Corporate Law & Commercial Advisory in Bangladesh

by Barrister Tahmidur Rahman | Sep 8, 2026

Corporate & FinanceEveryday counsel for growing businesses9 min read

Corporate Law & Commercial Advisory in Bangladesh

Corporate law and commercial advice for Bangladeshi companies, family groups, start-ups and foreign-owned subsidiaries, covering corporate actions, shareholder matters, commercial agreements, regulatory questions, legal opinions and day-to-day board support, delivered by Dhaka lawyers who understand both the legal framework and the commercial pressures on management.

Overview

Practical corporate law advice for businesses in Bangladesh

Most businesses need a lawyer for more than the big transaction. They need reliable corporate law advice on the many decisions that come up every month: issuing shares, appointing directors, changing the objects clause, signing a distribution deal, answering a regulator, dealing with a difficult shareholder or checking whether a new product needs a licence. We act as an extension of management for Bangladeshi companies, family groups, start-ups and local subsidiaries of foreign groups, giving clear advice that allows decisions to be made quickly and safely. This sits within the firm's wider corporate and finance practice in Bangladesh.

The core statute is the Companies Act 1994, which governs incorporation, share capital, directors, meetings, accounts, audit, filings with the Registrar of Joint Stock Companies and Firms, schemes of arrangement and winding up. Around it sit the Contract Act 1872 and related commercial statutes, the foreign exchange framework administered by Bangladesh Bank, tax and VAT law under the National Board of Revenue, and sector regulators from the securities regulator to telecoms, energy and health authorities. Since 23 August 2026, investment registration and related approvals once handled by BIDA and BEZA have been administered by Invest Bangladesh.

Good advice depends on understanding how these rules operate in practice. A share transfer may be simple under the articles but still require RJSC filings, stamp duty, tax clearance and, for foreign buyers, banking documentation for the inward remittance. A change of business activity may require amending the memorandum and obtaining new licences. A new supply contract may engage competition law, withholding tax or the Personal Data Protection Act 2026. Our corporate law team identifies these connected steps at the outset, so that a routine corporate action does not stall halfway through because one approval or filing was overlooked.

We work closely with in-house teams where they exist, and act as outside general counsel for companies that do not yet have their own legal department. Barrister Tahmidur Rahman advises on transactions, finance and investment, and Barrister Remura Meheruba Mahbub advises on corporate, banking and foreign investment matters and is a solicitor of England and Wales (non-practising). When a commercial issue turns into a dispute, our founding partner Adv Syed Wahid and the firm's dispute resolution lawyers become involved early in the corporate law analysis, so that advice on the documents and advice on litigation risk stay aligned.

Foreign groups often need a Bangladesh perspective on questions raised at head office: can profits be repatriated, can a local director sign this, does this policy conflict with local law, what approvals are needed for a restructuring. We give concise, practical answers that a regional legal team can rely on, and we work with counsel in the UK, US, UAE, China, India and Singapore where a matter spans several countries. To discuss ongoing corporate law support or a specific question, please contact our Dhaka office and we will suggest a practical way of working together.

01 · What we handle

Core workstreams

  • Corporate actions and filings
  • Shareholder and founder matters
  • Commercial agreements
  • Regulatory and licensing questions
02 · How it runs

Four clear stages

  1. 01Learn the business
  2. 02Advise clearly
  3. 03Execute the steps
  4. 04Keep records current
03 · Start here

Talk to a partner

Consultations in Dhaka or by video. Scope, team and fees are agreed in writing first.

Book →
How we help

How we support companies day to day

Workstream 01Corporate & Finance

Corporate actions and filings

  • Learn the business
  • Advise clearly
  • Execute the steps
  • Keep records current
Workstream 02Corporate & Finance

Shareholder and founder matters

  • Learn the business
  • Advise clearly
  • Execute the steps
  • Keep records current
Workstream 03Corporate & Finance

Commercial agreements

  • Learn the business
  • Advise clearly
  • Execute the steps
  • Keep records current
Workstream 04Corporate & Finance

Regulatory and licensing questions

  • Learn the business
  • Advise clearly
  • Execute the steps
  • Keep records current
Workstream 05Corporate & Finance

