BIDA (Bangladesh Investment Development Authority) is a government agency in Bangladesh responsible for promoting and facilitating investment in the country. Registering with BIDA is often necessary for businesses looking to invest in or operate in Bangladesh. Here’s a step-by-step guide on how to register with BIDA:

 

**1. Understand the Registration Requirement

  • Who Should Register: Foreign and domestic investors who want to set up or expand a business in Bangladesh.
  • Benefits: Registration with BIDA can provide various benefits, including investment facilitation, policy support, and sometimes tax incentives.

**2. Prepare Necessary Documents

You will typically need the following documents to register with BIDA:

  • Company Profile: Information about the business, including its nature, size, and scope.
  • Investment Proposal: Details about the proposed investment, including financial projections and business plans.
  • Identification: For individuals, this includes passport copies; for companies, this includes corporate documents like certificates of incorporation.
  • Business Plan: A detailed plan outlining the business model, market analysis, and operational strategy.
  • Bank Statements: Proof of financial capability and investment funds.
  • Proof of Address: Documentation for the business address or place of operation.

**3. Register Online

  1. Visit the BIDA Website: Go to the BIDA official website.
  2. Create an Account: Register for an account if you don’t already have one.
  3. Fill Out the Application: Complete the online application form, providing all required information and documents.
  4. Submit Application: Review the information and submit the application through the website.

**4. Submit Hard Copies (If Required)

  • Follow Instructions: Some registrations might also require submitting physical copies of documents to the BIDA office. Check the BIDA website or contact their office for specific requirements.

**5. Track Your Application

  • Confirmation: After submission, you will receive an acknowledgment or reference number. Use this to track the status of your application.
  • Follow Up: Contact BIDA for any updates or additional requirements.

**6. Receive Approval and Certificate

  • Approval: Once your application is reviewed and approved, BIDA will issue a registration certificate or letter.
  • Use the Certificate: This certificate may be required for opening a bank account, applying for business permits, or other regulatory processes.

**7. Ongoing Compliance

  • Renewal: Some registrations might need periodic renewal. Stay informed about renewal requirements and deadlines.
  • Compliance: Ensure ongoing compliance with BIDA regulations and other relevant laws.

Additional Resources

  • BIDA Help Desk: Contact BIDA directly for assistance or clarification regarding the registration process.
  • Legal and Consultancy Services: Consider consulting with a legal or business advisory firm to ensure that your application is complete and meets all regulatory requirements.

Contact Information

  • BIDA Headquarters: Located in Dhaka, you can find contact details and office addresses on their official website.
  • Phone and Email: Contact details are also available on their website for direct inquiries.

If you need help with specific parts of the registration process or have any other questions, feel free to contact us!

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For individuals or businesses looking to engage with Segunbagicha  Consultancy it’s advisable to reach out directly to their office for a consultation. They can provide detailed information on their services, fees, and how they can assist with your specific tax or financial needs.