BIDA

FAQ , Trade License/ Company Incorporation

How foreign investors can incorporate company in Bangladesh?

Oct 07, 2021

How foreign investors can incorporate company in Bangladesh?

Foreign investors can incorporate a fully owned company, subsidiary or have a jointly owned company in Bangladesh. Most common types of incorporation include public or private limited company. Incorporated company has to comply with the Companies Act 1994 and can undertake any legally permissible business and set up operations in any places in Bangladesh. Company incorporation in Bangladesh requires following steps:

Step 1: Getting name clearance from RJSC&F.

Step 2: Opening a temporary bank account for capital deposit. Investors can open temporary accounts through online arrangement for FDI in Bangladesh as per Circular no 11 of Foreign Exchange Policy Department of Bangladesh Bank issued on May 17, 2021.

Step 3: Preparation of Articles and Memorandum of Association and submission of application for incorporation with RSJC&F.

It usually takes five weeks to complete the above steps.

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