Aviation is the fastest-growing mode of travel, connecting people across the globe. In Bangladesh, the aviation industry has significant growth potential, with an increasing number of aviation companies entering the market in the last decade. The rise in commercial flights is a direct result of Bangladesh’s position as a major manpower hub, with a large segment of the population traveling abroad regularly. Additionally, the growing demand for tourism and business travel has further accelerated the expansion of the aviation sector.

To conduct aviation business in Bangladesh, several registration and licensing requirements must be fulfilled. The key requirement for setting up an airline company is registration with the Civil Aviation Authority of Bangladesh (CAAB), the regulatory authority under the Ministry of Civil Aviation and Tourism. CAAB governs all aviation-related licenses and regulations in the country.

One essential license for operational services is the Operational Services Provider License (OSPL). These licenses, along with the basic registration of the airline company, form the foundation for starting an airline in Bangladesh. Other prerequisites include registration with the Registrar of Joint Stock Companies (RJSC), relevant experience in the airline industry, and adequate capital for the business. Additionally, airlines must understand the different types of aircraft leases available, including dry lease, damp lease, and wet lease, each of which differs in terms of aircraft and crew arrangements.

Corporate.com is a leading consulting agency in Bangladesh, specializing in all aspects of the aviation industry. Our team of experts has extensive experience working with aviation businesses, including the travel agency sector, and is well-equipped to navigate the complex regulatory landscape. We provide a wide range of services to support airlines and related entities in Bangladesh, including:

1. Leasing, Import, and Registration of Aircraft: We offer expert guidance on leasing aircraft (dry, damp, or wet leases), as well as the importation and registration of aircraft and engines into Bangladesh for airlines.

2. Setting Up Aviation Companies: We assist businesses with the process of establishing an airline company in Bangladesh, including registration with RJSC and ensuring compliance with government departments such as Labor and Environment.

3. Tax and VAT Registration: We facilitate the registration process with the National Board of Revenue (NBR) for tax and VAT registrations, ensuring that all obligations are met.

4. Regulatory Compliance and Licensing: We help ensure compliance with all aviation regulations, including the licensing and operational requirements set by CAAB.

5. Drafting and Vetting Agreements: We assist with the drafting, review, and vetting of essential agreements, including leases, power of attorney, and other contracts required to conduct business in Bangladesh.

6. Payroll, Accounts, and Financial Services: Our services extend to assisting aviation businesses with payroll management, accounting, and other relevant financial matters.

7. Aviation Equipment and Accessories: We provide guidance and support to companies involved in supplying aviation equipment and accessories to airline operators, ensuring compliance with licensing and import regulations under CAAB.

At Corporate.com, we are dedicated to helping businesses navigate the complex landscape of the aviation industry in Bangladesh. Whether you are an airline looking to set up operations or a company providing aviation-related services, we offer comprehensive legal and business support to ensure compliance and success in this growing sector.