Business Opportunities in Bangladesh
Today, Bangladesh has become one of the attractive destinations for foreign investors. Due to its cost-competitive business and low labor cost, foreign companies eagerly expand their businesses in Bangladesh. The country offers an open gate for foreign investors to invest in various industries except for the defense, mining, nuclear energy, mining, and forest plantation industries.

Garment & Textiles

The garment and textiles industry in Bangladesh offers a highly attractive investment prospect for foreign companies. With its robust manufacturing capabilities, competitive labor costs.

ICT & Electronics

The electronics industry in Bangladesh presents a compelling opportunity for foreign companies due to its rapid growth, large consumer market, and favorable investment policies. With a rising middle class and increasing demand.

Leather goods

The leather goods industry in Bangladesh presents an appealing investment opportunity for foreign companies. With its abundant availability of raw materials and skilled craftsmanship.

Light Engineering

The light engineering industry in Bangladesh presents a compelling investment opportunity for foreign companies. With a skilled workforce, competitive production costs, and a growing market demand.

Power Industry

The power industry in Bangladesh offers a highly attractive investment opportunity for foreign companies. With a growing demand for electricity.

Ceramics

The ceramics industry in Bangladesh presents an enticing investment opportunity for foreign companies. With its abundant natural resources, skilled workforce.

Life Science

The life science industry in Bangladesh provides a promising investment opportunity for foreign companies. With a growing healthcare sector, increasing demand for pharmaceuticals, and a supportive regulatory environment.

Foreign Foods

Foreign foods have gained considerable popularity in Bangladesh, creating a lucrative investment opportunity for foreign companies. With a growing consumer base and a taste for international cuisines.

ESTABLISHING COMPANY IN BANGLADESH
Limited Company
Branch Office
Liaison Office

This legal entity is considered separate from its owners. The Private Limited Company is an independent “legal person” that can –

  • Buy assets
  • Incur liabilities and profits & losses
  • Hire & fire employees
  • Enter contracts
  • Sue individuals/institutions and can be sued as well
  • Pay taxes
  • To acquire the advantages of appointing foreign employees, a minimum of US$50,000 is required.
  • Name Clearance
    To start the registration, you must have approval for your company’s name from the Registrar of Joint Stock Companies and Firms (RJSC).
    Collection of Documents
    Post that, you will be required to draft the Article of Association (AoA) and the Memorandum of Association (MoA). You must submit these along with other necessary documents to RSJC.
    Opening of a Bank Account
    After this, the third step is to open a bank account under your company’s name and make an inward remittance of at least US$ 50,000 if you’re willing to hire foreign employees.
    Submission of documents to the RJSC
    In this step, you will be required to submit the papers to the RJSC and pay the fee for registration. You can also check with the RJSC for the incorporation certificate during the standard process.
    Additional Licenses and Registrations
    Once you have completed all the procedures mentioned above and have the certificate of incorporation, Articles of Association (AoA), and Memorandum of Association (MoA), you have a registered company in Bangladesh.
    A Private Limited Company is Established
    FREQUENTLY ASKED QUESTIONS

    How are you different from the other company formation vendors?

    Startfleet allows you to focus on planning and strategizing your next big idea. Unlike other competitors, we assist with everything you may require, including company formation, assistance with bank accounts, domain names, phone/fax, website legal forms, payment processing, tax filings, and everything in between. StartFleet also partners with various vendors and companies to help you as a founder. To date, our partner network offers more than $500,000 in perks and rewards to boost your business

    Where should I register my company?

    If you are a US resident, your best bet is to register in the state where you live and work, rather than Wyoming or Delaware, where you do not operate in. If, on the other hand, you want to prepare your startup for Angel and VC investments, we recommend that you incorporate your company as a corporation in Delaware and foreign qualify the business in the state where you conduct business. Normally, this refers to the state where the founders are located and is often the home of one of the founders.

    Non-US Residents

    If you are a Non-US resident and do not have any US residents on your team, your best option is to either incorporate in Delaware or Wyoming. If you plan to raise funds from angel investors or venture capitalists, you will need to incorporate a Corporation in Delaware instead of Wyoming.

    Where can I register my company?

    We primarily assist customers in registering their businesses in Wyoming, Delaware, and Florida. If you wish, we can also help you form your company in the other 47 United States; please get in touch with us at hello@startfleet.io.

    Which countries are not allowed to register a U.S. Company?

    In an ideal world, we would want to offer service to everyone. Citizens of Cuba, Iran, North Korea, and Syria, unfortunately, cannot form a legal company in the United States. We will continue to update this list as things change, so please check back frequently.

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    Where can I register my company?

    Where is the appropriate government office or online portal to register my company?

    What are the specific requirements and documentation needed for company registration?

    Are there any industry-specific restrictions or regulations for my company?

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    With our corporate tax assessment service, we'll review your financial records to ensure that all income and expenses are accurately reported and that all relevant deductions and credits are claimed. We'll work closely with you to understand your business operations and identify opportunities to optimize your tax position.

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