How to Apply for a Company Name Approval in Bangladesh
What is RJSC Name Clearance?
Before you can draft your Memorandum of Association (MoA), you must get a "No Objection" from the RJSC. This certificate confirms that your proposed business name is unique and does not conflict with existing registered entities.
Key Facts at a Glance
- Official Portal: app.roc.gov.bd
- Validity: 30 days (standard) up to 180 days (6 months).
- Processing Time: Typically 1 working day.
- Estimated Cost: Approximately BDT 600 (including VAT/Tax).
Step-by-Step Process for Name Approval
1. Conduct a Name Availability Search
Don't waste money on a name that’s already taken. Visit the RJSC website and use the "Entity Name Search" tool.
Pro Tip: Search for keywords rather than the full name. If you want "Blue Horizon Logistics," search for "Blue Horizon" to see if any similar names exist.
2. Create an RJSC E-Services Account
If you don’t have one, you must register on the portal. You will need:
- A valid email address.
- Mobile number for OTP verification.
- Basic personal details.
The Online Application and Submission Process
Once your account is set up, the core of the process happens within the RJSC portal. After logging in, navigate to the "Apply for Name Clearance" section, where you will be prompted to select your specific Entity Type. Whether you are forming a Private Limited Company, a One Person Company (OPC), or a Society, selecting the correct category is vital for legal compliance. During this stage, you will enter your proposed business name. It is highly recommended to provide multiple alternative names in order of preference; this ensures that if your first choice is rejected due to unforeseen similarities, the registrar can move directly to your second option. Before hitting submit, double-check that your name aligns with the Companies Act 1994, specifically avoiding restricted or sensitive terminology such as "Bank," "Leasing," or "War," which require special government permissions.
Navigating Fees and Payment Channels
Immediately after submitting your application, the system will generate a formal payment slip containing a unique tracking number. The RJSC has modernized its system to allow for various convenient Payment Channels, meaning you no longer have to wait in long physical queues. You can settle the fees through online banking portals, mobile financial services like bKash or Nagad, or via counter payments at authorized banks such as BRAC Bank. The current fee structure is quite affordable, typically costing BDT 200 per name application, though when you factor in government VAT and administrative taxes, the total usually rounds out to approximately BDT 600. Keep your digital or physical receipt as proof of payment to avoid any processing delays.
Finalizing Approval and Downloading Your Certificate
After payment is confirmed, the RJSC typically processes the request within one to two working days. You should monitor your portal dashboard regularly; once the registrar verifies the name, the status will transition from "Pending" to "Approved." At this point, you can instantly download and print your official Name Clearance Certificate. This document is the cornerstone of your business identity and is mandatory for the next phase of incorporation. It is essential to keep this certificate in a secure place, as you will need the specific clearance tracking number when drafting your Memorandum of Association (MoA) and Articles of Association (AoA) for final registration.
Pro Tips for a Smooth Approval
Be Unique: Avoid generic names like "Best Services Ltd." These are often rejected for being too broad.
Check Trademarks: Even if a name is free at RJSC, ensure it doesn't infringe on international trademarks to avoid future legal headaches.
Watch the Clock: Your name is reserved for 180 days. If you don't complete the full company registration within this window, you may need to apply for a time extension or re-apply.
Next Steps After Approval
Once your name is secured, you are ready to:
- Draft the MoA and AoA: Define your company's rules and objectives.
- Submit for Registration: Upload your documents and pay the registration fees (based on authorized capital).
- Obtain TIN & Trade License: Essential for opening a business bank account.
Need help with the next steps of your business journey? Whether it's drafting your MoA or understanding the stamp duty for 2026, staying informed is the key to a successful launch!