Best Corporate & Commercial Lawyers in Bangladesh

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Counsels Law Partners (CLP)
Dhaka, Bangladesh

Founded in 2016
50 people in their team
Bengali
English
Corporate & Commercial Business Registration Contract +9 more
About Counsels Law PartnersCounsels Law Partners (CLP) is a full service international law firm with its head office in Dhaka, Bangladesh. Further, it also has branches in Chittagong and Sylhet. It is one of the best reviewed law chambers in Bangladesh. The CLP team is a blend of UK trained...
PREMIUM LEGAL AND CONSULTANCY FIRM

PREMIUM LEGAL AND CONSULTANCY FIRM

15 minutes Free Consultation
Dhaka, Bangladesh

Founded in 2021
3 people in their team
English
Bengali
Our heartiest welcome goes to you. Let us allow to introduce ourselves. PREMIUM LEGAL AND CONSULTANCY FIRM is a full service law chambers where we work to ensure justice for our respected clients. We are located at Khilgaon in Dhaka, which is very close to the National Board of Revenue and...
ADVOCACY LEGAL

ADVOCACY LEGAL

15 minutes Free Consultation
Dhaka, Bangladesh

Founded in 2012
20 people in their team
English
About UsOur heartiest welcome goes to you. Let us allow to introduce ourselves. ADVOCACY LEGAL is a full-service law firm in Bangladesh, which is located very close to the Hazrat Shahjalal International Airport in Dhaka, Bangladesh. As a result of being a full-service law firm, one can get complete...
Tobarrak Law Chamber

Tobarrak Law Chamber

15 minutes Free Consultation
Dhaka, Bangladesh

Founded in 2018
4 people in their team
English
Bengali
Tobarrak Law Chamber is a law firm in Bangladesh with an international clientele. From Bangladesh to England, Saudi Arabia to Hungary, Ireland to Canada, Australia to Scotland, Singapore to the UAEโ€”and beyondโ€”we serve clients across borders with locally grounded, globally informed legal...
Primus Legal (Law Firm)
Dhaka, Bangladesh

Founded in 2011
50 people in their team
Bengali
English
Our MissionOur aim is to satisfy our clients through a deep understanding of their needs, their businesses, and their industries, and by providing excellent, responsive, and innovative service. Our experience tells this style leads to a close working relationship between a client and a lawyer.Our...
Rahman's Chambers
Dhaka, Bangladesh

Founded in 2006
50 people in their team
Bengali
English
About Rahman's ChambersRahmanโ€™s Chambers was founded by Mr. Mohammed Forrukh Rahman in 2006 following his family tradition that dates back to 1920s all the way to his grandfather, late Mr. Shamsuddin Ahmed.Mr. Ahmed graduated from Calcutta University in 1924, was awarded by Bangladesh Bar Council...

Founded in 2000
50 people in their team
Bengali
English
ABOUT USSyed Ishtiaq Ahmed & Associates (SIA&A) is a leading law firm in Dhaka, Bangladesh.  SIA&A is the Chambers and law firm established by the Late Mr. Syed Ishtiaq Ahmed, a barrister and senior advocate of the Appellate Division of the Supreme Court of Bangladesh. Mr. Ahmed...
JURAL ACUITY
Dhaka, Bangladesh

Founded in 2015
50 people in their team
Bengali
English
About UsJural Acuity is a full-service law firm in Dhaka with a specialization in Corporate, Commercial, and Investment related legal practices. The main area of Practice of the Firm in Corporate Law, Commercial Documentations, Foreign Direct Investment, Labour Laws, Commercial Litigation, Energy...

Founded in 1970
50 people in their team
Bengali
English
SALAMAZIZ is a law chambers primarily based in Dhaka. The law chambers was founded by Mr. Shah Azizur Rahman, Advocate Supreme Court of Bangladesh who had provided legal services to national and international clients since early 1970s. Today the chambers is managed by his daughter Barrister...
The Legal Circle
Dhaka, Bangladesh

Founded in 2008
50 people in their team
Bengali
English
The Legal Circle is a firm of barristers, advocates and legal consultants specializing in representing clients in Bangladesh on both domestic and international legal matters. Bringing together a team of experienced lawyers, several of whom have previously worked at leading law firms in Bangladesh...
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About Corporate & Commercial Law in Bangladesh

Corporate and commercial law in Bangladesh is a dynamic field that governs how businesses are created, operated, merged, acquired, financed, and wound up. It covers a wide range of legal areas such as company formation, contract drafting and negotiation, mergers and acquisitions, joint ventures, foreign investments, intellectual property rights, employment law, and regulatory compliance. Businesses operating in Bangladesh must navigate a complex set of rules and regulations established by the government and various regulatory agencies to ensure lawful and successful operations.

