Liaison & Representative Office Registration
Under the regulatory framework of the Bangladesh Investment Development Authority (BIDA), foreign entities are permitted to establish a Liaison Office (often referred to interchangeably as a Representative Office) to facilitate their presence in the Bangladeshi market.
A Liaison Office serves as a vital communication bridge between a foreign parent company and its local affiliates, partners, or clients. It is important to note that a Liaison Office is strictly non-income generating and is prohibited from engaging in any commercial, trading, or industrial activities within Bangladesh.
Regulatory Guidelines & Requirements
To establish a Liaison Office, foreign investors must adhere to specific BIDA protocols:
- Scope of Activity: Activities are limited to market research, promoting the parent company’s products/services, and coordinating business interests.
- Inward Remittance: The foreign parent entity must transfer a minimum of USD 50,000 (or its equivalent) as an initial establishment cost into a local bank account in Bangladesh within two months of permission.
- Operating Expenses: All operational costs of the office must be met through inward remittances from the parent company abroad.
How We Help
Pioneer BizCare provides end-to-end facilitation to ensure your foreign entity secures the necessary permissions without administrative delays.
1. Application Management
- Strategic Documentation: We advise on the specific documents required from the parent company (such as the Certificate of Incorporation, Board Resolutions, and Audited Accounts) and ensure they are properly notarized and attested by the relevant Bangladesh Embassy/High Commission.
- Online Submission: We handle the comprehensive online application process through the BIDA portal, ensuring all attachments and data entries are accurate and compliant.
2. Regulatory Liaison
- Active Follow-up: Our team maintains a physical presence at the BIDA office, proactively tracking the status of your application.
- Processing & Approval: We manage all inquiries from government officials and coordinate the final issuance of the Liaison Office Permission Certificate.
- Post-Permission Compliance: Once permission is granted, we assist in registering with the Registrar of Joint Stock Companies and Firms (RJSC) and obtaining the necessary Trade License and e-TIN.
Why Choose Pioneer BizCare?
Setting up a foreign office requires a deep understanding of local bureaucratic procedures and investment laws. We act as your local representative, ensuring that your parent company’s interests are professionally advocated for at every stage of the registration process.
