Entity Formation & Setup in Bangladesh

Set-up Your Company in Bangladesh

Many foreign companies choose to set up a legal entity in Bangladesh to take advantage of the growing and developing economy. The procedure for setting up a legal entity in Bangladesh can be a complicated and long process. By understanding a company’s requirements and goals of setting up a new company, NNRoad can design the best solution to assist the setup in a timely manner.

 

Business entities you can open in Bangladesh

1) Private Limited Company

Bangladesh laws allow 100% foreign ownership (except for reserved industries) and there is no requirement for local directors. There is no minimum paid-up capital required but there needs to be a minimum of 2 shareholders and 2 directors of any nationality.

2) Public Limited Company

The requirements are similar to that of a private limited company with the exception of a minimum of 7 shareholders and 3 directors of any nationality.

3) Branch Office, Representative Office, or Liaison Office

There is minimal distinction between the three options with the primary difference being that a Branch Office is allowed to obtain a waiver for restrictions on local commercial operations while the other two are restricted from such activities.  

Our Company Formation Service Includes:

  • Confirm the selection of your business entity type, i.e. Incorporation of Representative, Liaison, or Branch office.
  • Advise on the initial capital amount, if applicable.
  • Guidance with business name search.
  • Guidance with and drafting of the registration documents for the Business Incorporation certificate.
  • Filing of documents with RJSC for incorporation.
  • Support with mandatory registration of income tax, value-added tax, and trade licenses.
  • Support with Secretarial and Compliance services.
  • Registered address service support.
  • Bank Account Opening assistance.

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