Asked by
AL MaMun (4 Golds)
Friday, 06 Sep 2019, 07:24 AM
at (Consultancy
Business)
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Limited Company Formation At one stage of running a person-owned company, many turned it into a company to take some legal advantage. In order to form a company, you have to give it a name. In order to register the desired name, you must first obtain the name clearance or name clearance. After this, the registration will have to be completed following some procedure. The registration fee is fixed on the authorized capital. To do this for Dhaka region, you have to go to the registration office on the seven-storey floor of the TCB building of Caravan Bazar. This can be done in a traditional way and can also be done online using the Registration Office Kiosk. Dhaka Zone Registration Office: TCB Building (7th floor), Caravan Bazar, Dhaka-1224 Telephone + 1-12-6, 6 Fax: + 1-12-12 E-mail: rjsc@roc.gov.bd Website: http://www.roc.gov.bd Private Limited & Public Limited Company: Private Limited and Public Limited Company are more than similar. There is only one thing in common with these two holding companies - that is, the shareholder of such company depends on the liability of the company. If the company distributes the dividend, the shareholder receives the dividend in proportion to the number of shares he holds. Again, if there is a loss or debt, then the responsibility is to be proportional. No shareholder has to take full responsibility. There are some differences between a private and a public limited company: ০1. Number of shareholders: Private limited company has a minimum shareholder of two. And the maximum shareholder can be 5 people. To take more shareholders, the private limited company has to be converted into a public limited company. On the other hand, in the case of a public limited company, there should be a minimum of 5 shareholders. But the shareholder does not have the highest number. That is, following due process, any number of shares can be issued with the approval of the sector, especially the regulatory body. 02. Transfer of shares: Private Limited Company has some restrictions on the transfer and sale of shares, which are not the area of the public limited company. If a private shareholder of a private limited company wants to sell a share, he has to sell it to existing shareholders. However, shares can be sold or transferred to an outside person or company without their consent. On the other hand, the shareholders of the public limited company can sell their respective shares to anyone of their choice. ০3. Selling shares or bonds to the general public: Private Limited Company does not have this opportunity. That is, Private Limited Company cannot sell any kind of securities, including shares and debentures and bonds to the public. Public Limited Company may sell shares and bonds to the public following legal process. Process: The company will have to offer three possible name proposals with the registration fee to the registrar. Names that have not been registered before will be found. A list of names can be viewed from the site http://www.roc.gov.bd. After approving the name, the union rules and the association memorandum have to be signed before the two witnesses. Bangladesh Bank has to deposit the money through Treasury invoice so that the rules and memorandum of this association have to be specially stamped. The amount of money is determined on the basis of authorized capital. - If the company is a private company, the stamped union, three copies of the memorandum and the consortium will have to submit the photocopy of invoices related to the purchase of special stamps. In addition to these papers in the form of a Public Limited Company, alternative statements of prospectus, declaration of commencement of business and special case form 1 have to be submitted. - The Registrar of Joint Stock Companies and Farms oversees the ownership and listing of companies. In addition to the registration of private, public and foreign companies, registration of commercial companies and jointly owned companies is done here. Name Clearance: To get approval for the proposed name or to get the name clearance, there is a fee of 1 taka per name. Rules for putting extra stamps on stamps worth 5 rupees: Capital amount is the amount of money Up to 1 lakh Tk 2,00 From 1 lakh one taka to 1 crore taka 5,7 5 crore for any number above 5 crore Registration fee A total of six papers are to be submitted, five completed forms and one union memorial. For each paper, you need to deposit a total of Tk. Answered by AL MaMun (4 Golds) Friday, 06 Sep 2019, 09:09 AM |