After reading the title, you may wonder. Is it possible to run a partnership business without registration?
The answer is yes, unregistered partnership can legally run business in Bangladesh.
Partnership is the most convenient vehicle for carrying out business by more than one person. In comparison with company, partnership has less obligations in terms of both tax and Register of Joint Stock Companies and Firm (“RJSC”) return filling. It also cost less to maintain a partnership than a company.
In Bangladesh, the relevant law for regulating partnership is the Partnership Act 1932 (“Partnership Act”).
You might find it interesting, the Partnership Act does not need even a written agreement between the partners.