Complete Guide to Company Tax Return Filing & Daily Compliance in Bangladesh (AY 2025–2026)
Running a company in Bangladesh comes with a set of statutory tax and regulatory obligations that must be complied with from the very first day of incorporation.
According to the Income Tax Paripatra for Assessment Year (AY) 2025–2026, issued by the National Board of Revenue (NBR), the Company Income Tax Return Submission Deadline is clearly fixed as 15 March.
This deadline is officially mentioned in the online version of the Income Tax Paripatra, Page No. 15, leaving no room for ambiguity.
In this article, VATax BD (vataxbd.com) will guide you through everything you need to know about company tax return filing and day-to-day tax compliance, starting from day one of company incorporation.
Failure to submit the return within this deadline may result in:
Monetary penalties
Disallowance of expenses
Increased scrutiny from tax authorities
Difficulty in bank loans, LC, and regulatory approvals
Why Company Tax Compliance Must Start From Day One
Many businesses assume tax compliance begins at year-end. In reality, company compliance starts the day you incorporate your company with RJSC.
From that moment onward, you are legally required to comply with:
Income Tax laws
Withholding Tax provisions
VAT regulations
Payroll and employee tax compliance
Periodic statutory filings
Proper compliance not only avoids penalties but also builds financial credibility with banks, investors, and regulators.
1. Quarterly Withholding Tax Return (TDS Return)
One of the most important recurring obligations for a limited company is the Quarterly Withholding Tax Return.
Who Is Required to Submit?
As a limited company, you are legally considered a Withholding (Deducting) Authority under NBR rules.
What Taxes Must a Company Deduct?
You must deduct Advance Income Tax (AIT / TDS) from the following payments:
✔ Employee Salary (Salary Tax)
Deduct tax from staff salaries as per NBR salary tax slabs
Maintain payroll records and tax computation sheets
✔ Office Rent
If your office premises are rented, you must deduct AIT from rent payment
Deposit tax through government challan
✔ Supplier & Vendor Payments
Deduct AIT while making payments to suppliers, contractors, service providers, etc.
Applicable rates vary depending on service type
Depositing Withholding Tax
All deducted taxes must be:
Deposited to the government treasury through A-Challan
Paid within the prescribed timeline
Quarterly Withholding Tax Return Submission
After depositing the tax:
Prepare TDS challan summaries
Compile withholding details
Submit the Quarterly Withholding Tax Return to NBR
2. Monthly VAT Return Submission (Mushak-9.1)
Another critical and recurring compliance obligation for every VAT-registered company in Bangladesh is the Monthly VAT Return Submission, commonly known as Mushak-9.1.
Once a company is registered under VAT with the National Board of Revenue (NBR), submitting a monthly VAT return becomes mandatory, regardless of whether there is sales activity in that month or not.
Who Must Submit Monthly VAT Return?
Any company that has:
VAT Registration (BIN Number)
must submit Mushak-9.1 every month through the NBR VAT Online System.
VAT Return Submission Deadline
Return Type: Monthly VAT Return (Mushak-9.1)
Submission Deadline: Within 15 days of the following month
Authority: National Board of Revenue (NBR)
What Is Included in Monthly VAT Return (Mushak-9.1)?
A proper VAT return includes detailed information on:
✔ Sales Information
Taxable sales
Zero-rated or exempted sales
Output VAT calculation
✔ Purchase Information
Local purchases
Import purchases
Input VAT eligible for adjustment
✔ VAT Payable or Adjustable
Net VAT payable to government, or
Carry-forward input VAT credit
VAT Payment Through Challan
If VAT is payable:
The amount must be deposited through VAT Challan (Treasury Deposit)
Payment must be completed before submitting Mushak-9.1
The challan reference number must be correctly mentioned in the VAT return.
Key VAT Compliance Records to Maintain
To ensure smooth VAT compliance, a company must maintain:
VAT Purchase Register
VAT Sales Register
Mushak Challans
Tax Invoices
Debit & Credit Notes
Stock Register (if applicable)
Common VAT Compliance Mistakes Companies Make
Missing monthly return deadline
Incorrect VAT rate application
Claiming ineligible input VAT
Mismatch between VAT return and accounting records
Not submitting NIL returns
Such mistakes can lead to financial penalties and legal complications.
How VATax BD Supports Monthly VAT Compliance
At VATax BD (vataxbd.com), we provide complete support for:
Monthly Mushak-9.1 preparation & submission
VAT challan preparation
VAT reconciliation with accounts
Input VAT eligibility review
Handling VAT notices and audits
We ensure your company remains fully compliant with NBR VAT laws — on time, every time.
3. FDI Report Submission (Foreign Direct Investment Compliance)
For companies in Bangladesh that receive foreign investment, submitting the FDI Report is a mandatory regulatory compliance requirement. This obligation applies from the moment foreign capital is injected into the company,
FDI reporting is jointly monitored by:
Bangladesh Bank
Bangladesh Investment Development Authority (BIDA)
National Board of Revenue (NBR)
Failure to submit FDI reports properly may result in regulatory complications, audit issues, and restrictions on future fund repatriation.
