NAME CLEARANCE
- Name Clearance (NC) is a pre-requisite for registration of a new entity other than Foreign Company (Liaison or Branch office).
- The promoters of a new entity other than Foreign Company (Liaison or Branch office) need to apply for and get name clearance for the entity prior to applying for registration
- The promoters submit Online NC application
- The promoters pay NC application fee to the designated RJSC office counter.
- On receipt of a NC application and fees, RJSC provides name clearance for one of the proposed name for the new entity upon satisfaction that it does not closely match or resembles with any of the already taken names (registered, booked or under the process of registration of the same entity type).
- Only one (1) name is cleared from among the proposed names for a new entity in one NC application.
- The name clearance remains valid for thirty (30) days from the date of issue.
- The promoters need to apply for registration of the cleared name within the validity (as stated above) of name clearance.
- NC is not required for registration of a Foreign Company (Liaison or Branch office)
Documents Constituting a NC Application
- Online NC application
- Minutes of the 1st General Meeting of the promoters (for company only).
REGISTRATION
- The promoters of a new entity (having name clearance, where applicable) apply for registration with necessary documents, prescribed forms & schedules, stamps and fees, as appropriate to the entity type. The promoters -
- prepare Memorandum/Articles of Association, forms & schedules etc., as appropriate to the entity type.
- collect necessary special adhesive stamps, where applicable, from treasury by depositing money through treasury challan in Bangladesh Bank (treasury officials affix the stamps on the
Memorandum and Articles of Association and put seals & signature on the stamps).
- submit the registration application in the designated RJSC office.
- pay the registration fee at the designated RJSC office counter.
- RJSC issues a ‘Certificate of Incorporation’ upon satisfaction that the promoters-
- obtained name clearance of the proposed entity (not applicable for Foreign Companies and Partnership Firms) prior to the registration application.
- submitted the registration application within the validity period of the name clearance (not applicable for Foreign Companies and Partnership Firms).
- prepared and submitted the Memorandum & Articles of Association, prescribed forms and schedules etc., as applicable.
- provided applicable stamps and fees.
Documents Constituting a Registration Application
PRIVATE COMPANY (Companies Act, 1994)
- Memorandum & Articles of Association, original + 2 copies
- Filled in Form I: Declaration on Registration of Company [Section 25].
- Filled in Form VI: Notice of Situation of Registered Office and of Any Change therein [Section 77].
- Filled in Form IX: Consent of Director to act [Section 92].
- Filled in Form X: List of Persons Consenting to be Directors [Section 92]
- Filled in Form XII: Particulars of the Directors, Manager and Managing Agents and of any change therein [Section 115]
- Evidence of Name Clearance.
- Special Adhesive Stamps and Treasury Challan from Bangladesh Bank to Treasury (photocopy) of Collecting the Stamps
PUBLIC COMPANY (Companies Act, 1994)
- Memorandum & Articles of Association, original + 2 copies
- Filled in Form I: Declaration on Registration of Company [Section 25].
- Filled in Form VI: Notice of Situation of Registered Office and of Any Change therein [Section 77].
- Filled in Form IX: Consent of Director to act [Section 92].
- Filled in Form X: List of Persons Consenting to be Directors [Section 92]
- Filled in Form XII: Particulars of the Directors, Manager and Managing Agents and of any change therein [Section 115]
- Filled in Form XIV: Declaration before Commencing Business in case of Company Filing Statement in lieu of Prospectus [Section 150]
- Filled in Form XI (if necessary): Agreement to Take Qualification Shares in Proposed Company [Section 92].
- Evidence of Name Clearance
- Special Adhesive Stamps and Treasury Challan from Bangladesh Bank to Treasury (photocopy) of Collecting the Stamps
FOREIGN COMPANY (Companies Act, 1994)
- Filled in Form XXXVI - Charter or Statutes or Memorandum and Articles of the Company or Other Instrument Constituting or
Defining the Constitution of the Company.
