Limited liability company registration in Bangladesh
What is private limited Liability company registration in Bangladesh?
It consists of minimum two persons (or directors);
- Statutory meeting and report are not applicable as section 83, Act 1994;
- Retirement provisions are not applicable as section 91 (b);
- Filing a statutory in lieu of prospectus is not required as section 141;
- No restriction for allotment of shares as section 148 of Company Act 1994;
- Certificate of commencement is not required to obtain in case of private limited company registration in Bangladesh;
- Submission of accounts to members are not required as section 191;
- Regulations from section 79 to 87 of schedule 1 on retirement and rotation of directors are not compulsory;
- The activities in sectors where no constraint from government for investment by the foreigners or locals are called private sectors;
- Prohibits any invitation to the public to subscribe for shares or debentures;
- Limits its number of members up to 50, excluding persons who are employees of the company.
- Memorandum and article of association as section 5, 6, 17 & 18 of Company Act, 1994
- List of the directors as section 92 (1)
- Contract of the directors to take qualification of the shares as section 92 (1)(b)
- Address and personal information of the directors
- Encasement certificate in favor of purchasing qualification of shares
- or calculation of government fees please visit www.roc.gov.bd
It is required for filling up of form I, VI, IX, X and XII