Bangladeshi company law provides the regulatory framework for the establishment, operation, and dissolution of companies in Bangladesh. The principal legislation governing companies in Bangladesh is the Companies Act, 1994, which has been amended several times to keep pace with changing economic conditions and global standards.

There are two types of companies, such as-

Private Limited Company: Requires a minimum of two and a maximum of fifty shareholders. It restricts the transferability of shares and prohibits public subscription to shares or debentures.

Public Limited Company: Requires a minimum of seven shareholders, with no maximum limit. Shares of a public limited company are freely transferable, and it can offer shares or debentures to the public.

The first step involves obtaining approval for the proposed company name from the Registrar of Joint Stock Companies and Firms (RJSC).

These documents outline the company’s objectives, rules, and regulations governing its internal affairs. After preparing the necessary documents, including the Memorandum and Articles of Association, the company must apply for registration with the RJSC.

Upon approval, the RJSC issues a Certificate of Incorporation, signifying the legal existence of the company. Bangladeshi company law aims to facilitate business activities while ensuring transparency, accountability, and protection of stakeholders’ interests. Adherence to these regulations is essential for the sustainable growth and development of companies in Bangladesh.