Business Licenses & Regulatory Approvals

by Tahmidur Remura Wahid | Aug 13, 2025 | Uncategorized

Bangladesh Business Licenses & Regulatory Approvals (2025): The Complete TRW Law Firm Guide

Audience: founders, CFOs, plant managers, compliance heads, and foreign investors who need a one-stop, accurate map of Bangladesh’s licensing regime—including uncommon approvals such as NBFI, PSTN, factory, explosives, radiation, and more.
Outcome: a practical, end-to-end framework you can follow to scope, sequence, and execute filings without missing critical dependencies.

Need hands-on support? TRW’s team prepares the dossier, liaises with authorities, and manages renewals under a single SLA. Learn more on TRW’s Business & Corporate Services page at tahmidurrahman.com.

1) Quick start roadmap

1. Form the legal entity (RJSC) → get Trade License, e-TIN, and VAT BIN.
2. Assess premises & activity → obtain Fire, DoE Environmental Clearance (ECC), Factory Registration (if applicable), Boiler, Explosives/Petroleum/LPG, and Building/Occupancy approvals.
3. If manufacturing or handling regulated products, secure BSTI certifications and Legal Metrology verifications.
4. Layer sectoral licenses (finance, telecom/ICT, media, health/pharma, food/agri, energy).
5. If importing/exporting, add IRC/ERC and (if eligible) Bonded Warehouse; appoint C\&F/Freight Forwarder.
6. If operating in EPZ/Economic Zones, follow BEPZA/BEZA pathways; for expatriates, obtain BIDA work permits.
7. Complete operational enablers: vehicle/route permits, ride-sharing enlistment (platforms), shipping/air operator, tour operator, etc.
8. Lock in a renewal calendar, internal SOPs, and compliance controls.

All validity periods and prerequisites below are typical and may vary by the issuing authority’s circulars and project specifics.

2) Baseline setup (applies to almost every business)

Company / Partnership / Society Registration (RJSC)

• Why: creates the legal person you’ll operate through.
• Authority: RJSC.
• Legal basis: Companies Act 1994; Partnership Act 1932; Societies Registration Act 1860.
• Prerequisites: name clearance, MoA/AoA (companies), registered address, promoters’ NID/passport.
• Validity: perpetual, subject to annual statutory filings.

Trade License (local government)

• Why: permission to trade within a municipal/union jurisdiction.
• Authority: City Corporation / Municipality / Union Parishad.
• Prerequisites: e-TIN, rent deed/ownership, landlord NOC, photos.
• Validity: 1 year → annual renewal.

e-TIN (income tax)

• Authority: NBR.
• Validity: perpetual (keep profile details current).

VAT BIN (VAT registration)

• Authority: NBR (VAT Online).
• Why: mandatory for VAT compliance and most import/export scenarios.
• Obligations: monthly VAT returns; update records on changes.

3) Trade & customs

Import Registration Certificate (IRC)

• Authority: CCI\&E.
• Why: commercial imports.
• Prerequisites: TIN, BIN, trade license, bank solvency, chamber/association membership.
• Validity: 1–3 years (typical) → renewal as per Import Policy.

Export Registration Certificate (ERC)

• Authority: CCI\&E.
• Why: commercial exports.
• Prerequisites: similar to IRC.
• Validity: 1–3 years (typical).

Indenting / Buying House Registration

• Authority: CCI\&E.
• Why: sourcing/agency operations for overseas principals.
• Notes: office readiness, financial solvency, experience documentation.

4) Investment facilitation & zones

BIDA Project Registration

• Why: investment facilitation, utility linkages, certain incentives.
• Authority: BIDA.
• Prerequisites: incorporation, project profile, land/lease, director info.
• Validity: project life; amendments for scope changes.

BIDA Work Permit (Expatriates)

• Why: hire foreign professionals.
• Validity: typically 1 year, annual renewal.

BEZA Unit Approval / License (Economic Zones)

• Why: operate inside BEZA’s Economic Zones.
• Validity: project life per BEZA terms.

BEPZA Enterprise License (EPZs)

• Why: operate inside EPZs.
• Validity: project life per BEPZA terms.

5) Safety, site & building

Fire License / Fire Safety NOC

• Authority: Fire Service & Civil Defence.
• Why: premises fire safety compliance; mandatory for most public-facing or industrial sites.
• Validity: typically 1 year → renewal and inspections.

Environmental Clearance Certificate (ECC)

• Authority: Department of Environment.
• Why: environmental clearance by category (Green/Orange A/Orange B/Red).
• Prerequisites: IEE/EIA, site NOCs, layout & process descriptions.
• Validity: 1–3 years → renewal with compliance updates.

Factory Registration / License

• Authority: DIFE (Factories & Establishments).
• Why: operating a “factory” under law; worker welfare & safety controls.
• Validity: often annual renewal.

Establishment Registration (Labour)

• Authority: DIFE.
• Why: register commercial/industrial establishment (Form-2).
• Notes: employer, worker, premises data filed.

Boiler Registration / Certificate

• Authority: Office of the Chief Inspector of Boilers.
• Why: legal operation of industrial boilers.
• Notes: maker’s certificate, drawings, site readiness; periodic inspections.

Explosives / Petroleum / LPG Storage License

• Authority: Department of Explosives.
• Why: storage/use of petroleum, CNG/LPG, explosive materials.
• Notes: safety distances, tank specs, qualified personnel; annual audits common.

Building Permit & Occupancy

• Authority: RAJUK / CDA / KDA / RDA / other city development authorities.
• Why: permission to build/alter; later occupancy certificate.
• Prerequisites: architectural/structural plans, soil test, Fire/DoE NOCs as required.

6) Standards & metrology

BSTI Certification Marks (CM)

• Why: mandatory certification for specified products (food, cement, cables, etc.).
• Process: product testing, QMS review, factory audit.
• Validity: 1–3 years with surveillance audits.

Legal Metrology (weights & measures)

• Authority: BSTI (Metrology Wing).
• Why: verification/stamping of measuring devices used in commerce.
• Cycle: periodic/annual verification.

7) Finance & payments (high-regulation)

Bank License

• Authority: Bangladesh Bank.
• Why: establish a scheduled bank.
• Prerequisites: capital adequacy, promoters’ fitness & propriety, governance & risk systems.

Non-Bank Financial Institution (NBFI) License

• Authority: Bangladesh Bank.
• Why: leasing/finance company.
• Prerequisites: capital, business plan, experienced management, robust compliance.

Microcredit NGO License

• Authority: Microcredit Regulatory Authority (MRA).
• Why: operate microfinance.
• Notes: governance standards, minimum funds, reporting.

Insurance Company License (Life/General)

• Authority: IDRA.
• Why: underwriting insurance.
• Prerequisites: capital, solvency, reinsurance arrangements, fit & proper controllers.

PSP/PSO License (Payment Services/Operators)

• Authority: Bangladesh Bank.
• Why: provide payment services or operate a payment system/switch.
• Prerequisites: capital, IT/security audits, risk, AML/CFT frameworks.

Mobile Financial Services (MFS)

• Authority: Bangladesh Bank.
• Why: issue and operate mobile wallet services (bank-led/subsidiary models).
• Obligations: agent management, technology infrastructure, consumer protection.

