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Tuhin & Partners

Investing from Singapore

Investing in Bangladesh from Singapore

In short

A Singapore company entering Bangladesh usually does so through a private limited company registered with the RJSC, a branch office permitted by BIDA, or by holding its Bangladeshi interest through a regional holding structure. Where a Singapore entity is the holding company for a wider group, how the Bangladeshi company is owned matters as much as how it is formed, because ownership determines what can be repatriated and on what terms.

Key takeaways

  • Where a Singapore entity holds a group's Bangladeshi interest, how that interest is owned matters as much as how it is formed.
  • Ownership and the way funds were brought in determine what can be repatriated and on what terms.
  • A regional holding structure raises questions in Bangladesh about substance and about the treaty position, both of which are settled in advance.
  • Trading through Bangladesh and investing in it are regulated differently, and many Singapore groups do both.

Tax treaty position between Bangladesh and Singapore

Whether a double taxation agreement applies to your position, and what it gives you, depends on the structure and on the agreement in force at the time. We confirm the current position against the National Board of Revenue's own list for your facts rather than stating a general rule here, because a treaty summary that has gone out of date is worse than none.

The guide chapter on double taxation agreements and foreign tax implications sets out how the regime works.

Setting up, according to BIDA

A branch, liaison, representative or project office must bring in foreign exchange equivalent to US$50,000 or more within two months of BIDA approval.
It is a deadline that starts on approval rather than on opening, and it is missed by groups who treat approval as the finish line.
A company is registered with the Registrar of Joint Stock Companies and Firms (RJSC&F) through the BIDA One Stop Service: name clearance, verification of the capital deposit, office address, documents, fees, then tax and trade registrations.
The order is fixed. Capital has to be in and evidenced before the registration completes.
The employer applies for an expatriate work permit through BIDA OSS, and must submit the application and documents including a copy of the appropriate visa within 15 days of the expatriate arriving.
Fifteen days from arrival, and the duty is the employer's rather than the individual's.

Source: Bangladesh Investment Development Authority, investment FAQ, read 3 August 2026. Rules change; check the current position before acting.

Taking money out, according to BIDA

Registered investors may repatriate invested capital, profit and dividend, and may remit royalties and franchise, technical licence, know-how and technical assistance fees.
The permission exists; what governs it in practice is how the investment was brought in and recorded.
Dividend and profit income, both final and interim, may be remitted to non-resident shareholders through an authorised dealer. A branch of a foreign company may remit post-tax profits to its head office the same way.
An authorised dealer bank is the route in both cases, and it will ask for the evidence the route requires.
A foreign national employed in Bangladesh may remit up to 80% of monthly salary, after deducting admissible expenses, savings and retirement benefits, through an authorised dealer.
It is a ceiling on the monthly figure, not on the total, and it is worth knowing before an employment package is agreed.

Source: Bangladesh Investment Development Authority, investment FAQ and incentives, read 3 August 2026. Rules change; check the current position before acting.

What Singaporean clients ask us for

Sectors we see most from Singapore

The detail, from our Bangladesh guide

The law is the same wherever the investor is from. These are the chapters that matter most on the way in, in the order they arise.

  1. 3.1. Overview of foreign direct investment (FDI) policies
  2. 3.2. Investment promotion authorities (BIDA, BEPZA, BEZA, Hi-Tech Park Authority, BSCIC)
  3. 5.1. Business Structures
  4. 5.2. Registration Requirements and Procedures
  5. 5.3. Capital Requirements and Ownership Rules
  6. 6.6 Double Taxation Agreements and Foreign Tax Implications
  7. 7.3. Foreign Exchange Controls and Repatriation of Profits
  8. 4.1. Work Visas and Entry Permits

Common questions

Can a Singapore holding company own a Bangladeshi subsidiary?

Yes. What matters is that the shareholding is properly constituted and that the funds are brought in and recorded so that dividends and capital can later be remitted. Structures that are convenient to establish and awkward to unwind are a common and avoidable problem.

Does holding through Singapore change our tax position in Bangladesh?

It can, and the answer depends on the treaty position and on the substance of the holding entity. We advise on it for the specific structure rather than in general, because a general answer here is worth very little.

We trade through Bangladesh but do not have an entity there. Do we need one?

Not for trading alone. An entity becomes necessary when the business needs to contract, employ or invoice in Bangladesh, or when its activity amounts to a presence for tax purposes. That threshold is worth checking before it is crossed.

Please note. This is general information about doing business in Bangladesh, not legal advice, and no solicitor–client relationship arises from reading it. Law, policy and treaty positions change; take advice on your own facts before acting.

Speak with TNP

Talk to us before you commit to a structure

Most of what goes wrong for a Singaporean investor in Bangladesh is decided at the entry, not later. A short conversation will tell you which route fits.

The first 15 minutes are free. We reply within one business day.

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