Get Our Biggest Support For Registering Your Representative Office in Bangladesh
We have 15 years of experience in assisting thousands of foreign corporations in setting up Representative Offices in the Bangladesh
Payrollbangladesh setup and operate representative offices or outsourced fulfillment services for clients. We are satisfying their day to day business needs or implementing their need based business requirements on a weekly or monthly basis.
Moreover we focus on fulfilling their customer service needs as per pre-defined criteria and methodology. To make it simple Payroll Bangladesh provide the service and advise you on what you need to run your business in Bangladesh, so you can focus your energy on your HRM operations, and revenue generation.
We provide a path for foreign companies to open a representative office in Bangladesh to simplify and promote the parent company's business activities, and act as a communication channel between the foreign parent company and Bangladeshi companies.
Foreign offices are incapable of conducting commercial, industrial, or trading activities; support is derived from private inward remittances received from their overseas parent company. A representative office is allowed to maintain coordination between the principal and local agents.
The representative office may also obtain, compile, analyze information from distributors/exporters' institutions through correspondence, personal contact, and other electronic media. As per the approval letter, this process enables the dissemination of business information related to its field of activities.
This office will have no local source of income in Bangladesh. All setup and operational expenditures including salaries of the expatriates and local staffs or employees of the Liaison or Representative office will have to borne by the parent company aboard.
We Provide You 3 Steps Simple, Straightforward Liaison Office Set-up If you’re planning to set up a representative office in the Bangladesh you’ve got some exciting challenges ahead of you
We assist our customers in every step of setting up a Liaison office. Therefore our clients need to require to submit application in the prescribed form along with the documents, which must be attested by the Bangladesh Embassy or High Commission of the country of origin or Apex Chamber of Commerce of the country of origin
We assist our clients to give confidence and organize checklist of documents to get BIDA’s approval. Here checklist involves application form, duly filled in, signed and sealed, Memorandum of Association and Articles of Association (AoA) of the principal Company and Certificate of Incorporation etc.
We provide outstanding service to our clients in setting up representative office from beginning to end with a team of professional expert who have years of experience in this field. They will advise you on what you need to run your business in the Bangladesh, so you can focus on your business goal.
Our 3 Service Process For Opening Registering Office
View process to set up Representative Office
1. Bank Account Opening
After obtaining the approval from BIDA, a bank account must be opened in any bank in Bangladesh.
2. Bangladesh Bank Approval
Then receiving approval from BIDA, the representative office need to report to the Central Bank of Bangladesh. Such a report should be made with 30 (thirty) days of the approval
3. RJSC Registration
Lastly, after receiving an approval from both Bangladesh Bank and BIDA, the last step is to register the Liaison office with the RJSC..
Our Expert Team Assist Your Representative Offices
A representative office is also free to showcase goods at trade fairs and exhibit samples of goods at trade fairs and in their offices. We provide Consulting services to assist your business by prioritizing and executing strategic projects pertaining to your representative office so as to improve your business efficiency and effectiveness. No matter how challenging your business problems may be, we have the expertise and knowledge to help you move forward. A company with this type of office can demonstrate its commitment to the new market while allowing intense on-the-ground research. There are some developing economies that have tight restrictions on opening and expanding their representative offices. There may be restrictions and approval requirements from the central government.
Our Working Process Fascinated You For Choosing Us
Consultation and proposal
Signing & Paying
Documents to prepare
Break a sweat
We Make It Easy To Get Our Excellent Work For Your Business
Establishing a Representative office for your corporation has a number of advantages:1. A representative office is a cost-effective way for global companies to establish a presence in Vietnam.
2. The Vietnamese government does not tax representative offices, but its staff are subject to personal income tax.
3. The location of a representative office in Vietnam does not have any geographic restrictions. There is no limit to how many representative offices a foreign company can open in Vietnam.
4. A representative office is not recognized as a separate legal entity under Vietnamese law. Nevertheless, it can sign a commercial contract on behalf of its parent company.
5. Licensing for representative offices is valid for five years, and this period is renewable.
6.Our Consultants can arrange Vietnamese residence visas for your representative office's expatriate staff.
7. It helps to reduce obstacles for the Rep. Office in Vietnam.