Bangladesh stands as a rapidly emerging tech hub with a projected IT industry worth $5 billion by 2025, up from around $1.4 billion currently, making it an attractive destination for global talent acquisition. The country boasts over 4,500 tech companies and 750,000 professionals, creating 200,000 new IT jobs by 2024, with over 2 million job opportunities expected in the IT sector. Additionally, Bangladesh's ICT market is projected to grow from USD 8.00 billion in 2024 to USD 20.00 billion by 2032, representing a CAGR of 12.1%. Employer of Record (EOR) services enable companies to legally hire employees in Bangladesh without establishing a local entity, handling payroll, compliance, and employment administration.
Key industries driving growth include software development, data analytics, AI/ML, cybersecurity, and fintech. Notably, Bangladesh's mobile financial services sector reached Tk 17.37 lakh crore in total transaction value in 2024, representing a 28.42% increase from the previous year. However, hiring in Bangladesh presents challenges including the Bangladesh Labor Act of 2006 (amended) and Bangladesh Labor Rules of 2015, which govern employment contracts that must comprise all benefits, rights, privileges, compensations, working hours, job responsibilities, salary, and termination policies. Companies must navigate minimum wage requirements, work hour limitations, paid leave entitlements, safe work environments, and union rights, plus mandatory benefits including festival bonuses and various leave entitlements. EOR services simplify these complexities by managing local payroll in Bangladeshi Taka, ensuring tax compliance, handling employment contracts, and maintaining adherence to evolving labor regulations. This comprehensive comparison evaluates 8 EOR providers based on pricing, compliance expertise, onboarding speed, and customer support quality.
Why Use an Employer of Record in Bangladesh?
Bangladesh presents compelling opportunities for global businesses seeking skilled tech talent at competitive costs. Software engineers can expect salaries around $41,465/year, with specialized roles like DevOps Engineers and AI Developers earning significantly higher. The government's "Digital Bangladesh" initiative has turbo-charged the digitization process, with companies going all-in on tech like AI, cybersecurity, and cloud computing. Additionally, Bangladesh has emerged as the world's second-largest freelancing nation, with over 650,000 active freelancers generating more than $500 million annually in foreign exchange.
The country offers a large English-speaking workforce, making it ideal for international collaboration. The cheap labor market with a comparatively low salary structure encourages global employers to hire employees from Bangladesh. Additionally, with over 4,500 tech companies, the future is bright for tech professionals in Bangladesh, creating abundant opportunities for businesses to tap into this growing talent pool while benefiting from favorable economic conditions.
Our Picks for the 8 Best EOR Companies in Bangladesh
Borderless AI
Borderless AI represents the next generation of EOR services, combining artificial intelligence with comprehensive employment solutions. As the world's first AI-native Employer of Record platform, it automates complex HR processes while maintaining full compliance across 170+ countries including Bangladesh.
Why Use Borderless AI for EOR in Bangladesh
Borderless AI excels in Bangladesh through AI-powered contract generation, real-time compliance monitoring, and fastest-in-industry payroll processing. Their Big-4 partnership ensures adherence to Bangladesh's complex labor regulations while delivering unprecedented speed.
Key Benefits and Features:
- AI-powered platform built with AI at the core, featuring faster onboarding and dynamic compliance with powerful agents like HRGPT and Contract Generator
- Industry-leading 5-day global payroll processing
- No upfront costs or salary pre-funding requirements
- No large deposit requirements for payroll, providing financial flexibility and allowing resource allocation where needed most
- Dedicated 24/7 support team based in North America
Price: $579/employee/month
Country Coverage: 170+ countries
G2 Rating: 4.9/5
Free Trial: Demo
Legal & Compliance: Big-4 partner, real-time alerts
Onboarding Speed: 1-2 days; AI-guided, compliant in minutes
Platform Experience: Modern, mobile-ready platform
Customer Support: 24/7 support, highly rated
Pros & Cons:
Horizon
Horizon provides comprehensive EOR services with a focus on maintaining business control while ensuring full compliance. The platform offers traditional service-driven approach with dedicated account management support for businesses expanding into Bangladesh.
Why Use Horizon for EOR in Bangladesh
Horizon specializes in Bangladesh labor law compliance with dedicated account managers who understand local regulations. Their service-driven approach ensures businesses maintain daily operational control while achieving full legal compliance.
