Dmitri Mihhailov
Managing Partner
Founder of Prifinance. 15+ years structuring international companies, banking and licensing for founders worldwide.
Register a company in Bangladesh, the workshop the world wears.
Set up a Bangladeshi Ltd remotely - 100% foreign ownership with no local partner, the planet's second garment industry as your supply chain, and economic zones handing manufacturers ten-year tax holidays. The machinery deserves its own sentence: repatriation runs on Bangladesh Bank paperwork, bureaucracy is real, and the taka is managed.A Bangladeshi Ltd remotely: 100% foreign ownership, the world's #2 garment ecosystem, zones with ten-year holidays. The machinery: repatriation on Bangladesh Bank paperwork, real bureaucracy, a managed taka.
27 yrs
on the international marketon the market
60+
in-house specialistsspecialists
6,000+
companies servedcompanies served
Updated
Bangladesh · at a glance
Legal formPrivate Ltd - RJSC
Time to set up3-6 weeks
Corporate tax27.5% · RMG 12%
Foreign ownership100% - most sectors
Economic zones10-year holidays
Remote setupYes - by POA
4.7
★★★★★
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Bangladesh in brief
A hundred and seventy million people, sewing for everyone.
Bangladesh clothes the world: the second-largest garment exporter on Earth, with the factories, fabric mills, accessory makers and freight lanes that decades of RMG built - an ecosystem a sourcing office or manufacturer plugs into on day one. Around it: 170 million people, growth that has compounded through every global cycle, a generics pharmaceutical industry supplying a hundred markets, and rising IT parks with their own incentives. Foreigners incorporate a Private Ltd through the RJSC with 100% ownership in most sectors - no local partner required, a regional rarity - with BIDA registration unlocking work permits and investor services.
Read the rates by sector. The standard corporate rate is 27.5%, but the rates that matter sit in the sectors: garments at 12% (10% for certified green factories), and the BEPZA/BEZA economic zones granting ten-year digressive tax holidays plus duty-free machinery - the real doorway for manufacturers. Profit repatriation works and is exercised daily, through Bangladesh Bank's papered process our accountants run rather than fight. The taka is managed and has devalued; contracts price accordingly. A political transition passed through in 2024 - the export machine kept shipping, which tells you what runs this economy. Bureaucracy rewards local hands, and ours are.
The workshop the world wears: #2 RMG exporter with the full supply chain, 170M people, compounding growth, world-scale generics pharma. Private Ltd via RJSC at 100% foreign ownership - no partner, no nominees - with BIDA unlocking permits.
27.5% headline, but the sector rates rule - RMG 12%, green 10%, zones on ten-year holidays. Repatriation works through papered channels (encashment certificates filed at funding, not at exit), the taka devalues by design, and 2024's political transition passed while exports kept shipping.
Packages & pricing
Bangladeshi company - cost & packages.
01 - PRIVATE LTD · RJSC
Company
from$2,400USD · all-in
Remote registration of a Bangladeshi Private Ltd - name clearance, incorporation, BIDA registration, tax and VAT numbers and the first year of the registered address included.
✓RJSC name clearance & incorporation✓BIDA foreign-investment registration✓TIN & VAT (BIN) numbers handled✓Registered address in Dhaka - first year✓Trade licence obtained✓Free pre-incorporation consultation
Optional add-ons: economic-zone application - scoped per case · work permits - from $700 · accounting - from $180/month · renewal - from $1,800/year.Add-ons: zone application per case · permits from $700 · accounting from $180/month · renewal from $1,800/year.
Start with Company →02 - PRIVATE LTD · RJSC
Most popularCompany + Bank Account
from$3,900USD · all-in
A working Ltd with a Bangladeshi bank account - BDT and USD balances, LC capability for trade, with the encashment paperwork done right from day one.
✓Everything in Company✓Account with EBL, City Bank, BRAC or HSBC✓Capital encashment certificates - the repatriation key✓Account application & KYC file preparation✓LC / trade-finance onboarding support✓Dedicated account manager
Start with Banking →Starting prices, fixed before we file. RJSC, BIDA and licence fees are itemised.Starting points, confirmed first. RJSC, BIDA and licence fees itemised in your quote.
What you can do
Popular uses for a Bangladeshi company.
A Private Ltd may run most businesses at 100% foreign ownership; zones and bonded facilities carry their own licences. The doors we open deliberately.100% ownership in most sectors; zones and bonded facilities carry their own licences.
Garments & textileslicensed
The world's #2 RMG base. Factories, washing, accessories and the bonded-warehouse regime.
Manufacturing in zoneslicensed
BEPZA/BEZA sites with ten-year holidays and duty-free machinery. The manufacturer's doorway.
Sourcing & buying offices
The liaison and sourcing structures every serious brand keeps in Dhaka.
Pharma & genericslicensed
A world-scale generics industry with LDC-era patent room and export reach.
IT & outsourcing
Hi-Tech park incentives and a vast young workforce coming online.
Trade & distribution
Selling into 170 million consumers as purchasing power compounds.
