If you are thinking to register a new company or relocation of your existing company to Bangladesh, but don’t know how to and where to avail that service, then you are at perfect place. AIN BISHAROD is ready to assist you in this regard.
In Bangladesh, Companies are formed under the obligations of Companies Act 1994, any person (foreign or local) above the age of 18 can register a company in Bangladesh.
The average estimated timeline of registering a company in Bangladesh takes 45- 60 days at most. The registration follows some complex procedure, such as-
Step 1: Name clearance
Firstly, you need approval for your company’s name from The Registrar of Joint Stock Companies and Firms (RJSC).
Step 2: Drafting of required documents
Secondly, you need to draft the Article of Association (AoA) and Memorandum of Association (MoA). While preparing those, you need to draft it along with other forms as requirements for compliance to RSJC, Our firm has earned a good will in this regard.
Step 3: Opening of bank account
Thirdly, you must open a bank account in the proposed name of the company and make necessary payment as required.
Step 4: Submission of documents to the RSJC
In this step, you have to submit all the required papers to the RJSC and pay the registration fees. You can also look into RSJC for the incorporation certificate during the standard process time.
Step 5: Post-registration compliance
By this time, you have the certificate of incorporation, Articles of Association (AoA) and Memorandum of Association (MoA), and you have a newly registered company in Bangladesh.
You also need to proceed to some additional licenses and registrations:
- Trade License
- Tax Identification Number (TIN)
- VAT Registration Certificate
- Fire Certificate
Environmental Clearance Certificate (if necessary)
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