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Rjsc

Presence of shareholder is mandatory for share transfer – RJSC

Physical presence of the shareholder is now compulsory for transfer of shares. By a circular on March 27, 2016, the Registrar of Joint Stock Companies and Firms (RJSC) impose this condition. Main goal of the circular is to prevent fraud relating to transfer of shares.

eTIN Number now required for foreign Directors to incorporate a company in Bangladesh

Update 21/10/2015: after to the recent amendment in the Finance Act 2015 and recent meetings between RJSC and NBR, it is no longer required for the foreign directors to obtain TIN.

You can no longer use the word “Group” on your company name

For whatever reason, if you want to register a company with the word “group” in its name, well, good luck with that. Registrar of Joint Stock Companies and Firms (RJSC) on February 9, 2015 through a notice requested not to apply for name clearance with the word “group”.