Money Changer License

• Authority: Bangladesh Bank.
• Why: retail FX exchange booths.
• Notes: AML/CFT controls, location & security standards.

8) Capital markets

Stock Broker / Dealer

• Authority: BSEC.
• Why: trade securities on stock exchanges.
• Prerequisites: exchange membership, capitalization, compliance systems.

Merchant Banker

• Authority: BSEC.
• Why: issue management, underwriting, portfolio management.
• Notes: capital & manpower thresholds.

Asset Management Company (AMC)

• Authority: BSEC.
• Why: manage mutual funds/collective schemes.
• Governance: trustee oversight and reporting.

Credit Rating Agency (CRA)

• Authority: BSEC.
• Why: provide credit ratings; independence & methodology standards.

9) Telecom & ICT (including PSTN)

PSTN License (fixed telephony)

• Authority: BTRC.
• Why: operate fixed voice networks; interconnection & QoS required.
• Prerequisites: rollout & numbering plans, technical & financial capacity.

ISP License (Nationwide/Zone/District)

• Authority: BTRC.
• Why: provide internet services; categories vary by coverage.
• Notes: network plan, NOCs, fees; 5–10 year tenors common.

IIG / ICX / IGW

• Authority: BTRC.
• Why: international gateways for data/voice.
• Notes: specialized technical, security, and financial conditions.

VAS / IPTSP / VoIP / VSAT

• Authority: BTRC.
• Why: value-added services, IP telephony, satellite links.
• Notes: service-specific guidelines and audits.

Telecom Tower Sharing License (TowerCo)

• Authority: BTRC.
• Why: passive infrastructure sharing; EHS controls.

Certifying Authority (CA) — Digital Signatures

• Authority: Controller of Certifying Authorities.
• Why: issue digital certificates (PKI).
• Notes: CPS/CP, audits, secure PKI infrastructure.

10) Media & broadcasting

TV Channel / DTH / IPTV

• Authorities: Ministry of Information & Broadcasting (+ BTRC for spectrum where applicable).
• Why: content distribution & broadcasting.

FM Radio

• Authorities: BTRC & MoIB.
• Why: FM broadcast operations; frequency allocation and studio standards.

Cable TV Operator

• Authority: MoIB.
• Why: cable distribution licensing.

Newspaper Declaration & Registration

• Authorities: District Magistrate & DFP.
• Why: operate printing press/newspaper.

Online News Portal Registration

• Authority: Press Information Department (PID).
• Why: compliance for online news portals.

11) Health & pharma

Hospital / Clinic / Diagnostic Center

• Authority: DGHS.
• Why: private health facilities licensing; HR, equipment, bio-medical waste management.
• Validity: typically 1–3 years.

Drug License (Retail/Wholesale/Manufacturing)

• Authority: DGDA.
• Why: trade/manufacture pharmaceuticals.
• Notes: registered pharmacist, storage standards, premises compliance.

Medical Device Registration

• Authority: DGDA.
• Why: import/market medical devices; device-wise registration based on risk class.

Radiation Licenses (X-ray/CT/Industrial)

• Authority: BAERA.
• Why: use/import ionizing radiation sources.
• Notes: RCO appointment, shielding, dose monitoring; audits.

Blood Bank License

• Authority: DGHS.
• Why: collection, testing, storage, and distribution of blood and components.

12) Food & agriculture

Food Business Registration / License

• Authorities: Bangladesh Food Safety Authority (BFSA) + Local Health.
• Why: food manufacturing/processing/restaurants.
• Notes: hygiene plans, water analysis, pest control, GMP.

BSTI Halal / Product Certifications (where mandated)

• Authority: BSTI / recognized bodies.
• Why: specific food/product categories require certification.

Seed Dealer Registration

• Authority: DAE / National Seed Board.
• Validity: typically 5 years.

Fertilizer Dealer License

• Authority: DAE.

Pesticide (Retail/Wholesale) License

• Authority: DAE (Plant Protection Wing).

Fish Hatchery/Farm Registration & Health Certificates

• Authority: Department of Fisheries.

Livestock/Poultry Farm Registration & Feed Mill License

• Authority: Department of Livestock Services (DLS).

13) Energy & power

Power Generation License (incl. captive above thresholds)

• Authority: BERC.
• Notes: technical proposal, EIA, fuel/PPA arrangements; reporting obligations.

LPG (storage, bottling, distribution)

• Authorities: BERC + Department of Explosives.
• Notes: design approvals, safety distances, QRA; periodic audits.

CNG/LNG Filling Station

• Authorities: Department of Explosives (+ gas utilities).
• Notes: site layout, safety standards, utility NOCs.

14) Transport, logistics & customs

BRTA: Route Permit & Fitness (Commercial Vehicles)

• Authority: BRTA.
• Why: operate commercial vehicles; annual fitness.

Ride-Sharing Enlistment Certificate

• Authority: BRTA.
• Why: operate ride-sharing platform; local servers/KYC frameworks.

Customs Clearing & Forwarding (C\&F) Agent License

• Authority: NBR (Customs).
• Why: customs brokerage; exam, capital, and bank guarantee.

Freight Forwarder License

• Authority: NBR (Customs).
• Why: international/domestic freight forwarding operations.

Bonded Warehouse License

• Authority: NBR (Bond Commissionerate).
• Why: duty deferment for export-oriented units; bonded audits.

Shipping Agent License

• Authority: Department of Shipping.

Air Operator Certificate (AOC)

• Authority: CAAB.
• Why: commercial air services; safety & operations manuals.

Tour Operator / Travel Agency Registration

• Authority: Bangladesh Tourism Board.

15) NGO & social

NGO Affairs Bureau Registration

• Authority: NGOAB.
• Why: receive/manage foreign donations for voluntary activities.
• Notes: project-wise approvals and reporting.

16) Security & other

Private Security Service Company License

• Authority: Ministry of Home Affairs.
• Why: operate private security agency; vetting, uniforms, training, arms (where permitted).

Printing Press Registration

• Authorities: District Administration / DFP.
• Why: operate a printing press and publications.

17) Implementation playbook (how we execute this at TRW)

1. Scoping call: activity mix, site plan, utilities, product list, import/export posture, workforce plan.
2. Gap analysis: map all mandatory approvals; identify optional incentives (zones) and time-critical dependencies (e.g., ECC before factory license).
3. Dossier assembly: constitutional docs, premises proofs, layouts, technical notes, safety studies, HR rosters.
4. Parallel filings: run RJSC, tax/VAT, and DoE/Fire tracks in parallel to compress timelines.
5. Premises-dependent audits: Fire, Factory, Boiler, Explosives—scheduled after installed readiness.
6. Sectoral approvals: finance/telecom/health/etc. once baseline IDs exist.
7. Go-live compliance: SOPs for renewals, VAT/Tax returns, safety drills, calibration (metrology), and regulatory reporting.
8. Renewal calendar: 12-month rolling calendar, escalation matrix, and board reporting.

18) Typical documents you’ll need again and again

• RJSC certificate & constitutive documents (MoA/AoA/partnership deed).
• Board resolutions & specimen signatures.
• Trade license, TIN, BIN; rent deed/ownership papers; landlord NOC.
• Site layout, occupancy plan, utilities bills/NOCs.
• HR list, organogram, safety officer/RCO (as applicable).
• Bank solvency/statement; chamber/association membership.
• Technical dossiers (machinery lists, process notes), QMS/SoPs.
• Insurance covers (fire, public liability, workmen’s compensation) where relevant.

