Is it ok to start my business in Bangladesh, or should I look elsewhere?

Ease of Doing Business in Bangladesh

One of the most important features of a country is the fluidity of doing business, as it is business which promotes economic performance. Bangladesh as we perceive, has many extra-legal barriers to business operations, which is typically solved outside of the law. The World Bank Group maintains a Doing Business study for economies, which is an essential indicator of business performance.  For an economically aware individual, with intentions in business development, this is a great highlight of the current standings of Bangladesh in an international context.

In 2015, Bangladesh stands at 173, a 3 point drop from last year, while the Distance to Frontier (DTF), which is a comparison measure across economies at a best previous time, is at 46.8%. With 10 points of measure of doing business, “Starting a business” in
Bangladesh is at 115, while “Getting Electricity” and “Enforcing contracts” ranked lowest, while on the flip side “Protecting Minority investors” ranked highest among these indicators. DTF measures say “Starting a business” is most and “Getting Electricity” is most favorable. Conditions in Dhaka are marginally favorable to Chittagong.

There are plenty of other statistics per measure, which are quite comprehensive and are great indicators for current business climate locally and as comparison measures internationally. Check out the page, if you are interested about statistical highlights about business in Bangladesh.