Fast Easy And A Hassle-Free Setting Up Liaison Office
Many foreign corporations establish liaison office 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.
5 Special Services For Liaison Office
- 6. Accounting, HR administration, payroll, and tax issues
7. Our end to end process must impress you.
Our Key Facts Of Liasion Office In Bangladesh
In Bangladesh, the liaison office and the representative office are the same thing. The Liaison/Representative Office of a foreign corporation is limited in what it can accomplish:
Maintain correspondences, personal contracts, and other electronic media to maintain liaison/coordination between principal and local agents, distributors/exporters' institutions.Analyze and publish business information regarding its actions as stipulated in the approval letter. A Liaisonoffice in Bangladesh will have no local revenue.
Registration With The Payroll Bangladesh
After receiving approval from both Bangladesh Bank and BIDA, you must register with the RJSC. The following documents are required for this purpose:
1. Letter of approval from BIDA.
2. Bangladesh Bank's approval letter.
3. Copy of the memorandum and articles of the company or other constitutional documents.
4. The address of the company's registered or principal office.