Registration Of A Foreign Company In Bangladesh For Beginners
A growing number of foreign companies have set up shop in Bangladesh, thanks to the country's free industrial policies.
Register A Foreign Company In Bangladesh
The Companies Act of 1994 governs the formation of corporations and their governance.
The Registrar of Joint Stock Companies and Firms (RJSC) is the Act's official authority, and it gives precise instructions on everything from name clearance through incorporation.
Focus Point:
Bangladesh's Potential Business Sector
There are numerous lucrative enterprises available for investing capital and profiting from the relevant firm. The majority of Bangladesh's potential commercial sectors are now private businesses, where local and foreign entrepreneurs are investing their capital in trading, manufacturing, exporting, and importing.
The Steps Of The Registration Of A Private Limited Company In Bangladesh
The following are the processes to forming a Private Limited Company in Bangladesh:
Step 1: Get your name cleared
Before the firm may be incorporated in Bangladesh, the suggested name must be approved. A name clearance application must be sent to the RJSC, along with the completed application form and the proposed name.
Step 2: The Documentation
For the purpose of company establishment, the following documents must be created and compiled:
Step 3: Associated Bank Account Formalities
The promoters must create a temporary bank account in the prospective company's name with any scheduled bank, with the understanding that the account would be regularized after the business has been properly registered with the company house.
Step 4: Documents are submitted to the Registrar
Finally, an application must be sent to the RJSC, along with all of the above-mentioned documents, as well as the government costs. After reviewing all paperwork, the RJSC registers the business and issues a certificate of incorporation.
Step 5: Compliance Following Registration
Private Limited Companies are required to receive the following documents following the registration process:
To Sum Up
Bangladesh is currently one of Asia's most promising economic tigers, with rich commercial opportunities all over the world. As a result, eager foreign investors are flocking to Bangladesh to engage in a variety of commercial sectors.
In addition, we can help you register a foreign company in Bangladesh. Also, you can get our registration process services. It will be very beneficial for you.