BIDA Registration in Bangladesh | Comprehensive Guide, Fees, Documents & Timeline

BIDA Registration in Bangladesh: The Definitive Guide

Navigate the process of obtaining Bangladesh Investment Development Authority (BIDA) Registration smoothly. Find specific document checklists for Foreign and Local Investment, current government fees, and processing timelines.

What is BIDA and Why is Registration Critical?

The Bangladesh Investment Development Authority (BIDA) is the apex government agency dedicated to promoting and facilitating domestic and foreign investment in Bangladesh. Obtaining BIDA registration is mandatory for legally operating and is the crucial first step that unlocks various government incentives and institutional support. This registration signifies that your business is recognized and compliant under Bangladeshi law.

5 Clear Steps for BIDA Registration

Step 1: Initial Preparation and Consultation

Begin by consulting with BIDA officials or an authorized agent (like LegalSeba LLP) to understand the precise requirements for your investment type (Foreign/JV vs. Local). This phase is crucial for compiling the specific documents needed for your project, including deciding if a full Project Profile is mandatory.

Step 2: Online Application and Document Submission via OSS

The application for BIDA registration must be submitted through the official BIDA One Stop Service (OSS) portal. You can access the portal here: BIDA OSS Quick Service Portal. Upload all required documents as per the detailed Document Checklist, ensuring all copies are attested and complete. Accurate online submission is key to rapid processing.

Step 3: Payment of Government Fees

Once the application is initially processed, you must pay the applicable BIDA registration fees. The fee is calculated based on the investment amount of the project. Ensure you obtain and retain the official fee payment receipt for your records.

Step 4: Scrutiny and Verification by BIDA

BIDA officials will rigorously review your entire application package, including the Project Profile, legal documents, and financial records. Be prepared to answer any follow-up queries or provide supplementary documentation within the stipulated timeline to facilitate the verification process.

Step 5: Final Approval and Receipt of BIDA Certificate

Upon successful verification and final approval, BIDA will issue the official Registration Certificate. This certificate confirms your investment registration and is a mandatory legal document for commencing operations in Bangladesh.

Your Official BIDA Document Checklist

Checklist for Foreign / Joint Venture Projects

For projects involving foreign equity, all documents must be meticulously prepared to meet international compliance standards.

  • ✓ Forwarding letter by Chairman/Managing Director
  • ✓ Application in prescribed form of BIDA
  • ✓ Certificate of Incorporation, Memorandum & Articles of Association
  • ✓ Joint Venture Agreement (duly signed, if applicable)
  • ✓ List of Shareholder/Directors with nationality details
  • ✓ Trade License (up-to-date)
  • ✓ E-TIN certificate
  • ✓ List of machineries (local and imported)
  • ✓ Land/deed agreement (rental/lease) or ownership document
  • ✓ Encashment Certificate (proof of fund remittance)
  • ✓ Project Profile (required for all foreign investment projects)
  • ✓ NOC from BSCIC (Bangladesh Small and Cottage Industries Corporation, if applicable)
  • ✓ NOC from concerned Ministry/Directorate/Department (if applicable)
  • ✓ Power Purchase Agreement (in case of power plant projects)

Key Operational Requirements: Timeline, Fees, and Project Profile

BIDA Registration Timeline

The approval process for BIDA registration generally takes:

10 - 15 Working Days

This timeline depends heavily on the completeness and accuracy of the application and required documents.

Project Profile Requirement (Crucial Distinction)

A Project Profile is a detailed feasibility report that outlines the investment plan, market analysis, and financial projections. It is a critical requirement for:

  • ● 100% Foreign/Joint Venture: Always required, irrespective of investment amount.
  • ● Local Investment: Only required if the proposed investment exceeds TK 5 crore (approx. BDT 50 million).

Government Fees Structure

The BIDA registration fee is calculated based on the scale of your proposed investment. The chart illustrates the range.

  • Registration Fee:
  • The fee ranges from BDT 5,000 to BDT 100,000, directly dependent on the magnitude of the proposed project investment.
  • Amendment Fee:
  • A fixed fee of BDT 1,000 is charged for any subsequent amendment to the certificate, plus the applicable 15% VAT.
  • Note: All government fees are subject to change based on new regulatory policies.

Regulatory Bodies & Essential Investment Resources

Successful business entry and operation in Bangladesh require coordination with various government agencies and a thorough understanding of local laws. Use these resources to navigate the post-registration environment.

Need Expert Assistance for BIDA Registration?

Navigating the document submission, Project Profile preparation, and compliance steps can be complex. LegalSeba LLP specializes in streamlining the entire BIDA registration process for both Local and Foreign Investment clients in Bangladesh.

✉ Email: [email protected] ☎ Phone: +8801753718223 📅 Book a Meeting

Frequently Asked Questions (FAQ)

You must visit the official BIDA website, create an account, complete the detailed online application form, upload the necessary document checklist items (based on your investment type), pay the required government fees, and submit. You will receive a tracking ID for status checks.

The standard processing timeline is between 10 to 15 working days following the submission of a complete and accurate application package. Any delays or requests for additional documents will extend this period.

No. For Local Investment in Bangladesh, the Project Profile is only a mandatory document if the total proposed project investment exceeds TK 5 crore. It is, however, always required for 100% Foreign and Joint Venture projects.

Yes. After successfully submitting your application and paying the fees, you will receive a tracking number or reference ID. You can use this ID to log in to your BIDA account and monitor the current status of your registration process.

This guide provides comprehensive information on BIDA registration in Bangladesh. For official guidelines, always refer to the Bangladesh Investment Development Authority website. All fees and requirements are subject to change by the government.