Establishing a company in Bangladesh involves various costs and steps. The overall company formation cost encompasses different elements, such as Bangladesh company registration fees, incorporation charges, and legal fees associated with the process. Registration costs cover expenses related to the formal registration of the company, including documentation and government fees. Business setup expenses extend beyond initial fees and may include ongoing operational costs like office space and employee salaries.
The incorporation process in Bangladesh is a series of steps, including name reservation, document preparation, submission to regulatory bodies, and approval acquisition. Corporate registration expenses refer to the collective costs incurred throughout this process. Furthermore, obtaining a business license in Bangladesh involves specific fees and compliance with regulatory requirements.
Contents
What is the cost of company formation in Bangladesh?
Many Clients ask this question: what is the company formation cost in Bangladesh? To provide this information, we are writing this article.
Comprehensive overview of the company formation process in Bangladesh, delineating the associated costs and procedural steps involved. It delineates three primary cost categories: government costs for private limited companies, paid-up capital costs, and lawyer & miscellaneous costs. Specific government fees are elucidated, contingent upon the authorized capital, and the requisite minimum paid-up capital for both local and foreign-owned companies is underscored.
Cost For Company Formation in Bangladesh
An entrepreneur can form a company in Bangladesh by following The Company Act, 1994 guidelines. The Registration process of a company is dealt with by the Registrar of Joint Stock Companies and Firms (RJSC). The cost of company formation varies according to the company’s categories. The cost of company formation in Bangladesh can be classified into 3 (three) types.
- Government Cost for Private Limited Company
- Paid up Capital Cost
- Lawyer & Miscellaneous Cost
Government Cost for Private Limited Company
The government cost means the amount payable by the government for acquiring the registration of a company. It will depend upon the authorized capital of the company. A Government organization, The Registrar of Joint Stock Companies and Firms (RJSC), permits the company’s registration. As per RJSC, The government fee will be BDT 3950 for authorized capital up to BDT 10 00,000; if the authorized capital is BDT 50 00000, the government fee will be BDT 38220.
The government fee can be calculated by using the following web address.
Paid-up Capital
Paid-up Capital is the amount of money a company has received from shareholders in exchange for shares of stock. Paid-up capital, also known as share capital, can be increased at any time after the company’s incorporation. So, the paid-up capital is one of the significant costs of forming a company.
The minimum paid-up capital for registration of a Bangladeshi Private Limited company is Taka 1 (local) and USD 50000 for a foreign-owned company. Do you want to know these questions? Please feel free to call us at the number below or email us.
- Company Registration Fees Bangladesh
- Incorporation Costs in Bangladesh
- Formation Charges for Companies in Bangladesh
- Setup Expenses for Business in Bangladesh
- Registration Charges for Companies in Bangladesh
- Cost of Establishing a Company in Bangladesh
- Fees for Starting a Business in Bangladesh
- Legal Fees for Company Formation in Bangladesh
- Expenses for Incorporating a Company in Bangladesh
- Initial Investment for Company Registration in Bangladesh
Lawyer & Miscellaneous Cost
There is no fixed fee for this cost segment of lawyer and miscellaneous. It varies according to the particular needs of the clients.
The Barristers, Advocates, and lawyers at CLP in Gulshan, Dhaka, Bangladesh, are highly experienced at assisting clients through the entire process and legal provisions relating to the Formation of a company in Bangladesh.
For any queries or legal assistance, please reach us at
- Email: info@counselslaw.com
- Phone:+8801700920980. +8801947470606.
- Address: Jamila Villa, Flat No. C-2, House- 4/A/1(3rd Floor), Road 2, Gulshan-1, Dhaka-1212.
Frequently Asked Questions and Answers
Q: What are the main types of costs in company formation in Bangladesh?
A: Government Costs, Paid-up Capital Costs, and Lawyer & Miscellaneous Costs.
Q: How is government cost determined for private limited company registration?
A: It depends on authorized capital, ranging from BDT 3950 to BDT 38,220.
Q: What is the minimum paid-up capital for a Bangladeshi Private Limited company?
A: Taka 1 for local companies, and USD 50,000 for foreign-owned companies.
Q: Are there specific fees for company registration in Bangladesh?
A: Yes, including government fees, paid-up capital costs, and legal fees.
Q: What do the lawyer and miscellaneous costs cover?
A: Legal assistance and advisory services, with variable fees.
Q: How to contact for legal assistance in company formation in Bangladesh?
- Email: info@counselslaw.com,
- Phone: +8801700920980, +8801947470606
- Address: Jamila Villa, Flat No. C-2, House- 4/A/1(3rd Floor), Road 2, Gulshan-1, Dhaka-1212.