19) Sequencing & timelines (indicative)

• Entity + Trade License + TIN/BIN: 1–3 weeks depending on readiness.
• DoE ECC (Green/Orange): 2–8 weeks (EIA-heavy Red projects take longer).
• Fire, Factory, Boiler, Explosives: inspection-led; schedule and readiness drive timing (2–10+ weeks).
• Sectoral approvals (finance/telecom/health): variable and often multi-stage; build for multiple review rounds.
• IRC/ERC: typically faster once baseline IDs are in place (1–3 weeks).

TRW parallelizes tracks and prepares for inspections early to compress total duration.

20) Risk controls & recurring compliance

• Calendaring: annual renewals (Trade License, Fire, many factory/health licenses), periodic verifications (Metrology), and DoE/BERC reporting.
• Change approvals: expansions, line changes, storage additions often require fresh approvals or endorsements—plan them proactively.
• Internal audits: safety drills, extinguisher/boiler checks, PPE logs, radiation dosimetry (where relevant).
• Regulatory reporting: VAT returns, tax filings, BSEC/BB/IDRA returns for regulated entities.
• Vendor oversight: ensure contractors and logistics partners (e.g., C\&F, freight forwarders) hold current licenses.

21) Consolidated reference table (all items from the Master List)

22) Engage TRW

TRW Law Firm — Business Licensing & Compliance Desk
Contact Numbers: +8801708000660 · +8801847220062 · +8801708080817
Emails: info@trfirm.com · info@trwbd.com · info@tahmidur.com
Global Law Firm Locations:

• Dhaka: House 410, Road 29, Mohakhali DOHS
• Dubai: Rolex Building, L-12 Sheikh Zayed Road

What we do: scope and sequencing, dossier preparation, architectural/safety coordination, submission management, inspection readiness, authority liaison, and full renewal governance. If you share your business model and site details, we’ll return a tailored license stack and filing calendar the same day, and start paperwork immediately.

PSTN Licence in Bangladesh – Process, Timelines and Compliances

by Tahmidur Remura Wahid | Aug 13, 2025 | Uncategorized

PSTN Licence in Bangladesh

Executive Summary

The Public Switched Telephone Network (PSTN) licence historically allowed operators to provide fixed-line (landline) voice services in Bangladesh. In 2025, the market reality is stark: state-owned BTCL is the lone nationwide PSTN operator (since 2018) and the regulator revoked seven PSTN licences on 20–23 January 2025 for non-renewal. As of today, new PSTN licensing windows are not openly advertised, and the Bangladesh Telecommunication Regulatory Commission (BTRC) guideline index does not list a live PSTN guideline for applications. In practice, companies needing fixed voice services now usually pursue IP Telephony via IPTSP (for ISPs), enterprise voice over fibre, or sector-specific authorisations rather than classic PSTN. (The Daily Star, The Business Standard, lims.btrc.gov.bd)

This guide explains (1) what a PSTN licence is, (2) the current licensing landscape and viability in 2025, (3) credible alternatives that get you to the same business outcome, (4) process, costs, timelines, and compliance if a window opens or you need a regulatory strategy now, and (5) how TRW Law Firm can help end-to-end.

1) What exactly is a PSTN licence?

A PSTN licence authorises fixed, circuit-switched telephony—traditional landlines—under the national numbering plan. Bangladesh’s numbering rules reserve ranges for PSTN and are managed by BTRC under the Telecommunication Act, 2001 and the National Numbering Plan (NNP). (ITU, btrc.portal.gov.bd)

Key characteristics (conceptual):

• Geographic numbering (district/zila-based blocks under the NNP).
• Interconnection with other national networks through designated exchange points and adherence to BTRC interconnection regulations.
• Lawful interception, consumer protection, quality of service (QoS), billing/charging and complaint-handling obligations.

Note: The NNP is periodically updated, including a 2017 refresh that BTRC enacted to modernise allocations across mobile, PSTN, and short codes. (New Age)

2) The 2025 reality: is PSTN licensing viable?

2.1 Market structure today

• BTCL is the sole nationwide PSTN operator (since 2018). Private PSTN footprints dwindled over the last decade, driven by mobile substitution and regulatory compliance pressures. (The Daily Star)
• On 23 January 2025, BTRC revoked seven PSTN licences (Tele Barta, Ranks Telecom, National Telecom, Bangla Phone, Westech, One Tel, Integrated Services) for failing to submit renewal applications. After these cancellations, BTCL remained the only national PSTN licensee; a small number of regional PSTN licences survived on paper. (The Business Standard)

2.2 Is BTRC issuing new PSTN licences now?

• BTRC’s public Guidelines index (its live repository) does not list a PSTN operator guideline or an open application window in 2025. When BTRC does license infrastructure or access services, it typically issues category-specific guidelines or invitation of offers (RFP/auction) with explicit application windows; PSTN is not currently featured. (lims.btrc.gov.bd)

Bottom line: In 2025, classic PSTN entry is not a practical path for new private entrants. If your goal is to offer fixed voice to enterprises/consumers, you should pivot to modern licensing routes (see Section 3).

3) What to get instead: practical alternatives to reach the same business outcome

3.1 IPTSP (Internet Protocol Telephony Service Provider) – for ISPs

• Who it’s for: Licensed ISPs that want to add IP-based voice (SIP, softphone, IP-PBX, hosted voice) with BTRC-assigned numbering for voice applications and inter-operability with PSTN and mobile networks.
• Regulatory anchor: Amended IPTSP Guidelines; they address numbering assignment, inter-operability (with PSTN/mobile), interconnection agreements, QoS and lawful intercept. Eligibility is restricted to ISP licensees. (lims.btrc.gov.bd)
• Use cases: Hosted PBX for SMEs, enterprise SIP trunks, contact centres, and “fixed voice over fibre” offers bundled with broadband.

3.2 Enterprise voice without public numbering

• Private voice inside campuses via enterprise PBX over your own fibre (or via NTTN leases). No public numbering; used for internal calling, hotlines, and integrated UC. (Where public calling is required, couple PBX with an IPTSP partner or licensed operator.)

3.3 Sectoral registrations and add-ons

• TVAS Registration (Value-Added Services) for certain voice-adjacent applications (IVR/alerts integrated with licensed carriers). This does not replace a telephony licence but enables compliant service layers on top of licensed networks. (lims.btrc.gov.bd)

3.4 Why this route is better (2025)

• Commercial reality: Landline retail demand is low; enterprises prefer IP voice and SIP trunks over fibre. Regulators are active against illegal VoIP; it’s essential to stay within formal, current-generation frameworks. (The Business Standard)
• Speed to market: IPTSP (for ISPs) or partnering with an IPTSP is generally faster and more future-proof than hoping for a PSTN window to open.

4) If BTRC ever opens a PSTN window again: what would the process look like?

