BANGLADESH BANGLADESH SERVICES

Business Set Up in Bangladesh

Bangladesh is emerging as an attractive location for land and sea trade. It is a cost-competitive business location with low labor costs that attracts foreign companies. If you too are planning to expand your business in Bangladesh then, connect with us at Enterslice for cost-effective end-to-end support services.

Benefits of Doing Business in Bangladesh

Strategic Location.

Easy Access to international air and sea routes.

Growth-Oriented Economy.

No minimum capital is required.

Tax exemptions and subsidies for entrepreneurs.

Open for foreign investors to invest in almost all industries except a few.

Incomes and Profits earned in Bangladesh can be repatriated to the home country

Different Types of Business Structures in Bangladesh

 

Private Limited Company

A private limited company has a limited liability which is limited to the amount of capital subscription provided by its members. 100% foreign ownership is allowed in a private limited company. The minimum paid-up capital requirement is USD 1. The company can be utilized for all forms of activities. A minimum of 2 members is required to start this form of entity.

Public Limited Company

A public limited company is different from a private limited company. A public limited company is registered with a stock exchange and the shares are traded publicly. A minimum of 7 shareholders is required to form this type of company. The minimum share capital required for company registration in Bangladesh is USD 1. This type of business structure can be utilized for all forms of activities.

Subsidiary Company

A subsidiary company is a company controlled by its parent company. Foreign Investment of 50% to 100% is allowed in a subsidiary company. The minimum shareholder required for a subsidiary company is 2 and the capital required is USD 1.

Branch Office

A branch office is a suitable option if you want to explore the market before starting to operate in Bangladesh. No capital is required for starting a branch office in Bangladesh. No minimum member required is there to open a branch office as the company is controlled by a foreign parent company. 100% foreign direct investment is allowed in this type of business structure.

Representative Office or a Liaison Office

A representative office usually carries out marketing or research and development activities for the main office. No amount of minimum capital is required for starting a representative office. There is no other requirement for having any amount of minimum members present in the company.

Different Types of Taxes in Myanmar

 

Corporate Tax

Value-Added Tax

Customs Duty

Social Security

Payroll Tax

Transfer Tax

Excise Duty

Stamp Duty

About our Services

Enterslice is one of the leading management consultancy firms which offers end-to-end business set-up, financial, regulatory, taxation, legal, and advisory services to early-stage businesses, start-ups, entrepreneurs, and large corporate houses across the globe.

Our Bangladesh Entry Strategy services involve the following services:

About Bangladesh Entry Strategy

Our Bangladesh Entry Strategy is classified into the following:

Business Set-Up Services

Business structures such as Private Limited Companies, Public Limited companies, Subsidiary companies, Branch offices, and Representative Offices are available in Bangladesh. Our business set-up services include advisory related to the type of business structure a business should opt for to set up business in Bangladesh. Our team will assist you in the business registration process, in opening a bank account for the business, and in post-registration compliance.

Consultancy on Managing the Business

Our consultants formulate a strategic plan for establishing and operating the business depending on your business needs. We formulate a budget and develop cash flows for your business. We also review internal control processes and conduct business reviews. We provide advisory for issues related to the management of the business.

Legal Advisory Services

Our legal experts provide legal advice on business operations, finances, IP protection, etc. We also draft legal necessary papers for your business, review and compile the required Paper works. We also ensure that all legal and regulatory compliance are duly complied with.

Accounting and Audit Advisory Services

Bangladesh follows the Bangladesh Financial Reporting Standards (BFRS). Bangladesh has various audit requirements such as financial, compliance, and performance audits. Enterslice will assist in financial statement preparation and analysis. We provide bookkeeping services and maintain financial records on behalf of companies. Our team members have expert accounting and audit knowledge along with practical experience which will help your business in meeting its industry-specific accounting challenges and financial reporting requirement.

Tax Advisory Services

There are different types of taxes in Bangladesh. Enterslice advises on all tax-related compliances. We also provide advisory on tax policies. We assist in the calculation and filing of taxes. Our tax experts create plans to reduce potential tax liabilities while assuring adherence to the changing tax laws. We offer tailor-made solutions suitable to your demands and advice on handling various tax disputes, if any.

Intellectual Property Advisory Services

Our IP Experts assist in IP Compliance. We assist in getting IP registration by filling applications for registration and compiling relevant necessary papers. Our team of IP experts also advice on IP compliance and IP Protection. We also assist in enforcing IP rights against any infringement.

FAQs

Bangladesh is an emerging destination for doing business in Asia. It provides a cost-competitive business environment with low labour cost. It accepts foreign investment in most of the industries and its geographic location allows trade via land, air, and sea. All these reasons make Bangladesh a convenient location to do business.

The benefits of opting for Enterslice for your business set-up in Bangladesh are as follows:

i. Professional Support

ii. 24*7 Customer Support

iii. Highly Integrated IT Team

iv. Competent Team of Lawyers, CAs, Cost Accountants, CSs, and CPAs.

v. All-inclusive solution for our clients.

Yes, Enterslice assists in choosing the type of business structure for doing business in Bangladesh.

The prerequisites of company registration in Bangladesh are as follows:

i. Approval of the name of the company

ii. Minimum of 2 directors should be appointed

iii. Minimum of 2 shareholders must be there

iv. No minimum capital requirement

v. Paid up share capital of a company in Bangladesh is 1 Taka for a local company and USD 50,000 for a foreign-owned company

vi. There must be a registered office at the time of incorporation for a physical address

At Enterslice, we provide end-to-end support services from company incorporation to post-registration compliance and advisory. We assist our clients to succeed in their business objective. We provide consulting and management solutions with our integrated services, sector knowledge and use of recent tools and technology.

Our Offerings

Why choose Us

15+ years of Industry Experience.
Global Network of CA’s , CPA’s, and Advocates’
Million Satisfied Clients.
Globally recognized consultancy with a presence over 22+countries.

Why Enterslice

24x7 Client relationship support desk.

Tech-enabled service delivery platform.

Dedicated foreign Investment desk.

50,000+ Network of Advocates/CA/CPA/CFA.

Strong team of Inhouse Advocates/CA/CPA/CFA

 

Individual and Dedicated professionals on every assignment.

We register 100+ Companies every Month

Connect with Enterslice today to connect with our team of Skilled Professionals, to avail any of our Premium Services.

If you have any queries related to the Process, feel free to contact us. We will provide
you with immediate help.

We partner with more than 100+ companies

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