture Company means there foreign entrepreneurs and local entrepreneurs both jointly operating the business and paid up his/her equity investment of the company. RJSC is the only legal authority to issue company’s registration/ Incorporation certificate in Bangladesh and monitoring all kinds of legal matters into the country.
FAQ For Company Registration Service
Investors may establish business in the Processing area of any Economic Zone under the organizational structure of a Private or Public Limited Company or Unit of a limited Company. However, in the case of Non-processing area or Commercial area of any Economic Zone you may get numerous organizational structures which are known as Single Proprietorship, Partnership, Limited Company, Branch Office, Representative Office and Regional Office.
Investment Policy of Bangladesh ease up 100% ownership of investment by any national in any enterprise except companies with activities listed on the ‘reserve list’ which are banned for both foreign and Bangladeshi nationals. The reserve list includes:
- Arms, ammunitions and other military equipment and machineries;
- Nuclear power;
- Security printing, minting;
- Forestation and Mechanized Extraction within the boundary of earmarked forest.
The Foreign Private Investment (Promotion and Protection) Act, 1980 offers fair and equitable treatment to foreign private investment. It shall enjoy full protection and security in Bangladesh.
When all the formalities are fulfilled RJSC generally provides with the certificate of incorporation (Company registration certificate) within 6-8 working days. It generally takes 2-3 weeks to register a Corporation from the date of submitting all the documents to RJSC.
The governmental payments of the Company registration depend on the amount of Authorized Capital. For issuance of Incorporation Certificate governmental fees shall be BDT 1000.