- Overview: Bangladesh
- Global HR Compliance
- Global PEO and payroll
- Work permit for hiring expats via PEO
- Expand without a company set up
- Contractor vs. employee: which is better?
Global PEO and Payroll in Bangladesh
Getting your business up-and-running in Bangladesh can be challenging, especially if you do not speak the native language. Establishing your own business entity in Bangladesh is an option to be considered as you expand abroad. But before you invest valuable resources in setting up business in Bangladesh, you should be fully aware of the risks involved.
Acumen’s Global PEO and Payroll solution was designed especially for companies like yours, to smooth the way for quick, easy and risk-free business operations in Bangladesh, without having to establish a legal business entity.
Acumen International – Your Professional Employer Organization in Bangladesh
Navigating the Bangladeshi legal system and adhering to regulations governing employment and taxation can be challenging for businesses, especially if you are not a native Bangladeshi speaker. Partnering with Acumen International as a global Professional Employer organization (PEO) provides you with the local knowledge and support you need to conduct business in Bangladesh without concern for legal and compliance risks.
Whether you represent international client companies or you are taking your own business operations abroad, Acumen International’s Global PEO and payroll service allows you to hire and payroll local and expat employees in Bangladesh. With Acumen in your corner, you can quickly and easily onboard and compensate your employees without risk of legal repercussions.
International Global Payroll and Taxation in Bangladesh
Payroll Cycle in Bangladesh
Every person liable for the payment of wages shall fix wage periods in respect of such payment. No wage period shall exceed 1 month.
Non-payroll taxes in Bangladesh
Employees who have been with a company for at least one year receive two festival bonuses annually, set at or below the basic salary.
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How Acumen’s International PEO and Payroll Service can Benefit Your Business in Bangladesh
Compensating your local and expat workforce in Bangladesh and closely adhering to Bangladeshi taxation requirements can divert your attention and resources from activities that help your business grow. A reliable global employment solution like Acumen’s Global PEO and Payroll service can take a substantial burden off your shoulders so you can focus on running your company.
Outsourcing the administrative and compliance tasks involved in employee payroll is one approach, but we have a better solution. Acumen International offers a global PEO and payroll solution that goes beyond outsourcing. We hire and compensate your global workforce on your behalf, and take care of all the details of payroll while ensuring full compliance with Bangladeshi labor and taxation laws.
It is important to note that Acumen does not provide international global payroll services as a standalone solution, but only as a part of our global PEO and Payroll solution.
Our comprehensive global PEO and payroll services are just some of the benefits of partnering with Acumen International. We make it easy for you to achieve your business goals in Bangladesh by officially employing and compensating your best selected global talent – both locals and expats – without concerns for legal and compliance risks faced by global employers.
Disclaimer: Any of the above information is subject to changes imposed by Bangladeshi laws. To get the latest updates on taxation in Bangladesh and in 190 countries worldwide, contact Acumen’s team of global employment experts.