VATax
Advisory Firm
Income Tax, VAT and Company Registration Services you will get here.
General Requirements for Income Tax Return (ITR) Submission:
Below is the list of our Calculators
Income Tax
RJSC
IRC
ERC
VDS
TDS
OUR SERVICE
Below is the list of our services.
Downloadable Materials
Please enter your name, email ID, and mobile number here to get the necessary Income Tax and VAT, RJSC forms, and Download the required form, Please feel free to get in touch with us, Our Tax Lawyer and Company Advisor are willing to receive your queries and assist you to get the said solution.
RECENT BLOGS
ITP Exam | কর আইনজীবী পরীক্ষা ২০২৪
প্রশ্নঃ ১৮: করদিবস কি ? ক. করদাতা কর্তৃক আয়কর রিটার্ন
Required Documents for Income Tax Return Filing
Required Documents for Personal Income Tax Return Filing in Bangladesh?
Company Vs Partnership Firm
DIFFERENCE BETWEEN A PRIVATE LIMITED COMPANY AND A PARTNERSHIP FIRM
Checklist for Tax Return | Registration
- TIN Certificate
- National ID
- Last Year’s Tax Return (Copy).
- Salary Statement
- Bank Statement (1st July to 30 June)
- Trade License (for Business Man Only).
- Investment Copy FDR | Savings Certificate (if any)
- Land Purchase Deed (if any)
- Car AIT (if any)
- TDS Challan
- Bank Loan Sanction Letter (if any)
- Company’s Bank Statements (1st July to 30 June).
- Company’s Cash Sale Book (if any).
- Purchase and Sales Ledger.
- Last Year’s Accounts (if any).
- Staff Salary Details Last 12 Months.
- Office, Factory Rental Last 12 Months.
- Company VAT Return last 12 Months.
- All TDS & VDS Challan Copy.
- Trade License.
- Company Incorporation, MOA & AOA, From XII (if any).
- Last Year’s Tax Return Copy
- TIN Certificate
- BIN Certificate
- Bank Loan Sanction Letter (if any)
- FDR Copy (if any).
- Bill of Entry.
- National ID / Passport
- Photo (Passport Size)
- Contact Number
- Email Address
- Present Address
- Permanent Address
- Share Percentage
- Father’s Name
- Mother’s Name
- Company’s proposed name.
- Company’s Authorized Capital.
- Company’s Paid-up Capital.
- Nature of Business of the Proposed Company in Details.
- Registered Address of the Proposed Company.
- Above Mentioned Information (Serial No. 1 to 9) of Each Director.
1. Trade License
2. Membership from the concerned trade organization
3. TIN certificate
4. Tax Return Acknowledgement
5. NID of Proprietor / Partners / Director
6. Incorporation Certificate (if any)
7. Form XII (if any)
8. MOA & AOA (if any)
9. Photo (Passport Size)
10. Bank Solvency Certificate
1. Trade License
2. Membership from the concerned trade organization
3. TIN certificate
4. Tax Return Acknowledgement
5. NID of Proprietor / Partners / Director
6. Incorporation Certificate (if any)
7. Form XII (if any)
8. MOA & AOA (if any)
9. Photo (Passport Size)
10. Bank Solvency Certificate
- Passport all used pages scan copy.
- Incorporation certificate.
- Memorandum & Articles of Association and Certificate of Incorporation duly signed by shareholders.
- Board resolution for engaging foreign national(s) in Bangladesh mentioning the name, nationality & passport number. Specifying the sector where the investor invests.
- Appointment Letter.
- Photograph of the investor.
- A copy of the investor’s passport with all arrival stamps & departure seals.
- The specific activity of the company
- Statement of all existing local & foreign manpower with designation, salary, allowance(s) & bonus(s), nationality and date of the first appointment
- Encashment certificate of inward remittance of minimum USD 50,000 as initial establishment cost for locally incorporated joint-venture and 100% foreign ownership companies.
- Up-to-date income tax clearance certificate of the organization.
- The company’s management signed a letter of authorization for applying.
- Additional information with proper documents (if any).