While there is no current window, BTRC’s licensing procedure regulations and historic practice show consistent patterns that TRW uses to build strategies:

4.1 Typical selection mechanics

• Formal guideline & invitation: BTRC issues a guideline/RFP with scope, coverage (national/zonal/rural), technology, and timelines.
• Competitive selection: Evaluation and/or auction/beauty-contest format, using eligibility filters and scoring on technical, financial, rollout, and compliance plans. (amtob.org.bd)

4.2 Usual eligibility filters (indicative)

• Corporate standing: Incorporated entity in Bangladesh (or to be incorporated), clean legal and tax records, audited financials.
• Financial capacity: Minimum paid-up capital/net worth thresholds; Performance Bank Guarantee (PBG) post-award. (btrc.gov.bd)
• Technical plan: Class-4/5 softswitch/IMS, numbering demand plan, lawful intercept, 999 emergency call routing, CLI integrity, fraud controls.
• Rollout: Coverage commitments (exchanges, last-mile over copper/fibre, or fixed wireless where permitted), NOC/ROW planning, disaster recovery.

4.3 High-level steps (what to expect)

1. Regulatory watch & pre-filing
   – Track BTRC notices; assemble consortium capability, choose nationwide vs. zonal focus; commission feasibility and spectrum/numbering due-diligence.
2. Application preparation
   – Draft the technical & financial proposal, OSS/BSS, customer care, tariff framework, interconnection plan, numbering block needs under the NNP, and compliance commitments. (btrc.portal.gov.bd)
3. Submission & evaluation
   – Respond to RFP; attend clarifications; potentially deposit bid security/EMD if auctioned.
4. Letter of Intent (LoI) & PBG
   – Satisfy LoI conditions, submit PBG, pay initial licence/acquisition charges as per guideline. (btrc.gov.bd)
5. Licence grant & numbering allocation
   – Obtain operator code(s) and blocks; publish dial plans; implement interconnection. (btrc.portal.gov.bd)
6. Network rollout and testing
   – Interconnect with ICX/other operators, complete QoS testing, activate lawful intercept, open customer care and billing.
7. Commercial launch & compliance reporting
   – Start services; file periodic reports, pay regulatory dues.

5) Cost heads (what to budget for)

Exact figures depend on the specific guideline (and whether a PSTN window opens or you pursue IPTSP). Expect these cost components:

• Application & evaluation fees (non-refundable).
• Licence acquisition fee (fixed or auction-determined), annual licence fee, and where relevant revenue share percentages.
• Performance Bank Guarantee (PBG) and other bank instruments required by BTRC. (btrc.gov.bd)
• Numbering resource fees (block application/maintenance under the NNP). (btrc.portal.gov.bd)
• Spectrum fees if any wireless element is authorised (older PSTN licences sometimes used CDMA bands).
• Interconnection charges (to ICX/other operators) and port charges.
• NTTN leases/ROW: Fibre lease or rights-of-way costs with city corporations, highways authorities, utilities.
• CAPEX/OPEX: Softswitch/IMS, SBCs, SBC licences, SBC HA, CPE/ATAs, last-mile build, OSS/BSS, billing/mediation, LI probes, fraud systems, DRC sites.
• Compliance operations: QoS testing, audit, security, lawful interception operations, data retention infrastructure.

Advisory note: In 2025, many operators find IPTSP (for ISPs) + enterprise SIP a more capital-efficient route than legacy PSTN, especially given low landline demand and stricter compliance around illegal VoIP. (The Business Standard)

6) Timelines you can plan around

• IPTSP (if you are already an ISP licensee): Dossier preparation (3–6 weeks), BTRC processing (variable; historically a few months), numbering + interconnects (4–8 weeks).
• Classic PSTN (if a window opens): Pre-RFP planning (4–8 weeks), submission window (typically 3–6 weeks), evaluation (2–4 months), LoI to licence (1–2 months), rollout readiness (3–9 months).

Treat these as planning baselines, not commitments; actual durations depend on the specific guideline, completeness of documents, and interconnection/testing schedules.

7) Compliance obligations (the “always-on” responsibilities)

Whether PSTN or IPTSP, expect BTRC to require:

• NNP compliance: Use and stewardship of number blocks as per the National Numbering Plan, including future portability obligations as directed. (btrc.portal.gov.bd)
• Inter-operability/interconnection: Agreements with other licensees; adherence to interconnection regulations and interoperability clauses (explicit for IPTSP). (lims.btrc.gov.bd)
• Lawful intercept & security: LI interfaces, data retention, incident reporting, fraud control (anti-SIMBOX/anti-grey traffic).
• Emergency services: Routing access to 999 and location/routing practices as directed.
• QoS: Metrics for call completion, ASR, NER, post-dial delay, jitter/latency (IP), complaint resolution.
• Consumer protection & tariffs: Clear tariff publication, bill accuracy, dispute processes.
• Reporting & fees: Periodic reports, annual fees, audits.

8) Numbering, interconnection & routing — what changes in an IP era?

• Numbering: PSTN and IP telephony both rely on BTRC-assigned numbering resources; IPTSP guidelines explicitly provide for voice application numbering and NNP compliance. (lims.btrc.gov.bd)
• Interconnection: Traditional PSTN relies on time-division exchanges and SS7; IPTSP uses SIP interconnects, SBCs and softswitches/IMS, but must still inter-operate with PSTN and mobile. (lims.btrc.gov.bd)
• International calls: Subject to the ILDTS framework and must traverse authorised gateways—do not attempt to shortcut via illegal VoIP; the regulator actively penalises violations. (Mobile World Live)

9) Risk map and how to avoid pitfalls

• Regulatory timing risk: Betting on a PSTN window reopening can stall business plans for years. Design a dual-track plan (IPTSP or partnership) that can launch now.
• Grey traffic exposure: Zero tolerance for illegal VoIP; implement fraud management from day one. Enforcement is active. (Mobile World Live)
• Commercial viability: Retail landline demand is structurally low; build a B2B-first model (hosted PBX, SIP trunks, call centre voice) on fibre. (The Daily Star)
• Numbering shortages: Ask early for adequate blocks under the NNP; justify forecasts with real pipelines. (btrc.portal.gov.bd)
• Interconnect delays: Start interconnection negotiations in parallel with licensing to prevent launch bottlenecks.
• Compliance ops: Budget for LI, QoS probes, security, and periodic audits—these are not optional.

10) How TRW Law Firm helps (end-to-end)

• Strategy: We benchmark your plan against the current licensing climate, advising whether IPTSP (for ISPs), partnerships, or sectoral registrations are optimal.
• Licensing execution: Dossier drafting, eligibility checks, numbering plans, interconnection frameworks, tariff schedules, and PBG/banking instruments.
• Regulatory interface: We coordinate clarifications with BTRC, prepare responses, and support hearings.
• Commercialisation: Interconnection negotiations, wholesale agreements, NTTN leases/ROW planning, and consumer-facing compliance (T\&Cs, privacy, complaint handling).
• Governance & audit: Compliance dashboards, annual filings, policy updates, and regulatory change watch.

Explore our telecom-focused legal insights at TRW Law Firm: tahmidurrahman.com (internal link).

