Update 21/10/2015: after to the recent amendment in the Finance Act 2015 and recent meetings between RJSC and NBR, it is no longer required for the foreign directors to obtain TIN.
Registrar of Joint Stock Companies and Firms (RJSC) and National Board of Revenue (NBR) now requires eTIN number for foreign Directors to incorporate a new company. Without an eTIN, RJSC does not issue the Certificate of Incorporation and NBR does not issue eTIN for the newly incorporated company. Previously only the Bangladeshi Directors require eTIN number for company incorporation.
Unfortunately both NBR and RJSC introduced this new requirement for foreign director without any prior notice. It creates an uproar and confusion among various parties who deal with company incorporation. Obtaining eTIN for foreigner is also confusing and difficult in the absence of any clear guideline.