Frequently Asked Questions on Documents Required for Private Limited Company Registration in Bangladesh
| Question | Answer |
|---|---|
| 1.What documents are required for private limited company registration in Bangladesh? | In to register limited company Bangladesh, need documents as Memorandum Articles Association, Declaration of Compliance, Form XII, Form VI, and valid passport or national ID directors shareholders. |
| 2. Do the documents need to be notarized? | Yes, some of the documents, such as the Memorandum and Articles of Association, need to be notarized before submission to the Registrar of Joint Stock Companies and Firms. |
| 3. Are there any specific requirements for the Memorandum and Articles of Association? | Yes, the Memorandum and Articles of Association must be drafted in accordance with the Companies Act, 1994 and must be signed by at least two subscribers in the presence of a witness. |
| 4. What Declaration of Compliance and obtained? | The Declaration of Compliance statement directors confirming requirements Companies Act been complied with. Needs signed company secretary one directors, obtained notary public. |
| 5. Can the documents be submitted online? | Yes, the documents for private limited company registration can be submitted online through the website of the Registrar of Joint Stock Companies and Firms. |
| 6. Is it necessary to have a physical office address for registration? | Yes, a physical office address in Bangladesh is mandatory for private limited company registration. Rental agreement utility bill name company used proof address. |
| 7. Are there any specific requirements for foreign directors or shareholders? | Foreign directors and shareholders will need to provide a valid passport and visa, and in case of a foreign company being a shareholder, a board resolution authorizing the investment in the Bangladeshi company will be required. |
| 8. Do the directors and shareholders need to be physically present in Bangladesh for registration? | No, the directors and shareholders do not need to be physically present in Bangladesh for the registration process. However, their documents may need to be attested at the Bangladeshi embassy or consulate in their country. |
| 9. What is the timeframe for private limited company registration in Bangladesh? | The registration process typically takes 3-5 working days from the submission of all required documents, assuming there are no complications or additional requirements. |
| 10. Are there any post-registration formalities? | After the registration of the private limited company, it is necessary to obtain a trade license, tax identification number (TIN), and VAT registration certificate from the relevant authorities in Bangladesh. |
Required for Limited Company Registration Bangladesh
When it comes to starting a business in Bangladesh, one of the first steps is to register your company as a private limited company. This process involves submitting various documents to the relevant authorities. In this blog post, we will discuss the documents required for private limited company registration in Bangladesh.
Why is it important to know the documents required for private limited company registration in Bangladesh?
As a business owner, it is crucial to understand the documentation required for company registration in Bangladesh. Without the proper documentation, your registration process could be delayed, or worse, rejected. By knowing the documents required, you can ensure a smooth and hassle-free registration process for your company.
What documents required limited company registration Bangladesh?
According to the Companies Act of 1994, the following documents are required for private limited company registration in Bangladesh:
| Document | Details |
|---|---|
| Memorandum of Association | This document outlines the company`s constitution, objectives, and rules of operation. |
| Articles Association | This document contains the internal rules and regulations for the management of the company. |
| Declaration of Compliance | A statement signed by the company`s directors confirming that all legal requirements have been met. |
| Form 1 | Application for registration of a company. |
| Form 18 | Consent of the proposed directors of the company. |
| Form 19 | Consent of the proposed managing director of the company. |
| Form 20 | Declaration on the stamp paper by the proposed directors of the company. |
Registering a private limited company in Bangladesh is a detailed process that requires careful attention to the documentation required. By understanding the documents needed for registration, you can ensure a smooth and efficient registration process for your company. It is important to consult with legal experts or company registration services to ensure all requirements are met.
Legal Contract: Documents Required for Private Limited Company Registration in Bangladesh
Before a private limited company can be registered in Bangladesh, certain legal documents and requirements must be met. This contract outlines the necessary documents and procedures as per the laws and legal practice in Bangladesh.
| Document Name | Description |
|---|---|
| Memorandum of Association (MoA) | The MoA is a legal document that sets out the company`s constitution and defines the scope of its activities. |
| Articles of Association | The AoA contains the rules for the internal management of the company, including the rights and duties of shareholders and directors. |
| Identification Documents | Photocopies of passports, national ID cards, or other valid identification documents for the company`s shareholders and directors. |
| Proof Address | Documents such as utility bills or bank statements to verify the registered address of the company. |
| Declaration of Compliance | A statement confirming that all legal requirements for company registration have been complied with. |
| Registration Fees | Proof of payment of the required registration fees to the relevant government authorities. |
It is important to ensure that all the necessary documents and requirements are fulfilled in accordance with the laws and legal practice in Bangladesh before proceeding with the registration of a private limited company.