Entity Setup & Support
A strategic approach to expansion in Business
Our comprehensive, end-to-end solutions assist you in quickly establishing a legal entity. Our integrated solutions help our clients successfully navigate their company incorporation, bank account setup, and other registrations.
Helping you incorporate an entity in Bangladesh
IsRa Tax and Compliance Services team can assist in quickly and cost-effectively incorporating a company in Bangladesh
Pre-Incorporation Advisory Services
Company Incorporation in Bangladesh
Mandatory Registrations in Bangladesh
Complete Corporate Compliance
Contact
- Eastern View (10th Floor) 50 D.I.T Extension Road Nayapalton, Dhaka-1000 Bangladesh.
- +8801713 311 400
- info@isratax.net
Brochures
The different entity options available in Bangladesh are:
Sole Proprietorship
A sole proprietorship business in Bangladesh can be started and conducted using only a trade license and does not constitute a separate legal entity therefore it is not distinct from the owner/proprietor. A sole proprietorship does not provide limited liability protection and the owner’s personal assets are not protected from business risks.
Partnership Firm
A partnership is a business structure where two or more partners start an entity to do business together. A partnership firm is formed under the Partnership Act, 1932. A partnership firm does not provide limited liability protection and a partner’s personal assets are not protected from business risks.
Limited Company
There are two types of limited liability companies available under the Companies Act, 1994 in Bangladesh:
- Private Limited Company – This is the most preferred form of business entity. There is no minimum paid-up capital required but there needs to be a minimum of 2 shareholders and 2 directors. Bangladesh laws allow 100% foreign ownership (except for reserved industries) and there is no requirement for local directors.
- Public Limited Company – This is usually used for a larger setup with a view of potential public listing in the future. The requirements are similar to that of a private limited company with the exception of a minimum of 7 shareholders and 3 directors of any nationality.
Local Office of Foreign Entity
There are three options, Branch Office, Representative Office, or Liaison Office in Bangladesh. There is minimal distinction between the three options with the primary difference being that a Branch Office is allowed to obtain a waiver for restrictions on local commercial operations while the other two are restricted from such activities.
