Author: SRCO Business Insights | June 30, 2025
Starting a business is exciting, but in Bangladesh, the process can be complex—especially for first-time entrepreneurs and foreign investors. Navigating through government paperwork, legal compliance, tax registration, and banking requirements requires local knowledge, strategic planning, and attention to detail.
This is where a business setup consultant in Bangladesh plays a crucial role. With professional guidance, you can minimize the time, cost, and risk associated with launching your business while ensuring full compliance with all relevant regulatory bodies, including the RJSC, NBR, City Corporations, and the Bangladesh Bank.
Who Needs a Business Setup Consultant?
- Startups and SMEs looking for legal setup and tax registration
- Foreign investors planning to establish liaison, branch, or subsidiary offices
- Local entrepreneurs interested in expanding into new sectors or locations
- Freelancers and digital businesses going formal
- Partnership firms and joint ventures needing structured legal support
If you’re you’re unsure where to start, a business consultant ensures that your company’s structure aligns with your goals and local laws.
Key Services Offered by a Business Setup Consultant
At SRCO, we offer comprehensive company setup solutions tailored to your business type and industry. Our core services include:
✅ Company Formation & RJSC Registration
- Name clearance from RJSC
- Preparation of Memorandum & Articles of Association
- Digital certificate of incorporation
- Business identity documentation
✅ Trade License & Other Local Permits
- Trade license from City Corporation
- Environmental clearance (if required)
- Fire license, import/export registration (IRC/ERC), and more
✅ Tax & Regulatory Compliance
- TIN (Tax Identification Number) registration
- VAT registration and BIN issuance from NBR
- Monthly and annual tax return assistance
- Withholding tax (TDS) compliance
✅ Business Bank Account Setup
- Assistance with local and foreign currency accounts
- Liaison with banks for KYC, compliance, and online banking setup
✅ Visa & Work Permit Support
- For foreign entrepreneurs and employees
- Application and renewal services for investor visas, work permits, and other related documents.
✅ Strategic Business Advisory
- Business plan and market entry support
- Feasibility reports and legal risk assessment
- Industry-specific compliance consultancy
Key Advantages of Working with SRCO
- Local Knowledge, Global Standards
- Our consultants combine local insight with international best practices, ensuring seamless integration for both foreign companies and startups.
- Customized Approach
- We assess your business model, industry, and expansion goals to recommend the most suitable legal structure—whether it’s a proprietorship, private limited company, or liaison office.
- Time & Cost Efficiency
- We take care of the legwork—saving you time, avoiding mistakes, and accelerating your time to market.
- Transparent Pricing
- There are no hidden charges. We provide clear quotations and itemized service breakdowns from the start.
- End-to-End Support
- From setup to post-incorporation compliance (like tax filing and annual returns), we stand by your side every step of the way.
Popular Business Structures in Bangladesh
Sole Proprietorship: Freelancers, micro-businesses Easy to register, limited scalability.
Partnership Firm: Small businesses with 2+ owners Need a partnership deed
Private Limited Company: Startups, scalable businesses Most popular, requires RJSC registration
One Person Company (OPC): Solo entrepreneurs who want limited liability New structure, one shareholder only
Liaison Office: Foreign companies without local income NOC from BIDA are required
Branch Office: Foreign companies with Bangladesh operations Approval from BIDA, Bangladesh Bank
How Long Does It Take to Set Up a Business in Bangladesh?
Name Clearance (RJSC): 1–2 working days
Company Incorporation: 5–7 working days
Trade License: 3–5 working days
TIN/VAT Registration: 2–3 working days
Bank Account Opening: 2–5 working days
BIDA/Bangladesh Bank Approvals (for foreign entities): 3–4 weeks
Total duration may vary depending on the complexity of your business.
SRCO: Your Business Launch Partner in Bangladesh
At SRCO, we don’t just help you register a company—we help you build a compliant, sustainable, and growth-ready business. Whether you’re a local entrepreneur or an international investor, we make your business setup process smooth, stress-free, and fully aligned with the legal framework of Bangladesh.
📩 Get in touch today to speak to a consultant and get a personalized roadmap for your business launch.
Final Thoughts
Starting a business in Bangladesh presents great opportunities—but only if you do it right. Partnering with a reliable business setup consultant in Bangladesh provides a significant advantage, streamlines the process, and establishes a solid foundation for long-term success.
👉 Let SRCO help you make it happen—fast, legally, and confidently.
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