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- Dhaka, Bangladesh
Company Lawyer in Bangladesh
Bangladesh is an emerging economy in the world, and that’s why many local and international entrepreneurs are willing to set up a company in Bangladesh. Still, many local and international companies are running their business in the market. And these companies need a solid solution to their legal problems.
Near all kinds of companies from small to big, everyone needs assistance from an experienced company lawyer to run their business smoothly without facing any complications. In these circumstances, our law firm ‘Legal Expert’ is here to help you.
Our law firm ‘Legal Expert’ is a completely professional law firm in Dhaka, Bangladesh where some talented lawyers are ready to assist you with any kind of legal problem so you can run your business trouble-free. Furthermore, our company lawyers are highly experienced in dealing with company-related problems and litigation.
Why Do You Need an Experienced Lawyer for Your Company?
A company lawyer is highly experienced in business legal affairs and plays a crucial role in ensuring the business operation within the legal framework. In addition, a company lawyer helps the company to solve business-related problems and litigation. Finally, a company lawyer helps protect the company’s interests and mitigates potential risks.
More or less, every company has its own company lawyer who solves the company’s serious and minor issues. We have some talented and highly skilled company lawyers in our firm Legal Expert. If you chose us, we are ready to apply our expertise to solve your problems.
We have more than 10 years of extensive legal expertise in company affairs. The law firm Legal Expert’s corporate wing is highly experienced in company secretarial work, such as all kinds of drafting and submission at RJSC. In addition, we have expertise in winding up, merger & acquisition, startup, new business setup, foreign investment, and joint venture.
The Legal Expert is proudly contributing to the corporate sector in Bangladesh and successfully executed over 150 company incorporations and submitted more than 400 returns at RJSC.
What are the duties of a Company Lawyer in Bangladesh?
A company lawyer or legal advisor mainly solves the problems related to the legal affairs of a company or business. In fact, the company lawyer plays a crucial role for a company so the companies hire the company lawyer or legal advisor in Bangladesh to be safe from any legal complication. Our law firm has a number of lawyers to provide the best legal advice and legal solutions for company matters.
Legal Advisory and Compliance
Company lawyer advises on the Bangladeshi legal landscape, including the Companies Act 1994, labor laws, taxation, and other relevant regulations. Company lawyers ensure the management of the concerned company complies with all local laws and regulatory requirements, including the Registrar of Joint Stock Companies and Firms (RJSC), the Bangladesh Securities and Exchange Commission (BSEC), and other regulatory organizations.
Contractual Agreements
The contractual agreement is a crucial part of any company. So, an experienced company lawyer helps you to accomplish your contract drafting in case of business partnerships, supplier contracts, and employment agreements depending on Bangladeshi law. Our expert lawyer helps you negotiate with local and international parties, ensuring contracts are legally sound and enforceable under Bangladeshi law.
Corporate Governance
Our expert lawyer ensures the corporate governance practices of the board directors are in line with the Companies Act 1994 and BSEC guidelines. In addition, we provide advice for filing statutory documents with the RJSC, such as annual returns and financial statements.
Dispute Resolution and Litigation
The Legal Expert’s corporate wing works to solve the legal disputes in local courts on behalf of the company as well as striving enough to solve the legal issues through arbitration and mediation, focusing on commercial, employment, and contract law. In addition, we work towards out-of-court settlements to avoid lengthy litigation processes, which can be particularly beneficial to the companies than the slow judicial process in Bangladesh.
Mergers and Acquisitions (M&A)
Mergers and acquisitions are crucial parts of any company where an expert company lawyer plays a vital role in favor of the company’s interest. Legal Expert conducts due diligence during mergers, and acquisitions, ensuring compliance with Bangladeshi laws. The company lawyer ensures the legal and regulatory approval in structuring merger and acquisition transactions.
Regulatory Compliance
Corporate lawyers are always aware of changes in local laws like tax laws, environmental laws, and industry-specific regulations and stay updated on the companies. The ‘Legal Expert‘ also develops internal policies of a company to ensure ongoing compliance with the evolving legal landscape in Bangladesh.
Employment Law
Today, it has been seen disputes between companies and employees. There is a crying need for a good company lawyer to reduce the dispute between the two parties. A good corporate lawyer helps the company comply with sections of the Bangladesh Labor Act, 2006, including matters of employee contracts, workplace safety, dispute resolution, wrongful termination, wage issues, and discrimination.
Intellectual Property (IP) Management
In recent years, infringement of intellectual property rights has arisen in vast. Our company expert lawyer is here to help the company with the registration of trademarks, patents, and copyrights in Bangladesh, ensuring the legal protection of the company’s intellectual property.
Taxation and Financial Legalities
It is a very important part of any company in Bangladesh because your company’s profit largely depends on taxation. Our company lawyer can save money with proper planning and a secure way of ensuring compliance with local tax laws, including VAT, corporate income tax, and customs duties, and liaising with the National Board of Revenue (NBR). Furthermore, we provide advice on compliance with the financial regulations issued by the Bangladesh Bank and other relevant authorities.
