A sector with very different players
Technology and telecom in Bangladesh ranges from large mobile operators and tower companies to internet service providers, software exporters, IT-enabled service firms, fintech start-ups and international technology companies selling into the country. Their needs differ widely, but the questions they bring to RRH tend to fall into a few recurring areas.
This page outlines those areas. We do not publish client names or engagement results, and nothing here should be read as a description of a particular client.
Entering and operating in Bangladesh
International technology businesses often begin by testing the market through a local subsidiary, branch or liaison office, or by selling digital services from abroad. Our Business Set-up Services cover incorporation or office registration, bank accounts and the tax and VAT registrations needed to trade lawfully.
Non-resident providers of digital services may need to register for VAT in Bangladesh, which in practice requires working through an appointed VAT agent. Through our VAT and Customs Services, RRH acts as VAT agent for non-residents and manages the resulting returns and payments.
Choosing the right entry route matters. A liaison office cannot earn revenue, a branch exposes the foreign parent directly, and a subsidiary brings its own audit and filing obligations. We help businesses compare these options against their commercial plans, expected profits and the cost of compliance before committing to one.
Keeping the books in order as the business grows
Software and IT-enabled service companies, particularly those exporting services, frequently grow faster than their finance function. Tax exemptions available to qualifying ICT activities depend on conditions being met and documented, and export receipts must be brought into the country through formal banking channels.
Our Accounting and Book-keeping Services give growing technology firms reliable monthly accounts, reconciliations and reporting under IFRS, so that tax positions, investor reporting and audits rest on clean records. For businesses that need specific skills for a period, such as during an audit or system change, we can also second qualified finance staff.
Raising capital and doing deals
Start-ups and growth-stage companies raising equity, and investors considering them, need a defensible view of value and a clear picture of risks. Our Corporate Finance team supports valuations, investment appraisal and transaction structuring. Founders who prepare for investor scrutiny early, with clean cap tables, documented share issues and up-to-date statutory filings, tend to close rounds faster and on better terms.
For telecom groups considering infrastructure sales, partnerships or acquisitions, we help assess the financial, tax and regulatory implications before terms are agreed, including how licence conditions may affect the transfer of assets or customers.
Related RRH services: Business Set-up Services, VAT and Customs Services, Accounting and Book-keeping Services and Corporate Finance.