Company Registration in Bangladesh: Easy RJSC Guide
Company Registration in Bangladesh is the first step for starting a limited company in the country. Large businesses are typically formed as a limited company, where two or more entrepreneurs join together to run the business. Most companies in Bangladesh are registered as a private limited company (also known as a private limited liability company). In a private limited company, shareholders are not personally liable for the company’s debts beyond the amount of share capital they have individually contributed. Under the Companies Act, 1994, any adult (18 years or older) — whether a local or foreign citizen — can become a director or shareholder of a company in Bangladesh.
Quick Facts: Company Registration in Bangladesh
– Governing Law: Companies Act, 1994
– Registering Authority: RJSC (Registrar of Joint Stock Companies and Firms)
– Minimum Age for Director/Shareholder: 18 years
– Private Limited Company: Minimum 2, Maximum 50 shareholders/directors
– Public Limited Company: Minimum 7 shareholders, no maximum limit (subject to shares)
– Foreign Ownership: 100% allowed in most sectors
– Foreign Shareholder Requirement: Encashment Certificate from a scheduled bank confirming remittance
– Registered Office in Bangladesh: Mandatory
