Skip to content
LEGALZONE
Business Growth

Start a Company in Bangladesh: The Right Licence Order

Name clearance, RJSC incorporation, trade licence, e-TIN, bank account and VAT — the right order, with government fees and realistic timelines.

12 Oct 20262 min readLegal Zone Corporate Desk · reviewed by Legal Zone Advisory Board

Quick answer: Name clearance → RJSC incorporation → company e-TIN → trade licence → bank account → VAT registration (if required) → trademark. With documents ready, the core steps take about 2–4 weeks.

Choosing the wrong order is the most common reason new businesses lose time in Bangladesh. A bank asks for a trade licence; the trade licence asks for the incorporation certificate; VAT asks for both. Here is the sequence our corporate desk uses.

Step 1 — Decide the structure

Structure Best for Registration
Sole proprietorship One owner, small trading or service business Trade licence only
Partnership firm 2+ partners sharing profit Partnership deed, optional RJSC registration
Private limited company Limited liability, investors, bank finance RJSC incorporation
One Person Company (OPC) One founder wanting limited liability RJSC incorporation

Step 2 — RJSC name clearance (1–2 days)

Search and reserve the name on the RJSC portal. The government fee is Tk 500 per proposed name (time extension Tk 200), and the clearance is valid for 30 days.

Step 3 — Incorporation (2–7 working days)

Prepare the Memorandum and Articles of Association and Forms I, VI, IX, X and XII. For a private company with authorised capital up to Tk 10 lakh, RJSC's published charges are about Tk 1,000 (Memorandum stamp) + Tk 2,000 (Articles stamp) + Tk 1,200 (filing), with no capital fee on the first Tk 10 lakh, plus VAT and bank charges. Details are in our company registration guide.

Tip: don't set authorised capital higher than you need — the Articles stamp and capital fee rise with it.

Step 4 — Company e-TIN (same day)

The e-TIN is free on the NBR portal. Every director must also hold an e-TIN and file a return every year, even if the company earns nothing in year one. See e-TIN & income tax.

Step 5 — Trade licence (3–7 working days)

Apply to the city corporation, pourashava or union parishad for your office address. The fee depends on your business category and paid-up capital, and you renew every year by 30 September. See the trade licence guide.

Step 6 — Bank account

Banks typically ask for the incorporation documents, board resolution, trade licence, e-TIN and directors' NIDs.

Step 7 — VAT registration (1–3 working days)

Importers, exporters and tender participants must register for VAT regardless of turnover; others depend on turnover. BIN registration is free. See VAT registration.

Step 8 — Protect your brand

File a trademark with DPDT early — before you spend on signage and packaging. See trademark registration.

Budget checklist

  • Government fees: listed above, with verification dates on each service page
  • Stamp duty, notarisation and bank charges
  • Professional fee (quoted in writing by Legal Zone)
  • Office rent agreement on non-judicial stamp

Ready to start? Send us your business details and we'll return a complete roadmap within one working day.

FAQ

What is the first step to open a private limited company?

Apply for name clearance with RJSC. It is valid for 30 days, and incorporation must be completed in that window.

Should I get the trade licence before or after RJSC registration?

For a company, register with RJSC first so the trade licence is issued in the company's name, using the Certificate of Incorporation.

How long does the whole process take?

With complete documents, most clients go from name clearance to a working bank account and trade licence in about 2–4 weeks.

Sources

This article is general information, not legal advice for your specific case. Rules and fees change — talk to a consultant before acting.

Services mentioned in this article

Start a Business

Company Registration (RJSC)

কোম্পানি নিবন্ধন (আরজেএসসি)

Incorporate a private limited company, one person company (OPC), public company, partnership firm, society or foreign branch with the Registrar of Joint Stock Companies and Firms (RJSC). Starts with name clearance and ends with your Certificate of Incorporation.

⏱ usually 1–2 working days

Start a Business

Trade Licence (Business Licence)

ট্রেড লাইসেন্স

The basic permission every business in Bangladesh needs to operate from a premises. Issued by the City Corporation, Pourashava or Union Parishad where your business sits, renewed every financial year (July–June).

⏱ Usually 3–7 working days

Tax & VAT

e-TIN & Income Tax Return

ই-টিআইএন ও আয়কর রিটার্ন

Your Taxpayer Identification Number (e-TIN) is free and issued online by the National Board of Revenue. With it you file an annual income tax return under the Income Tax Act 2023 — individuals, firms and companies alike.

⏱ instant online when NID data matches

Tax & VAT

VAT Registration (BIN)

ভ্যাট নিবন্ধন (বিআইএন)

A 13-digit Business Identification Number (BIN) from NBR's online VAT system. Depending on turnover and activity you take full VAT registration or turnover-tax enlistment, then file a monthly return (Mushak 9.1).

⏱ Usually 1–3 working days online when the information matches NID and trade licence records

Intellectual Property

Trademark Registration

ট্রেডমার্ক নিবন্ধন

Protect your brand name, logo or slogan with the Department of Patents, Designs and Trademarks (DPDT). Registration gives you the exclusive right to use the mark for your chosen classes of goods or services across Bangladesh.

⏱ Typically 12–24 months from filing to certificate

Keep reading

Turn insight into action

Our consultants can apply this to your business this week.