Private Limited Company (LTD) Formation in Bangladesh

A Private Limited Company (LTD) is a business entity that is owned by shareholders and managed by directors. It is one of the most popular forms of business entity in Bangladesh, as it offers a number of advantages, including limited liability and separate legal entity status.

Advantages of Private Limited Company

    • Limited liability
    • Separate legal entity
    • Easy to transfer ownership
    • Perpetual succession
    • Can raise capital from investors
    • Credibility

Disadvantages of Private Limited Company

    • More complex to set up and maintain than other forms of business entity
    • Minimum paid-up capital requirement of Tk. 10 lakh
    • Annual compliance requirements

Required Documents for Opening a Private Limited Company

    • Memorandum of Association (MOA)
    • Articles of Association (AOA)
    • Form I: Declaration of Compliance
    • Form II: Return of Particulars of Company
    • Form III: Notice of Situation of Registered Office
    • Form IV: Appointment of Director and Secretary
    • Form V: Consent to Act as Director
    • Form VI: Particulars of Directors
    • Form VII: Particulars of Secretary
    • Form IX: Declaration by First Secretary
    • Form X: Notice of Appointment of Auditor
    • Consent to Act as Auditor
    • Bank Solvency Certificate of the Directors
    • TIN Certificate of the Directors

Additional Services Offered by Right Solutions

    • Advice on the establishment and operation of a private limited company
    • Preparation of all necessary private limited company incorporation documents
    • Submission of private limited company incorporation documents to the Registrar of Joint Stock Companies and Firms (RJSC&F)
    • Follow-up with the RJSC&F to ensure that the private limited company is incorporated promptly
    • Assistance with other aspects of private limited company establishment, such as bank account opening and tax registration