Establishing a Bangladeshi company can be a frustration if you do not know the applicable laws and procedures. The implementation procedure for Bangladesh has seven actions and provisions. Follow the steps below, the procedure is understood and necessary for the implementation of a Bangladesh company.

As stated in 1994, business law has three main types of companies:

Public limited company
The company has a guarantee; e
An unlimited liability company.
The most common establishment in Bangladesh is the public limited company. The Bangladeshi Business Law for insertion does not lead to the step-by-step implementation of a company, especially the companies and registrars (RJSC), the Bangladesh Chamber of Commerce.

Below are the steps to register or establish a limited liability company in Bangladesh: –

  1. Name | Establishment of Bangladesh:
    This is an online process and the applicant must accept the name. The nominal amount must be kept with the bank specified on the RJSC website. The name was approved for 180 days, so it is recommended to the company that establishes Bangladesh at this time, otherwise a new approval will be necessary.
  2. Establishment of the documentation registration company in Bangladesh:
    For the RJSC verification, the following documents must be provided:

Memorandum articles and business association;
The decision to open a company from Bangladesh to advertisers;
Receive and execute these forms when registering in an RJSC
Form completed I: Declaration of business registration;
VI. Completed form: residence notice;
IX. Completed form: Admission of the director’s decision;
Form X completed: List of people who can be director.
XII. Completed form: information about directors, directors and managers.

  1. Banking procedure Establishment of Bangladesh:
    The project developer opens a temporary bank account in the name of the proposed company with any regular bank, provided that the account is compensated when it is registered in the RJSC.
    Contribution to a bank account; e
    Obtain the amount of capital necessary for the proposed bank account that is sent correctly to the bank account.
  2. Registration in Bangladesh Establishment:
    To register an RJSC company, the compulsory RJSC bank must pay the registration and the stamp duty;
    The government fee determines the authorized capital of the company;
    After processing, the RJSC must receive the certificate of entry.
  3. After registering | Establishment of Bangladesh:
    The procedures are the following certifications / licenses:

Tax identification number;
Certificate of Value Added Tax (VAT);
Trading license;

  1. Establish a business travel business in Bangladesh:
    The forms and schedules prescribed by the registered entities and the RJSC supplements, affirmations and storage must be submitted. There are two types of reimbursement:

a) Annual translation: every year the company must present to the RJSC the following documents:

List X: annual capital stock and list of shareholders; S.36;
Balance of 30 days for the annual meeting;
Within 30 days after the General Meeting, the statement of earnings and losses;
Model 23B: Letter from the inspector to be presented within 30 days from the request of an appointment.
b) Any change in the institution: if changes have occurred in the company, the RJSC must return the corresponding refund in the prescribed form.

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Published by davidkendix