11) FAQs (client-ready)

Q1. Can I get a new PSTN licence in 2025?
Short answer: There is no public PSTN window right now; BTCL remains the sole nationwide PSTN operator and several private PSTN licences were revoked in January 2025. Consider IPTSP or partnering with an existing licensee. (The Business Standard, lims.btrc.gov.bd)

Q2. I’m an ISP. Can I add voice with my own numbers?
Yes—apply for IPTSP. The guideline covers numbering, inter-operability with PSTN/mobile, and interconnection. (lims.btrc.gov.bd)

Q3. How are phone numbers allocated?
BTRC assigns number blocks under the National Numbering Plan; you must justify forecasts, use numbers efficiently, and follow all NNP rules. (btrc.portal.gov.bd)

Q4. What are the biggest compliance risks?
Illegal VoIP exposure, weak LI/security, and poor numbering/interconnect planning. Bangladesh’s regulator actively enforces—design robust controls from day one. (Mobile World Live)

Q5. What timeline should I plan for?
For IPTSP (if you already hold an ISP licence): ~3–6 weeks to prepare, a few months for processing, and another 1–2 months for numbering and interconnects. For PSTN, plan longer and only if a new window opens.

12) Client checklist — documents & decisions to fast-track

Corporate & financial

• Certificate of incorporation, MoA/AoA, latest trade licence, TIN/VAT.
• Board resolutions authorising the application and PBG issuance.
• Audited financials (3 years, if available) and bank solvency letters.

Technical & operations

• Network architecture (core, SBCs, LI, DRC), interconnect topology.
• Numbering demand plan and dial plan under NNP. (btrc.portal.gov.bd)
• QoS plan (KPIs, monitoring), complaint handling SOPs.
• Cybersecurity, fraud control (anti-SIMBOX/anti-grey), data retention.

Commercial

• Tariff framework, wholesale agreements, enterprise offers (SIP trunk, hosted PBX).
• Marketing/consumer disclosures compliant with BTRC rules.

Regulatory instruments

• Application forms per the operative guideline (e.g., IPTSP for ISPs). (lims.btrc.gov.bd)
• Performance Bank Guarantee drafts (bank-vetted). (btrc.gov.bd)

13) Sample roadmaps (what we typically implement)

A) You are an established ISP expanding into voice

1. Gap-assessment vs. IPTSP eligibility and technical stack.
2. Prepare the IPTSP dossier (numbering, interconnects, QoS, LI). (lims.btrc.gov.bd)
3. Parallel-track interconnect MOUs with mobile/PSTN for faster go-live.
4. Launch with B2B SIP trunks + hosted PBX; add consumer bundles where viable.

B) You are a new entrant (no ISP licence)

1. Evaluate acquisition/partnership with an existing ISP; or apply for ISP first.
2. Phase-2: Apply for IPTSP through the ISP entity; build enterprise voice offers.

C) You are a utility/estate/campus wanting landline-style phones

1. Deploy fibre-based private voice (IP-PBX) for internal calling.
2. For off-net calling, integrate with an IPTSP partner providing numbering.

14) Quick Facts — PSTN vs. IPTSP (2025)

Sources: BTRC guideline index; Daily Star (BTCL sole since 2018); TBS (licence revocations Jan 2025); IPTSP guideline. (lims.btrc.gov.bd, The Daily Star, The Business Standard)

15) Summary Table — “Everything you need to know” (2025)

16) Work with TRW Law Firm

We combine telecom regulatory depth with execution—from licence design to commercial launch. If you’re considering fixed voice in Bangladesh, we’ll map a PSTN-vs-IP strategy that gets you to market fast and compliant.

Contact TRW Law Firm
Phone: +8801708000660, +8801847220062, +8801708080817
Email: info@trfirm.com, info@trwbd.com, info@tahmidur.com
Dhaka: House 410, Road 29, Mohakhali DOHS
Dubai: Rolex Building, L-12 Sheikh Zayed Road.

References (select)

• BTCL sole PSTN operator since 2018; landline trends — The Daily Star, “Landline use down drastically,” 20 Apr 2023. (The Daily Star)
• BTRC revoked seven PSTN licences (Jan 2025) — The Business Standard, 23 Jan 2025. (The Business Standard)
• BTRC live Guidelines index (no PSTN guideline listed in 2025) — BTRC LIMS guideline page. (lims.btrc.gov.bd)
• National Numbering Plan (baseline framework; NNP 2005; 2017 update enacted) — BTRC NNP 2005 PDF; New Age report on NNP 2017. (btrc.portal.gov.bd, New Age)
• IPTSP guideline (eligibility, numbering, inter-operability) — BTRC IPTSP Guideline. (lims.btrc.gov.bd)

Prepared by TRW Law Firm’s Telecoms, Media & Technology practice.

What is the history of TRW?

by Tahmidur Remura Wahid | Aug 13, 2025 | Uncategorized

The History of TRW Law Firm

TRW Law Firm’s story is, at its core, a story about building a modern, border-straddling law practice from Dhaka that thinks like a global business, ships like a technology company, and serves like a boutique. What began as a small, focused team has grown into one of Bangladesh’s most dynamic full-service firms, with an expanding international footprint (Dhaka, Dubai, London), deep sector specialisms, and a technology backbone that powers speed, quality, and accountability. This article traces how that happened—chronologically and thematically—so clients, recruits, and partners can see where TRW came from, what it stands for, and where it is headed next.

Origins: TRW, An idea bigger than a name

Every firm starts with a thesis. TRW’s was simple but ambitious: clients in Bangladesh and the Bangladeshi diaspora needed a law firm that could (i) deliver sophisticated corporate and finance work to international standards, (ii) fight and win complex disputes at home and in foreign forums, and (iii) weave technology into the day-to-day practice so that quality and responsiveness were not left to chance or heroics.

From the outset, TRW deliberately avoided the “one-star” model. While Barrister Tahmidur Rahman’s name is well known, the firm’s identity has always been team-centric. The leadership group—joining legal, managerial, and client-facing strengths—set the tone for an institution rather than a personality brand. That early decision explains much of what would follow: multidisciplinary practice groups, repeatable processes, rigorous training, and investment in internal tools.

The first chapter: Building a foundation (late 2010s)

The early years were about focus and reliability. TRW zeroed in on a handful of practice lines that regularly intersected in the Bangladeshi market:

■ Corporate & M\&A. Entity formation, shareholder arrangements, cross-border acquisitions and joint ventures, and regulatory approvals—especially for foreign investors entering or scaling in Bangladesh.

■ Banking & Finance. Working for banks, financial institutions, and corporate borrowers on lending, project finance, trade finance, and security packages—drafting, perfection, and enforcement.

■ Disputes & Arbitration. Complex commercial litigation and international arbitration, with teams comfortable briefing and appearing in forums from Dhaka to regional arbitral seats.

■ Tax & Regulatory. Transactional tax structuring and controversy—critical for deal execution and for ongoing operations.

The firm’s first growth spurt came by doing ordinary things unusually well: clean drafting, firm deadlines, transparent budgets, and partner accessibility. Word of mouth—especially among in-house lawyers in energy, infrastructure, manufacturing, and finance—brought larger mandates. Early representative clients came from established Bangladeshi conglomerates and fast-growing mid-market companies; over time, the firm expanded to banks/NBFIs and international operators entering Bangladesh.

