Corporate Secretarial Services

Entity Setup & Support

A strategic approach to expansion in Bangladesh

Our comprehensive, end-to-end solutions assist you to quickly establish a legal entity in Bangladesh. By adopting a strategic approach, we enable clients to retain the same quality of legal compliance as their own in-country companies or subsidiaries. Our integrated solutions help our clients to successfully navigate their company incorporation, bank account setup and other registrations.

As a trusted company incorporation partner to our clients, ACE Advisory enables international businesses to establish local entities quickly, reliably, and compliantly in Bangladesh.

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Helping you incorporate an entity in Bangladesh

ACE Advisory’s team of company specialists can assist global businesses to quickly and cost-effectively incorporate a company in Bangladesh. Our pre-incorporation PEO solution also allows you to hire team members overseas whilst waiting for your entity to be established.

Pre-Incorporation with PEO

Our PEO services let you begin operating in Bangladesh immediately, while waiting for your entity to be incorporated.

Pre-Incorporation Advisory Services

Our team of professionals can help you decide what form of a local entity is best suited to your needs and we are here to explain all options to you while highlighting associated risks. Additionally, we regularly advise international investors on the optimum corporate structure for their company set up in Bangladesh.

Company Incorporation in Bangladesh

Our team of in-country experts work alongside local governments to handle the bulk of the incorporation process in Bangladesh. This saves you valuable time and money.

Bank Account Opening Assistance in Bangladesh

We have established working relationships and partnerships with the major international and local banks in Bangladesh and our experts can guide you through the complex KYC and documentation requirements.

Mandatory Registrations in Bangladesh

We are able to advise and assist clients in obtaining all other mandatory registrations that an entity requires to operate in Bangladesh.

Complete Corporate Compliance

We specialize in providing full outsourced compliance services to ensure your local entity remains complaint.

Helping you incorporate an entity in Bangladesh

Limited Company

There are two types of limited liability companies available under the Companies Act, 1994 in Bangladesh:

Private Limited Company – This is the most preferred form of business entity. There is no minimum paid up capital required but there needs to be a minimum of 2 shareholders and 2 directors. Bangladesh laws allow 100% foreign ownership (except for reserved industries) and there is no requirement for local directors.
Public Limited Company – This is usually used for a larger set up with view of potential public listing in the future. The requirements are similar to that of a private limited company with the exception of a minimum of 7 shareholders and 3 directors of any nationality.

Sole Proprietorship

A sole proprietorship business in Bangladesh can be started and conducted using only a trade license and does not constitute a separate legal entity therefore it is not distinct from the owner/proprietor. A sole proprietorship does not provide limited liability protection and owner’s personal assets are not protected from business risks.

Partnership Firm

A partnership is a business structure where two or more partners start an entity to do business together. A partnership firm is formed under the Partnership Act, 1932. A partnership firm does not provide limited liability protection and partner’s personal assets are not protected from business risks.

Local Office of Foreign Entity

There are three options, Branch Office, Representative Office or Liaison Office in Bangladesh. There is minimal distinction between the three options with the primary difference being that a Branch Office is allowed to obtain waiver for restrictions on local commercial operations while the other two are restricted from such activities.