3. 1. What is Corporation?
2. Types of Corporation
3. Advantages & Disadvantages
4. How to Incorporate in Bangladesh?
5. Business Combination
4. ๏ง Corporation is a legal form of business
organization which is created by
government & considered an entity
separate and apart from its owners.
๏ง Its owners are termed shareholders &
hold stock certificates as evidence of
their ownership .
๏ง It is an artificial person that has been
created by law.
5. 1. Domestic Corporation
2. Foreign Corporation
3. Alien corporation
4. Open Corporation
5. Close Corporation
7. ๏ฑ Limited liability
๏ฑ Ease of expansion
๏ฑ Ease of transferring
๏ฑ Long life
๏ฑ Ability to hire Specialized management
8. ๏ฑ Expensive & Complicated to organize
๏ฑ Taxes are frequent higher
๏ฑ Government restrictions are costly and
time consuming
9. ๏ฑ Registering a firm under the companies
act, 1994
๏ฑ RJSC โ The regulatory authority
๏ฑ Types of Companies-
1. Private Companies
2. Public Companies
3. Partnership
๏ฑ The Laws involved
๏ฑ Name clearance
๏ฑ Payment of stamp fees
10. ๏ฑ Submission of necessary documents-
1. Name clearance certificate
2. Memorandum of association
3. Declaration notice
4. Directors list
5. Proof of payment
6. Payment of share authorised fee
๏ฑ Obtain TIN
๏ฑ Register for VAT
๏ฑ Trade license
11. Business combination is the process under
which two or more business organization
doing similar type of business to get
longer scale of production, minimize the
possibility of competition, efficiency etc.
๏ถ Acquisition
๏ถ Merger
13. โข Acquisition :
Acquisition is purchase one company by
another but no company is newly formed.
โข Merger :
Merger is a combination of two companies
to from a new company.