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A Partnership Firm is formed under the provision of the Partnership Act 1932. RJSC (The Registrar of Joint Stock Companies and Firms) is the sole authority to Register Partnership Firm in Bangladesh.
A partnership firm can be registered by sending an application in Form No. 1. Along with the form, the requisite fee and a true copy of the partnership deed also needs to be sent to the Registrar. Such an application needs to be filed with the Registrar of Firms of the area in which the business is located. Thus, the application must outline:
Further, such an application must be signed by all the partners or agents who are specially authorized to do so on their behalf. Also, it must be sent to the Registrar within a period of one year from the date of formation of the partnership firm.
Partnership Agreement is well known as Partnership Deed. Usually following terms and conditions are including in a Partnership Deed:
A partnership firm can be registered at the time of creation or even subsequently. An application should file to the RJSC where the following information should include:
We are suggesting you register your existing Partnership Firm immediately for avoiding unexpected circumstances. Also if you start a new partnership firm you must be Registration at RJSC in Bangladesh.
After completing partnership registration in Bangladesh to start operating your business you should get the following documents: