Service provider
Foreign Company Registration in Bangladesh
Foreign Company Registration in Bangladesh is a simple and straightforward process for international investors who want to grow their business in a fast-developing economy.
Bangladesh warmly welcomes foreign investment through a clear registration framework governed by the Companies Act 1994 and overseen by the Registrar of Joint Stock Companies and Firms (RJSC).
When a foreign company decides to operate in Bangladesh, it can choose from three main options â a Branch Office, a Liaison or Representative Office, or a Subsidiary Company. Each option serves different business purposes. For instance, branch and liaison offices require prior approval from the Bangladesh Investment Development Authority (BIDA), while a subsidiary simply follows the normal registration steps.
Several key bodies manage this process, including BIDA, RJSC, Bangladesh Bank, and the National Board of Revenue (NBR). Additionally, every foreign company must obtain a Trade License from the local City Corporation to legally conduct business.
Most importantly, Bangladesh offers great incentives such as tax holidays, free profit repatriation, and 100% foreign ownership in most sectors. With a strategic location, low-cost workforce, and fast-growing market, Bangladesh is becoming a top destination for foreign businesses â especially in garments, IT, energy, and manufacturin
What is Foreign Company Registration ?
Foreign company registration is an official legal process. It allows a company from another country to operate its business in Bangladesh. When an international business wants to enter the Bangladeshi market, it must complete this process first. Without registration, a foreign company cannot legally run its operations here.
This process gives your business full legal recognition from the government. As a result, it builds trust among local partners, clients, and authorities. Furthermore, a registered foreign company can sign contracts, open bank accounts, and hire employees without any legal complications.
In short, foreign company registration is the first and most important step for any international investor. It helps you do business in Bangladesh with full confidence and credibility.
Types of Foreign Business Entities in Bangladesh
Foreign investors can choose from several legal structures:
Private Limited Company (most common)
100% foreign or joint venture ownership allowed.
Separate legal entity.
Branch Office
Operates as an extension of the parent company.
Requires BIDA approval and RJSC registration.
Liaison Office (Representative Office)
Non-commercial setup for communication, market research, and coordination.
Must obtain BIDA permission.
Step-by-Step Process for Foreign Company Registration
Step 1: Name Clearance from RJSC First, we apply for company name approval on your behalf through the Registrar of Joint Stock Companies (RJSC).
Step 2: Drafting & Submission of Documents Next, we carefully prepare your Memorandum and Articles of Association (MoA/AoA). We also collect and organize all required foreign documents for submission.
Step 3: RJSC Incorporation Once documents are approved, your company or branch is officially registered. At this stage, you will receive your Certificate of Incorporation.
Step 4: BIDA Approval (For Foreign Ownership) After incorporation, we obtain approval from the Bangladesh Investment Development Authority (BIDA). This step is essential for foreign investment and business operations in Bangladesh.
Step 5: TIN, BIN, and Trade License Setup Following BIDA approval, we complete all post-registration compliance on your behalf. This includes:
- Company TIN Certificate
- BIN / VAT Registration
- Trade License
Step 6: Bank Account Opening & Capital Injection Finally, we assist you in opening a local bank account. In addition, we guide you through the foreign remittance procedures to complete your investment capital injection smoothly.
Required Documents for Foreign Company Registration
From the Foreign Shareholders / Parent Company:
- First, provide passport copies of all foreign directors and shareholders.
- Next, submit a Board Resolution that approves the investment and names the representatives.
- Also, include the Certificate of Incorporation of the parent company â this must be notarized and attested.
- In addition, provide the Memorandum and Articles of Association with proper attestation.
- Furthermore, a bank solvency certificate is required to confirm financial standing.
- Finally, submit a Power of Attorney that authorizes your local representative to act on your behalf.
From the Local Office / Representative:
- To begin, provide a proposed company name that has been approved by RJSC.
- Next, confirm a local registered office address for your business.
- Also, submit the National ID (NID) of all local directors or representatives.
- Lastly, provide recent photographs of all directors.
Why Choose Segunbagicha Consultancy
- We have over 10 years of experience. We specialize in registering foreign companies in Bangladesh.
- We handle all legal and compliance matters. These include RJSC, BIDA, NBR, and VAT registration.
- Furthermore, we support multilingual documentation. We also assist with attestation for international clients.
- Our approval timelines are fast. Moreover, our process is fully transparent from start to finish.
- Additionally, we assist with capital remittance. We also help set up your business bank account.
Frequently Asked Questions (FAQs)
Q1. Can a foreigner own 100% of a company in Bangladesh? Yes. Foreigners can fully own a company in most industries. However, a few industries have some restrictions.
Q2. What is the minimum capital requirement? There is no fixed amount. But BIDA suggests bringing in at least USD 50,000 as a starting investment.
Q3. How long does registration take? It usually takes 10â15 working days. However, it may take longer depending on the approvals needed.
Q4. Is a local partner required? No. You do not need a local partner. Working with one is completely your choice.
Q5. Can you send your profits back to your home country? Yes. You can send your profits and money back home. However, you must follow the rules set by Bangladesh Bank and BIDA.
Call to Action
Start your Bangladesh business journey with confidence.
Let Segunbagicha Consultancy handle your foreign company registrationâfast, legal, and fully compliant.
đ Call: +880 1933-353507
đ§ Email: info@segunbagicha.com
