Register or Incorporate a Company In Bangladesh

An incorporated company, or corporation, is a separate legal entity from the person or people forming it. Directors and officers purchase shares in the business and have responsibility for its operation. Incorporation limits an individual’s liability in case of a lawsuit.

Company incorporation in Bangladesh comes in a different form and procedure as per the Companies Act 1994, under the act company registration procedure in Bangladesh differs depending on the types of company registration one may opt for in Bangladesh.

There are several acts and provisions attached with the procedure of company incorporation in Bangladesh. Company house in Bangladesh, which is know as Registrar of Joint Stock Companies (RJSC) is the regulatory body responsible for registration of Companies in Bangladesh. Followings shall give an understanding of what is the procedure and what may be required to have a company incorporated/registered in Bangladesh.

As per the Companies Act 1994, there are mainly three types of companies:

• Company limited by shares,
• Company limited by guarantee; and
• Company with unlimited liability.

The most common form of company incorporation in Bangladesh is a registration of a company limited by shares. In order to register a Company in Bangladesh Companies Act 1994 does not provide the step by step procedure on how to set up a company as it is mainly dealt by the Registrar of Joint Stock Companies and Firms (RJSC), the Company House of Bangladesh.