Crisis Management
We always stand out in favor of company in the crisis moments and strive to manage the legal aspects of crises such as regulatory investigations, industrial disputes, or significant breaches of law. We work with the company’s PR team to manage the legal communications during crises, ensuring alignment with Bangladeshi legal norms and public expectations.
Environmental and Social Governance (ESG):
The Legal Expert here gives advice to the company about environmental laws and corporate social responsibility requirements in Bangladesh as the company follows its obligations under local and international standards.
Company Formation Process in Bangladesh
If you want to establish a company in Bangladesh, you have to follow some steps and guidelines. Formation of a company in Bangladesh is very easy, but some officials in Bangladesh could make it trouble for you. So, it is better to depend on some expert to execute the formation of a company in Bangladesh.
Choose a Company Name
The first step is to choose a unique company name; the name should not be identical or too similar to any existing company’s name. Then verify the availability of the chosen name with the Registrar of Joint Stock Companies and Firms (RJSC).
Directors
More than two directors are needed to form the company in Bangladesh. The directors can be either local or foreign individuals, they must be 18 years old, free from any crime, not convicted, and free from bankruptcy.
Shareholders
A private company has 2 to 50 shareholders who may be individuals, or legal entities, including other companies. In addition, shareholders and directors can be the same or different persons.
Capital
Now, you need to input how much capital are you going to invest in your company. And fixed the paid-up capital, and authorized capital, and defined what of them are shares and others.
Address
Then provide the registered office address with the form IX for the company which you want to register with the Registrar of Joint Stock Companies and Firms (RJSC).
Memorandum
Now, you have to prepare the necessary documents relating Memorandum of Association (MoA and Articles of Association (AoA) where you have to define all the company objectives, rules, internal regulations, and management of the company.
Open a Bank Account
Open a temporary bank account in the proposed company’s name deposit the required capital and receive a bank encashment certificate as proof of capital.
Submit Documents at RJSC
Now, submit all the prepared documents to the Registrar of Joint Stock Companies and Firms (RJSC) and pay the required registration fees. Then RJSC will review the submitted documents and after approval, it will issue a Certificate of Incorporation.
Obtain Trade License
Apply for a trade license from the local city corporation or municipality where the business is situated which will give you the right to legally carry out business activities.
TIN & VAT
Obtain a Tax Identification Number (TIN) and VAT Registration Certificate from the National Board of Revenue (NBR).
Why We Are Right Fit As Your Company Lawyer?
It is a very important task for a company to choose the right lawyer because a lawyer could be a cause of your company’s growth and loss. You should confirm that your company lawyers have the right blend of expertise, experience, and dedication to meet your business’s legal needs. Here are some reasons, why you should choose us as your company lawyer:
Comprehensive Expertise
Our law firm Legal Expert has extensive knowledge in various fields like corporate law, contract law, intellectual property, employment law, and regulatory compliance. In addition, we understand the unique challenges and regulations of different industries and we are capable of providing solid legal solutions that align with your business objectives. In this way, you will get all your legal needs under one roof.
Proactive Legal Support
We are experienced in identifying potential risks and providing strategies to mitigate them. In addition, we provide advice to avoid costly disputes and ensure your business remains compliant with all relevant laws and regulations. We also work with the management team to integrate legal considerations into your business strategy which can protect your business and enhance potential growth.
Efficient & Cost-Effective Solutions
We offer competitive and transparent billing practices, as you receive top-notch legal services without unexpected costs. Our flexible fee structures are designed to meet the financial needs of your business.
Strong Advocacy
In case of negotiating a contract, resolving a dispute, or facing litigation, we provide strong and effective representation on behalf of you to protect your interests. Our lawyers are highly skilled negotiators so you will get the best possible terms in any business deal or dispute resolution.
Efficiency in RJSC Law
RJSC is a very important organization for any company so a company lawyer should have a complete idea about RJSC. We firmly declare that our company lawyers are highly skilled in RJSC and ready to help you in matters of RJSC. As we are experienced and well-known about RJSC rules and regulations, by having with us, you can minimize the risk of errors and save your time.
Long Term Partnership
In fact, we believe in a long-term relationship with our clients. So, will serve you as our best-experienced lawyer not only once but for a lifetime. We always work for the best experience with our clients and build a long-term partnership. Finally, as a law firm we believe, your success is our success and are determined to support you throughout your journey.
Proven Track Record
Legal Expert has a strong track record of successfully assisting a huge number of small or big companies to achieve their legal and business goals. Indeed, we focus on building long-term relationships with our clients, and many of our clients have trusted us for their legal needs for years.
Local Expertise with Global Reach
We have a comprehensive knowledge of Bangladeshi law so we understand the local legal landscape and court environment, ensuring your company is compliant with all local requirements. Our global network of legal professionals is ready to provide you.
Choosing the right company lawyer is a critical decision for your business. Having expertise, dedication, and a client-focused approach, we are confident that we can provide the comprehensive legal support that you need to succeed.
Finally, we are committed to providing you an excellent legal support in case of company-related issues in Bangladesh.