Professionalising the platform: Process, people, and practice (2019–2021)

As the mandate mix grew, TRW put in place an architecture that now defines its operating model:

1) Practice group structure. Each core practice formed a named group with a dedicated knowledge repository, model suites, checklists, and an internal mentor. This enabled consistency across matters and accelerated onboarding for new lawyers.

2) Client-facing service levels. The firm adopted service standards—acknowledgement within hours, rolling status updates, and post-closing retrospectives—so that client experience was deliberate, not accidental.

3) Litigation discipline. Dispute teams introduced cause-lists and “hearing prep packs” with issues framed, authorities collated, and relief models pre-drafted. This simple discipline raised hit rates and predictability.

4) Tax and regulatory playbooks. Regulatory maps for approvals, filings, and consents—paired with template board papers and investor notes—enabled transaction and compliance work to flow with fewer surprises.

5) Talent pipeline. TRW launched structured pathways for interns and junior associates, emphasizing writing, client communication, and ethical advocacy. Importantly, the firm embraced women’s leadership early; Barrister Remura Mahbub’s rise as a name partner and a standout in public international law and arbitration sent a signal about merit and inclusion.

When the pandemic disrupted everything, the firm’s early embrace of process paid off. Remote hearings, remote signings, virtual diligence, and digital matter rooms became the norm. Instead of waiting for things to return to “how they were,” TRW leaned in.

The digital turn: From paper-first to product-first (2020–2023)

The next chapter of the firm’s history is inseparable from its technology pivot. TRW began to build and buy the tooling it needed to practice the way it wanted to practice.

TRW.AC—the firm’s operating system. What began as a matter tracker became a unified platform for intake, conflict checks, document assembly, calendaring, budget tracking, and quality control. The system formalized what great partners were already doing in their heads and made it accessible to every team. As AI capabilities matured, TRW.AC integrated intelligent drafting, clause comparison, and review aids—used as a co-pilot rather than a crutch. The point was not to replace lawyers but to free them from low-value friction so they could do high-value thinking.

Specialized calculators and client tools. Public-facing utilities—such as an Islamic Inheritance Calculator, RJSC fee estimates, IP cost estimators, and due-diligence checklists—weren’t marketing gimmicks; they reflected the firm’s culture of demystifying complex processes for clients. Internally, the same mindset produced carefully versioned precedent banks and playbooks that were always one sprint away from an upgrade.

Content at scale. TRW built one of the most substantive legal content libraries in the country—explainer guides, process maps, FAQs, and sector primers—designed for business readers, not just lawyers. This content informed clients, trained juniors, and created a virtuous loop: the more the firm taught the market, the more complex work the market brought back.

Internationalisation and sector depth (2023–2025)

As the platform matured, the firm pushed outward.

Geographies. TRW anchored its home base in Dhaka while developing a meaningful presence in Dubai and London, enabling MENA and UK/EU support for clients with cross-border matters. The Dubai node strengthened inbound investment into Bangladesh and outbound support for Bangladeshi businesses in the Gulf. The London node—through partners with UK credentials—bolstered international arbitration, IP, and cross-border corporate work.

Sectors. The firm deepened its bench in energy (including power and renewables), infrastructure and construction, banking and financial services, technology, manufacturing, and real estate. Engagements ranged from licensing and regulatory approvals to M\&A, project documents, financing, and subsequent disputes.

Representative client base. Over the years, TRW has supported leading names in Bangladesh and beyond, including Max Power Limited, Bashundhara Oil and Gas, Akij Foundation, Abul Khair Tobacco, Neat Leather, Mayfield Bangladesh, Pubali Bank PLC, and IPDC Finance, among others—spanning banks/NBFIs, energy, manufacturing, and technology. The client list is both a source of pride and a constraint; confidentiality and deal sensitivities mean the firm often references matters generically rather than by name.

Arbitration and cross-border disputes. The firm has acted in high-stakes arbitrations seated in Asia and beyond, with cases involving supply contracts, EPC disputes, shareholder fallouts, and technology licensing. A willingness to engage with unfamiliar rules and jurisdictions—paired with local court strategy for interim relief and enforcement—made TRW a go-to for cross-border conflict.

Leadership and teams: The people behind the platform

TRW’s growth maps directly to its people. While not exhaustive, this sketch of the leadership landscape shows why the firm scaled:

• Barrister Tahmidur Rahman — Name Partner. Corporate, M\&A, banking/finance, and cross-border strategy.
• Barrister Remura Mahbub — Name Partner. Public international law, international arbitration, and complex disputes; a leading female voice at the Bar.
• Advocate Syed Wahid — Managing Partner. Firm operations, business services, and dispute resolution leadership.

A broader partner and senior team spans corporate, IP, disputes, tax, and sector-specific verticals. International partners extend the map: William Gerrans (USA), Mohammed Firoz Khan (MENA), Dr Sajib Hosen and Solicitor Behzad Sharmin (London), among others. The common thread is a client-first, training-forward culture in which juniors are trusted early, supported constantly, and evaluated fairly.

Culture in practice: What “TRW-style” really means

Law firms often talk about culture. TRW operationalises it. Three habits illustrate the point:

1) Write to be read. The firm drafts documents (and correspondence) in clean, client-readable English: headings that signal the answer, executive summaries, and layered detail. Courts and counterparties notice.

2) Promise outcomes, not hours. The firm scopes meticulously, prices honestly, and keeps clients informed. When scope changes, so do estimates. No surprises is a discipline, not a slogan.

3) Teach the market. The content engine is a standing invitation to clients: here’s how the law works, here’s what we’ve seen, here’s how to decide. Educated clients are TRW’s best clients.

Pro bono, community, and public-interest work

Market leadership brings obligations. TRW has supported community organizations and civic initiatives, notably through work related to BloodBag Foundation and Shohojatri, focusing on legal aid, child protection, technology safety, and social welfare engagement. These are not add-ons. They are part of how TRW views its role in Bangladesh’s legal and social fabric—help where expertise is scarce, make processes legible, and build institutional capacity.

Notable practice milestones (illustrative)

While many TRW matters are confidential, certain patterns stand out historically:

■ Banking & Finance. Acting for lenders and corporate borrowers on secured facilities for energy, manufacturing, and infrastructure projects; streamlining perfection and enforcement; advising NBFIs on regulatory compliance and product design.

■ Corporate & M\&A. Advising on cross-border acquisitions and joint ventures, including shareholder rights, investment protection, and exit pathways; designing governance frameworks for high-growth companies and family-owned businesses professionalising their management.

■ International Arbitration. Representing companies in supply and EPC disputes with proceedings in prominent arbitral seats; coordinating interim measures in Bangladeshi courts; managing enforcement and settlement strategy.

■ Intellectual Property. Registering and enforcing trademarks and patents for local and international brands; developing IP strategies for technology and consumer companies; coordinating cross-border enforcement.

■ Tax & Regulatory. Structuring transactions and defending assessments; advising on incentives, customs, VAT, and withholding; designing compliance calendars and SOPs that survive management turnover.

Technology, but human-centered

It is impossible to separate TRW’s history from its tooling. Yet the firm’s approach to technology is pragmatic and human-centered:

• Automation where it belongs. Templates and clause libraries accelerate first drafts; lawyers still own the nuance.
• Data to drive quality. Matter metrics—cycle times, revision counts, and issue trackers—enable coaching and continuous improvement.
• Client visibility. Dashboards and regular digests allow clients to see, in plain terms, what has been done, what is next, and what is blocking progress.
• Security and privacy. As the firm digitalized, it hardened systems, trained people, and audited processes—recognizing that confidentiality is the product in law.

