PRIVATE LIMITED COMPANY

The following information will help the foreign and local entrepreneurs registering a company in Bangladesh. Rules and process of new company registration in Bangladesh as local entrepreneurs and the foreign entrepreneurs are different from each other. Besides, fees, government official additional expenses, time and behavior are not same like local investors. Without government officers, staffs and artificial complexity no one get the licenses or pass the documents to start a business in Bangladesh. Bangladesh is a beautiful country because everything is possible to be done.

There are mainly two types of company registration in Bangladesh

• Private limited Company registration in Bangladesh
• Public limited company registration in Bangladesh
• Limited by shares
• Limited by guarantee

What is private limited Liability company registration in Bangladesh?

It consists of minimum two persons (or directors);

• Statutory meeting and report are not applicable as section 83, Act 1994;
• Retirement provisions are not applicable as section 91 (b);
• Filing a statutory in lieu of prospectus is not required as section 141;
• No restriction for allotment of shares as section 148 of Company Act 1994;
• Certificate of commencement is not required to obtain in case of private limited company registration in Bangladesh;
• Submission of accounts to members are not required as section 191;
• Regulations from section 79 to 87 of schedule 1 on retirement and rotation of directors are not compulsory;
• The activities in sectors where no constraint from government for investment by the foreigners or locals are called private sectors;
• Prohibits any invitation to the public to subscribe for shares or debentures;
• Limits its number of members up to 50, excluding persons who are employees of the company.

The following documents are to be filed with the Registrar of Joint Stock Companies And Firms with requisite fees:

• Memorandum and article of association as section 5, 6, 17 & 18 of Company Act, 1994
• List of the directors as section 92 (1)
• Contract of the directors to take qualification of the shares as section 92 (1)(b)
• Address and personal information of the directors
• Encasement certificate in favor of purchasing qualification of shares
• For calculation of government fees please visit www.roc.gov.bd

What is private limited Liability company registration in Bangladesh?

Important returns to be file with the Registrar by any company after registering a company in Bangladesh, as follows:

Report and return to be submitted of the companies registered in Bangladesh to RJSC, as follows: