Legal Practice

Foreign Direct Investment (FDI) & BIDA Approvals

<p>Facilitating 100% foreign-owned company setup, BIDA branch/liaison office permissions, work permits, and Bangladesh Bank dividend repatriation under FERA 1947.</p>

Scope of Legal Practice & Representation

Entering the Bangladesh market requires strategic navigation of investment promotion policies and foreign exchange regulations. ZCA LEGAL guides foreign corporations, global multinationals, and venture investors under the Foreign Private Investment (Promotion and Protection) Act 1980, BIDA Act 2016, and the Foreign Exchange Regulation Act 1947 (FERA).

Comprehensive FDI Capabilities

  • Corporate Market Entry Vehicles: Structuring 100% foreign-owned subsidiaries (Private Limited Companies), Joint Ventures with domestic partners, or BIDA-approved Foreign Branch, Liaison, and Representative Offices.
  • BIDA Permissions & One-Stop-Service (OSS): Preparing regulatory dossiers, clearing inter-ministerial scrutiny committees, and procuring statutory Letters of Permission from BIDA.
  • Foreign Exchange Approvals (Bangladesh Bank): Ensuring full compliance with Chapter XVIII of the Guidelines for Foreign Exchange Transactions (GFET), Section 18A / 18B approvals, and outward remittance permissions.
  • Capital Repatriation & Dividends: Structuring lawful repatriation of post-tax profits, dividends, technical consultancy fees, royalties, and capital redemption upon liquidation.
  • Expatriate Visas & Work Permits: Processing BIDA E-Visa recommendations, Work Permits, Ministry of Home Affairs security clearances, and resident visa extensions for foreign executives.

Seamless Global Integration

We serve as trusted local counsel to international enterprises, ensuring their capital and expatriate leadership operate with total regulatory security.

Step-by-Step Legal Procedure

1
Preliminary Consultation & Fact Assessment Evaluating client business model, relevant laws, and drafting roadmap.
2
Document Vetting & Statutory Drafting Preparing customized agreements, petitions, affidavits, and board resolutions.
3
Regulatory Filing & Hearings Submitting to RJSC / High Court / NBR / BIDA and conducting judicial hearings.
4
Certified Execution & Compliance Delivering certified licenses, court orders, and ongoing retainer support.

Required Documentation Checklist

National ID / Passport copy of directors or applicants
Registered commercial office tenancy agreement & utility bill
Trade License, e-TIN, and relevant sector permits
Draft agreements, bank return memos, or existing correspondence