Easily Setup Liaison office In Bangladesh

Fast Easy And A Hassle-Free Setting Up Liaison Office

Many foreign corporations establish liaison offices in Bangladesh to conduct liaison activities on behalf of their parent corporations. The Liaison Office is not permitted to engage in any business or commercial activity in Bangladesh to produce money, as it is not subject to corporate tax in Bangladesh.

The office often promotes the patent office's activities in Bangladesh as far as the Board of Investment, Bangladesh permits, without engaging in revenue-generating activities. The liaison office acts as a link between the Parent Office in another country and the parties in Bangladesh. We payroll bangladesh help you to set up a liaison office.

Why Choose Payrollbangladesh For Your Liaison Office Management Services

Our service is used to represent a foreign company with the primary goal of understanding and exploring business conditions, business environment, market nature, and conducting market research for the parent company's product to provide and seek additional information from prospective customers or vendors.

Activities Required To A Liasion Office: 4 copies of an application for the establishment of a branch/liaison/representative office in the appropriate form, signed by the authorized person. Articles of Association its Certificate of Incorporation. Names and nationalities of the primary company's promoters. The primary company's audited financial statements for the previous fiscal year.

Documents (items 2-5) must be attested by the concerned Bangladesh mission of the relevant nation in Bangladesh business local business of the respective country. Before submitting any documents that are not in English, they must be translated into English. All documentation must be provided to BIDA in four copies. After analyzing the above mentioned documents, BIDA may request additional documentation.

Our Management Services Take Care Your Full Business Process

Total business office setup services in Bangladesh

Liaison offices or representative offices are used by companies that want to establish a presence in Bangladesh but don't want to start doing business there right now. Our services must obtain approval from the Bangladesh Investment Development Authority (BIDA).

Get in touch with us immediately if you want to learn more about how a company is founded in Bangladesh. Our firm's lawyers have extensive experience and are available to assist you at any time. The procedures for establishing a Representative office are substantially identical, according to the BIDA Guidelines.:


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Conclusion:

It should be noted here that representative offices and liaison offices in Bangladesh work together. Liaison Offices differ from Branch Offices in their scope of work and operation.The liaison office can continue very limited activities via maintaining coordination with the local agent, distributors/exporters' institutions, and the Principal via personal contact, electronic media, or corresponding work. The liaison office sometimes collects business information, compiles analytical business data, and conducts necessary surveys related to its field of activities as outlined in their letter of approval. Our experienced should help you to open a liaison office. For any quarry contact (88) 09606999122 or info @ payrollbangladesh.com

Frequently Asked Questions

1How Does Cooperation With Industry Work?
Among the Cooperation activities with industry are placement industrial training, research, career opportunities, professional services, awards, consulting services, expertise sharing, facility sharing, and income generation.
2What Is The Purpose Of Liaison Office?
A Liaison Office (LO) is a representative office that was established with the goal of learning about and understanding the business and investment climate. This Office (also known as a Representative Office) can only conduct liaison activities, such as serving as a communication link between the Head Office in another country and the Organizations in Bangladesh.
3What Are The Requirements For Setting Up A Foreign Liaison Office In Bangladesh?
A foreign insurance company can only open a Liaison Office in Bangladesh through the Insurance Regulatory and Development Authority (IRDA). Foreign banks can also establish Liaison Offices in Bangladesh only after receiving approval from the Department of Banking Operations and Development (DBOD), Reserve Bank of Bangladesh.
4What Is The Difference Between Branch Office And Liaison Office?
In terms of the approvals and documentation needed to set up a liaison and a branch office, they are identical. In terms of operations, a branch office mirrors the parent firm, but a liaison office merely works as a representation and has operational limits.
5What Is Meant By A Company Liaison?
A liaison in business is a person or entity who assists in the communication between two parties.
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