7.2. Opening a Corporate Bank Account

Establishing a corporate bank account in Bangladesh requires several key documents: a certificate of incorporation, a valid trade license, a board resolution authorizing the account opening, national ID or passport copies of owners and shareholders, a 12-digit e-TIN certificate, personal information forms and photo IDs for proprietors, directors, and signatories, the Memorandum of Association, updated Forms X and XII, a power of attorney, and recent utility bills as proof of address. While these requirements may vary depending on the legal entity type, maintaining compliance with Bangladeshi laws and regulations is essential for seamless business operations. Consulting a law firm experienced in local regulations can facilitate the process.