Key Benefits and Features:
- HR, payroll, tax, and benefits administration
- Business maintains daily operational control
- Dedicated account managers for personalized service
- Regional support with local expertise
- Compliance with Bangladesh labor laws
Price: From $299/mo
Country Coverage: 180+
G2 Rating: 4.6/5
Free Trial: No
Legal & Compliance: Ensures compliance with Bangladesh labor laws
Onboarding Speed: 2-7
Platform Experience: Straightforward, less automated, more service-driven
Customer Support: Regional support, dedicated account managers
Pros & Cons:
Gloroots
Gloroots positions itself as an affordable EOR solution with transparent pricing and modern technology. The platform emphasizes cost-effectiveness while providing comprehensive HR support and real-time expense tracking capabilities.
Why Use Gloroots for EOR in Bangladesh
Gloroots offers transparent, affordable costs with real-time workforce expense tracking, making it ideal for cost-conscious businesses. Their modern dashboard provides clear visibility into Bangladesh operations while maintaining full compliance.
Key Benefits and Features:
- Affordable and transparent cost structure
- Real-time workforce expense tracking
- Comprehensive HR support and benefits management
- Modern dashboard interface
- Global support network
Price: $299/emp/mo
Country Coverage: 140+ countries
G2 Rating: 4.8/5
Free Trial: Demo
Legal & Compliance: Ensures compliance with local laws
Onboarding Speed: a week
Platform Experience: Modern dashboard
Customer Support: Global support
Pros & Cons:
Mercans
Mercans offers comprehensive payroll, PEO, and HR solutions with a focus on businesses operating in Bangladesh. The platform combines SaaS technology with both local and global support to ensure seamless operations.
Why Use Mercans for EOR in Bangladesh
Mercans provides comprehensive PEO and HR solutions specifically designed for Bangladesh operations, combining local expertise with global reach. Their SaaS payroll portal streamlines administrative processes while ensuring regulatory compliance.
Key Benefits and Features:
- Comprehensive payroll, PEO, and HR solutions
- Specialized focus on businesses in Bangladesh
- SaaS-based payroll portal
- Custom pricing for tailored solutions
- Local and global support combination
Price: Custom
Country Coverage: 160+ countries
G2 Rating: 4.8/5
Free Trial: Demo
Legal & Compliance: Ensures compliance with local laws and regulations
Onboarding Speed: 1-2 weeks
Platform Experience: SaaS payroll portal
Customer Support: Local + global support
Pros & Cons:
Bradford Jacobs
Bradford Jacobs specializes in helping businesses expand and manage their workforce in Bangladesh through comprehensive EOR services. The company focuses on navigating complex local laws with dedicated management support.
Why Use Bradford Jacobs for EOR in Bangladesh
Bradford Jacobs excels in navigating Bangladesh's complex employment laws with dedicated managers who provide personalized guidance. Their business-focused UX ensures smooth operations while maintaining full legal compliance throughout the expansion process.
Key Benefits and Features:
- EOR services for workforce expansion in Bangladesh
- Dedicated management support
- Navigation of complex local laws
- Business-focused user experience
- Custom solutions for specific needs
Price: Custom
Country Coverage: 120+
G2 Rating: N/A
Free Trial: Demo
Legal & Compliance: Assists with navigating complex laws in Bangladesh
Onboarding Speed: 1-2 weeks
Platform Experience: Business-focused UX
Customer Support: Dedicated managers
Pros & Cons:
Remote People
Remote People offers specialized EOR services for Bangladesh, including local currency payroll processing and comprehensive compliance management. The platform provides user-friendly HR task management with dedicated support throughout the employment lifecycle.
Why Use Remote People for EOR in Bangladesh
Remote People specializes in Bangladesh operations with payroll processing in local currency (BDT) and comprehensive tax compliance. Their user-friendly platform simplifies HR task management while providing dedicated support for seamless onboarding and ongoing operations.
