To enable consistent growth, businesses across the globe are required to adhere to legal compliances and regulations. However, keeping the intricate legal landscape in mind, organizations worldwide are increasingly turning to legal consultants. Corporate legal consultants are third-party legal experts who enable enterprise goals while navigating businesses through complex legal landscapes to achieve compliance. One of the largest economies in the South Asian region, Bangladesh attracts global attention as one of the most vibrant investment propositions.
The growing business scenarios in the country have helped the corporate legal consultancy sector experience massive growth over the years. Among the leading corporate lawyer firms, one organization that stands out from the rest in terms of industry expertise, service portfolio, and client experience is Advocacy Legal.
Led by Md. Noushad Parvez, Advocacy Legal is a Dhaka-based full-service law firm that offers a wide range of legal services encompassing family law, corporate law, company law, immigration law, intellectual property, and representation in the tribunals, district courts, and apex courts. Apart from immigration and visa matters, the firm also offers complete legal assistance and post-registration legal services to its foreign clients looking to set up new businesses in Bangladesh. As one of the strongest and largest legal teams in Bangladesh, the firm's operation is spearheaded by a strong advisory panel consisting of regularly practicing senior lawyers.
Helping Foreign Clients with Business Setup
The promising business landscape of the country attracts various foreign investors and organizations to set up business.
Whether opening a new branch or liaison office in Bangladesh, an organization has to follow a specific process, which includes complying with various regulations as well as getting certain approvals and permissions across departments. That's where Advocacy Legal comes in. The firm helps its foreign clients navigate through the complex legal and compliance process to set up their venture in the country successfully.
Advocacy Legal also provides tax services, where the in-house tax team goes through organization books and records to prepare tax assessment reports. The firm is also associated with various CA firms to assess client audit reports. Apart from that, the firm also provides legal services for issues related to import and export, including airport issues, customs authorities, and many more. In case of language barriers, for instance, Chinese clients, the firm also has an in-house translator team to ensure a smooth client experience.
Certain laws also need to be followed in case of an agreement between a foreign organization and a Bangladeshi buyer. "In case of a buyer not complying with the contract terms and conditions or trademark infringement, we try various options, such as sending them a legal notice or calling them for an amicable settlement. In cases where all options fail, we finally go to court", adds Noushad.
Offering Legal Assistance to New Businesses
Over the years, Advocacy Legal has built a strong reputation as a one-stop corporate legal service provider for new businesses. The firm offers a wide range of services, including Auditing, Labor Issues Management, Mergers & Acquisitions, Share Transfer, Brand Protection, and many more. In case of issues involving transactions, the firm also helps clients with finance recovery. The firm also offers assistance to its clients in case of high-stake legal matters. “Honestly, instead of going to court, I prefer setting issues amicably. As a mediator, I always offer the clients and the parties to sit for an amicable settlement through legal notices, also known as Alternative Dispute Resolution (ADR). I listen to queries from both sides, find out the gaps, and try to resolve them amicably”, explains Noushad.
Future Roadmap
Starting in 2019, Advocacy Legal has come a long way in terms of overall expansion and client support. Coming to the future roadmap, the firm has strategic plans in place to go global. “I aim to guide this firm to become a multinational law firm. I find various processes, such as mediation and corporate documentation, to be pretty much the same globally”, Noushad signs off.
Md. Noushad Parvez, Head of Chambers
Md. Noushad Parvez is an accomplished advocate of the Supreme Court of Bangladesh and Business Startup Legal Adviser with extensive experience providing legal services and consultations across a wide range of matters. As the Head of Chambers at Dhaka-based leading complete service law firm Advocacy Legal, his responsibilities include effective case management, client counseling, and general legal work. An extremely competent practicing lawyer, Noushad has two LL. B. (Hon’s.) Degrees, an LL. M. Degree with the Dean’s Medal, and a Diploma-in-Law Degree from reputed universities in Bangladesh and abroad. Additionally, he as obtained PcBLL from WARD, UK on Bangladesh labour Law. Thus, he is also a certified consultant on Bangladesh Labor Law.