To set up a Bangladesh company, the first step would be to obtain a name clearance for the proposed company name. One has to visit www.roc.gov.bd and create a username first and then apply for the name clearance.
When considering the registration of a new company or relocation of your existing company to Bangladesh, note that most Bangladeshi companies are registered as private limited liability companies (commonly known as private limited companies).
You should note that there is a provision for One Person Company (OPC in short). However, because of certain restrictions, we do not advise our clients to form an OPC.
A private limited company in Bangladesh is a separate legal entity and shareholders are not liable for the company’s debts beyond the amount of share capital they have contributed. According to the Companies Act 1994, any person (foreign or local) above the age of 18 can register a company in Bangladesh.
If you are a foreign investor, we recommend you to read our article on foreign investment. It will help you to understand the legal regime about foreign investment in Bangladesh.
