Obtaining or renewing approval for branch/liaison and representative offices’ extension through BIDA is essential for establishing a foreign business presence in Bangladesh. BIDA, the nation’s investment authority, oversees this process, ensuring compliance with regulations and fostering international business collaborations. This endorsement facilitates global enterprises in expanding their operations and contributing to the country’s economic growth. The legal framework for this approval process includes the BIDA Act 2016, the BIDA Guideline 2023, and The Foreign Exchange Regulation Act, 1947.
Issuing authority
AuthorityBangladesh Investment Development Authority (BIDA)
Address: E-6/B, Sher-e-Bangla Nagar, Agargaon, Dhaka 1207, Bangladesh
Email: service@bida.gov.bd
Required list of all documents
- Income tax clearance certificate for the previous periods from the concerned Tax Circle.
- Letter of Bangladesh Bank regarding Article18 (B)
- Company’s board of director’s resolution for extension/renewal of office permission.
- Latest Audit report of Bangladesh Office.
- List of manpower showing designation/salary/job description/ nationality. (Local and foreign)
- Up to date Encashment certificate of inward remittance.
- A copy of the last office permission letter
- Attachment of company’s comments as per remarks (If any)
[You need to submit original copy (Hard copy) of all documents to BIDA (Commercial wing) after submitting the application]
Step by step all process
Step 1: Collect Information from BIDA Office Website: The first step for the applicant is to collect information from the BIDA office website. This involves thoroughly reviewing the available resources and understanding the requirements and procedures outlined by BIDA.
Step 2 Fill up information through Online: The applicant needs to sign up for an online account on the BIDA website. Once the account is created, the applicant fills out the required information online as specified by BIDA. This involves providing detailed and accurate information and uploading the necessary documents for review.
Step 3 Approval letter: If all the submitted documents are satisfactory, BIDA will issue an online approval letter. This indicates that the application has been reviewed and meets the necessary criteria. The applicant then obtains the approval, completing the process. This approval is essential for proceeding with the intended activities that required BIDA’s authorization.
Fee schedule
BDT 10,000.00
Official time limit
4-15 days
Actual time limit
Maximum 15 days