Incorporate Offshore Business to Become more Tax Efficient:

Greatest Bangladesh company are registered as much private limited liability companies generally known as private limited companies. A private limited company in Bangladesh is an individual lawful legitimate and shareholders are not responsible for the company’s debts beyond the quantity of share capital they have contributed. Following to the companies act 1994 foreign or local any person and upon the age 18 can register a company in Bangladesh.

Incorporate Offshore Business to Become more Tax Efficient

Offshore Company Formation Services for Efficient Taxation

If you come to entity incorporation in Bangladesh one of the greatest introduce options to start a business is to take reports to incorporate a private limited company in Bangladesh. Though there are many other choices to start business in Bangladesh of which the greatest normal and useful process are either incorporating a private limited company in Bangladesh. Before moving on to the method of registering a private limited company in Bangladesh investment development authority that is generally known as BIDA. However, to manage as a liaison office in Bangladesh such as only the liaison office in Bangladesh liaison among its parent company and other feasible or client but when it comes to building business transaction only the parent company can manage under the supervision of the Bangladesh bank and other pertinent authorities as a foreign company. So, until or unless only minting a degree of liaison with the counterman in Bangladesh is the intention of the parent company registered outside of Bangladesh.

Offshore Company Formation Service
Home/Condition of Private Limited Company in Bangladesh

The step by step process for the registration of a private limited company by shares in Bangladesh are given below:
Step-1: Name Decontamination
To set up a Bangladesh company the first step would be gain a name decontamination for the mentioned company name. Application for name decontamination to registrar of joint stock companies along with the following information:
1. Application Form
2. Mentioned Name

Step-2:Documentation Preparation
1. Director’s accomplishment to open a new company in Bangladesh.
2. Drafting of memorandum of articles of association and other requisite documents.
3. Presence and filling up the following forms for registration of the company to registrant of joint stock companies:
4. Declaration on registration of Company
5. Notice of situation of registered Office
6. Consent of director to act
7. List of persons consenting to be directors
8. Particulars of the directors, manager and managing agents.

Step-3:Bank Account Opening and Introduction Paid up Capital:
This step is only applicable if the appropriate company has foreign shareholding. A bank account will have to be opened in the appropriate company name with any scheduled bank in Bangladesh and after opening the account, money equal to the shares to be owned by the foreign shareholders from outside of Bangladesh has to be remitted into the account. The Bank will issue an encashment certificate which will be necessary by the registrant of joint stock for incorporation.

Step 4: Submission of Documents to Registrant of Joint Stock Company:
Application to registrant of joint stock company along with the documents involved as listed given below:
1. Trade License
2. Tax Identification Number
3. VAT Registration Certificate
4. Fire Certificate
5. Environment Clearance Certificate team will assist you save time and significant financial resources, as well as minimize possible risks that might occur if the local process and deadlines are not followed exactly.Our Company provide all company formation and registration services these service is given below:
1. Arrangements of Articles of Incorporation and any other legal documents needed for registration.
2. Arrangement and filing of registration application to suitable trade registry.
3. Consultancy on local formal incorporation and type of existence.
4. Registration of any required special business license, if applicable
5. Registration of share capital and current bank account.
6. Information on any legal compliance changes related to the company.
7. Agency in front of the local authorities.

Business Incorporation to open Bank Account & taxation :

Once the aforementioned formalities are complied with registrant of joint stock company take steps with the certificate of incorporation within 6-8 working days. It usually takes 2-3 weeks to register a Company from the date of submitting all the documents to registrant of joint stock company.Once the name clearance is obtained, the clearance remains valid for 6 months. Generally, 3 working days are required to obtain a name clearance. After obtaining the Name Clearance certificate a bank account need to be opened where the initial paid up capital need to be transferred from the shareholders’ account. If there is any foreign investment, then the amount for paid up capital need to be remitted through the newly opened bank account following proper procedure. The governmental fees of the Company registration depend on the amount of Authorised Capital. For issuance of Incorporation Certificate governmental fees shall be BDT 1000.

Business Incorporation to open Bank Account & taxation