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It Is Crucial To Make Sure The Business Is Properly Registered And Licensed.

Registration of new firms in Bangladesh rose to an all-time high of 11,110 in the last fiscal year, highlighting the expansion of business activities and people's enthusiasm about setting up fresh ventures, official figures showed. With a record high of new businesses, it is more important than ever to ensure your business is properly registered and licensed.

Ensuring your company is properly licensed & registration helps to bring protection to yourself, your employees and your customers. Having the correct license & registration will ensure your personal assets are protected in case of a lawsuit as well as providing protection for you if your business is damaged. This works the other way around too as if you are personally liable for injuring another, your business's finances will not be available in the settlement. A licensed & registration business is completely separate from yourself, meaning your company’s taxes aren’t filed with your own. This makes it far easier to report income as well as businesses losses.

If you obtain a license & registration for your business, you are ensuring that your personal information remains private. This includes everything from your address to your finances as they will not be associated with the business and will almost guarantee you retain a level of personal privacy.

License & Registration' Services

Regulatory License

Regulatory License

A business license is a specific government document, which certifies that a business is safe for the public. There are many different types of licenses that may be required depending on the specific type of business, as well as what each state requires of its businesses.

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Company Registration

Company Registration

It requires a certificate of incorporation issued by the Registrar of Companies after the finalization of several statutory requirements. The Registrar together with the certificate of incorporation also issues a certificate of commencement of business.

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Partnership Registration

Partnership Registration

Registration of Partnership. As per the Partnership Act 1932, it is not compulsory to register a partnership firm. The firm does not have a separate legal identity and registration will not alter this fact. However, registration is the definite proof of the existence of the firm and its legality.

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Society Registration

Society Registration

Any seven or more persons associated for any literary, scientific or charitable purpose, or for any such purpose as is described in section 20 of this Act, may, by subscribing their names to a memorandum of association and filing the same with the Registrar of Joint-stock Companies form themselves into a society under this Act.

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One Person Company

One Person Company

One Person Company (OPC) Formation & Registration Procedure in Bangladesh One Person Company [OPC] means and includes a company whose shareholder is merely a natural person [as inserted in by proposed Section 2 (Kha) of sub-section 1 of section 2 of the Companies Act, 1994]. That obliges that any natural person may incorporate an OPC for any lawful object by signing his/her name into the memorandum as the only shareholder. A natural person can only form a One Person Company (OPC).

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RJSC Return Filing

RJSC Return Filing

Every calendar year must submit the company’s annual return to RJSC, an Annual General Meeting must be held. The annual general meeting (AGM) must be conducted within 18 months of the company date of incorporation, after which no more than 15 months can elapse between one annual general meeting (AGM) and to the next.

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Wondering Where To Start?

Understanding exactly what kind of license and registration you need and how to register your business can be confusing. LICENSE BD & ASSOCIATES since 2003, who provide advice on licensing and registration. They will give you personal advice, as your company may have multiple needs and will assist you during setup. They have worked with different industries so your business deserves to help you no matter what. They are a professional, reliable company.

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