1. Make in Bangladesh
2. Startup Bangladesh
3. Bangladesh LLP Registration
4. Registrar of Companies Under Ministry of Corporate Affairs
5. Advantages of an Bangladesh Company
6. Why Set Up a Company in Bangladesh
7. What is an Bangladesh Company
8. Bangladesh Office Premise Leasing Guide
9. Business Ideas in Bangladesh
10. Writing a Business Plan in Bangladesh
11. Business Opportunities in Bangladesh
12. Business Licenses and Permits Requirements in Bangladesh
13. Guide to Register a Sole Proprietorship in Bangladesh
14. Multinational Companies (MNC) in Bangladesh
15. Doing Business in Bangladesh
16. SMEs in Bangladesh
17. Auditors in Bangladesh
18. National Stock Exchange of Bangladesh Limited
19. Ministry of Micro, Small and Medium Enterprises (MSME) in Bangladesh
20. A Comprehensive Guideline for Foreigners to Start a Business in Bangladesh
21. Free Trade and Warehousing Zone in Bangladesh
22. Type of Business Structures in Bangladesh
23. Foreign Exchange Control in Bangladesh
24. Bangladesh Company Memorandum of Association (MOA)
25. Bangladesh Startup Made Easy
26. Trademark Registration Guidelines in Bangladesh
27. Import and Export Regulation and Process in Bangladesh
28. Bangladesh Companies Act
29. Bangladesh Custom Duty Rate & Dutiable Goods

The Bangladesh limited liability company (LLC) is the most common legal entity used by entrepreneurs in Bangladesh when starting a business. A limited liability company (LLC) must have at least two shareholders and two directors, who can be individuals or legal entities. The directors and shareholders can be of any nationality and are not required to be Bangladesh residents. To complete the incorporation process, the LLC must also have a minimum paid-up share capital of US$1; the LLC must also submit annual audited accounts to the Bangladesh Income Tax Authority.

The Bangladesh limited liability company (LLC) is the most common legal entity used by entrepreneurs in Bangladesh when starting a business. A limited liability company (LLC) must have at least two shareholders and two directors, who can be individuals or legal entities. The directors and shareholders can be of any nationality and are not required to be Bangladesh residents. To complete the incorporation process, the LLC must also have a minimum paid-up share capital of US$1; the LLC must also submit annual audited accounts to the Bangladesh Income Tax Authority.

Foreign companies looking to do business in Bangladesh can set up branch offices under the Bangladesh Companies Act. The Bangladesh Board of Investment (BOI) requires this entity to register and follow its rules. The BOI and the Bangladesh Income Tax Authority require a branch office to submit quarterly accounts statements of remittances from its parent company. A statutory auditor must also be appointed by this entity.

A Bangladesh representative office is not considered a legal entity and is therefore not allowed to conduct business in Bangladesh. The BOI, the Bangladesh Bank, and the Registrar of Joint Stock Companies and Firms are all places where this entity must register. A rep office may only conduct market research and promote the parent company’s products and services within Bangladesh.

Name of the company: Before forming or incorporating a company in Bangladesh, the name must first be approved (cleared).

Directors: Second, the presence of at least two directors is required. Directors can be either domestic or international. Directors must be at least 18 years old and have never been bankrupt or convicted of any type of fraud.

The qualification shares specified in the Articles of Association must be owned by a director by law. A nominee director can be chosen by a shareholder who is not a natural person (i.e. a corporation).

Shareholders: Finally, there are the shareholders. In Bangladesh, a private limited company can have a minimum of two shareholders and a maximum of fifty. It’s possible that a director and a shareholder are the same person. A person or another legal entity, such as a corporation, can be a shareholder.

In most sectors, 100 percent local or foreign ownership is permitted. New shares can be issued or existing shares can be transferred to another person at any time after the Bangladeshi company has gone through the incorporation process.

Authorized Capital: The authorized capital must be stated in the Memorandum and Articles of Association. It refers to the maximum amount of share capital that a corporation can issue (allocate) to its shareholders.

A portion of the authorized capital can be issued again. In Bangladesh, there is no minimum or maximum amount of authorized capital.

Paid-up Capital:  Paid-up capital (also known as share capital) can be increased at any time after the company’s incorporation.

Registered Address: You must provide a local address as the company’s registered address when forming a business in Bangladesh. A physical address must be used as the registered address (can be either a residential or commercial address).

Articles of Association and Memorandum: A memorandum of association (MOA) and articles of association must be prepared by the company to be incorporated (AOA).