How Foreign Companies Can Set Up Branch Office in Bangladesh

Why A Branch Office Should Be There

1. Get new customers: One way to boost profits is to expand your customer base. The goal of representative office registration is to reach out to new customers and create a relationship with them.

2. Economies of Sales: After representative office registration, it leads to higher production and balances, as well as lower transportation expenses per unit. Economies of scale are evident in manufacturing operations.

3. Grab a huge market: A huge market of a group of people with different cultures can be grabbed. Profit will be there for grabbing a huge number through establishing a liaison office. 

4. Tax benefits: There is no repatriation tax on profits sent abroad. The representative office is covered by the double tax treaties that a country has signed.

We may reasonably assume that every country in the world has signed at least one double tax treaty.

5. Strong control: A  branch office is a dependent type of corporation, which implies that the parent company handles all of the decision-making for it.