Registration fees for incorporation of companies have been significantly reduced to bring down costs of starting a business
Changes to the Registration Fees
On 23rd April 2019 the Cabinet issued an Official Gazzette Notification revising the fees applicable when registering a new company in the Office of the Registrar of Joint-Stock Companies and Firms (RJSC).
|Authorised Capital (BDT)||Total Govt. Fees previously (BDT)||Total Govt. Fees Now (BDT)|
The amended fee structure will certainly be of great comfort to upcoming start-ups and small businesses for whom the incorporation costs were disproportionately burdensome. This effort by the government is likely to help Bangladesh score higher on the World Bank’s Ease of Doing Business index and furthermore help bring more businesses into the corporate structure.