Branch Office Registration
Establishing a Branch Office is one of the most effective strategies for international corporations to initiate operations in Bangladesh. It serves as a direct extension of a foreign parent company, allowing it to engage in commercial activities, execute contracts, and provide services while maintaining a simplified corporate structure. A Branch Office is often the first step toward incorporating a full 100% foreign-owned subsidiary in the country.
Regulatory Framework & BIDA Requirements
Under the guidelines of the Bangladesh Investment Development Authority (BIDA), a Branch Office is permitted to engage in commercial activities within a predefined scope. Key requirements include:
- BIDA Permission: Mandatory approval must be obtained before commencing any operations.
- Capital Requirement: The parent entity must remit a minimum of USD 50,000 into a local bank account in Bangladesh as initial establishment and operational capital.
- Documentation: All supporting documents (such as the Certificate of Incorporation, Board Resolutions, and Audited Financial Statements of the parent company) must be duly attested by the Bangladesh Embassy/High Commission or the Apex Chamber of Commerce in the country of origin.
Our Specialized Services
Pioneer BizCare provides end-to-end facilitation, acting as your local legal and administrative partner to ensure a seamless setup process.
1. Strategic Application Management
- Online Submission: We manage the comprehensive BIDA online application portal, ensuring all data entries and technical attachments meet government standards.
- Document Verification: Our team reviews and organizes your corporate documents to ensure they meet the specific attestation requirements of Bangladeshi law.
2. Regulatory Liaison & Approval
- Proactive Follow-up: We conduct frequent on-site visits to the BIDA office to track the progress of your file and address any queries from the reviewing officers immediately.
- Certification: We oversee the process until the final Branch Office Permission Certificate is issued and delivered to you.
3. Post-Registration Support
Once the BIDA permission is secured, we assist with the remaining mandatory legal steps:
- RJSC Registration: Registering the branch as a foreign entity with the Registrar of Joint Stock Companies and Firms.
- Taxation & VAT: Securing your company’s e-TIN and e-BIN (VAT Registration).
- Trade Licensing: Obtaining the necessary operational licenses from the relevant local authorities (City Corporation/Union Parishad).
Why Choose Pioneer BizCare?
Navigating the complexities of foreign investment in Bangladesh requires local expertise and persistent follow-up. We provide the bridge between your global headquarters and local regulatory bodies, ensuring your Branch Office is established quickly, transparently, and in full compliance with the laws of the land.