Legal opinions and certifications

  • Learn the business
  • Advise clearly
  • Execute the steps
  • Keep records current
Workstream 06Corporate & Finance

Outside general counsel

  • Learn the business
  • Advise clearly
  • Execute the steps
  • Keep records current
01

Corporate actions and filings

We handle share issues and transfers, increases of authorised capital, changes of directors and officers, amendments to the memorandum and articles, changes of name or registered office, and the related board and shareholder resolutions. We prepare the RJSC filings and manage stamp duty, tax and banking steps, so that each corporate action is completed properly and reflected accurately in the company's public record and statutory registers. Registers are updated each time.

02

Shareholder and founder matters

We advise on shareholder agreements, founder arrangements, employee share schemes, investor rights, deadlock provisions and exit mechanisms. Where relationships between shareholders become strained, we review the articles and agreements, advise on meeting procedure and voting, and help negotiate buy-outs or restructurings before a disagreement becomes a formal dispute that disrupts the business, its banking relationships and its staff. Clear documents at the outset prevent most later disagreements. Agreeing a valuation method and pricing mechanism in advance makes any later buy-out easier to complete.

03

Commercial agreements

We draft and review the agreements a business relies on every day: supply, distribution, agency, services, technology, licensing, leasing and confidentiality agreements. We explain the key risks in plain terms, suggest practical changes, and make sure stamping, execution and any registration requirements are met so the contract can be relied on and enforced if a problem arises with the counterparty. Templates can be prepared for repeat use by your team.

04

Regulatory and licensing questions

Many commercial decisions turn on whether an activity needs a licence, registration or approval. We advise on sector licensing, trade licences, Invest Bangladesh registration, BEPZA and Hi-Tech Park requirements, foreign exchange rules on remittances and foreign borrowing, competition law, consumer protection and data protection, and we help clients prepare applications and respond to regulators clearly and on time. Regulatory questions are treated as part of core corporate law advice.

05

Legal opinions and certifications

Banks, investors and foreign counterparties often require a Bangladesh legal opinion on capacity, authority, enforceability or regulatory status before they will sign or fund. We prepare corporate law opinions based on careful review of the company's documents and resolutions, agree their assumptions and qualifications with the recipient's counsel, and coordinate with foreign counsel on cross-border transactions. Opinions are delivered on agreed timetables. We also review opinions given by other firms when acting for lenders.

06

Outside general counsel

For companies without a legal department, or with a small one, we provide ongoing advice on a retained or project basis. That can include attending board meetings, reviewing contracts, maintaining a corporate law compliance calendar, training staff and acting as a first point of contact for any legal question, with escalation to specialists inside the firm when needed. Fees are predictable and reviewed regularly. Secondments can be arranged for busy periods.

RecognitionThe Legal 500Asia Pacific ranks Tahmidur Remura Wahid (TRW) Law Firm for dispute resolution in Bangladesh.
Cross-border reach6 jurisdictionsMatters coordinated with counsel in the UK, US, UAE, China, India and Singapore.
Bar and admissionsDhaka and LondonBarristers and advocates in Bangladesh, with a solicitor of England and Wales (non-practising).
HeadquartersDhakaHouse 410, Road 29, Mohakhali DOHS. Consultations in person or by video.
Who leads this work

Partner-led, on every matter.

Corporate & Finance matters at TRW are led by partners, supported by associates, with one responsible lawyer from first advice to final outcome.

Meet the firm →
01

What does a corporate law adviser do for a company in Bangladesh?

A corporate law adviser helps the company take decisions lawfully and record them properly. That includes advising the board on its powers, preparing resolutions, managing share and director changes, keeping the RJSC record accurate, reviewing contracts and flagging regulatory approvals. A good adviser also anticipates problems: a missing filing that will delay a loan, a clause that will make a sale harder, or a policy that conflicts with local law. We work on individual matters or on a retained basis, depending on how often the company needs support and whether it has its own in-house team.

02

How do we transfer shares in a private company under Bangladesh corporate law?

