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Register Company in Bangladesh

Август 25, 2023

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Fionza Consultants specializes in facilitating the registration of companies in Bangladesh for our global clients. Our comprehensive service package encompasses the entire spectrum of tasks, from the formation of a company in Bangladesh and the establishment of corporate bank accounts to handling visa applications and providing expert accounting and tax services. Fionza Consultants serves as your all-in-one solution, ensuring a seamless and legally compliant process for initiating business operations in Bangladesh.
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Регистрация компании - 2 недели
Местный директор? - Нет
Открытие банковского счета - 4 недели
Требуются командировки - нет
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Registering a company in Bangladesh becomes a hassle-free endeavor when you’re acquainted with the right steps. That’s why engaging the services of company registration consultants in Bangladesh is highly advantageous, ensuring a convenient and time-efficient process. Fionza Consultants is your reliable partner in this journey, allowing you to redirect your time and focus towards the critical aspects of your business.

Operating with a lean-and-mean approach, our team of experts guarantees a seamless experience throughout the company registration process in Bangladesh. Our primary objective is to have your company operationally ready within the agreed-upon timeframe. Following that, Fionza Consultants remains committed to keeping your company in compliance with local regulations.

Наш комплексный пакет услуг охватывает все основные аспекты ведения бизнеса в Бангладеш:

Регистрация компании в Регистре акционерных обществ и фирм
Предоставление местного секретаря компании и юридического адреса
Содействие в открытии местных или международных корпоративных банковских счетов
Услуги по постановке на налоговый учет
Ежегодное бухгалтерское и налоговое обслуживание

Count on Fionza Consultants to navigate the complexities, ensuring a smooth and efficient company registration process, and ongoing compliance with local regulations for your business success in Bangladesh.
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[av_heading heading=’Introduction’ tag=’h2′ style=’blockquote modern-quote’ subheading_active=” show_icon=” icon=’ue800′ font=’entypo-fontello’ size=” av-desktop-font-size-title=” av-medium-font-size-title=” av-small-font-size-title=” av-mini-font-size-title=” subheading_size=” av-desktop-font-size=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” icon_size=” av-desktop-font-size-1=” av-medium-font-size-1=” av-small-font-size-1=” av-mini-font-size-1=” color=’custom-color-heading’ custom_font=’#6ea4ca’ subheading_color=” seperator_color=” icon_color=” margin=” margin_sync=’true’ av-desktop-margin=” av-desktop-margin_sync=’true’ av-medium-margin=” av-medium-margin_sync=’true’ av-small-margin=” av-small-margin_sync=’true’ av-mini-margin=” av-mini-margin_sync=’true’ headline_padding=” headline_padding_sync=’true’ av-desktop-headline_padding=” av-desktop-headline_padding_sync=’true’ av-medium-headline_padding=” av-medium-headline_padding_sync=’true’ av-small-headline_padding=” av-small-headline_padding_sync=’true’ av-mini-headline_padding=” av-mini-headline_padding_sync=’true’ padding=’10’ av-desktop-padding=” av-medium-padding=” av-small-padding=” av-mini-padding=” icon_padding=’10’ av-desktop-icon_padding=” av-medium-icon_padding=” av-small-icon_padding=” av-mini-icon_padding=” link=” link_target=” title_attr=” id=” custom_class=” template_class=” av_uid=’av-llqftmj9′ sc_version=’1.0′ admin_preview_bg=”][/av_heading]

