PEO Services in Bangladesh

Our PEO Services in Bangladesh can help you make your expansion hassle-free and cost-effective, enabling you to start your Bangladesh business in days.

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Hassle-Free Expansion

Bangladesh occupies a strategic economic location. Its coastline on the Bay of Bengal opens sea routes into the Arabian Sea and East Africa, the Indian Ocean and Australasia, the Gulf of Thailand, the South China Sea and further east into Asia and the Pacific.

Bangladesh’s Gross Domestic Product of US$460 billion in 2022 ranked it 32nd in the world, with 80% of its export revenue coming from the ready-made garment sector in which it is the world’s second-largest producer after China although being challenged by Vietnam. Low wage costs are a benefit in the labour-intensive industries, and for companies entering sectors where the government is channeling Foreign Direct Investment. These include pharmaceuticals, agricultural technology, the automotive industry, bio-tech and petrochemicals.

These are among the attractions for companies planning to operate in the Bangladesh economy.

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Why Choose a PEO?

A Professional Employer Organisation (PEO) offers you a launchpad for Global Expansion. By using our PEO services in Bangladesh, there is no need to set up a legal entity, including all tax registrations and complicated paperwork. You can start doing business within days.

At Bradford Jacobs, we aimed to gain expert inside knowledge on Bangladesh payroll, taxes, labour laws, and other local regulations. Using our sources, you can start your Global Expansion hassle-free and cheaply. We can provide specific support for payroll, taxation, Human Resources, and compliance issues as you expand your operations and enforce your workforce.

If you are ready to start your global success with us, you can add new international Talent to your company within days. We have the connections and network to locate the best Talent that meet your needs and wishes on all levels. Without creating a Bangladesh subsidiary, your new employee can benefit your business in South Africa in days instead of months.

We ensure your company complies with all regulations and laws, areas to which you can incur severe penalties would you fail to adhere. Your chosen candidate is hired through our agencies in Bangladesh and remains under your control.

When expanding your business into Bangladesh, there are many opportunities to seek and explore. With us as your trusted partner, you can solely focus on these opportunities without worrying about the following:

  • Registering with the Tax Office.
  • Registering with the Social Security.
  • Setting up a bank account.
  • Creating employment contracts.
  • Applying for special expatriation status (if applicable).
  • Calculating monthly salary and producing payslips.
  • Researching available tax-free allowances.
  • Submitting wage tax returns and national insurance forms.
  • Corresponding with involved parties.
  • Annual accounts, administration, and year-end statements.
  • Creating payment schedules for wages tax, national insurance, and net wages.
  • Personal income tax returns.

Our PEO and EOR employment solutions enable you to create and maintain your mobile workforce legally and officially employed in Bangladesh without establishing a legal entity in-country. No expensive, time-consuming processes with the risk of not complying with Bangladesh laws and regulations, but an efficient, fast, and stress-free alternative to conquer new markets. You select your candidates, and we do the rest.

Benefits of Using PEO Services in Bangladesh

For Employers

As an employer, you are usually responsible for all legal aspects regarding your employees’ employment. In a new country, this process will probably take some more effort… well, it does not have to. At Bradford Jacobs, we have extensive experience with Bangladesh payroll, taxes, and other local laws and regulations.

That way, you can enjoy the following:

  • Minimal paperwork or red tape. Since you do not need to set up an entity, you can start operating in Bangladesh within days.

  • On-call service to assist with routine HR concerns such as absence management and processing expense.
  • Liaison with employees to ensure they are up to date with companies’ internal policies and handbooks.

  • A rapid solution to onboarding employees for your international expansion into Bangladesh.

  • Total control over operating budgets as all costs are detailed at the outset for full transparency.
  • Prompt 24/7 support with disciplinary or grievance issues needing an urgent response.
  • Expert guidance with employment and compliance issues.
  • Reduced accountancy and legal costs.
  • Statutory professional insurance.
Benefits of PEO services for employers

Offering You
Expert Guidance

Benefits of PEO services for employees

Keeping Your
Employees Happy

For Employees

Employees are the main core of your business. They keep the engine running; therefore, it is also important to create a stable agreement that satisfies both employer and employee. As their legal employer, we are responsible for keeping your employees happy with the work agreement. Due to our broad network and experts, we can offer employees great benefits and a reliable, compliant employment contract.

We will make sure they enjoy the following:

  • Worry-free local employment contract compliant with local regulations
  • One-to-one professional HR advice on employment-related issues
  • On-time and 100% accurate salary payment
  • Updates on tax and compliance regulations
  • Great benefits

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