Company Formation

Company Formation — Overview & Purpose

Comprehensive corporate entity incorporation at the Registrar of Joint Stock Companies and Firms (RJSC) under the Companies Act 1994, establishing a legally distinct corporate identity with limited liability.

What This Service Includes (Scope of Work)

• Name clearance verification and reservation with RJSC portal
• Drafting of customized Memorandum of Association (MoA) and Articles of Association (AoA)
• Preparation of statutory Form IX, Form X, Form XII and subscriber witness records
• Payment of government stamp duties and statutory registration fees
• Obtaining the official Certificate of Incorporation and certified Form XII

Required Documents & Prerequisites

• Proposed company names in order of preference
• National ID (NID) or Passport copies of all prospective directors and shareholders
• TIN certificates of all Bangladeshi directors
• Passport-sized formal photographs of all directors
• Registered office physical address with utility bill or tenancy agreement copy
• Authorized and paid-up capital distribution schedule among shareholders

Step-by-Step Procedure

1. Name Clearance: Submit and secure approved Name Clearance from the official RJSC digital portal.
2. Charter Drafting: Formulate business object clauses in the MoA and management regulations in the AoA.
3. Statutory Filing: Submit digital application forms, subscriber declarations, and execute government fee challans.
4. Handover & Next Steps: Receive digitally certified incorporation certificate, Form XII, and initiate post-incorporation registrations.

Statutory Compliance & Delivery Timeline

Turnaround time is typically 5 to 7 working days following document finalization. Post-incorporation compliance requires obtaining an E-TIN, Trade License, and 13-digit VAT/BIN prior to opening a corporate bank account.