Under the Bangladesh Companies Act 1994, foreign investors have the opportunity to register a new company in Bangladesh through the Registrar of Companies. The process of proprietorship company registration in Bangladesh has become increasingly straightforward in recent years, thanks to the government’s initiatives to streamline incorporation procedures. This has made starting operations in Bangladesh more accessible, efficient, and less time-consuming for investors.
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[av_heading heading=’When can I expect to start business?’ tag=’h2′ style=’blockquote modern-quote’ subheading_active=” show_icon=” icon=’ue800′ font=’entypo-fontello’ size=” av-desktop-font-size-title=” av-medium-font-size-title=” av-small-font-size-title=” av-mini-font-size-title=” subheading_size=” av-desktop-font-size=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” icon_size=” av-desktop-font-size-1=” av-medium-font-size-1=” av-small-font-size-1=” av-mini-font-size-1=” color=’custom-color-heading’ custom_font=’#6ea4ca’ subheading_color=” seperator_color=” icon_color=” margin=” margin_sync=’true’ av-desktop-margin=” av-desktop-margin_sync=’true’ av-medium-margin=” av-medium-margin_sync=’true’ av-small-margin=” av-small-margin_sync=’true’ av-mini-margin=” av-mini-margin_sync=’true’ headline_padding=” headline_padding_sync=’true’ av-desktop-headline_padding=” av-desktop-headline_padding_sync=’true’ av-medium-headline_padding=” av-medium-headline_padding_sync=’true’ av-small-headline_padding=” av-small-headline_padding_sync=’true’ av-mini-headline_padding=” av-mini-headline_padding_sync=’true’ padding=’10’ av-desktop-padding=” av-medium-padding=” av-small-padding=” av-mini-padding=” icon_padding=’10’ av-desktop-icon_padding=” av-medium-icon_padding=” av-small-icon_padding=” av-mini-icon_padding=” link=” link_target=” title_attr=” id=” custom_class=” template_class=” av_uid=’av-21xv5vw’ sc_version=’1.0′ admin_preview_bg=”][/av_heading]

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Fionza Consultants упрощает процесс регистрации компании в Бангладеш, обеспечивая его завершение в течение 2 недель. После получения необходимых документов от директоров и акционеров мы проводим вас через процесс регистрации названия компании. Используя поиск компаний в Бангладеш, мы проверяем наличие предпочтительного для вас названия и подготавливаем необходимые регистрационные документы для подачи заявки на регистрацию названия.

Регистрация иностранной компании в Бангладеш и открытие корпоративного банковского счета осуществляются в режиме онлайн, что избавляет от необходимости совершать поездки. После успешной регистрации вашей бангладешской компании мы отправляем основные корпоративные документы, включая свидетельство о регистрации, устав и учредительный договор, а также заверенную копию RJSC, по выбранному вами адресу.

Fionza Consultants’ legal team extends support for obtaining a Business license in Bangladesh if necessary. Following registration, our banking team proceeds to open a Bangladesh corporate bank account. Depending on your organization’s nature and long-term goals, we also facilitate the opening of overseas offshore corporate bank accounts. This involves obtaining an encashment certificate, crucial for a foreign entity incorporating in Bangladesh, and typically takes about 4 weeks post-registration.

Within a comprehensive 6-week timeframe from our engagement, your firm is fully set up with a corporate bank account established. Subsequently, Fionza Consultants’ team of Chartered Accountants aids in securing your VAT registration number and other essential tax numbers.

Для тех, кто хочет углубиться в процесс, Fionza Consultants предлагает пошаговое объяснение всех необходимых шагов для регистрации компании в Бангладеш.
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[av_heading heading=’Different types of business in Bangladesh’ tag=’h2′ style=’blockquote modern-quote’ subheading_active=” show_icon=” icon=’ue800′ font=’entypo-fontello’ size=” av-desktop-font-size-title=” av-medium-font-size-title=” av-small-font-size-title=” av-mini-font-size-title=” subheading_size=” av-desktop-font-size=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” icon_size=” av-desktop-font-size-1=” av-medium-font-size-1=” av-small-font-size-1=” av-mini-font-size-1=” color=’custom-color-heading’ custom_font=’#6ea4ca’ subheading_color=” seperator_color=” icon_color=” margin=” margin_sync=’true’ av-desktop-margin=” av-desktop-margin_sync=’true’ av-medium-margin=” av-medium-margin_sync=’true’ av-small-margin=” av-small-margin_sync=’true’ av-mini-margin=” av-mini-margin_sync=’true’ headline_padding=” headline_padding_sync=’true’ av-desktop-headline_padding=” av-desktop-headline_padding_sync=’true’ av-medium-headline_padding=” av-medium-headline_padding_sync=’true’ av-small-headline_padding=” av-small-headline_padding_sync=’true’ av-mini-headline_padding=” av-mini-headline_padding_sync=’true’ padding=’10’ av-desktop-padding=” av-medium-padding=” av-small-padding=” av-mini-padding=” icon_padding=’10’ av-desktop-icon_padding=” av-medium-icon_padding=” av-small-icon_padding=” av-mini-icon_padding=” link=” link_target=” title_attr=” id=” custom_class=” template_class=” av_uid=’av-c52zzg’ sc_version=’1.0′ admin_preview_bg=”][/av_heading]

