Corporate Services

Director Services

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Accounting and Payroll Services

Some of the vital steps you have to take when starting a company in Bangladesh.

Incorporation is a convenient and efficient process. According to the mandatory requirement, every company must have at least one director who is a Bangladeshi resident. That’s the basic requirement. 

The following are:

1.  Minimum age of 18.
2. Having full legal capacity.
3. You need to be a Bangladeshi citizen or Bangladesh permanent resident.

The company must have at least one shareholder. The total amount shareholders have paid for their shares must also be included in the issued capital. A minimum amount of paid-up capital is not required.

Furthermore, the Bangladesh Government introduced a tax exemption scheme for new start-up companies in the Year of Assessment 2005 to encourage entrepreneurship and grow local enterprises. For the first three consecutive years, companies qualifying for a tax exemption will receive:

1. Passports of applicants
2. Identification card of the local director
3. Choosing a name for your company
4. Selecting the registered office address
5. Identifying the capital raised
6. Determining the year-end for financial reporting
7. There must be at least one director who is a Bangladeshi Citizen, Bangladeshi Permanent Resident, or a Bangladeshi EntrePass holder. Companies with foreign directors and shareholders can be formed.
8. Directorship is restricted to residents, without the ability to hold shares. Foreign shareholders may hold 100% of the shares.
9. If the application is submitted to HDB and approved, the registered office can be a residential address.

Bangladesh provides several convenient policies for entrepreneurs to start a business as one of the most convenient countries in the world for trading. The registration process of a company is simple, and the registration fee is low.

We offer complete business creation and registration services, which may include the following:

1. Consultation on formal incorporation and entity type on a local level.
2. Articles of Incorporation and any other legal documents required for registration are prepared.
3. Creating and submitting a registration application to the appropriate Trade Registry
4. VAT, CIT, and Intra-Community Operators Registry registration at fiscal authorities (RIO)
5. If a specific business license is necessary, it must be registered.
6. Share capital and a current bank account must be registered (s)
7. Information on any modifications to the company’s legal compliance.
8. Representation in front of the authorities on a local level

Bangladesh provides several convenient policies for entrepreneurs to start a business as one of the most convenient countries in the world for trading. The registration process of a company is simple, and the registration fee is low. We help to register your company in Bangladesh successfully.

First and first, NetworkBD must comprehend your company’s needs, strategy, and objectives. NetworkBD provides forward-thinking solutions that are both practical and lawful. We will never advocate a structure that would fail to pass regulatory and tax authority scrutiny, whether in international markets or in your local jurisdiction.

This webpage is simply meant to serve as a general guide. For an initial consultation, we always recommend that prospective clients contact their nearest NetworkBD office. This will be provided without charge or obligation. If you decide to move further, we will provide precise time and cost estimates before doing any work on your behalf. There isn’t much we haven’t seen before, and there aren’t many areas where we can’t help.