Most business owners don’t start a company to manage ledgers, reconcile bank statements or chase VAT deadlines. Yet without accurate, timely numbers, every decision becomes a guess. That is the gap Client Accounting Services (CAS) are designed to fill. This guide explains what Client Accounting Services are, what they typically include, how they differ from…
Payroll outsourcing in Bangladesh is priced per employee, per month. The price depends mostly on which service model you choose: If you are hiring in Bangladesh, payroll is rarely the hard part to decide on. The hard part is working out what it will actually cost. Provider websites quote very different numbers, some in US…
A foreign-owned company in Bangladesh opens two bank accounts, in order. First, before incorporation, a temporary account receives the share capital from abroad and produces the encashment certificate that RJSC requires. Second, after incorporation, the company opens its operating account, often by converting the temporary one, once it has its trade license and e-TIN. A…
An Employer of Record (EOR) is faster and cheaper for a small team in Bangladesh. You can usually hire within 1–2 weeks, with no company to set up or close. Your own legal entity takes 6–9 weeks to become fully operational and carries yearly audit, tax and filing duties. It becomes the better choice once…
Bangladesh allows 100% foreign ownership in most sectors. Only four activities are closed to private investors: arms, nuclear power, security printing, and forestry in reserved forests. About 20 more, including banking, insurance, telecoms and power, are open but need a no-objection certificate from the relevant ministry first. Everything else is open, and foreign investors get…
Foreign investors can repatriate 100% of their post-tax profits from Bangladesh. Dividends to non-resident shareholders need no prior approval from Bangladesh Bank. Your bank (the authorised dealer) sends the money once you show it audited accounts, the dividend resolution and proof that tax has been paid. Non-resident shareholders usually pay 20% withholding tax on dividends,…
An Employer of Record (EOR) is a Bangladeshi company that legally employs staff on your behalf. You choose the people and direct their daily work. The EOR signs the employment contracts, runs payroll, withholds tax and keeps you compliant with the Bangladesh Labour Act 2006. It lets a foreign company hire in Bangladesh in days…
Every business in Bangladesh needs a trade license from the local authority where its office is located. In Dhaka, that means Dhaka North (DNCC) or Dhaka South (DSCC) City Corporation. A newly incorporated company usually gets its trade license within 7 working days of applying. The license runs for one fiscal year (1 July to…
For most foreign investors, the first real decision when entering Bangladesh isn’t about products, pricing, or hiring — it’s about legal structure. Should you incorporate a Private Limited Company, set up a Branch Office, or open a Liaison/Representative Office? These three structures are often treated as interchangeable. They aren’t. Each has a different legal status,…
Foreign companies that want to hire employees in Bangladesh often face the same challenge: they aren’t ready to set up a local entity, but they need compliant local employment fast. Two models are commonly discussed for this — Employer of Record (EOR) and Professional Employer Organization (PEO). Understanding the difference between EOR vs PEO in…