Branding and communication: Educate first, sell later

TRW is known for long-form guides that untangle complicated topics—company formation, foreign investment procedures, business regulation, immigration pathways, property and land law, arbitration basics, and more. This is deliberate. The firm believes an educated client is an empowered client, and empowered clients choose partners, not vendors. If you browse the firm’s knowledge base, you will see the same pattern: click-through tables of contents, step-by-step flows, and actionable checklists. That’s not accidental; it’s the editorial standard.

For a taste of this approach, explore TRW’s knowledge content on its website: tahmidurrahman.com.

Governance, ethics, and risk management

A modern firm’s history also includes the quiet structures that keep it honest.

• Conflicts and independence. TRW operates a professional conflicts process that respects both legal rules and client expectations; the goal is not to maximize mandates but to protect trust.
• Training and supervision. Associates are guided through live matters with measurable checkpoints; partners review, but juniors learn by doing.
• Billing integrity. Clear scopes, staged deliverables, and time records that explain value. Where fixed fees are appropriate, TRW uses them; where uncertainty is inherent, the firm explains it and prices accordingly.
• Diversity and inclusion. The firm’s leadership includes accomplished women and internationally trained lawyers; talent selection emphasizes merit, communication, and resilience.

International capabilities: From Dhaka to Dubai and London

TRW’s cross-border work grew organically—clients who trusted the firm at home asked for help abroad. Rather than treating foreign elements as an afterthought, TRW invested in real capability:

• Dubai (MENA). A base for Gulf-facing clients and Bangladeshi companies operating in the Middle East—company setup, contracting, IP protection, employment, and disputes. It also serves as a hub for inbound investors eyeing Bangladesh projects.
• London (UK/EU). A platform for international arbitration, cross-border corporate work, IP, and coordination with UK/EU counsel and institutions.

The firm coordinates seamlessly across nodes, with shared playbooks, consistent templates, and unified client reporting. The internal technology stack makes the physical distance far less relevant than shared standards.

The next decade: What TRW is building toward

History is a throughline, not a destination. TRW’s next chapter rests on three pillars:

1) Scale with standards. Growth that never dilutes quality. That means deeper practice benches, more training, and even tighter checklists and model suites.

2) Sector specialism. Clients want lawyers who know their industry. TRW is doubling down on energy, infrastructure, financial services, technology, manufacturing, and real estate with sector-specific toolkits and regulatory maps.

3) Productized legal services. Not everything needs a bespoke solution. The firm will continue to develop packaged offerings—company setup, IP portfolios, recurring compliance, contract lifecycle management—priced transparently and delivered through TRW.AC.

A brief narrative timeline

Founding vision (early years). A team-centric firm focused on corporate, finance, disputes, and tax. Early growth through reliability, clean drafting, and partner access.

Professionalising operations (2019–2021). Practice groups, knowledge systems, service standards, and training pathways. Pandemic stress-test passed via process discipline.

Digital transformation (2020–2023). TRW.AC launched and matured; client-facing calculators and tools; content engine scaled.

International build-out (2023–2025). Dubai and London presence; deeper arbitration bench; sector specialism; wider client base.

What’s next (2025 →). Standards-driven scale, productised services, and more technology that frees lawyers to think, advise, and advocate.

Why clients choose TRW (recurring themes)

■ Business sense. Advice that marries legal analysis with commercial outcomes.
■ Execution. Clear plans, visible progress, and deadlines that stick.
■ Depth. Teams that know the sector and the regulator.
■ Reach. Dhaka expertise with Dubai/London connectivity.
■ Tools. A technology spine that turns good habits into firmwide systems.
■ Values. Integrity, inclusion, and contribution to the community.

Closing reflection

The best way to read TRW’s history is to look at its choices: to build a team, not a personality cult; to invest in process and technology before it was fashionable; to teach the market rather than hoard know-how; to expand internationally in ways that made client service better, not merely bigger. Those choices compound. They produce a firm that is faster without being careless, broader without being shallow, and global without forgetting where it began.

TRW’s future is being written by the same instincts that shaped its past: put clients first, empower lawyers, enforce standards, and keep building. If the firm’s history is any guide, the next chapter will be even more ambitious—and even more disciplined.

Summary Table: TRW Law Firm at a Glance

Contact TRW Law Firm

Phone
+8801708000660
+8801847220062
+8801708080817

Email
info@trfirm.com
info@trwbd.com
info@tahmidur.com

Global Locations
Dhaka: House 410, Road 29, Mohakhali DOHS
Dubai: Rolex Building, L-12 Sheikh Zayed Road.

To learn more about our services and publications, visit tahmidurrahman.com.

Winding up in Bangladesh in 2025

by Tahmidur Remura Wahid | Aug 10, 2025 | Uncategorized

Winding up in Bangladesh: Jurisdiction and Process

In this specific scenario, it is preferred that the Company moves towards winding up in a voluntary manner, as specified in section 234(1)(ii) of the Companies Act 1994(CA). 

In the process of winding up, the Company is permanently shut down with the dissolution being guided by an appointed liquidator. The RJSC, upon completion of the process, removes the name of the company from their database. The process of voluntarily winding up a company Bangladesh is as follows:

1. When the period, if any, specified in the articles of incorporation for the duration of the company expires or an event occurs for which the articles provide that the company is to be dissolved, and the company in general meeting has passed a resolution for winding up voluntarily; 
2. if the company resolves by special resolution that the company be wound up voluntarily; 
3. if the company resolves by extraordinary resolution that it cannot continue due to its liabilities;(s.286 of CA)

It should be emphasised that when the resolution for voluntary winding up is passed, the voluntary winding up process is assumed to have started.

The Process of voluntary winding up in Bangladesh:

1. Pass a special resolution in the board meeting for voluntary winding up.(s.287)

• Subsequent to such board meeting, issue an affidavit stating the Company will be able to pay off its debts within a certain period not exceeding 3(three years).(s.290) The Company must declare solvency.

• Notice of the same resolution shall be issued by the Company within 10(ten) days of such resolution and as per the guidelines enshrined within s.289 of the CA 1994.

• The board within its general meeting must pass extraordinary resolution to approve the winding up and appoint a liquidator.

• Within 5 weeks of making such declaration, file the necessary documents with the RJSC.

• Appoint a liquidator and notify the RJSC about the same within 21(Twenty One) days.(s.309 and s.310)

• The liquidator shall prepare final account before winding up.

• Extra-ordinary general meeting to pass issues related to disposal of books and papers of the company.

The following documents shall be filed with the RJSC:

The company need to comply and collect the following documents from several concerned bodies before closing their operation in Bangladesh.

