Expertise
Taxation & Compliance
Corporate and personal tax planning, e-return filing, VAT and customs advisory, tribunal representation, and cross-border tax compliance.
In short
Tuhin & Partners advises on tax in Bangladesh: corporate and personal income tax planning and return filing, VAT registration and compliance, customs and duty questions, withholding obligations, transfer pricing exposure for group transactions, and representation before the tax authorities and tribunals. The National Board of Revenue (NBR) administers income tax, VAT and customs, and the firm deals with all three.
Key takeaways
- Income tax, VAT and customs in Bangladesh are all administered by the National Board of Revenue (NBR).
- The standard rate of VAT is 15%; reduced and specific rates apply to particular goods and services.
- Withholding tax obligations sit on the payer, so an unaware payer carries the exposure rather than the recipient.
- Tuhin & Partners advises on planning and compliance and represents clients in assessments, appeals and tribunal proceedings.
Our Taxation services help individuals and businesses manage tax obligations efficiently, ensuring compliance with Bangladesh’s tax laws while optimising financial outcomes.
Our services include
- Corporate and personal income tax planning.
- E-return preparation and filing assistance.
- Representation before tax authorities and tribunals.
- VAT, customs, and indirect tax advisory.
- Cross-border tax, transfer pricing and double taxation compliance support.
Common questions
What is the rate of VAT in Bangladesh?
The standard rate of VAT is 15%. Reduced rates, specific rates and exemptions apply to certain goods and services, and the applicable rate should be confirmed for the particular supply rather than assumed.
Does a foreign company need to register for VAT in Bangladesh?
A foreign company carrying on taxable activity in Bangladesh, including through a branch, may be required to register for VAT, and in some cases must do so through a VAT agent. Whether registration is triggered depends on the nature and place of supply.
Does Bangladesh have double taxation treaties?
Yes. Bangladesh has double taxation avoidance agreements with a number of countries, which can reduce withholding on dividends, interest and royalties. Treaty relief usually depends on producing a tax residency certificate and satisfying the treaty conditions, so it needs to be planned rather than claimed after the fact.
Is transfer pricing regulated in Bangladesh?
Yes. Bangladesh has a transfer pricing regime applying to international transactions between associated enterprises, with documentation and reporting obligations. Groups with intercompany charges into or out of Bangladesh should expect the pricing of those charges to be examined.
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