Established 1998 • Dhaka

Tax Advisory

Reimagined

Navigating Bangladesh's evolving tax landscape with precision, insight, and two decades of unwavering expertise.

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Our Philosophy

Where tradition meets innovation

Since 1998, we've been at the forefront of tax consultation in Bangladesh, guiding businesses and individuals through the complexities of fiscal regulations.

Our approach combines deep institutional knowledge with forward-thinking strategies, ensuring our clients are always prepared for what lies ahead.

NBR Compliance VAT Advisory Corporate Tax International Tax

Full Compliance

100% adherence to NBR regulations and guidelines

Timely Filing

Never miss a deadline with our proactive approach

Data Security

Enterprise-grade protection for all client information

Dedicated Team

Personal advisor assigned to every engagement

Top Rated

Tax Firm 2024

Income Tax ✦ VAT Compliance ✦ Corporate Advisory ✦ Audit Support ✦ Income Tax ✦ VAT Compliance ✦ Corporate Advisory ✦ Audit Support ✦

Our Expertise

Comprehensive Solutions

Tailored services designed to meet the unique needs of Bangladesh's diverse economic landscape.

Income Tax Returns

Complete income tax filing services for individuals, partnerships, and corporations. We ensure accuracy, maximize legitimate deductions, and maintain full NBR compliance.

Individual Returns Business Returns E-Filing Tax Assessment

VAT Services

Registration, return filing, and comprehensive VAT compliance management under Bangladesh's VAT & SD Act.

Corporate Tax

Strategic corporate tax planning, compliance, and advisory services for businesses of all sizes.

Audit Defense

Expert representation during NBR audits, assessments, and appeals proceedings.

International Tax

Cross-border taxation, transfer pricing, and DTAA compliance for multinational operations.

Tax Planning & Advisory

Proactive tax planning strategies to optimize your tax position while maintaining full compliance with Bangladesh tax laws.

৳50Cr+

Saved Annually

Latest Insights

Tax Intelligence

View all articles
Budget Update
Jan 15, 2025 5 min read

Bangladesh Budget 2024-25: Key Tax Implications

Analysis of major tax changes in the national budget and their impact on businesses and individuals.

VAT Guide
Dec 28, 2024 8 min read

New VAT Return Filing System: Complete Guide

Step-by-step walkthrough of the updated electronic VAT return submission process.

Deadline Alert
Dec 10, 2024 3 min read

Tax Return Deadline Extended to January 31, 2025

NBR announces deadline extension for individual taxpayers. Key dates and requirements updated.

Frequently Asked

Questions & Answers

Common queries about tax filing and compliance in Bangladesh.

For individual taxpayers, the deadline is typically November 30th of each year. However, NBR frequently extends this deadline. For companies, the deadline is generally within 6 months from the end of the income year or by the 15th day of the 7th month, whichever is later. Always check for official notifications regarding extensions.
Any individual with a 12-digit TIN (Taxpayer Identification Number) is required to submit a return. Additionally, filing is mandatory for obtaining trade licenses, importing goods, registering properties, and various other government services. Even if your income is below the taxable threshold, having a TIN necessitates filing a return.
For FY 2024-25, the tax-free threshold is ৳3,50,000 for general taxpayers. The rates are: 5% on the next ৳1,00,000; 10% on the next ৳4,00,000; 15% on the next ