Comprehensive Guide to Company Formation in Bangladesh || Best law firm in bd - 2025
Why Start a Company in Bangladesh?
Bangladesh is one of South Asia’s fastest-growing economies, offering significant opportunities for entrepreneurs, investors, and foreign companies. Whether you’re a Bangladeshi resident or a foreign national, the process of company registration in Bangladesh has become more streamlined and digital than ever.
In this detailed guide, we will walk you through every step of forming a company in Bangladesh, discuss legal and regulatory frameworks, and highlight how incorporation services can simplify your business setup in BD.
Types of Companies You Can Register in Bangladesh
When planning your business setup in Bangladesh, choosing the right type of company is crucial. The most common choice is the Private Limited Company, which requires at least two directors and shareholders and limits liability to the amount invested in shares. For larger enterprises intending to raise funds through the stock market, the Public Limited Company is suitable. Recently, Bangladesh introduced the One Person Company (OPC), ideal for solo entrepreneurs. Foreign companies also have the option to open Branch Offices or Liaison Offices after approval from BIDA. Understanding these structures will help you decide which model fits your business strategy best.
Step-by-Step Process of Company Registration in Bangladesh
Step 1: Name Clearance from the RJSC
Visit the Registrar of Joint Stock Companies and Firms (RJSC) website to apply for a name clearance.
Processing time: 1–2 working days
RJSC Portal
Step 2: Prepare Incorporation Documents
Prepare the following documents:
- Memorandum of Association (MoA)
- Articles of Association (AoA)
- Form IX, XII, X (As applicable)
- Passport/NID of shareholders/directors
Step 3: Open a Bank Account & Deposit Paid-Up Capital
For foreign investors, an inward remittance through a bank is mandatory.
For local businesses, proof of capital deposit must be shown.
Step 4: Submission to the RJSC for the Incorporation Certificate
Submit the signed documents along with government fees on the RJSC portal.
Once approved, you'll receive the Certificate of Incorporation.
Step 5: Post-Incorporation Tasks
- Trade License from the local city corporation
- TIN certificate from NBR
- VAT Registration
- Open a Business Bank Account
Read More:
Why You Should Use Incorporation Services
Company registration involves multiple legal and regulatory steps, which can be overwhelming, especially for foreign investors. That’s where incorporation service providers come in. These professionals assist with document preparation, RJSC submissions, legal drafting, BIDA permissions (if required), and acquiring post-registration licenses like trade licenses or VAT. Hiring an incorporation expert not only saves you time and reduces errors but also ensures that your company complies fully with Bangladesh’s corporate laws. Whether you are based in Dhaka or overseas, relying on incorporation services gives you peace of mind and allows you to focus on your core business.
✔️ Drafting compliant legal documents
✔️ Handling RJSC submissions
✔️ BIDA and Bangladesh Bank permissions (for foreign companies)
✔️ Post-registration licenses & tax setup
✔️ Saving time, avoiding rejection
Partnering with an experienced service provider ensures your company is registered faster, with zero hassle.
Can Foreigners Register a Company in Bangladesh?
Yes. Foreigners can fully own a private limited company in Bangladesh. Key requirements:
- Valid passport and investor profile
- Inward remittance of the minimum paid-up capital
- BIDA approval for capital-intensive or strategic sectors
Many foreign investors prefer setting up 100% foreign-owned private companies or joint ventures with local partners.
- Documents Required for Foreign Shareholders
- Passport (Notarised copy)
- Bank statement or investment plan
- Board resolution (for corporate shareholders)
- Nominee director’s NID/Passport
- Address and source of fund declaration
Note: Foreigners must obtain a valid visa for physical presence if required.
How Long Does Company Registration Take in Bangladesh?
- Stage Estimated Time
- Name Clearance 1–2 working days
- Document Preparation 2–3 working days
- RJSC Submission & Approval 5–7 working days
- Post-Incorporation Licensing 5–10 working days
Total: Around 2–3 weeks with a professional service provider.
Cost of Company Formation in Bangladesh
- Item Cost (Approximate)
- Name Clearance BDT 200
- Govt. Fees (RJSC) BDT 5,000–20,000
- Trade License BDT 5,000–10,000
- TIN/VAT Registration Free (Govt. portal)
- Legal & Service Fees Varies (BDT 25k–1L+)
Foreign entities may require additional fees for legalisation, bank clearance, and BIDA.
Common Legal Issues to Consider
- Shareholder Agreement
- Board Resolution protocols
- Compliance with Companies Act 1994
- Annual Return Filing with the RJSC
- Tax filings under NBR guidelines
- Professional legal guidance is essential to ensure full compliance and avoid future penalties.
Business Setup in BD – Beyond Registration
Once your company is registered, ensure:
- You maintain proper accounting and audit records
- You open a business bank account
- You register with the fire, environment, or sector-specific authorities if required
- Apply for necessary licenses depending on business nature
Need support? Firms like The Justice Corner specialise in complete business setup in BD – from registration to tax and legal compliance.
Final Thoughts: Start Smart, Stay Compliant
Whether you're a first-time entrepreneur or an expanding foreign investor, company registration in Bangladesh is your gateway to one of Asia’s most promising markets. However, success depends not only on formation but also on ongoing legal and regulatory compliance.
Want to register your company the smart way?
Contact our incorporation experts for a free consultation.
📢 Frequently Asked Questions (FAQ)
Q: Can I register a company in Bangladesh as a foreign national?
Yes, 100% foreign ownership is allowed for most sectors.
Q: Do I need a local nominee director?
Not mandatory for private limited companies.
Q: How long does the full process take?
Usually 2–3 weeks with professional help.
Q: Is digital company registration available?
Yes, RJSC allows online submissions via their portal.
Need Help with Company Formation?
The Justice Corner offers full-stack incorporation services for local and foreign entrepreneurs.
✔️ Name clearance
✔️ RJSC filing
✔️ Trade license, VAT & TIN
✔️ BIDA permission
✔️ Legal documentation & shareholder agreement
🌐 Visit: https://justicecornerbd.com
📧 Email: info@justicecornerbd.com
📞 Call: 01886-278916