Commercial transactions involve the preparation, negotiation and implementation of agreements relating to goods, services, investments, partnerships, corporate arrangements and international trade. Legal assistance may cover contract drafting, due diligence, transaction structuring, risk allocation, payment mechanisms and regulatory compliance.
The Bangladesh legal framework includes the Contract Act, 1872, Sale of Goods Act, 1930, Companies Act, 1994, Partnership Act, 1932, Negotiable Instruments Act, 1881, Customs Act, 2023, Import and Export Control Act, 1950 and Foreign Exchange Regulation Act, 1947.
Cross-border transactions may additionally involve WTO rules, GATT 1994, CISG, UNCITRAL principles and ICC Incoterms rules. The applicable framework depends on the contractual arrangements, governing law, parties, place of performance and nature of the transaction.