How to Registration Company in Bangladesh.
Register Joint Stock Company (RJSC) .
In this article, you will learn total Company Registration Guideline. Unveiling the Essentials of Company Incorporation in Bangladesh Bangladesh’s thriving economy.
presents promising opportunities for entrepreneurs. To embark on this exciting venture, understanding
company incorporation is crucial. Here’s a breakdown of the key steps and considerations:
Prerequisites for Incorporation
- Company Name Selection: Choose a unique and suitable name that complies with Bangladesh’s
Registrar of Joint Stock Companies and Firms (RJSC) guidelines. A name clearance certificate is required.
- Minimum Shareholders: A minimum of two shareholders are necessary to incorporate a private
limited company in Bangladesh. There’s no restriction on nationality.
- Paid-Up Capital: A minimum paid-up capital is mandated, although the amount varies depending on
the company’s nature.
The Incorporation Process
- Name Clearance: Obtain a name clearance certificate from the RJSC to ensure your chosen name is
available.
- Document Preparation: Prepare the Memorandum of Association (MoA) outlining the company’s
objectives and Articles of Association (AoA) defining internal governance rules.
- Bank Account Opening: Open a designated bank account for the company’s paid-up capital,
particularly if foreign investment is involved.
- RJSC Submission: Submit the AoA, MoA, and other necessary documents, including the director and
shareholder information, to the RJSC for registration.
- Fee Payment: Pay the requisite government fees and stamp duty based on the authorized share
capital.
- Verification and Incorporation: Upon verification, the RJSC will issue a certificate of incorporation,
formally establishing your company in Bangladesh.
Additional Considerations
- Trade License: Obtain a trade license from the relevant City Corporation to commence business
operations.
- Tax Registration: Register with the National Board of Revenue (NBR) to acquire a Tax Identification
Number (TIN).
- VAT Registration: Depending on your business activities, VAT registration with the NBR might be
necessary.
- Fire and Environmental Clearances: In some cases, fire safety certificates and environmental
clearances from relevant authorities may be required.
Benefits of Company Incorporation in Bangladesh
- Limited Liability: Protection of shareholders’ personal assets from company debts.
- Enhanced Credibility: Establishes a professional image and fosters trust with stakeholders.
- Access to Funding: Facilitates securing loans and attracting investments.
- Business Continuity: Ensures the company’s existence remains independent of its founders.
By following these steps and adhering to regulations, you can successfully navigate company
incorporation in Bangladesh and pave the way for a flourishing business. Remember to consult with
legal or business professionals for comprehensive guidance throughout the process.
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RJSC Certificate
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