ESTABLISHMENT OF LIAISION / REPRESENTATIVE / BRANCH OFFICE
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Preliminary Support
Branch or Liaison Office is one of the two options for foreign investors wishing to setup their presence in Bangladesh. The other option is incorporating a Bangladeshi subsidiary company…
… Approval of Board of Investment (BOI) is the primary requirement for setting up a Branch or Liaison office in Bangladesh….
Our Services including but not limited to:✔ Assess eligibility to open office in Bangladesh,
✔ Guideline and demonstrate for process and steps to open office,
✔ Provide list of documents and process time,
✔ Provide authentic information about litigation requirements and obligations,
✔ Provide reference about rules and regulations,
✔ Arrange meeting with government authority,
✔ Issue Invitation to obtained business visa,
✔ Advise foreign Bank to open account,
✔ Arrange welcome service at Airport provided by the Govt. authority,
✔ Arrange faster departure in the airport for respective investors. -
Documentation
While improving business processes, it is essential that one document the process as well as any improvements made to it. Most consultants will document both the “As-Is Process” as well as the “To-Be Process”. While many think about it as customary and do it for the same reasons, there are other important reasons to document the process....
Our Services including but not limited to:
✔ Provide standard template of documentation,
✔ Drafting and documentation as per Govt.requirement.
✔ Prepare documents to open Bank account
✔ Drafting initial documents which need attached from Bangladesh Mission,
✔ Prepare additional documents to obtain required License and permission,
✔ Online date input and attached documents in the respective Govt. website -
Licensingm
Approval of Board of Investment (BOI) is the primary requirement for setting up a Branch or Liaison office in Bangladesh. Only few license and permission are required to open liaison office in Bangladesh...
….The name of Bangladeshi Branch or Liaison Office must represent to the name of the foreign company. At list two shareholders or Board of Directors must be available in the principal company. …
Our Services including but not limited to:
✔ Obtain permission from BIDA
✔ Collect TIN certificate
✔ Obtain 18B(1) permission
✔ Trade License (if required)
✔ Filing to Joint Stock Companies and Firms(if required)
✔ Collect & corresponding about security clearance.
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Operational Litigations
Companies without significant profits or any direct business activities and/or a reasonable amount of capital may invest to get permission for a liaison office. All the activities of integral supportive part other than the commercial business activities have no role in the profit being made by the liaison office...
….The liaison office will often the initial route chosen by the principal company to representing its parent, and carrying out promotional and, indeed, 'liaison' activities on behalf of its parent...
Our Services including but not limited to:
✔ Assistance for Quarterly report to Central Bank, BIDA and Tax authority
✔ Assistance for Quarterly TDS report to Tax authority
✔ Renewal all license, permission and registration,
✔ Communicate with licensing and monitoring agency about their quarries,