Private Limited Company
A Private Limited Company is the most preferred legal structure for both local and foreign investors in Bangladesh.
A Private Limited Company is the most preferred legal structure for both local and foreign investors in Bangladesh. This entity type is highly favored because it offers shareholders greater operational control and allows business activities to commence immediately upon registration with the Registrar of Joint Stock Companies and Firms (RJSC), provided other mandatory licenses are secured.
Legal Definition
According to Section 2(q) of the Companies Act 1994, a Private Limited Company is defined as an entity which, through its Articles of Association (AoA):
- Restricts the right to transfer its shares.
- Limits the number of its members to a maximum of fifty.
- Prohibits any invitation to the public to subscribe for shares or debentures.
At Pioneer BizCare, we provide comprehensive, end-to-end support for company incorporation. Whether you are a local entrepreneur or an international investor, we simplify the complex legal journey to ensure your business is established with total regulatory compliance.
How We Help
Our expert team guides you through every phase of the incorporation process, from the initial name clearance to the final issuance of the Certificate of Incorporation.
1. Documentation & Drafting
- Memorandum & Articles of Association (MoA & AoA): We provide expert advice and drafting services to ensure your company’s constitution is legally sound and meets your business objectives.
- Name Clearance: We manage the application for your proposed company name through the RJSC portal to secure official approval.
- Board Resolutions: We assist directors in drafting the necessary resolutions required to initiate the incorporation of a new Private Limited Company.
2. Mandatory RJSC Filings
We handle the preparation and filing of all essential statutory forms, including:
- Form I: Declaration on the registration of the Company.
- Form VI: Notice of the situation of the registered office.
- Form IX: Consent of directors to act in their capacity.
- Form X: List of persons consenting to serve as directors.
- Form XII: Detailed particulars of directors, managers, and managing agents.
3. Post-Incorporation Licensing
Once the company is registered, we provide seamless assistance in acquiring the necessary operational credentials:
- Trade License: Facilitating the application through the relevant City Corporation or local authority.
- Tax Identification Number (e-TIN): Securing the company’s official tax registration.
- VAT Registration (e-BIN): Assisting in obtaining the Business Identification Number required for commercial operations.
Why choose us
Our deep understanding of RJSC protocols and the Companies Act 1994 ensures that your application is processed without unnecessary delays. We act as your local representative, managing all government interactions so you can focus on building your business.
Here is the professionally rewritten content for the Public Limited Company section, specifically tailored for Pioneer BizCare.