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Choosing the right form of business ownership in Bangladesh is crucial, tailored to meet your firm’s unique needs and long-term objectives. When you engage with Fionza Consultants, we thoroughly comprehend your requirements and recommend the most suitable entity for you. Frequently, foreign investors opt for a Bangladesh Limited Liability Company (LLC) or register a joint-stock company.

Bangladesh LLC (Limited Liability Company)

Бангладешская ООО, или компания с ограниченной ответственностью, является независимой от своих владельцев и акционеров организацией, обладающей отдельной правосубъектностью. Директора не несут личной ответственности по долгам или обязательствам компании. Ответственность ограничивается определенной суммой объявленного страхования ответственности. Эти компании предлагают различные классы членов с определенными правами, полномочиями и обязанностями, обычно насчитывая от 2 до 50 членов. Необходимо наличие как минимум двух директоров в возрасте от 18 лет, не имеющих банкротства или уголовного прошлого. Для директоров не существует ограничений по гражданству или месту жительства. Выбор структуры ООО в Бангладеш позволяет защитить личные активы, избежав при этом сложностей, связанных с корпорациями. Fionza Consultants проведет вас через весь процесс регистрации частной компании с ограниченной ответственностью в Бангладеш.

Bangladesh PLC (Public Limited Company)

Публичная компания с ограниченной ответственностью может быть зарегистрирована или не зарегистрирована на рынке ценных бумаг Бангладеш, на Даккской фондовой бирже. Она может выпускать акции и долговые обязательства для населения. Требуется минимум три директора. В отличие от ООО, процесс регистрации публичной компании с ограниченной ответственностью завершается после получения сертификата о начале деятельности.

Branch Office

Для инвесторов, расширяющих деятельность иностранной компании в Бангладеш, открытие филиала является альтернативой регистрации ООО. После получения разрешения Управления инвестиционного развития Бангладеш филиал может заниматься местной коммерческой деятельностью, торговать и вести бизнес на территории страны. Требуется ежеквартальная отчетность о денежных переводах, а аудит отчетности должен проводить обязательный аудитор.

Representative Office

Представительство, известное также как офис по связям, ограничено в видах деятельности, которые оно может осуществлять, в первую очередь это связь или координация между принципалом и местными агентами, а также сбор и распространение деловой информации. Однако оно не может заниматься обычной коммерческой деятельностью, например импортом и экспортом товаров. Расходы несет иностранная материнская компания, которая несет ответственность по всем долгам и обязательствам.

Subsidiary Company

Дочерняя компания - это независимое общество с ограниченной ответственностью, в котором материнская компания несет ответственность только по своей доле акций. Необходимы два директора и два акционера любой национальности, как физические, так и юридические лица. Разрешено полное иностранное владение, а минимальный размер оплаченного капитала составляет всего $1.

Fionza Consultants упрощает этот процесс, предоставляя экспертное руководство для беспрепятственного создания бизнеса в Бангладеш.
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Шаг 1: Выбор оптимальной структуры бизнеса

Выбор правильной структуры бизнеса - важнейший первый шаг. Fionza Consultants предлагает экспертные консультации по определению наиболее подходящей бизнес-структуры, уделяя особое внимание обычному обществу с ограниченной ответственностью (LLC) или обществу с ограниченной ответственностью с акциями.

Шаг 2: Резервирование имени

Fionza Consultants conducts a thorough search and secures name clearance for your company through the Registrar of Joint Stock Companies and Firms (RJSC). Your company’s name is reserved for up to 1 month.

