Latest questions and answers

• How to register a new company?

  Incorporating a company in Bangladesh could be difficult for some, unless the right applicable procedure is known. For incorporation of a company, there are various applicable provisions from several acts in Bangladesh. A brief understanding on what is required for the requirements and procedure for incorporation of a company in Bangladesh may be illustrated from the following:
  
  ​Generally, there are three types of companies, as per the Companies Act 1994:
  1. Company limited by shares,
  2. Company limited by guarantee; and 
  3. Company with unlimited liability. 
  
  ​Amongst the three, a company limited by shares, is the most common form of incorporation of a company in Bangladesh.
  The Registrar of Joint Stock Companies and Firms (RJSC) is the sole authority which facilitates formation of companies etc.; and keeps track of all ownership related issues as prescribed by the laws in Bangladesh.
  The step by step procedure for the incorporation of a company is the Registrar of Joint Stock Companies and Firms (RJSC), as no set guidelines are provided in the Companies Act 1994.

• Where can I get Trade License?

  Trade License is mandatory for every form of business entity in Bangladesh. It is issued by the local government of the respective areas. Every business entity must obtain Trade License from each local government where it operates. If a business entity has more than one place of business, it must obtain Trade License from each local government/Pouroshava/Union/City Corporation. It is issued for one year and have to be renewed annually. Trade License attracts some government fees, which usually depends on the types of business.

• Where can I get BIN (VAT) Certificate?

  The National Board of Revenue (NBR) has digitized their service. Now businessman can get BIN certificate from Internet. NBR is trying to reduce complexity of VAT return. BIN Registration Process in Bangladesh. During BIN registration, applicants have to login by user & password. They have to fill up online BIN registration form.

• Where can I get eTIN Certificate?
  The National Board of Revenue (NBR) has digitized their service. Now Tax payer can get Tax certificate from Internet. NBR is trying to reduce complexity of Tax return. e TIN Registration Process in Bangladesh. During eTIN registration, applicants have to login by user & password. They have to fill up online TIN registration form. Registration form is deference for individual applicants, company, Registered firm, Unregistered firm, Association person, Hindu individual family. After submit tin registration form, applicants will get a code by mobile SMS. They have to preserve it for future use. eTIN username and password have to write secretly. If forgot password, then get help from help center.
• How to pay consultancy fee?
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