Key Benefits and Features:
- Onboarding and payroll in Bangladeshi Taka (BDT)
- Tax compliance and benefits administration
- User-friendly platform for HR task management
- Employee data management capabilities
- Dedicated support for onboarding and ongoing needs
Price: Custom
Country Coverage: 150+
G2 Rating: 5/5
Free Trial: Demo
Legal & Compliance: Compliance with local labor laws and tax regulations
Onboarding Speed: Typically within 7 working days
Platform Experience: Offers a user-friendly platform for managing HR tasks and employee data
Customer Support: Provides dedicated support for onboarding and ongoing HR needs
Pros & Cons:
Talent Centric
Talent Centric provides tailored HR solutions with a specific focus on Bangladesh market needs. The company emphasizes client-specific customization and comprehensive support for HR and compliance-related challenges.
Why Use Talent Centric for EOR in Bangladesh
Talent Centric offers tailored HR solutions specifically designed for Bangladesh market requirements with comprehensive compliance support. Their client-focused approach ensures customized solutions that address unique business needs while maintaining full regulatory adherence.
Key Benefits and Features:
- Tailored HR solutions for efficient workforce management
- Focus on client-specific needs and customization
- Bangladesh market specialization
- Comprehensive HR and compliance support
- Local labor law compliance expertise
Price: Custom
Country Coverage: Bangladesh
G2 Rating: N/A
Free Trial: Demo
Legal & Compliance: Provides local labor law compliance
Onboarding Speed: N/A
Platform Experience: Provides tailored HR solutions with a focus on client-specific needs
Customer Support: Offers comprehensive support for HR and compliance-related queries
Pros & Cons:
Payroll Bangladesh
Payroll Bangladesh provides comprehensive EOR services specifically designed for the Bangladesh market. The platform offers end-to-end solutions including talent management, interview scheduling, and complete payroll administration.
Why Use Payroll Bangladesh for EOR in Bangladesh
Payroll Bangladesh specializes exclusively in Bangladesh's complicated employment legislation, providing comprehensive services from talent management to taxation. Their local expertise ensures full compliance with evolving regulations while offering complete payroll and HR support.
Key Benefits and Features:
- Comprehensive talent management and interview scheduling
- Complete employee onboarding process
- Full payroll, compliance, and taxation services
- Specialization in complicated employment legislation
- Complete suite of services for Bangladesh operations
Price: Custom
Country Coverage: Bangladesh
G2 Rating: N/A
Free Trial: No
Legal & Compliance: Specializes in providing remote staffing services due to complicated employment legislation
Onboarding Speed: N/A
Platform Experience: Provides a comprehensive suite of services for businesses operating in Bangladesh
Customer Support: Offers dedicated support for payroll and HR-related inquiries
Pros & Cons:
Selection Criteria and Methodology
Our evaluation of EOR companies in Bangladesh was conducted using rigorous, data-driven criteria to ensure objective analysis:
- Price: Evaluated pricing transparency, cost-effectiveness, and value proposition. We compared fixed monthly rates ($299-$579) against custom pricing models, considering additional costs like deposits and setup fees.
- Country Coverage: Assessed global reach and expansion capabilities. Coverage ranged from Bangladesh-only providers to platforms supporting 170+ countries, indicating scalability potential.
- Key Features: Analyzed core capabilities including AI automation, payroll processing, compliance management, and platform technology. Features were evaluated for innovation, efficiency, and competitive advantage.
- G2 Rating: Incorporated verified user reviews ranging from 4.6/5 to 5/5, with some providers lacking ratings. These scores reflect real customer experiences and satisfaction levels.
- Legal & Compliance: Examined expertise in Bangladesh labor law, regulatory compliance mechanisms, and partnership with legal authorities. Critical for mitigating employment risks.
- Onboarding Speed: Compared implementation timelines from 1-2 days to 1-2 weeks. Speed directly impacts time-to-productivity and business agility.
- Platform Experience: Evaluated user interface quality, automation levels, and technological sophistication. Assessed modern vs traditional approaches and mobile readiness.
- Customer Support: Analyzed support quality, availability (24/7 vs business hours), and geographic presence. Support quality directly impacts user satisfaction and problem resolution.
Expert Tips for Hiring in Bangladesh
1. Understand Local Labor Compliance Requirements Familiarize yourself with the Bangladesh Labor Act of 2006 (amended) and Bangladesh Labor Rules of 2015 which govern all employment aspects. Ensure your EOR partner provides employment contracts comprising all benefits, rights, privileges, compensations, working hours, job responsibilities, salary, and termination policies.
