How to obtain BIDA registration in Bangladesh?

How to obtain BIDA Registration in Bangladesh?

Starting a business in Bangladesh requires legal registration and approval. For investors, both local and foreign, the Bangladesh Investment Development Authority (BIDA) plays a central role in this process. BIDA is the government agency that looks after investment approvals, business setup permissions, and provides support services to help businesses operate smoothly.

You can obtain BIDA registration in Bangladesh by applying BIDA Website online or at the BIDA office. Prepare and submit the required documents, pay the registration fee, and wait for review.

This article explains what BIDA does, the step-by-step registration process, required documents, and answers to common questions.

What is BIDA?

The Bangladesh Investment Development Authority (BIDA) is a government body under the Prime Minister’s Office. It was created to attract investment, both foreign and local, and to simplify the process of starting and running a business in Bangladesh.

• Registering new projects.
• Approving joint ventures and foreign investment.
• Offering incentives such as tax holidays and duty exemptions.
• Coordinating with ministries and other authorities.
• Assisting in resolving issues faced by investors.

Steps to Register with BIDA

To register with BIDA, first consult with officials to know requirements. Then submit required documents and pay the fees. BIDA reviews your application and may request clarifications. Once approved, you receive a registration certificate, making your business legally recognized.

Step 1: Initial Consultation

The first step is to consult with BIDA officials or approved representatives. This consultation helps you learn about the rules for your type of business, the specific documents you will need, and the fee structure. Many investors find this step useful because requirements may vary depending on the sector.

Step 2: Submission of Documents

After the consultation, you must prepare and submit the required documents. BIDA accepts applications both online and at its office. Make sure the information is correct and all documents are signed and updated. Mistakes or missing papers can slow down your approval.

Step 3: Payment of Fees

Once your documents are submitted, you need to pay the registration fee. The fee depends on the size and type of your investment. BIDA provides receipts for all payments, so keep them for records.

Step 4: Application Review

BIDA will then review your application. This step may involve checking your background, verifying company details, and asking for extra documents if needed. Be ready to answer questions or provide clarifications during this stage.

Step 5: Approval and Certificate Issuance

If everything is correct, BIDA will approve your project and issue a registration certificate. This certificate is proof that your business is registered and allowed to operate in Bangladesh. You will need this certificate for opening bank accounts, applying for trade licenses, and applying for investment incentives.

BIDA Registration Requirements

For 100% Foreign Investment or Joint Venture

• Forwarding letter by Chairman or Managing Director
• Application form prescribed by BIDA
• Certificate of Incorporation, Memorandum, and Articles of Association
• Joint venture agreement signed by both parties (for joint venture)
• List of shareholders and directors
• Trade license
• E-TIN certificate (Tax Identification Number)
• List of machinery (local and imported)
• Land agreement or ownership deed
• Encashment certificate
• Project profile
• NOC from BSCIC if required
• NOC from relevant ministry, directorate, or department if required
• Power Purchase Agreement in case of a power project

• Forwarding letter by Chairman or Managing Director
• Application form prescribed by BIDA
• Certificate of Incorporation, Memorandum, and Articles of Association
• List of shareholders and directors
• Trade license
• E-TIN certificate
• Land agreement or ownership deed
• Project profile if the project exceeds Tk 5 crore
• NOC from BSCIC if required
• NOC from relevant ministry or department if required
• Power Purchase Agreement for power projects

• BIDA Registration fee ranges from BDT 5,000 to BDT 100,000 depending on the proposed investment amount.

• For amendments to registration, the BIDA fee is BDT 1,000 plus 15% VAT for each change.

• Visit the official BIDA website.
• Create an account or log in if you already have one.
• Fill in the application form with details of your company.
• Upload all the required documents in PDF format.
• Pay the registration fee using the available online payment methods.
• Submit your application and keep the tracking ID.

With the tracking ID, you can log in anytime and check the status of your application.

• Your business gets legal recognition in Bangladesh.
• You become eligible for tax holidays and duty-free imports in some cases.
• Banks require the registration certificate to open company accounts.
• Government offices and ministries often ask for the BIDA certificate for approvals.
• It builds trust among partners, suppliers, and investors.

Final Thoughts

BIDA registration is a must for any investor who wants to start a business in Bangladesh. The process involves consultation, submission of documents, payment of fees, and review by BIDA before you receive your registration certificate. Preparing your documents carefully and understanding the requirements for your type of investment makes the process much smoother.
Bangladesh is a growing market with opportunities across sectors. With proper registration through BIDA, investors can set up their businesses with confidence and take advantage of government support and incentives.

FAQs

1. How can I apply for BIDA registration?

Ans : You can apply through the BIDA website by creating an account, filling in the application form, uploading documents, paying fees, and submitting the application online.

2. What documents are required for BIDA registration?

Ans : Common documents include the application form, Memorandum and Articles of Association, Certificate of Incorporation, trade license, TIN certificate, shareholder and director list, land ownership or rental papers, and project profile.

3. How long does it take to get approval?

Ans : Normally, it takes 10 to 15 working days. Complex projects or incomplete files may take longer.

4. Can I track my application status?

Ans :Yes, after submission you will get a tracking ID. You can use it to log in and see updates on your application.

5. What are the fees for registration?

Ans : The registration fee ranges from BDT 5,000 to BDT 100,000 depending on investment size. Amendments cost BDT 1,000 plus 15% VAT.