Branch Office Registration and Incorporation Procedure in Bangladesh

A Branch Office serves as an efficient option for foreign investors looking to establish a presence in Bangladesh without the complexities of creating a fully incorporated local company. By registering a branch office, foreign companies can operate seamlessly in the Bangladeshi market while maintaining a connection to their parent company abroad.

How to Incorporate a Branch Office in Bangladesh

To set up a Branch Office, foreign investors must obtain prior approval from the Bangladesh Investment Development Authority (BIDA). The following steps outline the incorporation process:

Required Documents

Foreign investors need to submit an application in the prescribed format, along with the following documents, which must be attested by the Bangladeshi Embassy or High Commission or the Apex Chamber of Commerce in the country of origin:

1. Prescribed Application Form: Completed and signed.
2. Memorandum of Association (MoA): Outlining the parent company’s purpose.
3. Articles of Association (AoA): Governing regulations for the parent company.
4. Certificate of Incorporation: Proof of the parent company’s registration.
5. Directors’ Information: Names and nationalities of the parent company’s directors.
6. Board Resolution: Authorizing the opening of a Branch Office in Bangladesh.
7. Audited Financial Accounts: Financial statements from the last fiscal year.
8. Proposed Organogram: An organizational chart showing positions for expatriate and local staff.
9. List of Proposed Activities: Detailed activities the branch office will undertake.

Timeline for Approval

Once all required documents are submitted to BIDA, the approval process typically takes 2-3 weeks.

Fees for Opening a Branch Office

• Application Fee: BDT 25,000
• Initial Remittance: An inward remittance of USD 50,000 must be transferred to the branch office’s local bank account from the parent company.

Why Choose Helpink?

Choosing Helpink for your Branch Office registration in Bangladesh comes with numerous advantages:

1. Expertise in Local Regulations

Our team has a deep understanding of Bangladeshi laws and regulations, ensuring compliance and a smooth registration process for your Branch Office.

2. Tailored Solutions

We provide customized services that cater to your specific business needs, helping you navigate the complexities of setting up in a new market.

3. Streamlined Processes

Our experience allows us to simplify documentation and application processes, reducing delays and improving efficiency.

4. Comprehensive Support

From the initial application to post-registration compliance, we offer full support throughout your business journey.

5. Established Local Network

Our strong relationships with regulatory bodies and local stakeholders facilitate quicker approvals and smoother operations.

6. Focus on Foreign Investors

We specialize in assisting foreign companies in understanding and adhering to local regulations, ensuring a seamless entry into the Bangladeshi market.

7. Client-Centric Approach

Your satisfaction is our priority. We are committed to providing attentive and responsive service to meet your needs.

8. Proven Track Record

Our history of successful registrations and satisfied clients underscores our ability to deliver effective results.

For expert assistance in establishing your Branch Office in Bangladesh, contact Helpink today. We are dedicated to helping you successfully navigate the local business landscape and achieve your goals.