Start with the articles, which often restrict transfers through pre-emption rights or board approval, and any shareholder agreement. The parties then sign a share transfer instrument, pay the applicable stamp duty, obtain any required tax documents, and the board approves and registers the transfer, followed by the RJSC filing. Where the buyer or seller is foreign, payment must move through banking channels with the right documentation, and the investment authority may need to be informed. We manage the full process, including any valuation, tax or foreign exchange questions, so the transfer is recorded correctly.

03

Can a company change its business activities after registration under corporate law?

Yes, but a company may only carry on the activities permitted by its memorandum of association. A new line of business often requires a special resolution of shareholders to alter the objects clause, followed by an RJSC filing and new or amended trade licences and sector licences. Some activities need regulatory approval before they start. Acting outside the objects can create problems with banks, regulators and contract enforcement. We review the memorandum, prepare the resolutions and filings, and identify the licences that the new activity will require before it begins, so the bank can be told in good time.

04

What corporate law issues arise when a foreign company owns a Bangladesh subsidiary?

The subsidiary is a separate Bangladesh company and its directors owe duties under local law, even when the parent sets group policies. Common issues include delegation of authority, how group decisions are approved locally, intra-group agreements for services, loans and royalties, transfer pricing documentation, dividend repatriation, foreign exchange reporting and work permits for expatriate staff. We help align group procedures with Bangladesh requirements, prepare the local approvals and documents, and give the parent clear answers on what the subsidiary can and cannot do under local corporate law. Keep local board minutes showing directors considered group instructions independently.

05

Our shareholders are in deadlock. What are our options?

First check the articles and any shareholder agreement for deadlock provisions, casting votes, reserved matters, buy-out mechanisms or dispute resolution clauses. If none exist, options include a negotiated buy-out, a restructuring, mediation, or, in serious cases, an application to the court for relief from oppression or mismanagement, or winding up on just and equitable grounds. Litigation is slow and damaging, so a negotiated solution is usually preferable. We advise on leverage, valuation and process, and work with our litigation team when proceedings cannot be avoided. Keep minutes of disputed meetings and related correspondence, as any mediator will ask for them.

06

When does a company need a Bangladesh legal opinion?

Legal opinions are commonly required by foreign lenders, investors and counterparties in cross-border loans, guarantees, security packages, share subscriptions and major commercial contracts. They typically confirm that the Bangladesh company exists, has the corporate power to enter into the transaction, has properly authorised it and that the documents are enforceable, subject to stated qualifications. Some cover regulatory approvals and foreign exchange. We prepare these opinions after reviewing the constitutional documents and approvals, and we agree the form and qualifications early so that the opinion does not delay closing. Foreign counsel usually review drafts.

07

How do new 2026 laws affect corporate law compliance?

Several 2026 statutes change the background for companies. The Invest Bangladesh Act 2026 merged the main investment promotion and zone authorities into Invest Bangladesh, which affects registrations, approvals and work permits for many foreign-owned businesses. The Personal Data Protection Act 2026 introduces general data protection obligations. The Commercial Courts Act 2026 changes how commercial disputes are litigated, and the Finance Act 2026 adjusted withholding on interest paid to non-residents. We help clients identify which changes affect them and update documents, approvals and procedures as implementing rules emerge. Early review avoids rushed changes.

08

Can TRW act as outside general counsel on a retainer?

Yes. Many clients prefer a retained arrangement covering routine corporate law work, contract reviews, board support and quick questions, with larger matters scoped separately. A retainer gives predictable costs and means the lawyers advising you already understand your business, documents and people. We agree the scope, response times, reporting and fee structure in advance, and review the arrangement periodically so that it continues to fit the company's needs as it grows. For one-off matters we provide fixed or estimated fees wherever the scope can be defined clearly. Any change in scope is discussed with you before further work is done.

How a matter runs

From first call to resolution.

  1. 01

    Learn the business

    We start by understanding the company's ownership, activities, licences, key contracts and decision-making, and the commercial goals behind the question, so that our corporate law advice fits the business rather than an abstract scenario. Key people are identified early.

  2. 02

    Advise clearly

    We give a direct answer with the practical steps, approvals, documents and timing involved, highlighting the real risks and the options for managing them, in a format management can act on immediately. Written advice follows any call.