Шаг 3: Подготовка и подача документов

Our team guides you through the preparation of essential corporate documents, including Form X11, copies of shareholders’ passports, and the Memorandum and Articles of Association (MOA/AOA). Upon receiving these documents, Fionza Consultants assists in registering your company with the RJSC, resulting in a Certificate of Incorporation and approved MOA and AOA.

Для тех, кто планирует открыть филиал или представительство, Fionza Consultants оказывает содействие в регистрации в Управлении инвестиционного развития Бангладеш (BIDA).

Step 4: Trade License Application

Все предприятия, работающие в Бангладеш, должны получить торговую лицензию. Fionza Consultants окажет поддержку вашей компании в подаче заявки на получение торговой лицензии в городской корпорации в провинции, где ведется деятельность. Варианты включают общую торговую лицензию, коммерческую лицензию или лицензию на производство в зависимости от вида вашей деятельности.

Шаг 5: Налоговая регистрация

Fionza Consultants initiates your company’s tax registration application, obtaining a Tax Identification Number (TIN) and Business Identification Number (BIN) from the National Board of Revenue (NBR). The TIN enables payment of corporate income tax, while the BIN facilitates value-added tax (VAT) payments for businesses with an annual turnover exceeding 30 Lakhs taka.

После регистрации Fionza Consultants продолжает помогать вашей компании в выполнении ежегодных бухгалтерских и налоговых обязательств.

Step 6: Corporate Bank Account Opening

Наша команда упрощает процесс консолидации документов и открытия корпоративного банковского счета в выбранном вами авторитетном банке. Как правило, директорам и акционерам не требуется ехать в Бангладеш для участия в этом процессе. При необходимости Fionza Consultants организует представителя для личных встреч или договаривается с банками о конференц-связи. Как только счет будет открыт, токены и коды доступа к интернет-банкингу будут отправлены курьером по выбранному вами адресу.

For a seamless and efficient company setup in Bangladesh, trust Fionza Consultants’ expertise in navigating each crucial step.
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Political Landscape in Bangladesh

In terms of the business environment, Bangladesh has shown improvement, as highlighted by the World Bank Group’s Doing Business 2020 study, moving from the 176th to the 168th position globally. However, challenges persist, including concerns about corruption, with Bangladesh ranking 14th on the Global Corruption Perception Index in 2019. Political instability is indicated by a harsh crackdown on dissidents of the ruling Awami League.

Economic Factors

Бангладеш может похвастаться низкой стоимостью рабочей силы, особенно в таких отраслях, как швейное производство, где ежемесячная зарплата рабочих составляет от $70 до $100. Всемирный экономический форум прогнозирует постоянный рост ВВП, но неразвитость инфраструктуры остается препятствием для общего экономического развития.

Social Dynamics

Significant strides have been made in poverty reduction, with Bangladesh successfully decreasing poverty from 44.2% in 1991 to 14.8% in 2016, according to the World Bank. The literacy rate stands at 73.91%, as reported by UNESCO. However, potential language barriers exist, as Bengali is the official national language, and English proficiency is ranked 71 out of 100 countries.

Technological Landscape

По данным Оксфордского института интернета, Бангладеш становится важным игроком в цифровой экономике, занимая второе место среди поставщиков онлайн-труда. Страна превращается в ИТ-хаб с участием крупных технологических компаний, однако такие проблемы, как нестабильное энергоснабжение, препятствуют росту технологического сектора.

Правовая база

Bangladesh’s business laws are progressing to meet international standards, including enhancements in money laundering regulations and intellectual property laws. However, concerns persist regarding the independence of the judiciary, with executive influence over appointments. Legal processes are known for being slow, leading to frustrating delays in commercial dispute resolution.

Environmental Considerations

The Government of Bangladesh is actively implementing environmental policies, such as the Safe Access to Fuel and Energy Plus Livelihoods project. However, environmental issues persist due to unsustainable practices, contributing to pollution and resource depletion. The environmental challenges are estimated to cost Bangladesh $6.5 million annually, equivalent to about 3.4% of the country’s 2015 Gross Domestic Product.

