Tax Incentives and Investment Conditions
2.3 Incorporated companies
Public limited company
Private limited company
The number of members of a Public Limited
Company is minimum 7 and the maximum
number is limited according to share capital as
described in Memorandum of Association. The
liability of a member is limited by his/her share
capital.
- The special significance of a Public Limited
Company is that such a company is permitted to
offer shares and securities to the public. The
shares of this company can be transferred
without any restriction.
― Public Limited Companies are regulated by the
Bangladesh Securities and Exchange
Commission (BSEC).
-
- The number of members of a Private Limited
Company is limited and this limit is minimum 2
and maximum 50. The liability of a member is
limited by his/her share capital.
- It cannot invite the general public to subscribe
to its shares or debentures.
- Private Limited Companies are not primarily
regulated by the BSEC, but certain regulations
of BSEC still apply.
KPMG
Company legislation also allows One Person Company to be formed by having one natural person as a shareholder.
© 2023 Rahman Rahman Huq and KPMG Advisory Services Limited are entities registered in Bangladesh, and member firms of the KPMG global organisation of independent member
firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved. Printed in Bangladesh.
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