Why You May Need a Lawyer

Corporate and commercial lawyers play a crucial role in helping businesses and entrepreneurs minimize risk and achieve their commercial objectives. You might need legal assistance in situations such as:

  • Setting up a company or restructuring an existing business
  • Drafting or reviewing contracts, agreements, and terms of service
  • Ensuring compliance with government regulations and obtaining necessary licenses
  • Handling disputes between shareholders, partners, or other business parties
  • Engaging in joint ventures, mergers, or acquisitions
  • Intellectual property protection including trademark and copyright registration
  • Labor and employment law matters
  • Raising capital or managing investments
  • Dealing with tax issues and structuring financial transactions
  • Dissolving or winding up a business

Local Laws Overview

The foundation of corporate and commercial law in Bangladesh is built upon several key statutes and regulatory frameworks. Some of the most important are:

  • Companies Act, 1994: Governs the formation, operation, and dissolution of companies.
  • Bangladesh Securities and Exchange Commission (BSEC) Acts and Rules: Regulate the capital market, including public offerings and securities transactions.
  • Contract Act, 1872: Establishes the requirements and enforceability of contracts and agreements.
  • Foreign Exchange Regulation Act, 1947: Regulates foreign investments and transactions involving foreign currency.
  • Bangladesh Investment Development Authority (BIDA) Rules: Lay down the procedures for investment approvals and incentives.
  • Labour Act, 2006: Governs employment relationships, workers' rights, and industrial relations.
  • Intellectual Property Laws: Trademarks, patents, and copyrights are governed by specific statutes providing registration and enforcement mechanisms.

Understanding and complying with these laws is vital for smooth business operations and minimizing legal risks.

Frequently Asked Questions

What are the common types of business entities in Bangladesh?

The most common business structures are sole proprietorship, partnership, private limited company, public limited company, and branch or liaison offices for foreign companies.

How can I register a new company in Bangladesh?

To register a company, you need to reserve a unique name with the Registrar of Joint Stock Companies and Firms (RJSC), prepare required documents (such as the Memorandum and Articles of Association), and submit an application along with prescribed fees.

Can foreigners own or invest in Bangladeshi companies?

Yes, foreign individuals and entities can own or invest in Bangladeshi companies, subject to compliance with the Foreign Exchange Regulation Act and certain sector-specific restrictions.

What are the basic compliance requirements for companies?

Companies must maintain statutory records, conduct annual general meetings, file annual returns, prepare audited financial statements, and comply with tax and VAT requirements.

What licenses or permits are required to start a business?

Depending on the sector and business activity, common licenses include a trade license from the City Corporation or local authority, VAT registration from the National Board of Revenue, and sector-specific permits from regulatory bodies such as BIDA or BSEC.

How are commercial contracts enforced in Bangladesh?

Commercial contracts are enforceable under the Contract Act, 1872. Disputes may be resolved through negotiation, mediation, arbitration, or litigation in the courts.

What protections exist for minority shareholders?

Minority shareholders are protected under the Companies Act through rights to receive notice of meetings, inspect company records, and initiate legal action against oppressive conduct by the majority.

What is the process for mergers and acquisitions?

Mergers and acquisitions typically involve due diligence, negotiation and drafting of transaction documents, board and shareholder approvals, regulatory notifications or approvals, and filings with the RJSC or BSEC as required.

How can I protect my intellectual property?

You can protect trademarks, patents, designs, and copyrights by registering them with the relevant governmental authorities. Legal action can be taken against infringement under respective laws.

What are the main tax obligations for businesses?

Businesses must pay taxes on income, file annual tax returns, pay value-added tax (VAT) on applicable goods or services, withhold tax at source where required, and submit relevant statements to the National Board of Revenue.

Additional Resources

If you need further information or support, the following organizations and agencies can be valuable resources:

  • Registrar of Joint Stock Companies and Firms (RJSC)
  • Bangladesh Securities and Exchange Commission (BSEC)
  • Bangladesh Investment Development Authority (BIDA)
  • National Board of Revenue (NBR)
  • Bangladesh Bar Council
  • Department of Patent, Design, and Trademarks (DPDT)
  • Local Chambers of Commerce and Industry

Next Steps

If you believe you need legal assistance in the corporate and commercial field, consider the following steps:

  • Clearly identify and document your business needs or issues
  • Gather all business documents, contracts, licenses, and correspondence relevant to your query
  • Consult a qualified lawyer or legal advisor with experience in corporate and commercial law in Bangladesh
  • Prepare questions and concerns ahead of your legal consultation
  • Follow legal advice and ensure regular compliance with all regulatory requirements
  • Stay updated on changes in relevant laws and regulations that may affect your business

Engaging the services of a competent lawyer early can save you time, money, and help prevent costly legal disputes or regulatory issues in the future.

Lawzana helps you find the best lawyers and law firms in Bangladesh through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Corporate & Commercial, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Bangladesh - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.