How to Get BIDA Approval in Bangladesh: Step-by-Step Guide for Investors
If you’re planning to invest in Bangladesh or set up a business here, obtaining BIDA (Bangladesh Investment Development Authority) approval is one of the first key steps. This approval is crucial for foreign investors looking to establish a business, branch office, or liaison office. This guide will walk you through getting BIDA approval and how SRCO BD can assist you at every stage of the journey.
The Bangladesh Investment Development Authority granted BIDA approval for foreign investors or companies wanting to operate within Bangladesh. It is required for various types of business setups, including:
The approval process ensures that foreign investments align with Bangladesh’s regulatory framework, contributing to development.
Before applying for BIDA approval, it’s understand which category your business falls under:
To get BIDA approval, you’ll need to you’ll several documents. These include:
Pro Tip: Ensure that all foreign documents are notarized and, where necessary, translated into English.
The BIDA OSS (One-Stop Service) Portal is the platform for submitting your application. You’ll need to leave an account, upload all required documents, and pay the applicable fees.
SRCO BD Tip: SRCO BD can help you submit documents correctly, ensuring that everything is filled out accurately to avoid delays.
An application fee must be paid as part of the process, and the amount varies depending on the type of office or business setup you are applying for. For liaison offices, the fee is generally around BDT 25,000.
Once you apply, BIDA will review your documents. The review process can take 15 to 30 working days, during which BIDA may request additional documents or clarifications.
SRCO BD Assistance: SRCO can act as an intermediary between you and BIDA, ensuring that you provide the correct responses promptly and that the approval process moves forward smoothly.
Once BIDA approves your application, you’ll need to do a few additional formalities:
SRCO BD Support: After approval, SRCO BD helps you with these post-approval procedures, ensuring you fully comply with local regulations.
Navigating the process of BIDA approval can be complex and time-consuming. SRCO BD offers expert consultancy to ensure the process is seamless and efficient. Here’s how we help you:
We assist you in preparing and organizing all necessary documents, ensuring that every form and Document is completed correctly and is fully compliant with BIDA’s requirements.
We handle submitting your application through the BIDA OSS portal, reducing the chances of errors and delays. Our team ensures that your application is submitted promptly and accurately.
SRCO BD serves as your representative during the review process. We follow up with BIDA to ensure your application is being processed and respond to any additional Information requests.
Once you receive BIDA approval, SRCO BD will guide you through the necessary post-approval steps, such as opening bank accounts, registering with Bangladesh Bank, obtaining TIN, VAT registration, and securing a trade license.
With extensive knowledge of Bangladesh’s environment and experience in dealing with BIDA, SRCO BD ensures that your investment process is as smooth as possible. We stay updated with any regulatory changes, ensuring that your investment complies with all laws.
Getting BIDA approval is a critical first step for foreign investors looking to establish a presence in Bangladesh. While the process may seem daunting, it can be completed smoothly with the proper Preparation and guidance. SRCO BD provides professional services to help you navigate the entire process, from application submission to post-approval compliance.
If you’re looking to start a business in Bangladesh, SRCO BD is your trusted partner for BIDA approval assistance. Contact us today to get started on your investment journey!
BIDA (Bangladesh Investment Development Authority) is the government agency that approves foreign investments and office registrations in Bangladesh.
Foreign companies planning to open a liaison office, branch office, or subsidiary in Bangladesh must get BIDA approval.
Usually 15–30 working days, depending on document accuracy and response times.
The standard fee is BDT 25,000 for liaison office registration.
Yes. SRCO BD offers full support—from document preparation and online submission to post-approval compliance.
You’ll need to:
Yes, typically after 3 years. Renewal requires updated documents and activity reports.
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