In navigating Bangladesh’s business landscape, understanding these political, economic, social, technological, legal, and environmental factors is crucial for informed decision-making.
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Alternative Business Approaches for Foreign Investors in Bangladesh

Для иностранных инвесторов, не имеющих возможности напрямую зарегистрировать юридическое лицо в Бангладеш, существуют альтернативные возможности.

Franchise Entry

Рассмотрите возможность использования франчайзинговой модели, сотрудничая с бангладешскими промоутерами, которые могут получить разрешение или компенсацию за продвижение вашего бренда. Такой подход позволяет расширить бизнес без необходимости непосредственного ведения деятельности в пределах юрисдикции.

Branch Office Setup

Создание филиала - еще один вариант, позволяющий вести коммерческую деятельность в Бангладеш. Для этого необходимо получить разрешение Управления инвестиционного развития Бангладеш (BIDA), а также строго следовать местным правилам валютного контроля.

Representative Office Establishment

Представительство также может работать в Бангладеш, хотя и с некоторыми ограничениями. Хотя ему запрещено получать местную прибыль, оно может играть роль связующего звена между принципалом и местными агентами, а также собирать и распространять деловую информацию. Для начала деятельности необходимо получить разрешение BIDA. Подробные требования к регистрации представительств и филиалов описаны выше.

Изучение этих альтернативных подходов обеспечивает гибкость для иностранных инвесторов, позволяя им участвовать в динамичном бизнес-ландшафте Бангладеш без необходимости прямого операционного участия.
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[av_heading heading=’FAQ’ tag=’h2′ style=’blockquote modern-quote’ subheading_active=” show_icon=” icon=’ue800′ font=’entypo-fontello’ size=” av-desktop-font-size-title=” av-medium-font-size-title=” av-small-font-size-title=” av-mini-font-size-title=” subheading_size=” av-desktop-font-size=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” icon_size=” av-desktop-font-size-1=” av-medium-font-size-1=” av-small-font-size-1=” av-mini-font-size-1=” color=’custom-color-heading’ custom_font=’#6ea4ca’ subheading_color=” seperator_color=” icon_color=” margin=” margin_sync=’true’ av-desktop-margin=” av-desktop-margin_sync=’true’ av-medium-margin=” av-medium-margin_sync=’true’ av-small-margin=” av-small-margin_sync=’true’ av-mini-margin=” av-mini-margin_sync=’true’ headline_padding=” headline_padding_sync=’true’ av-desktop-headline_padding=” av-desktop-headline_padding_sync=’true’ av-medium-headline_padding=” av-medium-headline_padding_sync=’true’ av-small-headline_padding=” av-small-headline_padding_sync=’true’ av-mini-headline_padding=” av-mini-headline_padding_sync=’true’ padding=’10’ av-desktop-padding=” av-medium-padding=” av-small-padding=” av-mini-padding=” icon_padding=’10’ av-desktop-icon_padding=” av-medium-icon_padding=” av-small-icon_padding=” av-mini-icon_padding=” link=” link_target=” title_attr=” id=” custom_class=” template_class=” av_uid=’av-2t9nxo’ sc_version=’1.0′ admin_preview_bg=”][/av_heading]

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[av_toggle title=’How to register a business in Bangladesh?’ tags=” custom_id=” av_uid=’av-llqirn4v’ sc_version=’1.0′]

The registration process in Bangladesh is simple if you know how to open a company in Bangladesh. To set up your firm, you will need to first apply for a preferred company name through RJSC name clearance online. Refer to our step-by-step guide on how to open a company in Bangladesh from company formation to corporate bank account opening to settling annual accounting and tax obligations.

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[av_toggle title=’How to create TIN number in Bangladesh?’ tags=” custom_id=” av_uid=’av-llqisbtq’ sc_version=’1.0′]

You are required to create TIN number via the Bangladesh National Board of Revenue webpage. After creating an user ID, you will be requested to complete the tax identification number registration form. Once completed, you can expect to receive your e-TIN certificate after the authority processes your application.

