Almost 85% businesses in Bangladesh are operated as sole tradership.

A relatively large investment

business conducted by sole proprietors in the country is that in the real estate sector. Most sole
proprietors conduct small businesses such as retail shops that sell stationary, groceries, cloth,
medicines, handicrafts, books, confectioneries, spare parts, and tyre/tube, wholesale stores. Many
operate amusement business, and service marketing such as hotels, restaurants, guesthouses or
tailoring, hairdressing, road, and water transportation.

http://en.banglapedia.org/index.php?title=Sole_Proprietorship

Sole proprietorship

A sole proprietorship, also known as sole trader, is a business entity owned by one single person;
hence the name. It is never legally defined as a separate entity from the owner. Therefore, the
owner of the business is solely responsible and held accountable for all liabilities the business
incurs over time. The following are generic facts about sole proprietorships; a helpful tool for
anyone looking forward to start their own businesses.

Key facts about sole proprietorships

Eligibility starts at the age of eighteen. Citizens from Bangladesh are eligible for a sole
proprietorship only when they turn eighteen.
For a sole proprietorship, a local commercial address must be provided as the business
address.
Profits from the business are treated as the income for the individual who owns the
company, and is therefore subject to tax rate equal to that of personal income.
As any profits from the business will be taxed as personal taxes, proprietors do not need
to audit their accounts.
The basic requirement for any proprietorship is a trade license.
Annual renewals of the trade license is a necessity.

Required documents and registration procedures

The following documents and information are required in order to register a sole proprietorship
in Bangladesh:
 The proposed Bangla name of the business.
Principal activities and their particulars.
The local business address for the business in a commercial area.
Providing the lease, the rental agreement, and the deed for the office space.
A copy of the owners National Identification card.

Partnership

A partnership is generally a business agreement between two or more parties, where all agree to
cooperate to develop their mutual interests. The partners in said agreements may be individuals,
businesses, schools, governments, or any combination of the aforementioned partners.

A partnership must consist of a minimum of two partners and a maximum of twenty, according
to Bangladeshi law. A partnership agreement is a mandatory requirement for procuring a trade
license, and operating a bank account. All liabilities in a partnership venture must be shared by
all partners.

In accordance to the law, the required licenses or permits, trade licenses and TIN certificates.
Based on the nature of the business, other documents may be provided upon request. For
example, meeting minutes of partners is a necessity for opening bank accounts in most banks in
Bangladesh.

General requirements to start a partnership:

It is mandatory to have a partnership agreement.

Minutes of partners meeting may be a requirement in many cases.
Procurement of a trade license from the local governing body.
Providing a TIN certificate immediately upon request.
Where applicable, providing VAT registration, and IRC in case of any business related to
imports.
In case of businesses related to exports, providing an ERC is a must.
It is vital to get proper permission from the authorities in accordance to the nature of the
business.

http://archive.dhakatribune.com/feature/2016/may/29/sole-proprietorship-and-partnership