2.3. Legal and Regulatory Framework

The legal environment in Bangladesh operates on a robust statutory foundation. The regulatory architecture is anchored in principal acts passed by the Jatiya Sangsad, including the Companies Act 1994, the Income Tax Act 2023, the Value Added Tax and Supplementary Duty Act 2012, and the Customs Act 2023. These primary statutes are supplemented by specialized rules and Statutory Regulatory Orders (SROs) issued by the National Board of Revenue (NBR) and the Central Bank, ensuring a stable, legally protected structure for global capital.