Trusted Annual Compliance & Filing Services for Companies

Get the Best Annual Compliance & Filing Services From Us

Tackling the intricate compliance maze in Bangladesh can seem like a daunting task for any business, whether public or private. But fear not! Outsourcing BD got your back. We’re masters at navigating the twists and turns of Bangladesh’s corporate laws and regulations. Our top-notch Annual Compliance & Filing Services are here to lift the weight off your shoulders, freeing you up to concentrate on the exciting part – scaling your business to new heights!

Here are 6 annual compliance and filing services checklists for Bangladeshi Private Limited companies:

1. Annual Returns Filing

To keep everything up and up, it’s super important to get your annual returns sorted and filed with the RJSC on time. Basically, you’ve got to keep them in the loop if there’s any change in who owns shares, if you’re switching up the board with new faces or saying goodbye to others, and you’ve got to hand in the latest financial statements.

2. Tax Compliance

Getting your annual tax returns ready and submitted to the National Board of Revenue (NBR) doesn’t have to be a headache. We keep up with the latest tax rates, deductions, and allowances for you. Plus, we’ll help with tax planning to make sure your company’s tax position is as good as it can be. So you don’t have to hassle a lot.

3. Company Secretary Services

Maintaining statutory books and records is a crucial aspect of corporate compliance, involving the recording of minutes from both board and general meetings. This process is a requirement under the Companies Act of 1994, ensuring that all corporate actions are thoroughly documented and accessible for legal and auditing.

4. Financial Auditing

Collaborating with certified auditors plays a crucial role in the execution of annual financial audits, ensuring that the financial statements accurately and fairly reflect the company’s financial position. This rigorous process is in accordance with the strict requirements set forth by the Companies Act, of 1994. We’ll help you with that no worries.

5. Compliance with Securities

For companies listed on the Dhaka Stock Exchange (DSE) or Chittagong Stock Exchange (CSE), ensuring compliance with all relevant SEC regulations, including quarterly financial reporting and adherence to corporate governance guidelines. This is test This is test This is test This is test. This is test This is test This is test.

6. Renewals and Licenses

Our services facilitate the renewal of trade licenses, ensuring businesses comply with local regulations. Our expertise extends to navigating the complex landscape of industry-specific permits and licenses mandated by Bangladeshi laws and regulations, providing comprehensive support to ensure legal compliance.

Make Paperwork Less Painful with Our Annual Compliance & Filing Services

Our annual compliance & filling services stand unparalleled in Bangladesh due to our unyielding commitment to precision, reliability, and client satisfaction. At OutsourcingBD, we understand the complexities of annual compliance and have fine-tuned our offerings to ensure that businesses can seamlessly fulfill their legal obligations without the stress that typically accompanies such processes.

1. Preparation and Filing of Annual Returns
2. Tax Filing and Compliance Services
3. Company Secretarial Services
4. Financial Statement Audits
5. SEC Compliance for Listed Companies

6. Business License Renewals
7. Industry-Specific Permits and Licenses
8. Labor Compliance and Filings
9. Intellectual Property Registrations and Renewals
10. Data Protection and Privacy Compliance

11. Environmental Compliance
12. Foreign Investment Compliance
13. Export-Import Compliance
14. Corporate Restructuring and Insolvency Compliance
15. Customized Compliance Training

Discover Why OutsourcingBD is at the Top for Annual Compliance & Filing Services

1. Unmatched Expertise and Local Insight

Our team brings together decades of combined experience in annual compliance and regulatory affairs within the Bangladeshi market. This deep-rooted understanding enables us to provide tailored solutions that address the unique challenges faced by private limited companies.

2. Comprehensive Service Portfolio

OutsourcingBD offers an unparalleled range of services that cover every aspect of annual compliance and filling requirements. From tax filing, and company secretarial services, to handling SEC regulations and business license renewals, our holistic approach ensures that no stone is left unturned.

3. Client-Centric Approach and Reliability

At the core of our services is a commitment to client satisfaction and reliability. We understand the importance of meeting deadlines and maintaining accuracy in all compliance-related filings. Our proactive communication and personalized service ensure that our clients are always informed and confident.

Essential Documents Required for Annual Compliance and Filing in Bangladesh

Ensuring annual compliance and completing filing requirements in Bangladesh necessitates a broad array of essential documents. These range from financial statements, such as profit and loss accounts and balance sheets, to statutory records including board meeting minutes and shareholders’ resolutions.

Tax returns, audit reports, and proof of regulatory filings with entities like the RJSC (Registrar of Joint Stock Companies), NBR (National Board of Revenue), and SEC (Securities and Exchange Commission) are also pivotal.

Additionally, updated trade licenses and specific industry permits must be duly maintained and presented upon request.

At OutsourcingBD, we understand the complexity and breadth of documentation required to comply with Bangladeshi laws. Therefore, we have meticulously designed our services to not only provide but also simplify each step for our clients. From gathering and preparing all the necessary documents to ensuring they meet the latest legal standards, our team leverages its expertise and local knowledge to streamline the compliance process.

OutsourcingBD’s 3 Key Phases for Annual Compliance and Filing Services

1. Preparation Phase

In the Preparation Phase, we gather essential documents and information from the client, including financial statements, tax filings, and payroll services. Our team reviews these for compliance and identifies potential issues, updating or creating corporate policies to align with current regulations. This phase is crucial for building a solid foundation for the next steps in the compliance and filing process.

2. Execution Phase

In the execution phase, we focus on meticulously preparing all required filings. This includes generating financial statements, completing tax returns, and preparing statutory submissions. We use our expertise to minimize taxes and maximize incentives or benefits. Our annual compliance calendar ensures we meet all deadlines while we also offer continuous communication to keep our clients informed.

3. Review and Submission

In the Review and Submission Phase, we closely review all documents for accuracy and completeness, checking financial data and tax calculations for compliance with regulations. Once verified, we submit the filings to the authorities and provide our clients with a detailed report on the filing process, outcomes, and recommendations to enhance compliance and efficiency for the following year.

Frequently Asked Questions (FAQs)

What is meant by annual compliance?

Annual compliance refers to the mandatory requirement for businesses to fulfill and submit various legal and financial documentation each year to remain compliant with local regulations. This includes tax filings, financial audits, and maintaining up-to-date corporate records. Meeting these obligations ensures that a company operates within the legal framework set by governing bodies.

How do you file annual compliance?

Filing annual compliance involves several steps, including preparing financial statements, completing tax returns, and submitting required documents to the relevant regulatory authorities. Businesses should start by reviewing their compliance calendar to ensure all filings are made before the deadlines. Using a professional service like OutsourcingBD can streamline the process, ensuring accuracy and timeliness in meeting these obligations.

What is a compliance annual report?

A compliance annual report is a document that a company submits to regulatory bodies, detailing its adherence to relevant laws and regulations over the financial year. This report typically includes financial statements, disclosures of any legal issues, and a statement of compliance with local corporate laws.

What is ROC filing?

ROC filing refers to the submission of various documents to the Registrar of Companies (ROC), a requirement for businesses operating under corporate law in many jurisdictions. The filings include annual returns, financial statements, and other mandatory forms that disclose company details such as registered office, directors, shareholders, and financial health. ROC filing is crucial for maintaining corporate legal compliance and transparency.

Annual Compliance And Filling