Representative, Branch, or Liaison Office Set-Up Service in Bangladesh

As a 360-degree corporate service provider, we offer complete solutions to your liaison office, branch office, subsidiary office, or representative office setup requirements in Bangladesh.

Setting up a representative or liaison office in Bangladesh requires some steps to be completed at several authorities’ offices. We are a team of office setup experts who can assist you in the total procedure.

The name of the Bangladeshi Representative or Branch or Liaison Office must correspond to the name of the Foreign Headquarter Company. There are some mandatory requirements that need to be specified to open a Representative Office in Bangladesh.

A Representative or Branch or Liaison Office is a proper legal entity once when registered with the BIDA in Bangladesh is considered as an extension of the foreign company and not as a separate legal entity.

What is a Representative/Branch/Liaison Office

Representative Office/Branch Office/Liaison Office is a location other than the main office where the business is conducted. Most branch offices include smaller divisions of different aspects of the company such as marketing, accounting, human resources, etc.

Azuwa Resources can help you to set up your Representative office in Dhaka. As the office setup experts, we will complete the whole procedure appropriately in compliance with the rules and regulations of the concerned authorities.

Registration With RJSC for Branch Office Setup

After getting approval from both Bangladesh Bank and BIDA, registration with the Registrar of Joint Stock Companies and Firm (RJSC) is required. The following documents will be needed:

  • Approval letter of BIDA.

  • Approval letter of Bangladesh Bank.

  • A list of the directors and secretary, if any, of the company.

  • Certified copy of the Memorandum and Articles of the company or other constitutional documents.

  • Name and address of one or more persons resident in Bangladesh, authorized to accept on behalf of the company service of process

  • The full address of the registered or principal office of the company.

  • The full address of the office of the company that will operate in Bangladesh is going to be the principal place of business in Bangladesh.

Getting Approval From BIDA and Banking Formalities

Documents need to be submitted to BIDA physically or through the website of the organization. After going through proper scrutiny of all documents, the officials of BIDA will place the application and documents to the Inter-Ministerial Committee. 

The Committee will then review the documents and might ask for more documents or a physical presence. If the committee is satisfied with all the presented documents, then they will provide the approval. The Inter-Ministerial Committee generally sits twice every month; the usual timeline is one month or less.

Generally, the authority provides approval to open a representative or branch or liaison office initially for a period of 3 (three) years which can be extended later. 

After acquiring the approval for opening a Representative or Branch or Liaison office, a bank account needs to be opened in any scheduled bank in Bangladesh. 

An amount of foreign exchange that is equivalent to US$ 50,000 or more needs to be brought in as inward remittance in Bangladesh within 02(two) months from the date of issuance of the BIDA permission letter.

  1. All Documents (item 2-5) need to be attested by the concerned Bangladesh mission/mission of the respective country in Bangladesh/respective country’s Apex business chamber/local business chambers.
  2. If any document is not in English that must be translated into English before submission.
  3. 4 copies of all the documents must be submitted to BIDA.
  4. After reviewing the above-mentioned documents BIDA might ask for more documents.

To open a branch/liaison/representative office a fee of BDT 25.000 (Twenty five thousand) is required to be paid via bank Pay Order. Then the original copy of the Pay Order needs to be submitted to the BIDA.

General Requirements for Setting Up Branch Office in Bangladesh

  1. The application must be done in the prescribed form signed by the authorized person for establishment of branch/liaison/ representative office – 4 copies.
  2. Memorandum and Articles of Association & Certificate of Incorporation of the parent company
  3. Name & nationality of the directors/promoters of the principal company.
  4. Audited Accounts of the last financial year of the parent company need to be submitted.
  5. Resolution of the Company’s board of directors regarding the opening of an office in Bangladesh.
  6. Proposed organogram of the office screening the posts to be occupied by both expatriates and local personnel.
  7. Details of duties and responsibilities need to be performed through the proposed branch/liaison/representative office in Bangladesh.
  8. Forwarding Letter needs to be submitted