Jurisdiction · high risk · counsel priority 5
Bangladesh
Bangladesh Bank crypto prohibition forces offshore-to-offshore flows; Singapore-bank fiat-to-fiat wires required for local partner; Land Reform Ordinance 1984 limits foreign-entity holding
Property mapping
99-year registered lease + restrictive covenants · Transfer of Property Act 1882; Registration Act 1908; State Acquisition and Tenancy Act 1950
Recording office
Sub-Registrar offices under Registration Act 1908
- Dhaka counsel drafts 99-year lease with restrictive covenants
- Mutation through Assistant Commissioner (Land)
- Jamabandi update
- CS-SA-RS-BS reconciliation
- Title verification (multi-system)
Corporate wrapper options
- Marshall Islands DAO LLC + Bangladesh local NGO partner
- Singapore VCC + local NGO partner (preferred)
Charitable structure
Local NGO under Society Registration Act 1860 or Trust Act 1882; NGOAB clearance required
Income-tax deductibility
Limited; Income Tax Ordinance 1984; charitable-exemption framework constrained
Crypto regulation
Bangladesh Bank prohibits crypto transactions; 2017 BB notice and subsequent enforcement; FERA 1947 + MLPA 2012 apply
Indigenous considerations
CHT communities (Chakma, Marma, Tripura); 1997 Peace Accord; CHT Land Disputes Commission; Hill District Councils + traditional Raja/Headman/Karbari authorities
Risks
- BB crypto enforcement extends to local partner (high) — BFIU may characterize USD wires as crypto facilitation
- CHT Land Disputes Commission invalidates CLB (high) — Community tenure may be voided by competing customary claim
- Land Reform Ordinance restrictions (moderate) — Foreign LLCs may not directly hold lease
- Climate vulnerability (high) — Cyclone/sea-level/salinization create concentrated geographic reversal risk
- Political volatility (moderate) — Recent transitions; uncertain regulatory direction