2. Plan for Mandatory Benefits and Leave Policies Bangladesh requires minimum wage compliance, regulated working hours with overtime pay, festival bonuses, and various leave entitlements such as annual, casual, sick, and maternity leave. Budget for these mandatory costs upfront to avoid surprises.
3. Consider Local Currency and Payment Processing Choose providers offering payroll in Bangladeshi Taka (BDT) to simplify employee payments and reduce currency conversion complexities. This demonstrates commitment to local operations and improves employee satisfaction.
4. Leverage the Growing Tech Talent Pool Take advantage of Bangladesh's 750,000 tech professionals and over 4,500 tech companies, focusing on high-demand skills like AI, coding, cloud computing, Python, Java, JavaScript, and C++ that are abundant in the local market.
5. Choose EOR Partners with Local Expertise Select providers with demonstrated experience navigating Bangladesh's complex labor compliance environment where there is often a lack of effective inspection mechanisms and inadequate penalties for violations, ensuring they can protect your business from compliance risks.
How to Choose the Best EOR Company
- Assess Your Geographic Priorities: Determine if you need Bangladesh-only expertise or global coverage. Local specialists may offer deeper compliance knowledge, while global providers enable broader expansion.
- Evaluate Pricing Structure: Compare transparent pricing ($299-$579/month) vs custom quotes. Consider hidden costs like deposits, setup fees, and ongoing administrative charges when calculating total cost of employment.
- Review Compliance Credentials: Verify providers have partnerships with legal authorities, real-time compliance monitoring, and expertise in Bangladesh's complex labor regulations. Look for Big-4 partnerships or local legal expertise.
- Consider Technology and Automation: Assess platform sophistication, from traditional service-driven approaches to AI-powered automation. Modern platforms typically offer faster processing and better user experiences.
- Examine Support Quality: Evaluate customer support availability, geographic presence, and specialization. 24/7 North American support may be preferable to regional support depending on your operational needs.
- Test Onboarding Speed: Compare implementation timelines from 1-2 days to 2+ weeks. Faster onboarding enables quicker market entry and reduced time-to-productivity for new hires.
- Verify User Satisfaction: Review G2 ratings and customer testimonials to understand real-world performance. Ratings between 4.6-5.0/5 indicate strong customer satisfaction and service quality.
Why Choose Borderless AI in Bangladesh as an EOR Provider
Borderless AI stands out as the premier choice for EOR services in Bangladesh through its unique combination of AI-powered automation and comprehensive compliance expertise. Unlike traditional providers, Borderless AI leverages artificial intelligence to streamline complex HR processes while maintaining full regulatory compliance.
Key advantages include:
- Industry-Leading Speed: 5-day global payroll processing compared to industry standards of 20+ days, enabling faster employee payments and improved cash flow management
- No Financial Burden: No upfront costs or salary pre-funding requirements, allowing businesses to maintain financial flexibility and allocate resources strategically
- AI-Powered Innovation: Built with AI at the core, featuring faster onboarding, dynamic compliance, and powerful agents like HRGPT and Contract Generator
- Superior Customer Support: Dedicated 24/7 support team based in North America with 4.9 G2 rating reflecting exceptional customer satisfaction
- Comprehensive Legal Protection: Big-4 partnership and real-time compliance alerts ensure adherence to Bangladesh's complex labor regulations
- Modern Platform Experience: Mobile-ready interface designed for modern HR teams requiring flexibility and accessibility
Final Thoughts
Selecting the right employer of record services in Bangladesh requires careful consideration of compliance expertise, technological capabilities, and support quality. Bangladesh's complex labor regulations and rapidly growing tech sector demand EOR partners who combine deep local knowledge with modern operational efficiency. Our analysis reveals significant variations in pricing, onboarding speed, and service quality across providers, making data-driven comparison essential for informed decision-making. Companies should prioritize providers offering transparent pricing, proven compliance credentials, and responsive customer support to ensure successful international expansion. The investment in a quality EOR partnership pays dividends through reduced compliance risks, faster hiring timelines, and streamlined global operations. Ready to streamline your Bangladesh hiring process? Book a demo to see how the right EOR partner can accelerate your growth.
