Foreign companies are allowed to set up wholly-owned subsidiaries in Bangladesh. Such companies might be set up as private limited or public limited organization. Foreign equity ownership might be up to 100% in many areas including development, Information technology, and improvement . Foreign substances may procure a current Bangladeshi organization or incorporate another organization following the necessities of the Registrar of Joint Stock Companies and Firms (RJSC). Subsidiaries are permitted to transmit profits pronounced on after-tax profits.