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This depends on the exact services required from Fionza Consultants. Our fees are inclusive of government fees and all fees will be clearly stated in our engagement letter prior to the start of the engagement. Fionza Consultants believes in transparency with our valued clients and there are no hidden fees.

Our services also include assisting you in your accounting and tax needs including RJSC return filing and managing auditors on your behalf. The total fee includes the company registration fee in Bangladesh which varies depending on your firm’s structure, activity, and more.

For example: you would be required to pay the limited company registration fee in Bangladesh if you own an LLC. Additional costs may include the trademark registration cost in Bangladesh, the trade license tax, extension of the application, and more.

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[av_toggle title=’How can I check company details in Bangladesh?’ tags=” custom_id=” av_uid=’av-llqiuxim’ sc_version=’1.0′]

You can check your company details in the Memorandum of Association which you apply for to the RJSC and receive after registration process is completed. It includes the basic details of the company- name, local address, nature of business, scope of activities and more. This document will be couriered to you along with the other important documents.

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[av_toggle title=’How can I check a company registration number in Bangladesh?’ tags=” custom_id=” av_uid=’av-llqivijy’ sc_version=’1.0′]

Your company registration number will be included in the certificate of incorporation which is received after the registration process of the company is completed. Fionza Consultants will courier this document to you along with other important corporate documents.

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[av_toggle title=’What is a private limited company in Bangladesh?’ tags=” custom_id=” av_uid=’av-llqiw45q’ sc_version=’1.0′]

A private limited company in Bangladesh is a separate legal entity whose shareholders have limited liability such that they are not liable for a company’s debts beyond the paid-up capital (capital they have already invested in the firm to purchase shares).

You may wonder how to form a private limited company in Bangladesh. The process to set up a such a firm is similar to the registration of Joint-stock company in Bangladesh. However, there are additional requirements for setting up such a company. Firstly, the total number of shareholders must be between two and fifty.

Secondly, the company can be wholly owned by a domestic or foreign entity, however, they must have a registered local address. Lastly, the details of the shareholders and directors must be disclosed along with the preparation of Article and Memorandum of Associations.

You can find a list of private companies in Bangladesh online to find firms you are interested in investing in. Since shares of private companies are not traded publicly, shareholders must get approval from others to sell shares.

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Yes. Like mentioned before, Bangladesh is not only strategically located but also has strong and inexpensive labour, reducing the production cost. Moreover, it has a pro-business environment, owing to investor-friendly regulations, created by the present government in Bangladesh. However, there is high corruption in Bangladesh with political instability. There are multiple forms of business ownership in Bangladesh ranging from small enterprises like sole proprietorship to corporations.

On the one hand, it is easier to set up a small business in Bangladesh because of the lower compliance costs and availability of financial institutions. However, these small businesses must compete with established big firms, which may be difficult.

On the other hand, the process of registration for other forms of entities is more complex. For example: joint venture company registration in Bangladesh will have more requirements than a small business and would thus, be slightly more difficult to set up. However, there is a higher sharing of risks with more individuals and greater access to resources.

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[av_toggle title=’What are the advantages and disadvantages of a private company in Bangladesh?’ tags=” custom_id=” av_uid=’av-llqix582′ sc_version=’1.0′]

Advantages include:
- Separate legal entity implying that shareholders are not liable for company’s debts and liabilities beyond what they have invested in the company.
- No minimum capital requirement which means that the company may not be too costly to set up.
- Easier to raise funds as venture capitalists or angel investors can invest in the company.

Disadvantages include:
- Limited number of shareholders as you cannot have more than fifty shareholders.
- Cannot offer shares to the public which may raise funds difficult in this way.
- Difficult to transfer shares as all shareholders must approve such a transfer.

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[av_toggle title=’How to start a partnership business in Bangladesh?’ tags=” custom_id=” av_uid=’av-llqixm5j’ sc_version=’1.0′]

The registration process of a partnership in Bangladesh is similar to that of any other entity. We recommend you speak to our team of experts to find out more.

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