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Bangladeshi taka (৳, BDT)



Bengali, Tibeto-Burman, English



Bangladesh is an emerging economy in South Asia. It has an impressive track record of economic growth and poverty reduction. In recent years, the Government of Bangladesh focuses heavily on the development in the country’s infrastructure sector, especially in power, ports and mass communication. In addition, with the rich culture and outsized textile and garment industries in Bangladesh, as well as the rise in private consumption and investment, Bangladesh nation’s economy can be expected to grow by leaps and bounds in the near future.

How to build a team in Bangladesh

Employers need to follow the strict employment guidelines set forth by the local authorities before they could employ in Bangladesh. This process can be time-consuming as the company first needs a legal entity in the country and it needs to manage payroll, tax, benefits and compliance.

Global payroll solutions make it easy to find and hire top talent in Bangladesh. With one seamless integration and local legal entity, we take care of the compliance matters so that you can start your globelizing plan immediately.

Compliance risk

Risk of misclassification

Bangladesh’s worker classification labour and tax laws distinguish between contractors and full timers. If the individual meets the legal definition of an employee but is classified as a contractor, your company will face penalties.

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