Simplify Tax Compliance in Bangladesh with Our Services

As Bangladesh is becoming a middle-income country, the tax authority is implementing some new tax rules which can be tricky! But don’t worry our tax experts and services are here for you. At OutsourcingBD, we understand the challenges of navigating the tax landscape in Bangladesh. That’s why we offer comprehensive services to simplify tax compliance for our clients.

We offer full assistance in tax compliance in Bangladesh. From large companies to small ones, sole proprietors to individuals we provide all kinds of tax license-related support. Outsourcing BD completely follows the Bangladeshi taxation rules provided by the NBR (National Board of Revenue). From within the system, our tax experts sorted some magnificent tax compliance services that are safe and can ease your taxation process.

In response to the complexities of the Bangladeshi tax system, both individuals and businesses must adopt strategic personal income tax compliance plans. Our approach is designed to alleviate the burden of compliance, ensuring that our clients are fully aligned with current tax license laws and regulations. Likewise, some key factors play a vital role in ensuring tax compliance. The list I provide below will help you to understand.

Here are some key factors that play a significant role in ensuring tax compliance in Bangladesh:

1. Tax Identification Number (TIN)

2. Documentation Keeping

3. Regulatory Environment

4. Tax Deductions at Source (TDS)

5. Filing Deadlines

6. Digital Compliance

7. Tax Incentives and Exemptions

8. Environmental Taxes

9. Tax Audits and Disputes

Unveil a Hassle-Free Tax Compliance Journey in Bangladesh with Our Expert Services

With our team of experienced tax professionals, we provide personalized services tailored to meet the specific needs of each client. Our goal is to alleviate the burden and stress of tax compliance for individuals and businesses in Bangladesh. So here are the services OutsourcingBD provides:

  • Financial Regulatory Check

  • Court & Civil Litigation Checks

  • Tax Consultation And Advisory

  • Tax Return Preparation And Filing

  • International Tax Planning

  • Customs And Excise Advisory

  • Tax Audit And Litigation Support

  • Transfer Pricing Services

  • Tax Training And Workshops

  • Tax License & Risk Management

Benefits of Choosing OutsourcingBD’s Services for Tax Compliance in Bangladesh

Save time and effort: Navigating the complexities of tax compliance can be time-consuming and overwhelming. With tax equalization services, you can focus on your core business while we handle your tax obligations.

Avoid penalties and fines: Non-compliance with tax regulations in Bangladesh can result in hefty penalties and fines. Our tax equalization services team ensures that all tax returns are prepared accurately and filed on time to avoid any penalties.

Tax Compliance

Reduce stress and burden: Tax compliance in Bangladesh can be a stressful and burdensome task, especially for businesses. With our services, we take the burden off your shoulders and simplify the tax compliance process for you.

Expert advice: Our team of experienced tax professionals provides expert advice on tax matters, ensuring that you are always in compliance with the latest regulations. We also offer tax planning services for corporate income tax to help you minimize your tax liability.

Cost-effective: Our services are designed to be cost-effective, providing value for your money. With our expertise and knowledge of the tax system in Bangladesh, we can help you save on taxes and maximize your profits.

Streamlined process: OutsourcingBD uses the latest technology to streamline the tax filing process, making it faster and more efficient.

Personalized service: Our approach is tailored to meet the unique needs of each client, ensuring personalized attention and solutions that best fit your business.

Continuous support: We offer year-round support, not just during the tax season, to address your queries and concerns promptly.

Secure handling of data: We prioritize the security of your financial data, employing robust measures to protect your information.

Compliance assurance: Stay ahead of legal obligations with our assurance of compliance with all current tax laws, licenses, and regulations, avoiding future complications.

Who We Serve With Our Tax Compliance Services

Our services cater to businesses of all sizes, from startups and small enterprises to large corporations. We also provide personalized solutions for individuals with complex tax situations or international tax obligations. Our tax support team possesses extensive knowledge of Bangladesh’s tax laws and regulations, helping us to provide tailored solutions for your specific needs.

Outsourcing BD is dedicated to providing specialized tax compliance solutions to:

Small, medium and big all kind of enterprises

Big as well as small and medium-sized enterprises (SMEs) looking to navigate complex tax regulations. Our commitment extends to ensuring our clients receive the most current and effective advice.

Entrepreneurs

Individual entrepreneurs seeking to optimize their tax positions. We highly motivate and completely extend our hands to individuals seeking tax compliance for their entrepreneurship.

Large corporations

Large corporations require assistance with international tax strategies. OutsourcingBD has a really large number of experts who can assist big companies without any hassle.

Small startups

Startups in need of cost-effective tax planning and compliance guidance. We provide personal lookups and advisory systems for new startups and handle them with care.

Multinational corporations

Multinational corporations looking for expert guidance on transfer pricing, international taxation, customs duties, and other related areas. Currently, some reputed multinational farms are our customers and happy with our services.

Individuals with complexity in tax compliance

Individuals with complex tax situations, such as freelancers, expatriates, or investors with cross-border income. We provide personal services for our customers and help them to mitigate their one-to-one tax problems.

Simplify Tax Compliance

Frequently Asked Questions (FAQs)

What is the tax period in Bangladesh?

The tax period in Bangladesh typically follows the fiscal year, starting on 1st July and ending on 30th June of the following year. This period applies to calculating and filing individual and corporate tax returns.

The taxation framework in Bangladesh is divided into three geographical zones, each served by a dedicated tax office responsible for enforcing tax legislation. Zone 1 includes Dhaka and Mymensingh divisions, Zone 2 covers Chittagong and Sylhet, and Zone 3 consists of Rajshahi, Rangpur, and Khulna divisions.

Green Tax Policy indicates that the Bangladesh Road Transport Authority (BRTA) will levy a tax on all vehicles exceeding 10 years of commercial life. After a full compatibility checkup, this tax will apply to government and private vehicles, including bikes, cars, and micro-buses.

TDS, or Tax Deducted at Source, is a method where tax is deducted directly from income sources, according to the National Board of Revenue (NBR) of Bangladesh. It ensures tax is collected when payments like salary, rent, or professional services are made, promoting a steady income for the government and minimizing tax evasion.

Simplifying Complex Solutions for Your Business’s Success.

Don’t wait until the next tax season to get your compliance in order. Act now and stay ahead in the competitive landscape of Bangladesh.

Contact Us Today