Normally foreign companies choose to open a private limited company in Bangladesh for some good reasons. You can register a foreign company in the following way:
Get Name Clearance From RJSC:
Before you can incorporate a company, you must get the name clearance from the Office of the Registrar of Joint Stock Companies and Firms (RJSC). To obtain a name clearance, you have to apply to RJSC after filling out a certain form properly.
Prepare Documents Appropriately:
At this phase, you need to prepare a number of documents for registering your company in Bangladesh. Memorandum of Association (MoA), Articles of Association (AoA), and foreign promoter’s resolution are required to be prepared.
Banking Formalities for Registration:
At this stage, you need to open a temporary bank account in any scheduled bank in the country. Then you have to remit the capital contribution to this account once it is ready for use. You will have to take an encashment certificate from the bank.
Submit the Documents to Concerned Authorities:
Now you need to fill out an application form and submit it to the Office of the Registrar of Joint Stock Companies and Firms along with the documents required for the registration of the company. The registration process is expected to end here.
Other Formalities After the Registration:
After you are done with the registration process, you need to obtain some more licenses and documents including but not limited to Registration at Board of Investment, Trade License, TIN, Vat Registration Certificate, Fire and Environment Clearance, etc.