Legal Lifelines | Isfaqur Rahman Galib

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Income Tax Law

Bangladesh adopts a progressive taxation rate on personal income (for resident with presence in Bangladesh: i) for 182 days or more in one fiscal year or ii) for 90 days or more in one fiscal year iii) 365 days or more in preceding 4 years), which ranges from 0% to 25% (surcharge is payable by wealthy individuals)..

Civil Law

Bangladesh belongs to adversarial legal system and under this system in civil litigation the two parties are the plaintiff on one hand and the defendant on the other hand. In civil proceeding the standard of proof is the balance of probabilities namely more probably true than false..

Limited Company Registration Law

There are five distinct steps involved in the Bangladeshi company setup procedure: i) Name Clearance; ii) Bank account opening and bringing in the paid-up capital; iii) Submission of information and uploading of documents on the RJSC website and payment of government fees; iv) verification of Encashment Certificate.

Family Law

Family law is an area of the law that deals with family matters and domestic relations. .

Divorce/ Marriage Law

The first motion shall be passed and a period of 6 months shall be given before the second motion Then, once the declarations have been made, a decision on the first motion shall be given by the court. After that, all parties will be GRANTED A SIX-MONTH PERIOD OF DIVORCE BEFORE THEY CAN FILE a second petition..

Arbitration Law

Arbitration starts after receiving notice: As per Section 27 of the 2001 Act, the arbitral proceedings shall be deemed to have been commenced if a dispute arises which is applicable to arbitration as per the arbitration agreement, and if a party has received an arbitration notice from the other party..