Professional Documents
Culture Documents
Md Raziur Rahman
Private companies
Public companies
Foreign companies
Trade organizations
Societies, and
Partnership firms
Name Clearance
This is a pre-requisite for registration of a new company (other than Foreign Company) or a society
or a trade organisation.
The search for the availability of a company name was computerised in 2003. After checking that the
proposed company name is available for registration, the entrepreneur has to apply for name
clearance through RJSC website.
RJSC provides name clearance for one of the proposed names upon satisfaction that it does not
closely match or resembles with any of the names that have already been taken. The status of the
application can be checked online and is usually accepted or rejected within one working day. If
accepted, the company name is reserved for six months. A print out of the name clearance
certificate must be submitted to the RJSC, along with the other required documents for incorporation.
Payment of stamp fees
One has to pay adhesive stamp fees at a designated bank. Payment can be made to the designated
bank accounts of the Treasury. Previously all the fees were supposed to be deposited only in
selected branches of Sonali Bank. RJSC has now allowed one of the leading private sector banks
with extensive national coverage ie BRAC Bank to collect fees.
For an authorised share capital of up to Tk1,000,000, the total stamp duty fees are Tk2,500. These
include Tk2,000 for affixing stamps on the Articles of Association, and Tk500 for stamps on the
Memorandum of Association.
Submission of necessary documents
To register a company, the following documents must be submitted to the registrar:
Proof of payment (ie receipt from the designated bank) for Treasury Stamps
For filing six documents (five filled in forms and the Memorandum and Articles of
Association, the fee is Tk200 per document): Tk1,200
An additional fee of Tk180 is applicable for every Tk10,000 or part from the first Tk20,000 up
until Tk50,000
An additional fee of Tk45 is applicable for every Tk10,000 or part from the first Tk50,000 up
until Tk1,000,000