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COUNTRY GUIDE » BANGLADESH 

Expand into Bangladesh with Innovare

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

Innovare 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.

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

Country-Specific Solutions

Onboarding

Efficient onboarding is critical in Bangladesh to ensure compliance and employee satisfaction.

Payroll Services

Payroll management in Bangladesh requires adherence to strict laws and accurate calculations.

Taxes

Bangladesh imposes various taxes on employees andemployers, managed by the National Board of Revenue (NBR).

Leave

Leave entitlements in Bangladesh are governed by labour laws to ensure employee welfare.

Social Security Management

Social security is still evolving in Bangladesh, withfew mandatory contributions.

Termination

Termination laws in Bangladesh ensure fairness and transparency for employees and employers.

Bangladesh Market
Insight

GDP Growth

GDP growth: 6.3% in 2024(projected by IMF).

Key Sectors

Key sectors: Textiles, agriculture, ICT, and, energy.

Young Workforce

65% of the population is under 35 years old.

Global Reach

Comprehensive Solutions, Tailored for You

Swiper Example

FAQ

You've got questions, and we have the answers.

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.

  1. 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:

    1. Passport copy
    2. Passport-size photo
    3. Education Certificate – Must be in English, otherwise it must be translated by any official translation company with company stamp at home country. Must be certified/notarised by a Commissioner of Oath/Justice of Peace (JP) or a Notary Public in home country
    4. Updated resume
    5. Detailed Job and Description

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