COUNTRY GUIDE » BANGLADESH
Bangladesh is a growing hub for business expansion in South Asia, offering a low-cost workforce and a strategic geographical location. With a population of over 170 million, it boasts a fast-growing economy and emerging market opportunities for investors.
Brief Overview
Bangladesh is a growing hub for business expansion in South Asia, offering a low-cost workforce and a strategic geographical location. With a population of over 170 million, it boasts a fast-growing economy and emerging market opportunities for investors.
Expert guidance on compliance with Bangladesh Labour Act 2006.
Seamless payroll management tailored to local tax regulations.
Efficient onboarding processes for diverse talent pools.
In-depth insights into Bangladesh’s economic and cultural dynamics.
Local Expertise
Efficient onboarding is critical in Bangladesh to ensure compliance and employee satisfaction.
Payroll management in Bangladesh requires adherence to strict laws and accurate calculations.
Bangladesh imposes various taxes on employees andemployers, managed by the National Board of Revenue (NBR).
Leave entitlements in Bangladesh are governed by labour laws to ensure employee welfare.
Termination laws in Bangladesh ensure fairness and transparency for employees and employers.
GDP growth: 6.3% in 2024(projected by IMF).
Key sectors: Textiles, agriculture, ICT, and, energy.
65% of the population is under 35 years old.
Global Reach
Assignment details with job location, job title and description, industry, monthly salary, contract duration and candidate’s information. Candidate’s information should include nationality, educational level, Updated CV and brief job description. Innovare will then provide free assessment and advice based on the Customer’s information.
No, we do not offer incorporation services in Pakistan but we can refer expert who provides such service to interested companies.
After initial assessment, the Customer to confirm on the eligibility of the candidate and sign contract with Innovare. Innovare will then proceed for onboarding preparation depending on the nationality or current visa status of the candidate. Work permit to be applied based on country’s Department of Immigration. Innovare will provide guidance.
Unfortunately, we do not have the capability to support this kind of service at the moment but we can send leads for the Customer to explore.
Innovare will provide free initial assessment for the Customer on candidate’s eligibility for Work Permit. The required documents for applying Work Permit from the candidate include:
Required documents for Thai Visa and Work Permit:
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Social security is still evolving in Bangladesh, withfew mandatory contributions.