Garments & textileslicensed
The #2 RMG base.
Manufacturing in zoneslicensed
Ten-year holidays.
Sourcing offices
Every brand keeps one.
Pharma & genericslicensed
World-scale industry.
IT & outsourcing
Hi-Tech park incentives.
Trade & distribution
170M consumers.
Why Bangladesh
Key advantages of the jurisdiction.
✓
The RMG ecosystem
Nowhere else offers this density of apparel supply chain. It is the moat.The moat itself.
✓
100% foreign ownership
No local partner, no nominee theatre. The company is simply yours.No nominee theatre.
✓
Zone tax holidays
Ten-year digressive exemptions plus duty-free capital imports in BEPZA/BEZA sites.Ten years, digressive.
✓
Sector rates that matter
RMG at 12%, green factories at 10%. The headline 27.5% is not the exporters' rate.12% is the real number.
✓
Labour at scale
Four million garment workers' worth of trained capacity, still the region's price floor.The region's price floor.
✓
A market of 170M
The domestic story compounds quietly behind the export one.Compounding quietly.
How it compares
Bangladesh next to the sourcing shortlist.
Vietnam industrialised up the value chain at higher wages; India brings scale with its own maze; Pakistan and Cambodia compete at the price floor. Bangladesh keeps the apparel crown. Figures current as of 2026.Vietnam: up the ladder. India: scale + maze. Pakistan & Cambodia: the other floors. Bangladesh: the apparel crown. As of 2026.
| Country | Corporate tax | Ownership | Signature edge |
|---|---|---|---|
| Bangladesh | 27.5% · RMG 12% | 100% most | The RMG ecosystem |
| Vietnam | 20% | 100% licensed | Electronics ladder |
| India | 25-30% | 100% most | Scale + domestic market |
| Pakistan | 29%+ | 100% most | Textile rival |
| Cambodia | 20% | 100% | The other price floor |
BangladeshRMG crown
Corporate tax27.5% / 12%
Ownership100% most
VietnamElectronics
Corporate tax20%
Ownership100% lic.
IndiaScale
Corporate tax25-30%
Ownership100% most
PakistanTextile rival
Corporate tax29%+
Ownership100% most
CambodiaPrice floor
Corporate tax20%
Ownership100%
Requirements
What Bangladeshi law actually demands.
01
Two shareholders - A Private Ltd needs at least two. Individuals or companies, any nationality in open sectors.
02
Two directors - Any residency; work permits via BIDA for those managing on the ground.
03
Capital - No statutory minimum for most sectors. Practical amounts set by visas, banking and the business plan.
04
Registered address - A Bangladeshi seat plus the local trade licence - included in our package.
05
Encashment discipline - Capital arrives through banking channels with certificates. The paperwork that makes repatriation work later.
06
Accounts & filings - Annual audit, tax returns and VAT filings. Carried by our Dhaka accountants.
How it works
From application to a live company in weeks.
Everything runs through the RJSC, BIDA and the bank - with the encashment certificates treated as the treasure they are.RJSC, BIDA, licences and the bank in 3-6 weeks; zones and permits on their own tracks - encashment certificates filed at funding.
01Same day
Free consultation
Sector, zone-or-city and the rate map. Decided before filings.
023-7 days
Name & documents
RJSC name clearance; memorandum and articles drafted.
031-2 weeks
Incorporation
The RJSC registers the company.
041-2 weeks
BIDA & licences
Foreign-investment registration, trade licence, TIN and BIN.
051-2 weeks
Banking & encashment
Account opened; capital lands with certificates issued.
064-8 weeks
Zones & permits
Economic-zone applications and work permits. Their own calendared tracks.
Quick facts
Legal formPrivate Ltd
Shareholders2+ - any nationality
Corporate tax27.5% · RMG 12%
Zones10-year holidays
Standard timeline3-6 weeks
VAT15%
Renewal & accountingFrom $1,800/year
The encashment certificate is the document clients under-value until exit - we file it at funding, because dividends home ride on it years later.
On the ground
On the ground in Bangladesh.
Prifinance - Bangladesh
Dhaka
Dhaka, Bangladesh
01
South-Asia specialists
Your setup is run with Dhaka lawyers and accountants who file RJSC and BIDA work every week.
02
Zones negotiated
BEPZA and BEZA applications for manufacturers. Holidays and plots secured properly.
03
Repatriation that works
Encashment, audits and Bangladesh Bank filings. The paper trail built from day one.
04
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Taxation 2026
The headline is not the exporters' rate.
Standard corporate tax is 27.5% for private companies - but Bangladesh prices its priorities: garments at 12% (green-certified factories 10%), zone enterprises on ten-year digressive holidays, IT in Hi-Tech parks with their own exemptions. Dividends to non-residents carry 20% withholding before treaties; VAT runs at 15%.27.5% standard, RMG 12% (green 10%), zone holidays, dividends 20% treaty-cut, VAT 15% - the sector map is the tax plan.
Standard - 27.5%
Private companies outside the priority map. With conditions trimming for compliant filers.Outside the priority map.
