Branch registration
MISA registration and the branch CR, under the parent's registered name.
Bangladesh
Saudi branch office
A Saudi branch of your Bangladeshi company, for one contract in your own name
A branch is your Bangladeshi company itself operating in Saudi Arabia. It suits a construction, engineering or IT firm delivering a Saudi contract it has won. Because the parent answers for the branch, Saudi officials review the full RJSC file.
- Trades under your Bangladeshi name
- RJSC file prepared
- Fixed fee in writing
The short answerA Bangladeshi company opens a Saudi branch by filing its e-apostilled RJSC documents with MISA and the Ministry of Commerce, then appointing a branch manager and receiving a branch CR. The branch only carries on what the parent's memorandum allows, and the parent is liable for its debts. MISA's Investor Guide (13th edition) asks a foreign company for its commercial register and its financial statements for the last fiscal year.
The parent file
What a Bangladeshi parent company sends
A Bangladeshi parent opening a Saudi branch sends its full RJSC file, because the branch is the parent company itself, not a new Saudi entity. Each paper is apostilled online first; the e-Apostille for Bangladeshi papers explains which need a notary.
Certificate of incorporationFrom RJSC
MoA and AoAThe objects must cover the Saudi contract
Audited financial statementsLatest financial year
Board resolutionApproving the Saudi branch and naming its manager
Trade licence and e-TINCurrent
Power of attorneyNotarised and e-apostilled
Branch or LLC?
Branch or LLC for a Bangladeshi company
A Bangladeshi company uses a branch to deliver its own Saudi contract and an LLC to build a lasting Saudi business; a branch leaves the parent liable for every debt. We often recommend a Saudi LLC owned from Bangladesh instead.
| Question | Branch | Saudi LLC |
|---|---|---|
| Legal status | Part of the Bangladeshi company | A separate Saudi company |
| Liability | The Bangladeshi parent | Only the LLC, up to its capital |
| Papers | The full parent file | Shareholder papers |
| Suits | The parent's own Saudi contract | A lasting Saudi business |
Official figures
Rules a Bangladeshi branch file runs on
A Saudi branch of a Bangladeshi company is registered with MISA first and taxed on its Saudi profit, and the 2011 treaty between the two countries decides how Bangladesh treats that profit.
10 working daysMISA's estimate for a complete registration fileMISA Investor Guide (13th ed.)
Last fiscal yearFinancial statements MISA asks a foreign parent forMISA Investor Guide (13th ed.)
20%Saudi income tax on the branch's Saudi profitZATCA and VAT guide
4 Jan 2011Bangladesh–Saudi tax treaty signed; in forceZATCA treaty page
Branch services
Branch services for Bangladeshi companies
Branch work for a Bangladeshi firm covers registration and the branch manager first, then ZATCA and work visas for the team delivering the contract.
Branch manager
Named by your board and sponsored for an Iqama.
Branch tax
ZATCA registration; Saudi profit taxed in Saudi Arabia.
Project staff
Work visas, GOSI and Qiwa for the people delivering the work.
The route
Registering a Saudi branch from Bangladesh
A Saudi branch of a Bangladeshi company is registered in four steps, and the e-Apostille keeps the parent file away from the Saudi embassy in Dhaka. The branch office registration guide covers the same Saudi steps for parents from other countries.
- 1BangladeshStructure checkBranch or LLC, decided in writing.
- 2BangladeshParent file e-apostilledRJSC papers, accounts, resolution.
- 3Saudi ArabiaBranch registeredMISA, then the branch Commercial Registration in your company's name.
- 4Saudi ArabiaReady to deliverTax number, employer files and a branch bank account.
Branch questions
Saudi branches for Bangladeshi companies: your questions
Is the Bangladeshi parent liable for the branch?
The Bangladeshi parent is liable: legally the branch and the parent are one company, so the parent answers for the branch's debts.
Can the branch take on new activities?
No. It only carries on what the parent's memorandum allows.
Does a branch need Bangladesh Bank approval?
Funding a Saudi branch from Bangladesh is an outward remittance, so talk to your bank's foreign exchange desk before the Saudi filing.
How is the branch taxed?
Saudi Arabia taxes the branch's Saudi profit at 20%; the Bangladesh–Saudi tax treaty, listed by NBR, helps avoid full double tax.
Who manages the branch?
A manager your board appoints. The manager can be Bangladeshi and is sponsored for an Iqama.
What does the branch manager need to provide?
A passport and the board resolution appointing them; the work visa and Iqama follow once the branch is registered.
All 8 divisions
Branches for companies across Bangladesh
Wherever your head office is registered, the parent file comes from RJSC and is e-apostilled online. The Bangladesh company formation guide shows where the branch fits in the full route.
DhakaParent file e-apostilled online
ChattogramParent file e-apostilled online
RajshahiParent file e-apostilled online
KhulnaParent file e-apostilled online
SylhetParent file e-apostilled online
BarishalParent file e-apostilled online
RangpurParent file e-apostilled online
MymensinghParent file e-apostilled online
Non-resident BangladeshisIn the Gulf, UK or Malaysia
Bangladesh desk · GMT+6
Check whether a branch fits your Saudi contract
Share the contract and your MoA objects. Within one working day we say, in writing, which structure fits.