Category Archives: Starting business in Bangladesh as Foreigner

Foreign company registration in Bangladesh

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Foreign company registration in Bangladesh

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Foreign company registration in Bangladesh

Foreign company registration, incorporation consultant in Bangladesh. Know, how to register a business in Bangladesh as foreigner.  Visit here 

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Foreign company registration in Bangladesh

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Foreign company registration in Bangladesh

<img src="images/Bangladesh_business.jpg" alt="Foreign company registration in Bangladesh"/>

Foreign company registration in Bangladesh

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Foreign company registration in Bangladesh

 

Why need $ 50000 deposit for foreign investors in Bangladesh

Why need deposit $ 50000 for foreign investors in Bangladesh?

An international consultancy firm
Email: info@sfconsultingbd.com
Mobile: +880 01790220729
Dhaka
All foreign investors shall deposit $ 50,000 as inward remittance, office expense, remuneration & other expense. This is the rules of Board of Investment of Bangladesh (BOI), http://www.boi.gov.bd .
This rules shall be applied whether for 100 % direct foreign investment or Joint Venture or Branch or Liason office set up in Bangladesh.
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Foreign Company Registration in Bangladesh

Company Formation (Private or Public limited, Foreign, Joint Venture, Partnership & Branch office opening of Foreign Companies)
Legal service
Income Tax
Accounting (Internal Audit, B/S, P/L )
Education (Study abroad, coaching for IELTS, TOEFL, GMAT, GRE, SAT, General English)

www.sfconsultingbd.com

Email: contact@sfconsultingbd.com

Work Permit & Visa in Bangladesh

Foreign national can enter and work in Bangladesh in the subsidiary of a foreign company (irrespective of whether 100% foreign owned or a joint venture), in a liaison or branch office or in any Bangladeshi company.
PI or E Type Visa
Documents
 Papers/documents needed for recommendation of PI or E type visa application in favour of the expatriate(s) to be employed in Branch/Liaison Office and other Private and Public Enterprise
  1. Copy of the permission letter for Branch/Liaison Office if not submitted earlier
  2. Board resolution for employment of foreign nation(s) mentioning salary & other benefit.
  3. Passport size photographs of the expatriate(s)
  4. Memorandum & Article of Association and Certificate of Incorporation of the company duly signed by Shareholders, if not submitted earlier.
  5. Photocopy of passport.
  6. Service contract/agreement or appointment letter in case of employee.
  7. Certificates of all academic professional & experience for employees.
  8. Paper clipping showing advertisement made for recruitment of local personal prior to appointment of the expatriate(s).
  9. Statement of manpower showing list of local & expatriate personal employed with designation, salary break-up, nationality and date of first appointment.
  10. Encashment certificate of inward remittance of minimum US$ 50,000 as initial establishment cost for branch/liaison offices and locally incorporated/join-venture and 100% foreign ownership companies.
 Note:    All documents to be attested by the Managing Director/Managing Partner/Proprietor of the Company/Firm.
Work Permit
Documents
 The following papers/documents are required for New Work Permit in favour of the expatriate (s) employment in Branch/Liaison Office and other private Public Enterprise 
  1. Attested copy of the permission letter for Brach/Liaison Office/Company.
  2. Commercial Enterprise from the appropriate authority, if not submitted earlier
  3. Application in prescribed form along with passport size photographs of the expatriate(s) attested by the Managing Director/Managing Partner/Proprietor/appropriate authority.
  4. Board resolution regarding employment of foreign national(s) including salary & other benefit to be provided.
  5. Memorandum & Article of Association and Certificate of Incorporation of the company duly signed by Shareholders, if not submitted earlier.
  6. Attested photocopy of passport with arrival stamp ‘E’ type visa for employee and ‘PI’ type visa for investors.
  7. Attested copy of service contract/agreement and appointment letter in case of employee
  8. Attested copies of all academic, professional & experience certificate for employee.
  9. Paper clipping showing advertisement made for recruitment of local personal prior to appointment of the expatriate(s).
  10. Statement of manpower showing list of local & expatriate personal employed with designation, salary break-up, nationality and date of first appointment.
  11. Encashment certificate of inward remittance in favour of Liaison/Branch office for the last 2 years.
  12. Encashment certificate of inward remittance of minimum US$ 50,000 as initial establishment cost for branch/liaison offices and locally incorporated/join-venture and 100% foreign ownership companies.
  13. Up-to-date income tax certificate for branch office locally incorporated companies in Bangladesh.
Note:    All documents to be attested by the Managing Director/Managing Partner/Proprietor of the Company/Firm.
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S & F Consulting Firm Limited is incorporated as private limited company in Bangladesh. S & F has large professional team member on particular services. It is recognized as international business consultancy service provider in Bangladesh. The following services are offered:

 

  • Company Formation (Private or Public limited, Foreign, Joint Venture, Partnership & Branch /liason/ Virtual office opening of Foreign Companies)