Business setup in Bangladesh
The processes of registration of business in BD by foreign nations or companies involve the
Following steps:
- Name Clearance
- Expression of Interest with board of investment (is case of industrial entity)
- Registration of Company with RJSC
- Trade License
- E-Tax Identification Number (e-TIN)
- Import Registration Certificate (if the company wishes to Import)
- Export Registration Certificate (if the company wishes to Export)
- VAT Registration
- Environmental Clearance Certificate (Required for industrial entity)
- Fire Safety Certificate
- Registration with chief inspector of labor)
- Board of Investment Registration (BOI)
If foreigners are working in a company then work permit has to be obtained from BIO subject to
security clearance report from special branch and national security intelligence.
Author
Barrister Md SANWAR HOSSAIN
Advocate, Supreme Court of Bangladesh
Head of Chambers
S Hossain & Associates Law Office
A law firm in Bangladesh.