Founder & CEO
Mohammad Mainul Arefin, founder of Mynul Extensions, embarked on his entrepreneurial journey in 2016 as a freelancer and rapidly saw the need to expand his ventures globally. From small beginnings in Chittagong to opening a busy office in Dhaka, Mainul has seen how the e-commerce market has grown over the years. With a majority of his clients based in the United States, Mainul was required to establish a US LLC. As Mynul Extensions expanded into global markets, particularly through platforms like Amazon, the challenges of international payments and client services became a significant focus.
In his quest for a robust global operations solution, Mainul turned to Business Globalizer. This partnership aimed to streamline his international transactions and compliance processes.
To delve deeper into how Business Globalizer has supported Mynul Extensions’ global expansion and to explore their collaborative journey, Woaliullah Olee, the Head of Creative at Business Globalizer, conducted an in-depth interview with Mainul Arefin. Let’s see what insights he shared.
Woaliullah Olee: Mr. Mainul, I’d very much like to know about you and your company. Would you please do the honor?
Mainul Arefin: Why not? This is MD Mainul Arefin. My hometown is Chittagong. I started conducting my business in Uttara, Dhaka, in 2020. My career journey as a freelancer started in 2016. As time passed, I felt the necessity of forming an LLC and expanding my business to grow. I primarily work on Amazon, with most of my clients based in the United States. At one point, I taught my students how to work with US clients, do work on Amazon, and outsource.
Woaliullah Olee: Right now, what products and services are you focusing on?
Mainul Arefin: Thank you for asking. Right now, there is no alternative to e-commerce because, during COVID-19, we realized online purchasing could be very smooth and people got used to it; Since eCommerce has already been there and is growing day by day. So, People will adopt cross-border business. In that context, everybody will require services like US banks, US company formation, UK Ltd., and so on.
Woaliullah Olee: Since you have already expanded your business globally, what were the challenges you faced when trying to run your business globally and provide your customers with the best service possible?
Mainul Arefin: The majority of our clients are from the United States, so they are comfortable sending USD via PayPal. At the same time, we want the full amount of money to be deposited into our accounts without paying 15-20% tax. In that case, we need banking support because there is no other way to keep a good amount of money. Also, if we want to sell our products on marketplaces like Shopify, Amazon, and Walmart, proper banking support is a must. For transactions, PayPal is very popular in the United States, but we don’t have this payment service in our country. However, we can use these global banking and payment gateway services if we set up an LLC or LTD.
Woaliullah Olee: Regarding dealing with these challenges, how did you know about Business Globalizer?
Mainul Arefin: To be honest, I have known Business Globalizer for a long time, around 5 years at least. I would like to thank Mr. Mamun for all the hard work that has helped his business grow. He creates a team that specializes in providing top-notch services in Bangladesh. They are polite and very consistent and are doing well. Also, Mr. Mamun is an acquaintance of mine and I have a MoU partnership with Business Globalizer. Have been using Business Globalizer’s services for the past 3–4 years, and Alhamdulillah, I have been pleased with them.
Woaliullah Olee: Since you have been exploring the global market, you already have a pretty good idea. In this context, how would you differentiate Business Globalizer from others?
Mainul Arefin: I took services from a few companies that have the same features like company or LLC formation. Unfortunately, I was disappointed. They did not keep their commitments, and they don’t have any strong communication with the IRS. Also, their delivery time and problem-solving abilities are extremely poor. However, Mr. Mamun and Business Globalizer resolved these issues very effectively.
Woaliullah Olee: Can you briefly share your experience with Business Globalizer? How did the company solve your problems?
Mainul Arefin: Yeah, sure. First of all, I have taken 7–8 different services from Business Globalizer. I received excellent support, and the success rate was 100% for each of them. Business Globalizer also keeps us updated on new information and makes suggestions. Moreover, they keep themselves updated regarding bank approvals and updates regarding client renewals and filings, which we will not get anywhere else.
Woaliullah Olee: What are some considerations someone should be aware of when forming an LLC, especially regarding travel and handling emergencies in the USA? And would you recommend Business Globalizer to others?
Mainul Arefin: When someone forms an LLC, it automatically becomes a liability to them. Many people may take this very lightly, but when a person wants to visit the USA or wants to attend to any emergency there, the documents, including their EIN and tax documents, will be linked to the US embassy. If newcomers are seeking a reliable service provider, I highly recommend Business Globalizer. It’s one of the best service providers in Bangladesh. It’s an old, reputed, and experienced organization.
Woaliullah Olee: As an honorable client and Business Globalizer’s MoU partner, we have already experienced much collaborative work, and I believe we will have more soon. So, how much value do you think this partnership adds to our businesses?
Mainul Arefin: Excellent question. First of all, as a Mou partner, I quickly receive all the information from Business Globalizer’s support team. This enables me to efficiently guide my clients on LLC formation dos and don’ts. Moreover, being a MoU partner, I can offer exclusive discounts to both myself and my clients. Anyone signing up through my coupon code will benefit from these discounts.
Woaliullah Olee: How do you see the future e-commerce industry? How much do you want to influence future generations?
Mainul Arefin: I believe the opportunity is abundant in Bangladesh in terms of e-commerce and day by day it is growing. The IT entrepreneurs in Bangladesh need LLC, and LTD formation to get a smooth payment gateway. And about the influence part, I believe in global reach. More expansion, more development, and more prosperity. And I want future generations to believe that too!
Mainul Arefin’s journey is a testament to the power of strategic partnerships in the modern business landscape. For those looking to enter the e-commerce industry or expand their current operations, Mynul Extensions’ story illustrates the importance of choosing the right partners to succeed on a global scale.
With Business Globalizer, companies gain more than a service provider; they gain a partner committed to their success in the international marketplace. From company formation in major global hubs like the USA, UK, UAE, and Singapore to handling complex compliance and tax issues, we cover all aspects of your international business strategy.
As an IRS Certified Acceptance Agent (CAA), We seamlessly provide EIN and ITIN,
integrate top global payment gateways and banks for seamless financial transactions, and offer tailored merchant account solutions for high-risk businesses. For eCommerce ventures, we handle everything from company formation to seller account approvals.
Visit our website to explore how we can assist in transforming your global business aspirations into reality.
Credits:
Woaliullah Olee: Interviewer
Fahim Zaman: Audio Recorder, Camera (DOP), Gear Management
Rafsan Hossain: Video Editor
