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Perfect And Worldclass Foreign Entity Formation Service
Payroll Bangladesh Provides A Seamless Transition To The Next Level In Expansion
Payrollbangladesh is committed to helping its clients grow and succeed in new markets globally. Our Business Registration and Entity Formation Service facilitates the complete set-up of local entities worldwide. Our expert professional ensures a smooth transition by guiding and supporting the procedure and creating a seamless shift from our partner to a recognized entity.
Foreign entity setup can be a challenging and long process, with complications For example:
1. The country you want to incorporate in
2. The nature of company you are trying to form
3. Bank account requirements
4. Tax registrations
Our firm simplifies this process by providing world-class global entity services. We can ensure both the company and its employees are reinforced throughout the procedure.
Followings are the mode and types of entity/business formation/incorporation in Bangladesh We guide foreign investors to do business in Bangladesh.
1. Registering a private limited company as foreigner
2. Registration of branch office
3. Franchise agreement
Most of the Companies often struggle with the complications of satisfying local requirements and cutting through layers of bureaucracy. Payrollbangladesh eliminates these burdens by replacing them with a Customized Registration and Formation Service for their customers, alongside global entity services that works with the organization’s unique requirements and broader business goals.
Our team of specialists utilize their wealth of experience and intelligence tools to enable firms to easily transition from working with our professional experts to forming an established entity, supporting them every step of the way. A dedicated Customer Success Manager is on hand to guide you through the process from beginning to end, ensuring that the incorporation and registration of your business are smooth and compliant. As a customer, you will have access to subject matter experts with a depth of involvement in entity setup and management.
We will give you thorough knowledge about the procedure of incorporate/register an entity/business in Bangladesh. Moreover, we will give due to adherence in regards to the several modes or structures by which an investor can incorporate an entity in Bangladesh. The particular mode of entity incorporate in Bangladesh depends on the need of the customers and the type of corporate the consumer is engaged in.
Payroll Bangladesh is one of the topmost service providers in Bangladesh with regards to incorporation with RJSC (Company House). It is also with Bangladesh Investment Development Authority. .
Your process begins with an initial discovery of a consultation. We will get 100% loyalty from us and we will define your business requirements and any preferences to help shape your future entity.
Our global customers always deliver satisfying words for our service and recommend. Bangladesh is as one of the most preferred destinations for Foreign Direct Investment. It is also better choice for registering a business. Thus results in high numbers of entity/businesses being incorporated or registered in Bangladesh. Therefore, Government’s beneficial provisions towards foreign investors is encouraging to foreign company or investors to register business in Bangladesh .
The Government of the Peoples' Republic of Bangladesh has established several organizations such as Registrar of Joint Stock Companies and Firms, Bangladesh Investment Development Authority (BIDA), Bangladesh Bank and Bangladesh Securities and Exchange Commission to help the foreign investors in registering an entity in Bangladesh and effortlessly run its businesses. Again, while following the provisions of the Companies Act 1994, these institutes have several laws and regulations which must be stood by.
Why the foreign investors Choose Us?
Moreover, Partnering with Payroll Bangladesh for your entity formation guarantees compliance in a jurisdiction while giving your business the freedom to focus on its larger business objectives and strategies.
Bangladesh’s directness to foreign investment, competitive labor costs, and rapid economic growth are swiftly turning it into one of the most promising markets in the world. Statistics by the Bangladesh Bank (BB) demonstrate that the country expected $961 million in the fiscal year 2008-09, though FDI inflow increased to $2.54 billion in FY16-17.
We assist how to start a business in foreign country and following services are provided:
1. Foreign Company Formation
3. Business Incorporation (Private & Public company)
4.Foreign Company Formation
5. 100 % foreign share
6. Joint Venture (merger, accusation
7. Branch or Liaison office open
8.Offshore company open.
9. Guide to apply of export, import license, factory permission, business license in any country
10.Income Tax and business advisory.
12.Prepare accounts and audit (Audit- B/S, P/L, and Income Statement).
13. Company secretarial and virtual office service.
Here Are Our 7 Services That You Can Trust Our Work And Experience
4. Rapid Economic Growth
One of the most prominent indicators of Bangladesh’s rapid economic development is its rising GDP. According to the IMF, the average GDP Growth for developing countries is 4.9% but in Bangladesh Asian Development Bank, estimated growth in 2018 and 2019 at 7% and 7.2%, respectively. So, compared to other developing markets, the GDP growth of Bangladesh has been outstanding..READ MORE
Bangladesh is Located on the border of South and Southeast Asia is close to other major markets in the region, such as China and India. The capital city of Bangladesh is Dhaka which is considered a commercial and financial hub of the country and has easy access to its neighboring countries. Our company is located in the very commercial area of Dhaka. Therefore our office set up is preferred by all foreign entitiesREAD MORE
5. Competitive Labor Costs
The average monthly salary for laborers in Bangladesh is much lower than the average wage of workers. In fact, growing overhead costs in developed countries such as China have become the main reason why many businesses are moving their manufacturing to other destinations. Therefore setting up a foreign entity in Bangladesh has become very cost-effective for many investors.READ MORE
One of the main dynamic forces of Bangladesh’s economic growth is its young labor force. In 2018, the median age in Bangladesh was just 26.0. This country also has potential in technical education. The European Commission listed Bangladesh as a perfect destination for outsourcing. Most of the reputed universities and training centers are located in Dhaka. Therefore setting up a foreign entity here would be beneficial for investorsREAD MORE
We Are Considering A Very Welcoming Attitude To You For Grow The Process Of Your Foreign Entity Setup
As a matter of facts foreign investment can be seen in most sectors and providing favorable conditions for doing business operations. Some of the incentives Bangladesh is presenting to foreign investors are:
1. Tax holidays and exemptions
2. Simplified import of raw materials and machinery
3. Facilitation of utility connections
The Bangladesh Economic Zone Authority (BEZA) is also taking preparation to create 100 economic zones all over Bangladesh in the next 15 years.
According to Trading Economics global macro models and analysts’ foreign Direct Investment in Bangladesh is expected to reach 2500.00 USD Million by the end of 2021.