• Certificate of Incorporation
• Memorandum & Articles of Association
• Return of Allotment (Form-XV)
• Latest annual summary of share capital and list of shareholders/directors (Schedule-X)
• Instrument of Transfer of Shares (Form-117)
• Encashment Certificate
• Import permit and related documents for shares issued against capital machinery
• Intimation of share issuance/transfer as per relevant guidelines
• Latest audited financial statements
• Certified copies of Form VIII evidencing special resolution for voluntary liquidation
• Liquidator’s certificates confirming full payment of liabilities and compliance with the Companies Act
• Winding up documents in accordance with the Companies Act
• Certification of overdue export proceeds and unmatched bill of entry
• Tax clearance certificate from NBR
• Police Clearance Certificate (where applicable)
• CIB report from Bangladesh Bank
• Bangladesh Bank FI-1 Reporting
• List of non-resident shareholders to whom proceeds are payable
• Liquidator’s undertaking regarding ineligible remittance amounts
• Obtaining any Clearance Letter from the Bangladesh Financial Intelligence Unit
• Closing Trade License
• Closing VAT License

Estimated timeline: 4-5 months.

Estimated cost: 8-10 Thousand USD (For two companies).

Striking off in Bangladesh: Jurisdiction and Process

The strike off process is not applicable within the Bangladesh jurisdiction. A Company in Bangladesh is not legally entitled to initiate a strike off. However, it is to be noted that the RJSC may initiate the process of strike off due to “inaction” of the Company. The process for the same by RJSC is as follows:

Estimated timeline: 4-5 weeks.

Estimated cost: 5-7 Thousand USD. 

AI-Integrated TRW.AC

by Tahmidur Remura Wahid | Jul 5, 2025 | Uncategorized

AI-Integrated TRW.AC: The Future-Ready Law Firm Management Software

In an era defined by lightning-fast information flows and hyper-competitive legal markets, law firms must leverage cutting-edge technology to stay ahead. TRW.AC—TRW Law Firm’s proprietary AI-integrated practice management platform—redefines how legal professionals work, communicate, and serve clients. By marrying robust workflow tools with advanced artificial intelligence, TRW.AC delivers a world-class experience: seamless collaboration, predictive analytics, and automated intelligence tailored to the unique demands of modern legal practice.

TRW.AC and The Evolution of Legal Practice Management

Legal practice management has evolved from paper-based files and manual time-keeping to cloud-hosted platforms and digital document repositories. Early tools addressed single needs—document storage, billing, or calendaring. Modern suites aim for end-to-end visibility: from client intake through matter closure. Yet few harness real-time intelligence to optimize decision-making. TRW.AC represents the next leap: a unified hub where every action is data-driven, every workflow is intelligent, and every user is empowered by AI.

Overview of TRW.AC

TRW.AC is the brainchild of TRW Law Firm’s IT and innovation team, built to address the complexities of multi-jurisdictional legal work. Hosted on secure cloud infrastructure, it integrates modules for:

• Notes
• Calendaring
• Costing
• Timelines
• Partner collaboration
• Feedback systems
• Community chat
• Leaderboards
• Statements
• Security monitoring

All under one centralized interface. Critically, TRW.AC embeds AI algorithms deep into its core, transforming raw data into actionable insights.

AI Integration in TRW.AC

At the heart of TRW.AC lies its AI engine, powered by Natural Language Processing (NLP), machine learning models, and predictive analytics. These components enable:

🟩 Automated Document Analysis – AI scans contracts, pleadings, and correspondence to extract key clauses, identify risks, and suggest edits.

🟩 Smart Time & Cost Prediction – Based on historical data, TRW.AC forecasts billable hours and expenses, helping partners quote realistic fees.

🟩 Intelligent Task Prioritization – The system ranks upcoming deadlines and tasks by urgency and matter value, ensuring nothing slips through the cracks.

🟩 Virtual Legal Assistant – A conversational AI interface answers routine queries—locating case files, pulling up statutes, summarizing meetings—accelerating workflows.

🟩 Outcome Modeling – TRW.AC analyzes past case outcomes to provide probability scores for litigation success or settlement ranges.

Key Features of TRW.AC

1. Unified Notes Module

The Notes feature allows lawyers to take text or list-based notes, link them to specific Case IDs, categorize them by practice area, and include projected billable hours. AI summarizes long-form notes into actionable items.

2. Advanced Calendar & Timeline

This isn’t just a basic calendar. It syncs with court schedules and internal milestones. Timeline visualizations highlight bottlenecks and automatically adjust schedules when conflicts are detected.

3. Costing & Billing Intelligence

Costing entries are smart. Users can log disbursements and time against rate cards, while AI compares current entries with past data to detect overbilling, underbilling, or delays.

4. Partner Collaboration & Feedback

Partners can comment, review, and approve notes and tasks. The feedback tool allows for structured reviews with scoring matrices on drafting, negotiation, research, and communication.

5. Community Chat & Leaderboard

The chat system fosters teamwork, while leaderboards reward performance. The system tracks metrics like billable hours, client satisfaction, and internal contribution scores.

6. Statements & Security

Statements provide real-time financial overviews per matter. AI-based audit trails identify unusual edits or access attempts to protect data.

Why TRW.AC Is World-Class

TRW.AC stands apart from traditional law firm software due to its:

🟩 AI-Powered Everything – From billing forecasts to legal research assistance, every module is infused with intelligent automation.

🟩 Domain-Specific Customization – Corporate, litigation, arbitration, IP, tax—TRW.AC adapts its interface and AI predictions based on the practice area.

🟩 Beautiful User Experience – Its modern interface is responsive, fast, and intuitive.

🟩 Global-Ready – GDPR compliant, ISO-ready, and compatible with cross-border legal standards.

🟩 Proven ROI – Internal benchmarks show a 25% drop in admin work and a 15% increase in billable efficiency within 6 months.

Implementation Timeline

1. Initial Assessment – TRW’s onboarding team conducts meetings with practice heads.
2. Migration – Documents, billing records, and timelines are securely migrated.
3. Configuration – Rate cards, case templates, and AI models are customized.
4. Training – Hands-on training for partners and associates.
5. Go-Live – A full-firm launch, with performance tracked weekly.

Integration with TRW Law Firm Ecosystem

TRW.AC works seamlessly with TRW’s client dashboards and knowledge repositories. When a lawyer updates a note or timeline, the change reflects in client portals. Clients receive real-time updates on their matters—building unmatched transparency and trust.

Security & Compliance

TRW.AC features end-to-end encryption (AES-256), zero-trust architecture, IP tracking, activity logs, and compliance with:

🟩 ISO 27001
🟩 GDPR
🟩 Bar Council privacy mandates

Its AI actively monitors for threats and flags unusual behavior.

Future of TRW.AC

The roadmap for TRW.AC includes:

🟩 AI-powered deposition summaries
🟩 Predictive arbitration timelines based on tribunal behavior
🟩 Global matter heatmaps
🟩 Blockchain-backed digital signing
🟩 Automated conflict-of-interest detection

With continuous updates and integration into TRW’s litigation, M&A, and IP units across Dhaka, London, and Dubai, the vision is clear: to become the world’s most intelligent legal operating system.

Summary Table

Contact Information

📞 Phone Numbers:
+8801708000660
+8801847220062
+8801708080817

📧 Emails:
info@trfirm.com
info@trwbd.com
info@tahmidur.com

📍 Global Law Firm Locations:
Dhaka: House 410, Road 29, Mohakhali DOHS
Dubai: Rolex Building, L-12 Sheikh Zayed Road