Bangladesh — Complete Business Setup & Migration Guide

 

Overview

Bangladesh is a fast-growing economy with opportunities in manufacturing, IT, exports, and services. Silicon Mappers provides turnkey incorporation, licensing, and compliance support for local and foreign entrepreneurs.

 

Business Structures

• Private Limited Company (PLC) – Most common, scalable.
• Branch Office – For foreign companies, requires BIDA approval.
• Liaison Office – Non-trading, market research.
• Sole Proprietorship – Simple, low cost, but limited scope.

 

Step-by-Step Setup Process (PLC)

1. Name Clearance – Apply to RJSC.
2. Draft MoA/AoA – Define activities, shareholding.
3. Incorporation Filing with RJSC – Obtain certificate.
4. Trade License – From local city corporation.
5. TIN Registration – For tax purposes.
6. VAT/BIN Registration – If applicable.
7. Bank Account Opening – Required for paid-up capital.
8. Sectoral Licenses – Depending on industry.

 

Document Requirements

Local Shareholders

• National ID & photo
• Address proof

Foreign Shareholders

• Passport copy
• Proof of address
• Parent company docs if corporate shareholder (legalized)

Company Docs

• Proposed names
• Business description
• Office rental agreement

 

Migration / Visa Pathways

• Investor Visa – For foreign shareholders meeting capital requirements.
• Employment Visa – For key foreign staff.
• Work Permit – BIDA-issued for expatriate roles.

 

Timeline

• Incorporation: 10–20 days.
• Trade license/TIN: 1–3 weeks.
• Visas: 1–2 months.

 

Extended FAQ

Can foreigners own 100%?
Yes, except in restricted sectors.
 

Is paid-up capital mandatory?
Yes, for foreign investment; amount varies by industry.
 

What are the annual compliance requirements?
RJSC annual return, tax filing, license renewal.