- Copy of permission letter for branch/liaison/representative office Memorandum & Articles of Association and Certificate of Incorporation duly signed by the shareholders in case of locally-incorporated Company
- Letter of Authorization by Project Director/authorized official of Project Office
- Board resolution regarding employment of foreign national(s) including salaries, allowances, honorarium & other benefits
- Copy of passport with arrival stamp, E-type, E-I visa and PI-type visa (for investors)
- Service contract/agreement and appointment letter/ transfer order in case of employee
- Copies of all academic qualifications & certificate of professional certificate of the employee
- Statement of all existing local & foreign manpower with designation, salary and allowances, nationality and date of the first appointment
- Up-to-date income tax clearance certificate of the company
- Encashment certificate of inward remittance of minimum USD 50,000 as initial establishment cost for branch/ liaison/ joint-venture and 100% foreign ownership company incorporation in Bangladesh
- Visa Recommendation letter of the expatriate/investor
- Letter of authorization signed by management of the company for submitting the application
- Additional information with proper documents (if any)
- List of local employees who will be trained up by the expatriate.
Required Information :
- Industrial Project Profile.
- Director’s profile Resume for information.
- Product List and Production Capacity.
- Machinery List.
- Investment Forecast USD & BDT.
Required Supporting Documents:
- NID/Passport of Directors.
- Certificate of Incorporation.
- Memorandum and Article of Association attested.
- Trade license.
- Tax Identification Number (TIN) Certificate of the company.
- Land purchase agreement or rental agreement for the proposed project.
- Fire License.
- Environment Clearance Certificate from DOE.
- Layout Plan.
- Form X, XII – List of directors with information on their nationality and address.
- Profile of the proposed investment.
- No Objection Certificate (NOC) from the concerned ministry/ directorate/ department for industries falls under the category of controlled sector as per Industry Policy.
- Forwarding Letters and company comments as per BIDA’s requirement.
- Encashment certificate.
- List of local and imported machinery on the company’s official letterhead signed by an authorised person (serial number, name of machinery, H.S. code, quantity, and value in a million BDT/ USD).
- The list of Directors is attached on the company’s official letterhead, signed by an authorized person.
- NID / Passport.
- Certification of Incorporation if Limited Company.
- Memorandum and Articles of Association if Limited Company.
- Trade License if issued.
- Layout/Plan of Building.
- Deed of agreements if rental space/property with rental receipt.
- Fire Safety Plan Installation for compliance industrial projects.
- No objection certificate from word commissioner if Plastic Industry.
- No objection Certificate by the local people if the R/A is used for the Plastic Factory/Industry.
- Valuation Certificate from Municipality/City Corporation/Union Parishad.
- Forwarding Letters.
Inspection by the FS&CDs Inspector.
- There should be facilities for entering the Fire Brigade Vehicle/Car to the spot.
- There should be load-unload facilities and space goods in the building.
- Fire-fighting types of equipment.
- Two exit staircases.
FAQ
In Bangladesh, the income tax return filing period typically follows the country’s fiscal year, which runs from July 1st to June 30th. Here are the key dates and deadlines you should be aware of for submitting your income tax return:
Key Dates and Deadlines
End of the Fiscal Year: June 30th Marks the end of the fiscal year. All income earned during this period is accounted for in the tax return.
Tax Return Filing Deadline: The usual deadline for submitting personal income tax returns is November 30th following the end of the fiscal year. For example, for the fiscal year ending on June 30, 2024, the tax return filing deadline would be November 30, 2024.
Extension Requests: Taxpayers can request an extension if they are unable to file their return by the deadline. The extension must be applied for and approved by the National Board of Revenue (NBR). It’s important to submit the extension request before the original filing deadline.
In Bangladesh, the deadline for filing a company tax return is generally tied to the fiscal year and the specific regulations set by the National Board of Revenue (NBR). Here are the key details:
Key Dates and Deadlines
Fiscal Year: July 1st to June 30th: The fiscal year for most companies in Bangladesh runs from July 1st to June 30th of the following year.
Tax Return Filing Deadline: Within Seven Months: Companies are typically required to file their tax returns within Seven months from the end of the fiscal year. This means the deadline is usually 15th January of the next calendar year in which the fiscal year ends. For example, for the fiscal year ending on June 30, 2024, the tax return filing deadline would be 15th January 2025.