Services We Provide
Being one of the top consulting firms in Bangladesh, we are providing the following services to our esteem local and foreign clients.
1. Company formation for Bangladeshi Entrepreneurs
Starting a business in Bangladesh requires navigating complex regulations, from registration with the Registrar of Joint Stock Companies (RJSC) to securing tax and trade licenses. Dhaka Consulting simplifies this process for Bangladeshi entrepreneurs, offering end-to-end support to establish your business efficiently. Whether you’re launching a startup or scaling an enterprise, we ensure compliance with the Companies Act 1994, provide strategic guidance, and help you access government incentives. With our expertise, you can focus on innovation while we handle the legal and administrative complexities.
1.1 Private Limited Company
A Private Limited Company offers flexibility, limited liability, and scalability for Bangladeshi entrepreneurs. Dhaka Consulting guides you through RJSC registration, drafting the Memorandum and Articles of Association, and securing necessary approvals. We ensure compliance with Bangladesh’s legal framework, including tax registration and shareholder agreements, so your business is set up for success with minimal hassle.
1.2 Public Limited Company (PLC)
For businesses aiming to raise capital through public investment, a Public Limited Company is ideal. Dhaka Consulting streamlines the complex process of PLC formation, including compliance with the Securities and Exchange Commission (SEC) and RJSC requirements. We assist with share structuring, prospectus preparation, and regulatory filings, ensuring your PLC is ready to attract investors and operate transparently in Bangladesh’s market.
1.3 Startup Package
Startups in Bangladesh face unique challenges, from funding to compliance. Our Startup Package is tailored for new entrepreneurs, offering affordable, comprehensive support for company formation, tax registration, and initial licensing. Dhaka Consulting also provides mentorship on business planning and market entry, helping startups leverage Bangladesh’s growing economy and initiatives like Digital Bangladesh to achieve rapid growth.
2. Foreign Entity
Foreign companies entering Bangladesh must navigate stringent regulations set by the Bangladesh Investment Development Authority (BIDA). Dhaka Consulting specializes in establishing foreign entities, ensuring compliance with local laws and facilitating smooth market entry. From FDI approvals to operational setup, we provide tailored solutions for foreign investors, leveraging our experience in facilitating millions in foreign direct investment since 2015.
2.1 Liaison office
A Liaison Office is ideal for foreign companies exploring Bangladesh’s market without direct commercial activities. Dhaka Consulting handles BIDA approvals, banking formalities, and compliance with foreign exchange regulations, ensuring your Liaison Office operates seamlessly as a communication hub while adhering to Bangladesh’s legal framework.
2.2 Branch Office
For foreign companies seeking to conduct commercial activities, a Branch Office is a strategic choice. Dhaka Consulting streamlines BIDA registration, tax compliance, and operational setup, ensuring your Branch Office aligns with Bangladesh’s regulations while maximizing access to tax incentives in sectors like manufacturing or IT.
2.3 Representative office
A Representative Office allows foreign businesses to promote their products or services in Bangladesh. Dhaka Consulting manages the regulatory process, including BIDA approvals and compliance with the Foreign Exchange Regulation Act, enabling you to establish a presence efficiently while focusing on market expansion.
3. Taxation Services
Bangladesh’s tax system, governed by the National Board of Revenue (NBR), is complex, with corporate tax rates ranging from 22.5% to 45% and specific rules for expatriates. Dhaka Consulting offers expert taxation services, ensuring compliance and optimizing tax liabilities for businesses and individuals. Our team navigates double taxation treaties, VAT regulations, and local tax laws, delivering tailored strategies to minimize costs.
3.1 Individual Taxation
Expatriates and local individuals face unique tax obligations in Bangladesh, including income tax and remittance regulations. Dhaka Consulting provides personalized tax planning, leveraging double taxation agreements and exemptions to reduce liabilities. We handle filings, deductions, and compliance, ensuring peace of mind for professionals working in Bangladesh.
3.2 Corporate Taxation
Corporate taxation in Bangladesh requires meticulous planning to navigate varying rates and incentives, especially for foreign businesses. Dhaka Consulting optimizes your tax strategy, ensuring compliance with NBR requirements and maximizing benefits like tax holidays in Export Processing Zones (EPZs). Our expertise helps businesses save costs while staying audit-ready.
4. Licenses
Operating legally in Bangladesh requires various licenses, from trade to sector-specific permits. Dhaka Consulting simplifies the licensing process, ensuring compliance with local authorities and enabling businesses to operate without delays. Our expertise covers all necessary permits, tailored to your industry and operational needs.
4.1 Trade License
A Trade License is mandatory for businesses operating in Bangladesh, issued by local government bodies. Dhaka Consulting streamlines the application process, ensuring compliance with municipal regulations and timely renewals, so your business can focus on growth without bureaucratic hurdles.
4.2 IRC & ERC
Import Registration Certificate (IRC) and Export Registration Certificate (ERC) are essential for businesses engaged in international trade. Dhaka Consulting handles applications with the Chief Controller of Imports and Exports, ensuring compliance with Bangladesh’s trade regulations and enabling smooth import-export operations.