RMG - 12% / 10%
The apparel rate, greener factories lower. The industry's real arithmetic.The exporters' arithmetic.
Zones - holidays
Ten years digressive in BEPZA/BEZA plus duty-free machinery imports.Plus duty-free machinery.
Dividends - 20%
To non-residents, treaty-trimmed. Repatriated on the encashment trail.On the encashment trail.
Levies in 2026
Corporate (standard)27.5%
Garments (RMG)12% · green 10%
Zone enterprises10-yr holidays
Dividends (non-res.)20% - treaty-cut
VAT15%
Renewal & accountingFrom $1,800/year
LDC graduation in 2026 shifts some trade preferences - the export math is checked per market before you build for it.
Your team
The specialists who'll handle your case.
Eugeniu Bevziuc
International Business Consultant
Guides clients from the first consultation to a working setup - companies, accounts and substance in 60+ jurisdictions.
Alex Danila
Corporate Services Specialist
Handles incorporation paperwork, KYC and bank introductions so your Bangladeshi company launches without delays.
Follow Prifinance
Active across our channels.
Watch: opening a company in Bangladesh with Prifinance
The workshop the world wears, entered with the paperwork right - company, zone, bank and encashment in one project. Full support, start to finish.
Talk to a specialist →FAQ
Bangladesh, sector by sector.
Can I open a Bangladeshi company without visiting?+
Yes - RJSC incorporation, BIDA registration and tax numbers run by power of attorney, and banks onboard with a strong file (a visit helps for trade-finance lines). Factory and zone projects naturally bring you over; we sequence filings around your travel.
How much does it cost?+
Turnkey registration starts from $2,400 including RJSC, BIDA, the trade licence and first-year address; with banking from $3,900. Zone applications and work permits are scoped per project. Renewals with accounting run from $1,800 a year.
Can foreigners really own 100%?+
Yes - in most sectors, with no local partner or nominee: a genuine regional advantage. A short restricted list (defence, certain utilities) aside, your Dhaka company is simply yours, registered with BIDA for investor services and permits.
What taxes will the company pay?+
Depends on what you are: standard private companies 27.5%; garment exporters 12% (10% green-certified); zone enterprises on ten-year digressive holidays; Hi-Tech IT with its own exemptions. Dividends out carry 20% before treaties, VAT is 15%. We map your sector's real rate first - the headline misleads.
How do the economic zones work?+
BEPZA's export processing zones and BEZA's newer economic zones offer serviced land, ten-year digressive tax holidays, duty-free capital machinery and one-stop services - the standard doorway for manufacturers. Plots are applied for and negotiated; we run that track alongside the company.
Can I get profits out?+
Yes - dividends, royalties and proceeds repatriate through Bangladesh Bank's process daily. The key is discipline from day one: capital brought through banking channels with encashment certificates, audited accounts, tax clearances. Skip the paperwork early and the exit becomes archaeology; we file it as we go.
What does LDC graduation change?+
Bangladesh graduates from least-developed-country status in late 2026, which phases some duty-free trade preferences (EU's EBA has a transition window) and standard patent rules for pharma. Exporters check the math per destination market - we run it market by market, and the RMG machine has been preparing for years.
How is banking?+
Serviceable and trade-savvy: EBL, City Bank, BRAC Bank and HSBC's Dhaka desk run BDT/USD accounts with real LC capability - this is a letters-of-credit economy and the banks are fluent. KYC on foreign owners is thorough; the encashment discipline doubles as your file.
Bangladesh or Vietnam?+
Vietnam climbed into electronics at higher wages and deeper FDI plumbing; Bangladesh holds the apparel crown at the price floor with an unmatched RMG ecosystem and 100% ownership without licensing gymnastics. Garments and labour-intensive lines: Dhaka. Electronics and China-plus-one: Vietnam. Your product decides, and quickly.
How long does it take?+
Plan three to six weeks for the company, licences and bank; zone plots and work permits add four to eight on their own tracks. The encashment certificate lands with your capital - the single document we treat as the project's treasure, because in year five it is.
Client notes
Google4.7★★★★★
Founders who wanted it done right.
Google4.7★★★★★
“As a software development crew at FewMoreTaps OÜ, we've had the pleasure of working with Prifinance on some key financial moves.First of all, navigating the world of corporate banking and finance can be a maze, but Prifinance made it feel like a walk in the park. They helped us set up a corporate bank account without the hassle of jumping on a plane or drowning in paperwork. Everything was done remotely, smoothly…”
Google
“I had their assistance in company registration and I would recommend them. They were answering all my clarification during the process and offering all their supportThank you Daniel and Irinia”
Google
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Google
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Google
“I recently had the pleasure of working with Boris.. and I must say, it was a fantastic experience. Boris went above and beyond to assist me with my residency needs. His professionalism, knowledge, and dedication truly stood out. I highly recommend working with Boris and the team!”
Google
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✓No obligation; the first consultation is free✓Sector rate-map built before you commit✓Transparent fixed fees, confirmed up front✓EN · RU speaking team