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Bangladesh   Opportunities   Guide   Others		Business Setup at a glance Implementing a 100% foreign-owned or joint venture industrial project in Bangladesh is a rather simplified process. The entire process is divided into 5 (five) major steps as presented the following diagram. Information Search Physical Verification Getting Structured Various types of companies in Bangladesh Incorporation Options for Foreign Investors Company Formation Procedure Establishing Place of Business Opening Liaison/Branch/Representative Office Securing Trade License Plant Setup Registering with BOI Joint Venture and 100% Foreign Investment proposal in the Private Sector Self financed local investment proposals including industries sanctioned/financed by financial institutions or commercial banks Permission for setting up joint venture industrial units with public sector corporations Obtaining Industrial Plot Registration/Approval for Foreign Loan, Suppliers’ Credit, PAYE Scheme etc. Obtaining Utility Connection Import of Spare Parts and Raw & Packaging Materials Obtaining Work Permit Registration with Factories Act Registration with Environmental Legislation Remittance of Royalty, Technical Know-How and Technical Assistance Fees Commercial Operation 1| 2| 3| 4| 5| 6| 7| 8| 9| 10| 11
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