- Filled in Form XXXVII – Notice of the Address of the Registered or Principal Office of the Company.
- Filled in Form XXXVIII - List of Directors and Managers [Section 379].
- Filled in Form XXXIX – Return of Persons Authorized to Accept Service [Section 379].
- Filled in form XLII: Notice of Situation of the Principal Place of Business in Bangladesh or of any Change therein [Section 379 (I)].
- Encashment Certificate Obtained From any Scheduled Bank.
- Permission from Board of Investment of Bangladesh.
TRADE ORGANIZATION (Companies Act, 1994)
- Memorandum and Articles of Association, original + 2 copies.
- Filled in Form I: Declaration on Registration of Company [Section 25].
- Filled in Form VI: Notice of Situation of Registered Office and of any Change therein [Section 77].
- Filled in Form IX: Consent of Director to act [Section 92].
- Filled in Form X: List of Persons Consenting to be Directors [Section 92].
- Filled in Form XII: Particulars of the Directors, Manager and Managing Agents and of any change therein [Section 115].
- Government License (Trade License from the Ministry of Commerce).
- Evidence of Name Clearance.
- Special adhesive stamps and Treasury Challan from Bangladesh Bank to Treasury (photocopy) of Collecting the Stamps.
SOCIETY (Societies Registration Act, 1860)
- Memorandum of Association
- Evidence of Name Clearance.
PARTNERSHIP FIRM (Partnership Act, 1932)
- Filled in FORM- I: Statement Containing the Particulars of the Firm for Registration.
- Deed of Agreement on Partnership.
RETURNS FILING
- Registered entities are to file to RJSC documents pertinent to management /operation of the respective entity in prescribed Forms and Schedules (called Returns Filing).
- There are two (2) types of Returns Filing, viz., a) Annual Returns Filing and b) Returns Filing for any change in an entity=
- Entities submit returns for filing at RJSC.
- Entities pay filing fee and late filing fee (if applicable) to RJSC counter
- RJSC scrutinizes returns.
- In case of any incomplete/incorrect submission, RJSC notifies the entity for remedial measures.
- RJSC archives approved returns.
Returns to be Submitted
PRIVATE COMPANY (Companies Act, 1994)
Private companies are to submit the following returns for filing.
- Annual Returns
- Schedule X - Annual summary of share capital and list of shareholders, Directors: to be filed within 21 days of AGM [Section 36].
- Balance Sheet: to be filed within 30 days of AGM
- Profit & Loss Account: to be filed within 30 days of AGM
- Form 23B – Notice by Auditor: to be filed within 30 days of receiving appointment information from the company [Section 210 (2)].
- Returns for Change
- Filled in Form III - Notice of consolidation, division, subdivision or conversion into stock of shares: to be filed within 15 days of consolidation and division etc. [Section 53 & 54].
- Filled in Form IV - Notice of increase share capital: to be filed within 15 days of increase of share capital/member [Section 56].
- Filled in Form VI - Notice of situation of Registered Office and of any change therein: to be filed within 28 days of establishment or change [Section 77].
- Filled in Form VIII – Special Resolution/ Extraordinary Resolution including name change, conversion into public company, alteration of the memorandum of association, alteration of articles of association etc : to be filed within 15 days of the meeting [Section 88 (1)].
- Filled in Form IX - Consent of Director to act: to be filed within 30 days of appointment [Section 92].
- Filled in Form XII - Particulars of the Directors, Manager and Managing Agents and of any change therein: to be filed within 14 days from the date of appointment or change [Section 115].
- Filled in Form XV - Return of allotment: to be filed within 60 days of allotment [Section 151].
- Filled in Form XVIII - Particulars of mortgages or charges: to be filed within 21 days of creation of the mortgage or charge [Section 159 & 391].
- Filled in Form XIX - Particulars of Modification of Mortgage or Charge: to be filed within 21 days of the date modification [Section 167(3) & 319].