  3. 03

    Execute the steps

    We prepare resolutions, agreements, filings and applications, coordinate with banks, regulators and the RJSC, and track each step through to completion so nothing is left half done or unrecorded. Deadlines are tracked carefully throughout. We confirm each filing or approval in writing, so management has a clear record of what is complete.

  4. 04

    Keep records current

    After each matter we update the company's registers and compliance calendar, and we flag future deadlines, renewals and legal changes that may affect the business in the months ahead. We also recommend a simple annual review of licences, filings and shareholder records.

“Demonstrates an extraordinary command over both domestic litigation and international arbitration.”

The Legal 500 Asia Pacific, Bangladesh: Dispute resolution, client feedback

FAQ

Questions, answered.

Still unsure? Email info@trw.co with a short outline of the matter.

What is the main corporate law statute in Bangladesh?
The Companies Act 1994 is the principal statute governing companies in Bangladesh. It covers incorporation, share capital, directors, meetings, accounts, audit, filings with the RJSC, schemes of arrangement and winding up. It operates alongside each company's memorandum and articles, and alongside sector regulation, tax law and foreign exchange rules that apply to particular activities and investors. Case law from the Supreme Court of Bangladesh also shapes how these provisions are applied in practice, so good corporate law advice looks at both the statute and the decided cases.
Do we need a corporate law firm for routine RJSC filings?
Not always, but errors in routine filings are common and can cause delays later, for example when a bank checks the company record before lending or a buyer conducts due diligence. Many companies use lawyers or company secretaries for filings so that resolutions, registers and the public record match. We can handle filings as part of wider corporate law support. Accurate filings also make later share transfers, capital increases and director changes faster, because the starting record is already correct and complete.
Can a Bangladesh company borrow from its foreign parent, and what does corporate law require?
Foreign borrowing by Bangladesh companies is regulated by the foreign exchange framework and Bangladesh Bank requirements, and certain loans need approval or registration, with conditions on cost and tenor. Interest paid to non-residents is subject to withholding tax, reduced to 10% by the Finance Act 2026. We advise on structuring and documentation before funds move. Board and shareholder approvals, the loan agreement terms and the repayment route all need attention, because errors can trap funds or create tax and regulatory problems for the borrower.
What is an outside general counsel arrangement?
It is an arrangement where an external law firm acts as the company's main legal adviser on an ongoing basis, much like an in-house lawyer. It suits companies that need regular advice but not a full-time legal department. Scope, response times and fees are agreed in advance, and specialist matters can be added when they arise. For many growing businesses it is a cost-effective bridge until an in-house corporate law function becomes worthwhile. Scope can change as needs grow.
Can TRW advise on sector licensing as part of corporate law support?
Yes. We advise on licensing requirements across many sectors and on the general registrations every business needs, including trade licences, tax and VAT registration and investment registration. Where a specialist regulator is involved, such as in telecoms, energy, health or financial services, we work with the relevant teams within the firm. We also check whether licences need to be amended after corporate changes such as a share transfer, a change of directors or a new business activity, which is often overlooked.
How quickly can you answer a corporate law question?
Many questions can be answered within a short time once we have the relevant documents, particularly for retained clients whose records we already hold. More complex questions, or those involving regulators, take longer. We agree realistic timing at the outset and tell you promptly if anything will affect it. Urgent matters, such as a signing deadline or a regulatory notice with a short response period, are prioritised, and we tell you plainly what can be achieved in the time available. Simple queries can often be answered quickly.
Do you work with foreign law firms on cross-border corporate law matters?
Yes. We work with counsel in the UK, US, UAE, China, India and Singapore and elsewhere on cross-border matters, providing the Bangladesh corporate law input while they advise on their own law. Clear allocation of responsibilities between firms keeps costs down and avoids gaps in the advice. We are also used to working within the reporting formats and timetables of international legal teams and their clients, including detailed issues lists.
How do we start working with TRW?
Contact our Dhaka office with a short description of the company and the issue, and any key documents. We will check for conflicts, confirm the scope and fee basis, and arrange an initial call or meeting with the lawyer who will lead the work. We will be clear about the scope and cost of the work before any chargeable work begins, and we confirm the fee basis in writing so that there is no uncertainty later. Retained clients also receive periodic legal updates.

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