If you have a legal problem in your life. We are available. Registration of foreign companies in Bangladesh: Our legal services department in Bangladesh offers all kinds of services for new businesses and start-ups. The procedure for registering companies in Bangladesh is as follows: 1. 100% foreign ownership is allowed 2. Name release 3. Opening a temporary bank account in the name of the proposed entity 4. Incoming transfer of at least $50,000 5. Packing certificate 6. Presentation of the company`s articles of association and articles of association 7. Certificate of Incorporation Email us at info@legalcarebd.com if you have any questions about registering the company in Bangladesh.
– Investments in existing businesses Business registration in Bangladesh is an easy process for both local and foreign investors. The most common type of company is a limited liability company, which is limited to shares. Under section 2(q) of the Companies Act 1994, a private company is a company which, by its articles of association, limits the right to transfer the share, limits the number of members to fifty and prohibits invitations to the public to subscribe for shares or bonds of the company. The Companies Act 1994 describes the characteristics of a company in Bangladesh: ii. For authorized share capital: Authorized Capital (BDT) Fees (BDT) Up to 20,000 – 360.00 For each 10,000 or part after the first 20,000 up to 50,000 – 180.00 For each 10,000 or part after the first 50,000 up to 1,000,000 – 45.00 For each 10,000 or part after the first 1,000,000 up to 5,000,000 – 24.00 For every 100,000 or part after the 5,000,000 – 45 Email us at info@legalcarebd.com if you have any questions about registering companies in Bangladesh. Bangladesh has 87 million Internet subscribers, or about 53% of the total population.48 In 2016, Bangladesh ranked 112th out of 139 countries on a Network Readiness Index49, according to a World Economic Forum report, while it also performed poorly on the Global Cybersecurity Index in 201550. The legal framework at the time, the 200651 Information and Communication Technology Act , was widely found to be insufficient to address digital security and privacy concerns.52 Bangladesh has therefore taken steps to improve its digital security framework as part of its e-governance project53 and the Bangladesh Digital Vision54. In addition, the government has formulated a national cyber security strategy55 that sets out a vision for cyber security by 2021. Commercial practice: The firm continuously advises companies and authorities on commercial matters. Legal Care is very focused on commercial practice and its main areas of activity revolve around the commercial and civil landscape. We advise our clients on dispute resolution law.
If these disputes lead to a formal proceeding, we prepare the necessary legal documents and guide our client through a court proceeding or other hearing. Recent notable work of the firm: II. Advising and managing legal processes for the establishment of Mastermind Abacus franchise in Bangladesh Legal Care Law Firm focuses on providing fast and efficient services, possibly with the utmost care, quality and perfection to its clients. We would also like to emphasize that we are a law firm that cares most about its clients and is therefore ready to offer services in legal affairs of any kind, which will help us gain the full trust of clients in us. Importantly, the Digital Security Act provides safe harbor protection for intermediaries 65 and criminalizes the illegal use of „identity information“ 66. VIII. Preparation of a legal opinion for a local clothing manufacturer on monetary incentives for a 100% export-oriented industry. VI. Advising a China-Bangla joint venture on the acquisition of Barge and necessary legal requirements. Advising a local inventor on patent law and filing Please contact us directly for more information on how our team can help you in your particular situation. Registration fees for limited liability companies in Bangladesh: Our legal services department in Bangladesh offers all kinds of services to new businesses and start-ups.
The current wave of increasing business expansion and booming economic development around the world is unthinkable in Bangladesh in any way and of course not beyond. Whatever the exact calculation and reality of wealth distribution and development, it is undeniable that banks and other financial institutions play a crucial role in stimulating economic growth and keeping it in step with current phenomena involving all stakeholders, from rural farmers to influential businessmen in the capital. Therefore, business in companies inevitably creates complexities between organizations and their customers that require a meaningful solution through legal proceedings. To this end, taking into account the requirements and requirements of our valued clients, we have put our shoulders to the test and have equipped our firm with experienced and efficient lawyers who possess the deep understanding and expertise to provide our clients with the services they need for both litigation and documentation. 5. Bangladesh is the world leader in percentage of mobile malware operations The company actively cooperates with joint venture projects, establishing foreign companies in Bangladesh, opening representative offices and branches, building an offshore industry, etc. General options for setting up business in Bangladesh: – Sole proprietorship (not applicable to foreign investors) – Partnerships (not applicable to foreign investors) – Limited liability company – Joint stock companies – Purchase of houses – Representative offices/liaison offices. d. It must have at least two directors [§ 90 (2)]; X. Due diligence of a European conglomerate for a power plant project.