- Filled in Form XXVIII - Memorandum of satisfaction of mortgage charge: to be filed within 21 days of the date satisfaction [Section 12 & 391].
- Filled in Form 117 - Instrument of Transfer of Shares.
- Digital copy of original Memorandum & Articles of Association
PUBLIC COMPANY (Companies Act, 1994)
Public companies are to submit the following returns for filing.
- Annual Returns
- Schedule X - Annual summary of share capital and list of shareholders, Directors: to be filed within 21 days of AGM [Section 36].
- Balance Sheet: to be filed within 30 days of AGM
- Profit & Loss Account: to be filed within 30 days of AGM
- Form 23B – Notice by Auditor: to be filed within 30 days of receiving appointment information from the company [Section 210 (2)].
- Filled in Form IX - Consent of Director to act: to be filed within 30 days of appointment [Section 92]
- Filled in Form XII - Particulars of the Directors, Manager and Managing Agents and of any change therein: to be filed within 14 days from the date of appointment or change [Section 115].
- Returns for Change
- Filled in Form III - Notice of consolidation, division, subdivision or conversion into stock of shares: to be filed within 15 days of consolidation and division etc. [Section 53 & 54].
- Filled in Form IV - Notice of increase share capital: to be filed within 15 days of increase of share capital/member [Section 56].
- Filled in Form VI - Notice of situation of Registered Office and of any change therein: to be filed within 28 days of establishment or change [Section 77].
- Filled in Form VII – Statutory report: to be filed after sending copy of the statutory report to the members not less than 21 days before meeting [Section 83].
- Filled in Form VIII – Special Resolution/ Extraordinary Resolution including name change, conversion into public company, alteration of the memorandum of association, alteration of articles of association etc : to be filed within 15 days of the meeting [Section 88 (1)].
- Filled in Form IX - Consent of Director to act: to be filed within 30 days of appointment [Section 92].
- Filled in Form XII - Particulars of the Directors, Manager and Managing Agents and of any change therein: to be filed within 14 days from the date of appointment or change [Section 115].
- Filled in Form XV - Return of allotment: to be filed within 60 days of allotment [Section 151].
- Filled in Form XVIII - Particulars of mortgages or charges: to be filed within 21 days of creation of the mortgage or charge [Section 159 & 391].
- Filled in Form XIX - Particulars of Modification of Mortgage or Charge: to be filed within 21 days of the date modification [Section 167(3) & 319].
- Filled in Form XXVIII - Memorandum of satisfaction of mortgage charge: to be filed within 21 days of the date satisfaction [Section 12 & 391].
- Filled in Form 117 - Instrument of Transfer of Shares.
- Prospectus for issue of shares: to be filed at least 3 days before the 1st allotment of share or debenture [Section 141].
- Prospectus following conversion of Private company into Public company [Section 231].
- Digital copy of original Memorandum & Articles of Association
FOREIGN COMPANY (Companies Act, 1994)
- Annual Returns
- Balance sheet
- Profit & loss account or income or expenditure account (if not trading for profit).
- Returns for Change
- Filled in form XL: Notice of alteration in charter, etc. [Section 277].
- Filled in form XLI: Notice of alteration in the address of the registered or principal office of company [Section 277].
- Filled in form XLII: Notice of situation of the principal place of business in Bangladesh or of any change therein [Section 379 (I)]
- Filled in form XXXVIII: List of Directors and Managers [Section 379]
- Filled in form XXXIX: Return of persons authorized to accept service [Section 379].