What Is an FDI Report?
An FDI Report is an official declaration of:
Foreign equity investment
Share capital subscription by non-resident investors
Reinvestment of earnings
Any changes in foreign shareholding
This report ensures transparency and compliance with Foreign Exchange Regulations in Bangladesh.
Who Is Required to Submit FDI Report?
FDI reporting is mandatory if your company has:
Foreign shareholders (individual or corporate)
Share capital invested from abroad
Investment through inward remittance
Foreign investors holding shares via capital machinery or technology contribution
Even a small percentage of foreign ownership triggers FDI compliance.
Relationship Between FDI, Tax & Corporate Compliance
FDI reporting is closely linked with:
Company Income Tax Return
Withholding Tax on dividend
RJSC annual filings
Mismatch between FDI records, tax returns, and financial statements may lead to regulatory scrutiny.
Common FDI Compliance Mistakes
Not reporting foreign investment on time
Mismatch between bank records and share capital
Incorrect valuation of investment
Incomplete documentation
These errors can delay approvals and affect investor confidence.
4. Audit & Financial Reporting Compliance
Audit and Financial Reporting Compliance is one of the most critical statutory obligations for companies operating in Bangladesh. Every company—regardless of profit or loss—must prepare proper financial statements and, where applicable, get them audited by a qualified Chartered Accountant in accordance with prevailing laws and regulations.
This compliance ensures financial transparency, regulatory acceptance, and long-term business credibility.
Who Must Comply with Audit Requirements?
Audit compliance is mandatory for:
Private Limited Companies
Public Limited Companies
Companies with foreign investment
Companies required to submit audited accounts to NBR, RJSC, or Bangladesh Bank
Even loss-making or dormant companies are required to prepare financial statements.
Statutory Financial Statements to Prepare
A compliant company must prepare the following financial statements:
Statement of Financial Position (Balance Sheet)
Statement of Profit or Loss
Cash Flow Statement
Statement of Changes in Equity
Notes to the Financial Statements
These statements must be prepared in accordance with:
IAS / IFRS as adopted in Bangladesh
Companies Act, 1994
Income Tax Ordinance & Rules
5. RJSC Annual Return Submission & Statutory Filings
Every company incorporated in Bangladesh is legally required to submit Annual Returns and statutory documents to the Registrar of Joint Stock Companies and Firms (RJSC).
RJSC compliance is not optional—it is a core legal obligation under the Companies Act, 1994.
Failure to submit RJSC returns on time may result in financial penalties, director disqualification risks, and operational restrictions, including bank account dormancy.
Who Must Submit RJSC Annual Return?
RJSC Annual Return submission is mandatory for:
Private Limited Companies
Public Limited Companies
Even if a company has no transactions, RJSC filing is still required.
Importance of RJSC Compliance
Proper RJSC filing ensures:
Legal validity of company status
Updated director & shareholder records
Smooth banking operations
Eligibility for loans, LC, and investment
Strong corporate governance
Banks often mark accounts as temporarily dormant if RJSC returns are not updated.
Relationship Between RJSC, Tax & Audit Compliance
RJSC filings must align with:
Company Income Tax Return
Audited Financial Statements
FDI Reports (if applicable)
Inconsistencies across these filings may trigger NBR or Bangladesh Bank queries.
Conclusion: Complete Company Compliance Is Not Optional—It’s a Business Necessity
Company compliance in Bangladesh is not limited to annual tax return submission—it is a continuous, structured, and legally binding process that starts from the very first day of incorporation.
As discussed in this guide, every company must strictly comply with multiple statutory requirements, including:
Company Income Tax Return submission by 15 March (as per NBR)
Quarterly Withholding Tax Return (TDS) as a deducting authority
Monthly VAT Return (Mushak-9.1) submission within due timelines
FDI Reporting for companies with foreign investment
Audit & Financial Reporting Compliance
RJSC Annual Return & Statutory Filings to maintain legal company status
Each of these compliances is interconnected. Any delay, mismatch, or omission in one area can trigger penalties, audits, banking issues, or regulatory notices from NBR, Bangladesh Bank, or RJSC.
Why Proactive Compliance Matters
Proper and timely compliance ensures:
Protection from legal and financial penalties
Smooth banking, LC, and investment processes
Strong corporate credibility and governance
Peace of mind for directors and shareholders
Companies that maintain consistent compliance are always better positioned for growth, funding, and long-term sustainability.
Let VATax BD Be Your Compliance Partner
At VATax BD (vataxbd.com), we don’t just file returns—we build compliance systems for your business.
From day-one advisory to year-end filings, our expert team ensures your company stays fully compliant and regulation-proof.
If you are a startup, growing business, or foreign-invested company, professional compliance support is not an expense—it is an investment.
📞 Need expert assistance?
Visit www.vataxbd.com Contact. +88 01713 560065 and let us handle your corporate tax and compliance, while you focus on growing your business.
