The renewal of Branch or Liaison Representative Offices in Bangladesh is a crucial process for maintaining a sustainable international business presence. Overseen by the Bangladesh Investment Development Authority (BIDA), this renewal ensures ongoing compliance with regulatory and legal obligations. It is governed by key legal frameworks such as the BIDA Act of 2016 and the BIDA Guideline of 2023. Additionally, the process adheres to provisions outlined in the Foreign Exchange Regulation Act 1947 (Amendment 2015). By endorsing these renewals, BIDA facilitates the seamless operations of foreign enterprises, nurtures business relationships, and contributes to the growth of the Bangladeshi economy.
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
- Audited Accounts of last financial year [Original Copy of Principal Company]
- Company’s Board of Director’s resolution regarding opening of office in Bangladesh. [Original Copy]
- Proposed organogram of the office showing the posts to be occupied by both expatriates and local personnel. [Original Copy]
- Details of activities of the principal company and details of activities to be performed through the proposed branch/liaison/ representative office in Bangladesh. [Original Copy]
- Name and Nationality of the Directors/Promoters of the Principal Company. [Original Copy]
- Memorandum and Articles of Association of the Principal Company [Original Copy]
- Certificate of Incorporation [Original Copy]
- Attachment of company’s comments as per remarks [If any]
Noted:
- Documents shall have to be attested by the concern Bangladesh mission/ mission of the respective country in Bangladesh/ respective country’s apex business chamber/ local business chambers.
- After submitting the application please submit original copy (Hard copy) of all documents to BIDA (Commercial wing).
- Documents must be submitted by an authorized person of the organization, including the letter of authorization.
- Encashment certificate of inward remittance of minimum US$ 50,000.00 as initial establishment cost for branch/ liaison/ joint-venture and 100% foreign ownership company incorporation in Bangladesh (Applicable after getting permission).
- Documents shall have to translated in English properly.
[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 25000 (Pay order)
Official time limit
Maximum 15 days
Actual time limit
15 days (Depends on the Inter-ministerial Meeting)