Professional Entity Formation Services to Establish Your Business Legally & Efficiently
From Registration to Compliance – We Help You Build a Strong Legal Foundation for Your Business
Services You Get from Our Entity Formation Solutions:
● Business Structure Consultation – Choose the right legal entity (LLC, Corporation, Sole Proprietorship, Partnership) for your business.
● Company Registration & Licensing – Get your business legally registered with the appropriate government authorities.
● Tax Identification Number (EIN) Registration – Secure your Employer Identification Number for tax and banking purposes.
● Drafting & Filing Legal Documents – Prepare Articles of Incorporation, Operating Agreements, and Partnership Deeds.
● State & Federal Compliance Assistance – Ensure your business meets all necessary legal and financial regulations.
● Registered Agent Services – Get a professional registered agent to handle legal documents and compliance notices.
● Business Name Search & Trademark Registration – Protect your brand identity with proper name registration and trademarking.
● Corporate Bylaws & Operating Agreements – Develop clear internal governance policies for smooth business operations.
● Annual Report & Renewal Filing – Maintain compliance by keeping up with state-mandated filings and renewals.
● Foreign Entity Registration – Expand your business by registering in multiple states or internationally.
Business Registration & Incorporation Procedure in Bangladesh
Business Incorporation in Bangladesh refers to the process of legally establishing a business entity within the country. Bangladesh has emerged as one of the most attractive destinations for foreign direct investment (FDI), offering a range of benefits for businesses looking to register and operate in the region. The country’s expanding economy and supportive government policies make it an ideal choice for business incorporation, with numerous foreign entities establishing their presence here.
Several government organizations facilitate this process, including the Registrar of Joint Stock Companies and Firms (RJSC), the Bangladesh Investment Development Authority (BIDA), Bangladesh Bank, and the Bangladesh Securities and Exchange Commission (BSEC). These bodies ensure smooth operations for foreign investors wishing to establish a business in Bangladesh by adhering to the legal frameworks, such as the Companies Act of 1994.
With the government’s favorable policies for foreign investors, business registration in Bangladesh has become increasingly common. Companies around the world are now recognizing Bangladesh as a growing hub for investment and expansion.
Why Register a Business in Bangladesh?
Bangladesh stands out as a premier destination for Foreign Direct Investment (FDI) in South Asia. The country offers a liberal FDI climate that has attracted numerous international businesses. The Foreign Private Investment (Promotion and Protection) Act of 1980 guarantees fair and equal treatment for both local and foreign investors. This has significantly contributed to the growing trend of foreign companies registering their operations in Bangladesh.
From competitive costs and abundant human resources to improved market access, Bangladesh provides a strategic location to do business. For foreign investors, the nation promises higher returns compared to many other locations with fewer risks, making it an appealing choice for investment.
The government and regulatory authorities in Bangladesh continuously work to reduce the cost of doing business while minimizing potential risks, ensuring a favorable investment environment.
How to Incorporate/Register a Business in Bangladesh
Understanding the procedure for incorporating or registering a business in Bangladesh is essential for foreign investors. The method of business registration depends on the investor’s needs and the type of business they wish to pursue.
At Corporate.com, we are committed to providing comprehensive business registration services for foreign investors. In partnership with our legal division, FM Associates, a leading law firm in Bangladesh, we offer end-to-end solutions to ensure that your business is properly established in compliance with all local regulations.
Here are the most common types of business structures available for incorporation in Bangladesh:
Types of Business Entities in Bangladesh
1. Private Limited Company
This is the most common form of business entity in Bangladesh. A Private Limited Company is a distinct legal entity where the shareholders are liable only up to the amount of their contribution to the company’s capital. This structure offers flexibility and is ideal for small to medium-sized businesses.
2. Public Limited Company
A Public Limited Company requires a minimum of seven shareholders and can have unlimited directors. This type of company can issue shares to the public if listed on a stock exchange. Public companies can also declare and distribute dividends to shareholders.
3. Joint Venture Company
A Joint Venture Company involves collaboration between one or more foreign and Bangladeshi entities. To register a joint venture, approval from the Registrar of Joint Stock Companies & Firms (RJSC) is necessary. This structure allows foreign companies to partner with local entrepreneurs, benefiting from combined expertise and resources.
4. Liaison Office
Foreign companies may set up a Liaison Office in Bangladesh to facilitate communication and market research activities. While a liaison office is not permitted to generate income in Bangladesh, it plays an important role in managing and expanding a foreign entity’s presence. Approval from Bangladesh Investment Development Authority (BIDA) is required for establishing a liaison office.
5. Branch Office
A Branch Office is another option for foreign companies wishing to engage in commercial activities in Bangladesh. To establish a branch office, approval from BIDA is required. Branch offices are subject to certain regulations, including business scope limitations and the need for regular license renewals, as determined by BIDA.