- Filled in Form XVIII - Particulars of mortgages or charges: to be filed within 21 days of creation of the mortgage or charge [Section 159 & 391]
- Filled in Form XIX - Particulars of Modification of Mortgage or Charge: to be filed within 21 days of modification [Section 167(3) & 319]
- Filled in Form XXVIII - Memorandum of satisfaction of mortgage charge: to be filed within 21 days of satisfaction [Section 12 & 391]
- Digital copy of original Memorandum & Articles of Association
TRADE ORGANIZATION (Companies Act, 1994)
- Annual Returns
- Filled in Form IX - Consent of Director to act: to be filed within 30 days of appointment [Section 92]
- Filled in Form XII - Particulars of the Directors, Manager and Managing Agents and of any change therein: to be filed within 14 days from the date of appointment or change [Section 115].
- Balance Sheet: to be filed within 30 days of AGM
- Income and Expenditure Account
- Returns for Change
- Filled in Form VI - Notice of situation of registered office and of any change therein: to be filed within 28 days of establishment or change [Section 77].
- Filled in Form IX - Consent of Director to act: to be filed within 30 days of appointment [Section 92].
- Filled in Form XII - Particulars of the Directors, Manager and Managing Agents and of any change therein: to be filed within 14 days from the date of appointment or change [Section 115].
- Filled in Form XVIII - Particulars of mortgages or charges: to be filed within 21 days of creation of the mortgage or charge [Section 159 & 391].
- Filled in Form XIX - Particulars of Modification of Mortgage or Charge: to be filed within 21 days of modification [Section 167(3) & 319].
- Filled in Form XXVIII - Memorandum of satisfaction of mortgage charge: to be filed within 21 days of satisfaction [Section 12 & 391]
- Digital copy of original Memorandum & Articles of Association
SOCIETY (Societies Registration Act, 1860)
- Annual Returns
- Annual list of Managing Body: to be filed within 14 days of AGM or in January if the rules do not provide for an AGM.
- Returns for Change
- Filing of Change of Address
- Filing of Alteration of Name
- Filing of Alteration of Name
PARTNERSHIP FIRM (Partnership Act, 1932)
- Returns for Change
- Filled in Form II – Notice of alteration of name or principal place of business of the firm.
- Filled in Form V – Intimation for recording of changes in the constitution of a firm [Section 63 & Rule 4 (6)].
- Filled in Form VI – Notice of intimation for dissolution of the partnership firm [Section 63 (1) & Rule (6)]
ISSUANCE OF CERTIFIED COPIES
- RJSC is the sole authority that keeps records of all registered entities (companies, trade organizations, societies and partnership firms).
- Any one can apply for certified copy of any of such records of an entity
- However, the profit & loss account of a company is not open to all. Only authorized personnel of the respective company can apply for it.
-
On receipt of an application and requisite stamp & fee, RJSC issues certified copy of the records applied for.
Documents Constituting an Issuance of Certified Copies Application
- One applies for certified copy of record (s) in a prescribed form
Documents for which certified copies are issued
PRIVATE COMPANY (Companies Act, 1994)
- Identified by unique nature
- Articles of Association or part thereof
- Memorandum of Association or part thereof
- Certificate of incorporation
- Declaration on registration of company
- List of persons consenting to be directors (1st Directors)
- Identified by the applicable year
- Annual summary of share capital and list of shareholders, Directors
- Balance Sheet
- Profit & Loss Account (only to the authorized person of the respective company)
- Notice by Auditor
- Identified by the effective date
- Notice of consolidation, division, subdivision or conversion into stock of shares
- Notice of increase of share capital
- Notice of situation of registered office and of any change therein
- Special Resolution/Extraordinary Resolution
- Consent of director to act
- Particulars of the Directors, Manager and Managing Agents and of any change therein
- Return of allotment
- Particulars of mortgage or charges
- Particulars of modification of mortgage or charge
- Memorandum of satisfaction of mortgage charge
- Instrument of Transfer of Share
- Alteration of Memorandum of Association
- Alteration of Articles of Association
- Name change
- Conversion of private company into public company
- Certificate of Registration of mortgage or charge
- Certificate of Registration of modification of mortgage or charge
