Business Share Transfer in Bangladesh
The business share transfer is a legal process that allows the transfer of ownership in a company from one party to another. In Bangladesh, business share transfer is regulated by the Companies Act of 1994. Business share transfer lawyers in Bangladesh play an essential role in facilitating the transfer of ownership and ensuring that the process is legally compliant.
Our business and corporate lawyers can help with drafting share transfer agreements, conducting due diligence, and advising on legal and regulatory requirements. They can also assist with the transfer of shares by ensuring that all necessary paperwork is completed and filed with the relevant authorities.
One of the critical legal requirements for business share transfer in Bangladesh is the approval of the Board of Directors of the company. The Board must approve the transfer of shares, and the transfer must be recorded in the company's share register. Business share transfer lawyers can advise on the legal requirements for obtaining board approval and recording the transfer of shares.
One of the key responsibilities of share transfer lawyers is to ensure that the transfer of ownership is done in accordance with the laws and regulations of Bangladesh. They review and prepare the necessary documentation, including share transfer agreements, stock transfer forms, and share certificates, and they ensure that all parties involved in the transaction are compliant with legal requirements.
Share transfer lawyers also assist with due diligence, which involves conducting a comprehensive review of the company's financial, legal, and operational records to ensure that the transfer of shares is being done on a solid foundation. They advise clients on potential risks and provide recommendations for mitigating those risks.
Additionally, share transfer lawyers may provide ongoing support after the transfer has been completed. This can include assistance with any disputes that may arise between parties, advice on corporate governance matters, and guidance on regulatory compliance.
Overall, share transfer lawyers are essential for businesses in Bangladesh that are looking to transfer ownership of shares. They provide the legal expertise and support needed to ensure a smooth and compliant transfer process, helping businesses to avoid potential legal pitfalls and safeguarding their interests.
Frequently asked questions about our legal services
1. Is it a fixed price for your service?
Our core services are fixed price, however, some clients require further help and the associated costs also vary. We will let you know the exact cost before we start the work.
4. How do we pay or make payments?
The clients can pay by Bikash or Bank Transfer ONLY upon receiving the quote. The clients are required to pay 50% of the service fees and 100% of the associated government fees and costs to initiate the work.
2. What does the cost involve?
The costs involve our service fee, associated government fee, and other associated costs to complete the task and ready the necessary paperwork.
5. Do you serve all over Bangladesh?
Yes, we serve nationwide locally and international clients for all their business-related legal needs. We have a network of legal partners spread all over the country.
3. How long usually does it take?
Once all the necessary documents are submitted and the payment is made by the clients, in most cases, the tasks usually take 5 - 7 business days to complete.
6. Can it be done online or over the phone?
We have a tremendous focus to serve our clients as efficiently as possible. We have robust online and phone customer support. All our services can be obtained using our online forms, email, and mobile phone.