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Company Formation in  Bangladesh

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    Officially known as the People’s Republic of Bangladesh, the country is deemed to be one of the emerging economies of the world. Currently, the economic indicators of Bangladesh display an upward trend. The major contributors to the economic growth of Bangladesh are agriculture, transport and communication, power and energy and industry. Additionally, the manufacturing sector has shown remarkable growth over these years. Bangladesh has also signed treaties for avoiding Double Taxation with countries such as India, Canada, United Kingdom, Sweden, Malaysia, Singapore etc. Following are the reasons why starting a business in Bangladesh is an ideal choice for businesspersons.

    • Bangladesh provides an abundance labour force that is available economically.

    • The government of Bangladesh offers a Tax holiday for new companies incorporated in Bangladesh for around 5-9 years on some conditions.

    • It has the lowest inflation rate in Asia.

    • The work and residency permits are easily available for doing business in Bangladesh.

    • It has also established Export Processing Zone in order to encourage the level of exports.