Are you planning to start a business in Bangladesh? 💼 According to the latest World Bank’s Ease of Doing Business report 2022, the country ranked 168th out of 190 countries in terms of ease of starting a business. 📉 The report highlights the challenges entrepreneurs face in navigating the legal and bureaucratic processes involved in starting a business in Bangladesh.(Read more here- https://rb.gy/rvlav)
Data from the report reveals that it takes an average of 22.5 days to complete all the necessary procedures to start a business in Bangladesh. This includes obtaining clearances from various government agencies, such as the Registrar of Joint Stock Companies and Firms, the Bangladesh Investment Development Authority, and the Bangladesh Bank. 📋
Additionally, the report highlights the challenges associated with registering property, getting construction permits, and accessing electricity in Bangladesh. These factors can contribute to the overall difficulty of starting and operating a business in the country. 💡
However, it is worth noting that the Bangladesh government has taken steps to improve the business environment in recent years. The government has invested in infrastructure development, such as expanding access to electricity and improving transportation networks. 🏭
How Shapla Start Can help?
Shapla Start provides one-stop business registration services, expert guidance on navigating bureaucratic processes, and access to financing and resources to help entrepreneurs overcome challenges and achieve success. Let’s beat the odds and thrive together! Visit our website today to book your free consultancy and take the first step towards success – https://start.shapla.io