4.3 Fire License
A Fire License is critical for businesses, particularly in manufacturing and commercial sectors, to ensure safety compliance. Dhaka Consulting liaises with the Fire Service and Civil Defence authority to secure and renew your Fire License, minimizing risks and ensuring regulatory adherence.
5. Book-keeping
Accurate book-keeping is the foundation of financial transparency and compliance in Bangladesh. Dhaka Consulting provides meticulous book-keeping services, using tools like Xero for real-time, cloud-based records. We ensure your financial data is organized, audit-ready, and compliant with Bangladesh’s accounting standards, empowering you with clear insights for decision-making.
6. Payroll Services
Managing payroll in Bangladesh involves navigating complex labor laws, tax deductions, and compliance requirements. Dhaka Consulting offers comprehensive payroll services, handling salary calculations, tax withholdings, and provident fund contributions. Our solutions ensure accuracy and compliance, allowing businesses and expatriates to focus on their core operations.
7. Accounting Services
Robust accounting is critical for businesses in Bangladesh to meet regulatory standards and drive strategic growth. Dhaka Consulting delivers end-to-end accounting services, from financial reporting to compliance with International Financial Reporting Standards (IFRS). Using advanced tools, we provide real-time insights, ensuring your business remains competitive and audit-ready.
8. VAT Compliance Services
Bangladesh’s VAT system, with a standard rate of 15%, requires strict compliance to avoid penalties. Dhaka Consulting manages VAT registration, filing, and optimization, ensuring your business meets NBR requirements. Our expertise helps you navigate complex VAT regulations, saving costs and ensuring seamless operations in Bangladesh’s market.
9. Internal Audit
Internal audits strengthen your business by identifying risks and ensuring compliance with Bangladesh’s regulations. Dhaka Consulting conducts thorough internal audits, reviewing financial processes, operational efficiency, and regulatory adherence. Our actionable insights help businesses enhance controls, mitigate risks, and prepare for external audits with confidence.
10. financial audit
Financial audits are essential for transparency and compliance, particularly for businesses in Bangladesh’s regulated sectors. Dhaka Consulting provides comprehensive financial audit services, ensuring your financial statements align with IFRS and NBR standards. Our meticulous approach builds trust with stakeholders and ensures your business is ready for regulatory scrutiny.
11. Business Planning
Effective business planning is key to thriving in Bangladesh’s competitive market. Dhaka Consulting creates tailored business plans, incorporating market analysis, financial projections, and growth strategies. Whether you’re a startup or an established firm, our plans align with Bangladesh’s economic trends and regulatory landscape, setting you up for long-term success.
12. Business Model Design
A robust business model is critical for sustainable growth in Bangladesh’s dynamic economy. Dhaka Consulting designs innovative business models tailored to your industry, whether manufacturing, IT, or textiles. We integrate market insights, regulatory considerations, and scalability, ensuring your business thrives in Bangladesh’s fast-evolving market.
13. Project Planning
Successful projects require meticulous planning, from resource allocation to regulatory compliance. Dhaka Consulting provides comprehensive project planning services, ensuring alignment with your business goals and Bangladesh’s legal requirements. Our expertise helps you execute projects on time and within budget, maximizing ROI in sectors like manufacturing or infrastructure.
14. Human Resources
Effective HR management is vital for businesses in Bangladesh, where labor laws and talent acquisition can be complex. Dhaka Consulting offers end-to-end HR solutions, from recruitment to compliance with the Labor Act 2006. We help businesses build strong teams and maintain regulatory adherence, ensuring operational excellence.
14.1 Recruitment & Training
Finding and developing talent in Bangladesh requires local expertise. Dhaka Consulting handles recruitment, from sourcing candidates to conducting interviews, and designs tailored training programs to enhance skills. Our services ensure your team is equipped to drive business success in Bangladesh’s competitive market.
14.2 HR Manual Preparation
A clear HR manual ensures compliance and consistency in your organization. Dhaka Consulting creates customized HR manuals, aligning with Bangladesh’s labor laws and your business needs. Our manuals cover policies, procedures, and employee rights, fostering a compliant and productive workplace.
15. Intellectual Property
Protecting intellectual property is crucial in Bangladesh’s growing market. Dhaka Consulting provides expert IP services, ensuring your brand and innovations are safeguarded. We navigate Bangladesh’s IP laws, helping businesses secure their assets and maintain a competitive edge.
15.1 Trademark Registration
A registered trademark protects your brand in Bangladesh’s competitive market. Dhaka Consulting streamlines the trademark registration process with the Department of Patents, Designs, and Trademarks, ensuring legal protection and compliance. We help you safeguard your brand identity efficiently.
15.2 Certification of Patent
Patents protect your innovations, giving you a competitive advantage. Dhaka Consulting guides you through the patent certification process in Bangladesh, handling applications and compliance with the Patents and Designs Act. Our expertise ensures your intellectual property is secure, supporting long-term growth.
Why Choose Dhaka Consulting?
Since 2015, Dhaka Consulting has empowered Bangladeshi entrepreneurs and foreign businesses to succeed in Bangladesh’s dynamic economy. Our expert team combines local knowledge with global expertise, delivering tailored solutions that ensure compliance, efficiency, and growth. Whether you’re launching a startup, establishing a foreign entity, or optimizing taxes, we simplify complexities and drive your success.
