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Our direct tax compliance services encompass a comprehensive range of activities designed to ensure businesses adhere to relevant tax laws and regulations in Bangladesh. These services are essential for taxpayers to fulfill their obligations accurately and punctually, while also maximizing their tax positions within the legal framework.
Included in our offerings are the following common direct tax compliance services:
E-TIN: E-TIN is a unique 12 digit number allocated to each business by the National Board of Revenue (NBR) in Bangladesh. If you are planning to set-up, we can assist you with this foundational step through submission of appropriate documents to obtain a unique E-TIN for your business.
Day-to-Day Compliance: We assist businesses in meeting tax withholding requirements by reviewing invoices, calculating applicable withholding tax, submitting payments to government authorities, and maintaining records of transactions and relevant documents.
Monthly Compliance: We aid businesses in preparing and submitting monthly withholding tax returns by the specified deadline, facilitating the arrangement of necessary tax challans and ensuring proper documentation for future reference.
Quarterly Compliance: Our services extend to computing and payment of Quarterly Advance Income Tax obligations on behalf of businesses.
Annual Compliance: We support clients in filing annual income tax returns by gathering financial information, analyzing tax implications, and completing required forms according to National Board of Revenue (NBR) guidelines. For international businesses, transfer pricing returns are also prepared alongside income tax filings.
Representation Before Tax Authorities: We provide representation and support in interactions with tax authorities, including responding to inquiries, providing clarifications, resolving disputes, and attending appeals and tribunals, safeguarding clients' interests and ensuring fair treatment under the law.
In summary, our direct tax compliance services are integral to facilitating your adherence to tax laws, optimizing tax positions, and mitigating risks associated with non-compliance. These services contribute significantly to the financial well-being and regulatory compliance of individuals and businesses operating in Bangladesh.
Company Tax Rates in Bangladesh (2024-2025)
Types of Company | Tax Rate |
Private limited company | 27.5%/25% |
Publicly traded and listed company in stock exchanges | 20%/22.5% OR 22.5%/25% |
One-person Company | 22.5%/20% |
Bank, insurance and non-banking financial institution (Publicly traded/ Non-Publicly traded) | 37.5%/40% |
Merchant Bank | 37.5% |
Mobile phone operator company (Publicly traded/ Non-Publicly traded) | 45% |
Cigarette and Tobacco product manufacturing company | 45%+2.5% surcharge |
