Starting a Company in Bangladesh Without Being There: Remote Setup Explained

As global entrepreneurship continues to evolve, more and more founders are exploring emerging markets for new opportunities. Bangladesh is increasingly on the radar, thanks to its rapid economic growth, cost-effective operations, and strategic location in South Asia. But one question we often hear is: can you start a company in Bangladesh without being physically present?

The short answer is yes.

In this guide, we’ll walk you through how remote Bangladesh company registration works in 2025, the legal steps involved, how much it might cost, and what support you'll need to make it happen smoothly. Whether you're a tech entrepreneur, service provider, or e-commerce operator, this guide is for you.

Why Choose Bangladesh for Your Business?

Before diving into the process, let’s talk about why Bangladesh is an increasingly attractive destination for foreign businesses:

• Booming economy: Bangladesh has shown consistent GDP growth and is now one of the fastest-growing economies in Asia.

• Large, youthful population: With over 165 million people, there’s a vast labor force and consumer market.

• Cost advantage: Operational and labor costs are significantly lower than many neighboring countries.

• Improving business environment: The government is making continued efforts to simplify the company registration process in Bangladesh for both local and foreign entrepreneurs.

All of this makes Bangladesh a promising market for global founders—and you don’t even have to be there in person to get started.

Can You Register a Company in Bangladesh Remotely?

Yes, you can. The Registrar of Joint Stock Companies and Firms (RJSC), the government body responsible for overseeing business formation, allows remote incorporation through authorized agents or legal representatives. With the right support on the ground, registering a company in Bangladesh remotely is not only possible—it’s becoming increasingly common.

The only requirement is that you appoint a local agent or legal firm that can submit your application and represent you before the RJSC. With digital communication, remote documentation, and power of attorney arrangements, the process can be done without you having to travel to Bangladesh.

Step-by-Step: Company Registration Process in Bangladesh (Remote)

Let’s break down the process so you know exactly what to expect.

1. Choose Your Business Structure

The most common legal entity for foreign entrepreneurs is the Private Limited Company (PLC). It offers limited liability, can have foreign shareholders, and is suitable for a wide range of business activities.

Other structures include:

• Sole proprietorship (for locals only)

• Partnership firm

• Branch or liaison office (for foreign parent companies)

For most remote setups, the private limited company is the go-to option.

2. Name Clearance from RJSC

Before you can proceed, you need to secure your company name through the RJSC's name clearance portal. Your representative in Bangladesh can handle this step online on your behalf.

The name must be unique and not conflict with existing registered businesses.

3. Prepare the Required Documents

For a foreign-owned PLC, you’ll need to prepare and submit the following documents:

• Memorandum and Articles of Association (MoA and AoA)

• Form IX (Consent of Directors)

• Form XII (Particulars of Directors)

• Passport copies of shareholders and directors

• Proof of address (for shareholders)

• Power of Attorney (authorizing your local representative)

These documents can be signed and notarized remotely, then sent electronically or via courier, depending on RJSC requirements and the law firm you appoint.

4. Submit Incorporation Documents

Your local representative will file your application with RJSC along with the relevant documents. The authority will review your application, and if everything is in order, the company will be officially incorporated.

You’ll receive:

• Certificate of Incorporation

• Certified copies of MoA and AoA

• Company registration number

This is the official proof that your business is legally established in Bangladesh.

5. Open a Bank Account and Inject Share Capital

After incorporation, the next step is to open a corporate bank account. Most banks in Bangladesh require the physical presence of at least one director or authorized signatory to open the account. However, some local banks may accommodate this requirement with prior arrangements, depending on your representative’s authority.

You’ll also need to inject the paid-up capital (minimum $1 for local companies, but foreign-owned companies may require more, especially for certain licenses or visas).

6. Obtain Trade License, TIN, and VAT Registration

To begin operations, your company will need:

• Trade license from the local city corporation

• Tax Identification Number (TIN) from the National Board of Revenue

• VAT registration, if applicable

Your local service provider can secure all of these on your behalf, ensuring you remain fully compliant.

Also Read: Requirements for Company Formation in Bermuda

What Is the Cost to Register Company in Bangladesh Remotely?

Costs can vary based on your business type, number of shareholders, and the professional services you engage. Here’s a general estimate:

• Name clearance and RJSC fees: $100–$300

• Legal documentation and notary: $200–$500

• Professional service fees: $500–$2,000 (varies by firm)

• Trade license, TIN, and VAT: $100–$300

• Bank account setup and minimum deposit: Depends on your bank and capital

So, the full cost of Bangladesh company registration can range from $1,000 to $3,000 for a standard remote setup, excluding any industry-specific licenses.

Legal and Compliance Requirements After Registration

Once your company is registered, there are ongoing responsibilities to keep in mind:

• Filing of annual returns with RJSC

• Maintenance of statutory records and company books

• Submission of annual income tax returns

• Renewal of trade license every year

• Complying with employment laws, if you plan to hire locally

Working with a local accountant or legal advisor ensures you remain compliant while focusing on growing your business.

Tips for a Smooth Remote Setup

• Choose a reliable company formation agent or law firm with experience in foreign ownership structures.

• Use a trusted courier service if documents need to be physically signed and delivered.

• Plan for bank account requirements early, especially if director presence is needed.

• Maintain clear communication with your representative to avoid delays.

Conclusion

Starting a company in Bangladesh remotely in 2025 is not only possible—it’s surprisingly straightforward with the right guidance. As the country continues to position itself as an attractive destination for foreign investment, the company registration process in Bangladesh has evolved to support remote founders through digital tools and legal proxies.

By understanding each step, preparing the right documents, and partnering with a reputable local agent, you can register a company in Bangladesh from anywhere in the world. Whether you’re exploring a manufacturing opportunity, a tech venture, or an import/export business, Bangladesh offers a gateway to South Asia’s rapidly expanding economy.

Also Read: Prerequisites for Company Registration in Luxembourg

FAQs

1. Can a foreigner fully own a company in Bangladesh?
Yes, 100% foreign ownership is allowed for most business sectors, except for a few restricted industries. A local partner is not mandatory.

2. Do I need to visit Bangladesh at any stage of the company formation?
No, you can complete the entire registration process remotely through a Power of Attorney and a trusted local representative.

3. How long does it take to complete the Bangladesh company registration remotely?
Typically, the process takes 10 to 20 working days, depending on the complexity and how quickly you provide the required documentation.