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Best Business Lawyer in Bangladesh: 5 Reasons to Choose Us

Embarking on a business venture is an exhilarating journey that embodies the essence of innovation and entrepreneurship. However, this journey comes with its set of challenges, especially when navigating the intricate world of business law in Bangladesh. A common query among budding entrepreneurs is, "Do I need a business lawyer to start a business?" While the short answer is not always straightforward, understanding the complexities of business law and the pivotal role of a business lawyer can guide you through this journey more smoothly. At Sadat Sarwat and Associates, we pride ourselves on offering expert legal services tailored to the unique...

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Intellectual Property Law in Bangladesh: A Comprehensive Guide

Intellectual Property (IP) law is a specialized legal area focused on protecting creations of the mind, such as inventions, literary and artistic works, designs, symbols, names, and images used in commerce. This body of law grants individuals and businesses property rights to the information and intellectual goods they create, offering them exclusive control over the use of these materials. IP law aims to foster an environment where creativity and innovation can flourish by ensuring creators and innovators can reap the benefits of their inventions and works, providing a crucial balance between the interests of innovators and the public. In Bangladesh, the...

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AI Transformation in Bangladesh: Deepfake Tech and Artificial Intelligence Policy 2024

The recent surge in AI's popularity has made household names out of tools like ChatGPT, Midjourney, and Quillbot. These AI marvels can do almost anything, from making Cristiano Ronaldo sing Hindi songs to merging faces of MKBHD and Shakib Al Hasan seamlessly. With AI at our fingertips, even the most fantastical scenarios come to life. Picture Cyberpunk-themed Dhaka cityscapes conjured by Midjourney, existing solely in our imaginations but made real through AI. As AI continues to evolve, it constantly challenges the limits of creativity and innovation. In this new era, the only boundary is our imagination....

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A Complete Guideline for the Formation of a Private Limited Company in Bangladesh

Most Bangladeshi companies are registered as private limited liability companies, commonly known as private limited companies. A private limited company in Bangladesh is a separate legal entity and shareholders are not liable for the company’s debts beyond the amount of share capital they have contributed. According to the Companies Act 1994, any person (foreign or local) above the age of 18 can register a company in Bangladesh. As per section 2(k) of Companies Act 1994, A Private Company means a company which by its articles restricts the right of transfer of the share, prohibits invitation to the public to subscribe...

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A Comprehensive Guide to Data Privacy Bangladesh’s 2023 Act

The Data Privacy Bangladesh Act of 2023 (Draft) represents a pivotal milestone in the legal landscape governing the handling of personal data. Enacted to address the evolving challenges posed by rapid technological advancements and increasing digitalization, this legislation aims to safeguard the privacy and rights of individuals in an era marked by data-driven innovation. By imposing stringent regulations on the collection, storage, processing, and sharing of personal information, the Data Protection Act establishes a comprehensive framework for organizations to adhere to ethical standards and ensure transparency, accountability, and responsible data management practices. This overview delves into the key provisions and...

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