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Foreign Entity Setup

Foreign Company Formation

৳ 65,000 ৳ 55,000

Note: These Fees are Only our Consultancy Fees. The Government Fees and VAT will be included as per your Requirement.

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Description

Foreign Company Formation: An entrepreneur has to follow nine specific procedures and legal steps to set up a business in Bangladesh. At the very first, the entrepreneur has to apply to the Registrar of Joint Stock Companies and Firms (RJSC) for Name Clearance Certificate. After receiving the certificate, the next step is to pay stamp duty at a Designated Bank and again apply to RJSC for registration. Then the company makes a seal and open a bank account and then apply for trade license to respective City Corporation or Municipal Corporations. After completing all those procedures, the entrepreneur has to approach to the National Board of Revenue (NBR) for receiving a TIN Certificate and registering with the Customs, Excise, and VAT Commissioner-ate. Finally, the investor requires to apply to the Bangladesh Investment Development Authority (BIDA) for registration.

 

Process Step

  • Firstly, Applicant fills in the online application
  • Secondly, Opening an E-account an RJSC website
  • A preliminary name search on the RJSC website
  • Payment of fees to the designated Bank
  • Submits the money receipt
  • Obtain the name clearance certificate
Required Documents
  1. A print out of the name clearance certificate
  2. Original copy of Money Receipt

 

PROCEDURE 02
Pay Stamp Duty at a Designated Bank

Payment of stamp duty is made to the account of the Treasury at the BRAC Bank. According to the Stamp Act, 1899 as amended on June 30th, 2012.

For authorized share capital of up to BDT 1,000,000, the total stamp duty fees are BDT 4,000.

These include BDT 3,000 for affixing stamps on the Articles of Association and BDT 1,000 for stamps on the Memorandum of Association. In addition, a certified copy of each document costs BDT 50.

 

We Help You in Export License (ERC), Import License (IRC), Company Formation, Trademark, Copyright, Share Transfer and Corporate Services, etc.

First Time in Bangladesh JK Associates Provide Consultancy Service with EMI. Now you Can Take Consultancy Service with Low-Cost EMI.
So don’t be late, contact our customer care now and take the service you need.

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