Company Lawyer in Dhaka, Bangladesh, Company Formation Lawyer, Top Business lawyer in Dhaka- are frequent queries by clients and company secretaries. Finding the best Company or Corporate Lawyer Chamber is very important to get proper services. An expert company or corporate lawyer is very important to solve company matters issues. This article provides an overview of how to find an expert company lawyer in Dhaka, Bangladesh.
Who is a Company Lawyer?
A company lawyer is a lawyer who deals with issues that arise in relation to companies. It includes the formation of companies, agreement drafting for companies, compliance issues in companies, and providing Legal Opinions on company matters. The company lawyer also deals with all disputes and litigation which arise in company affairs.
How to find the best company lawyer in Dhaka?
There are numerous Barristers, advocates, and lawyers who provide their services in different law firms situated throughout Dhaka, Bangladesh. Many of these law firms provide legal services related to company law. There are certain qualities and traits that a corporate or company lawyer must have.
Knowledge and experience in corporate issues
The best company lawyer must have the appropriate knowledge and experience in company issues. This requires the company lawyer to have the knowledge and experience in mainly 4 broad sectors including the formation of the company, drafting agreements and other legal documents related to companies, compliance issues including TAX/VAT and Trade license matters, and litigation on the company and corporate matters.
Company Formation Process
The life of any company begins after its formation. Therefore, a company lawyer must have the knowledge and experience in the formation and registration of the company. This requires the lawyer to ensure that the rights steps are followed chronologically. Firstly, the Name Clearance Certificate of the proposed company must be obtained. Thereafter, the Article of Association (AOA) and Memorandum of Association (MOA) must be drafted.
The company lawyer should draft AOA and MOA carefully for avoiding future complexity. If there is any error in the MOA, then the amendment application to the MOA must be made at the High Court.
Further, the proposed company must be registered with the Registrar of the Joint Stock Company (RJSC). The RJSC requires certain documents to be submitted while applying for registration. Thereafter, applicable government fees must be paid. Further, the Certificate of Incorporation must be obtained. Thereafter, an application for Tax Identification Number (TIN) must be made in the name of the newly incorporated company.
Finally, the company must obtain a trade license to conduct business in Bangladesh. To obtain a more detailed step-by-step understanding of how to set up an Ltd. company in Bangladesh, please have a look at our article here.
Post Company Formation Formalities
A new company requires to maintain various legal compliance. This includes drafting Employment Contracts, contracts with suppliers, vendors, sub-contractors, dealers, buyers, customers, sellers, etc. of the company. In addition, company lawyers in Dhaka must have expertise in drafting Board resolutions, internal agreements between shareholders, drafting other legal documents.
Therefore, the company lawyer must have adequate knowledge and experience in drafting all types of documents as the company requires.
Company Compliance issues
A company lawyer must be well equipped with sufficient legal knowledge which may be required by a company to run its day-to-day business. This may include providing Legal Opinion to the company regarding any legal issue or potential dispute and advising the company on any relevant legal issue.
On top of the above, the company lawyer must have adequate expertise on tax and VAT issues. He must consider the renewal of licenses i.e. trade licenses as well. To ensure compliance, the company lawyer must have sound knowledge of the following laws- Company Act 1994, Contract Act 1872, Bangladesh Labour Act 2006, Bangladesh Labour Rules 2015, Income Tax Ordinance 1984, etc.
Litigation, Arbitration, and Mediation
Despite ensuring compliance with all relevant rules and regulations, there is always a possibility that the company will get involved in a dispute or legal issue. A company lawyer must first keep in mind that court proceedings in Bangladesh could be costly and time-consuming. Therefore, a company lawyer must first try to solve any dispute within the company in an amicable manner through mediation or negotiation. Hence, the company lawyer must have the necessary experience to conduct mediation or negotiation on behalf of a company.
Company Lawyer in Dhaka | Counsels Law Partners (CLP)
The lawyers at Counsels Law Partners (CLP) have all the expertise to provide the best services as a company lawyer in Dhaka, Bangladesh. The lawyers at CLP handle their clients with utmost professionalism. They consider the interest and needs of the client. CLP as a law firm has formed numerous companies over the few years. CLP has the appropriate knowledge and practical experience to form any kind of foreign or domestic company in Bangladesh. Further, the lawyers at CLP have the required experience to draft any kinds of documents listed above that may be required by a newly formed company.
CLP as a law firm has numerous retainer clients. It provides Legal Opinion regarding any matter or potential disputes to those clients on a regular basis. Further, it ensures that those companies are in compliance with the tax laws and the laws related to trade licenses. Moreover, the company lawyer will make sure that those companies are constantly in line with the laws of Bangladesh. Therefore, the lawyers at CLP can ensure that the company is in compliance with all the relevant rules, laws, and regulations of Bangladesh.
Team CLP consists of Barristers, Advocates, and lawyers having extremely sufficient knowledge and expertise in the field of company law. Many of its lawyers have the appropriate enrollment and license to conduct litigation related to properties in the relevant Courts and Tribunals.
Who is Barrister Md. Hafizur Rahaman Khan?
The Head of Chamber of CLP, i.e. Barrister Md. Hafizur Rahaman Khan is an enrolled Advocate of the Judge Court and Supreme Court of Bangladesh. Mr. Khan receives his law graduate from Dhaka University. In addition, Mr. Khan got training from the UK as a Barrister and an Advocate of the Supreme Court of Bangladesh.
Mr.Khan has been in law practice for over 15 years and has vast experience in providing legal services and advice related to company law. He values client needs and often tries to resolve any corporate disputes in an amicable manner through mediation or arbitration. However, Mr. Khan is an expert lawyer in company law. In addition, Mr. Khan has the necessary knowledge and experience to conduct any kind of litigation, arbitration, or mediation on behalf of the company.
The lawyers at CLP have vast experience in dealing with company issues on a regular basis. Team CLP has the required practical knowledge in providing services on Company matters at a reasonable cost.
Company Law practice at CLP
Counsels Law Partners CLP provides all kinds of legal services in relation to Company and corporate matters. Counsels Law Partners is one of the leading Law chambers in Gulshan, Dhaka, Bangladesh. If you require any legal help in relation to the company and corporate matters, please reach us at:E-mail: info@counselslaw.com Phone:+8801700920980 | +8801947470606, Website: www.counselslaw.com Address: House 39, Road 126 (3rd Floor) Islam Mansion, Gulshan 1, Dhaka