- Certificate of Registration of satisfaction of mortgage or charge
- Struck off certificate
- Wound up certificate
PUBLIC COMPANY (Companies Act, 1994)
- Identified by unique nature
- Articles of Association or part thereof
- Memorandum of Association or part thereof
- Certificate of incorporation
- Certificate of commencement of Business
- Declaration on registration of company
- Statutory report
- List of persons consenting to be directors (1st Directors)
- Agreement to take qualification shares in proposed company
- Prospectus following conversion of Private company into Public company
- Identified by the applicable year
- Annual summary of share capital and list of shareholders, Directors
- Balance Sheet
- Notice by Auditor
- Profit & Loss Account (only to the authorized person of the company)
- Identified by the effective date
- Notice of consolidation, division, subdivision or conversion into stock of shares
- Notice of increase of share capital
- Notice of situation of registered office and of any change therein
- Special Resolution/Extraordinary Resolution
- Consent of director to act
- Particulars of the Directors, Manager and Managing Agents and of any change therein
- Return of allotment
- Particulars of mortgage or charges
- Particulars of modification of mortgage or charge
- Memorandum of satisfaction of mortgage charge
- Instrument of Transfer of Share
- Prospectus for issue of shares
- Alteration of Memorandum of Association
- Alteration of Articles of Association
- Name change
- Conversion of public company into private company
- Certificate of Registration of mortgage or charge
- Certificate of Registration of modification of mortgage or charge
- Certificate of Registration of satisfaction of mortgage or charge
- Struck off certificate
- Wound up certificate
FOREIGN COMPANY (Companies Act, 1994)
- Identified by unique nature
- Charter or Statutes or Memorandum and Articles of the company or other instrument constituting or defining the constitution of the company.
- Registration Certificate
- Identified by the applicable year
- Balance Sheet
- Profit & loss account or income or expenditure account (if not trading for profit)
- Identified by the effective date
- Particulars of mortgage or charges
- Particulars of modification of mortgage or charge
- Memorandum of satisfaction of mortgage charge
- Notice of the address of the registered or principal office of the company.
- List of Directors and Managers.
- Return of Persons Authorized to accept service.
- Notice of alteration in charter, etc.
- Notice of alteration in the address of the registered or principal office of company.
- Notice of situation of the principal place of business in Bangladesh or of any change therein.
- Certificate of Registration of modification of mortgage or charge
- Certificate of Registration of satisfaction of mortgage or charge
- Struck off certificate
- Wound up certificate
TRADE ORGANIZATION (Companies Act, 1994)
- Identified by unique nature
- Articles of Association or part thereof
- Memorandum of Association or part thereof
- Declaration on registration of Company
- List of Persons consenting to be directors
- Government License (Trade License from MOC )
- Certificate of incorporation
- Identified by the applicable year
- Balance Sheet
- Income and Expenditure Account
- Identified by the effective date
- Notice of situation of Registered Office and of any change therein
- Consent of Director to act
- Particulars of the Directors, Manager and Managing Agents and of any change therein
- Alteration of Memorandum of Association
- Alteration of Articles of Association
- Name change
- Certificate of Registration of mortgage or charge
- Certificate of Registration of modification of mortgage or charge
- Certificate of Registration of satisfaction of mortgage charge
- Struck off certificate
- Wound up certificate
SOCIETY (Societies Registration Act, 1860)
- Identified by unique nature
- Memorandum of Association
- Registration Certificate
- Identified by the applicable year
- Annual list of Managing Body
- Identified by the effective date
- Address
- Alteration of the Memorandum
- Name change
PARTNERSHIP FIRM (Partnership Act, 1932)
- Identified by unique nature
- Statement containing the particulars of the firm for Registration
- Notice of intimation for dissolution of the partnership firm
- Registration Certificate
- Deed of Agreement on partnership
- Identified by the effective date
- Notice of alteration of name or principal place of business of a firm
- Intimation for recording of changes in the constitution of a firm