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Showing posts with label new business procedure. Show all posts
Showing posts with label new business procedure. Show all posts

Saturday, December 24, 2011

How to start a new business in Bangladesh

A new business investor has to follow some standard procedures while starting a business in Bangladesh. It starts with registering the company name at the Office of the Registrar of Joint Stock Companies & Firms. The office is located at TCB Bhaban (6th Floor), 1, Kawran Bazar, Dhaka-1215. This Office accords registration of Companies, Associations and Partnership Firms under the Companies Act, other related acts, rules, orders and ensures lawful administration of them. Both private limited companies and the private limited companies has there own rules. The new entities should also obtain trade license from the city corporation where it is located. Depending on the type of the business it may also have to obtain license or certificate from BSTI, BRTA, etc.