Grow Your Business By Setting Up Branch Office In Bangladesh
Remote companies planning to establish trade operations in Bangladesh must set up a Branch Office or Liaison Office. These offices are not permitted to engage in any commercial or profit-generating activities, nor can they earn income within Bangladesh. All operational expenses for a Branch Office or Liaison Office must be entirely funded through remittances from the parent company’s Head Office located outside of Bangladesh. This ensures compliance with the regulatory framework governing such entities in the country.
A Branch Office Can Do The Following:
Our Assistance In Stress-free Liaison Branch Office Setup
Not at all like a Bangladeshi auxiliary company, the parent company of a Department or liaison office is certainly at risk for all the obligations and liabilities of the Department or liaison office. Usually, consent is given to the opening of a department or at first for a term of 3 ( three) a long time, which can be expand afterward. Records Required for liaison office Setup are as takes after:
Get 100% Accurate Set Up Documentation Service In Bangladesh
Registration with the RJSC is essential after receiving approval from both Bangladesh Bank and BIDA. For this reason, the following document will be require:
Branch Office or Liaison Office or Subsidiary Office will get to report to Bangladesh Bank within 30 (thirty) days of getting consent from Bangladesh Speculation Advancement Specialist. We’ll upgrade this segment once Bangladesh Bank distributes any notice in this regard.
If you need professional assistance with the representative office or branch office or liaison office or with foreign investment, please contact us now.
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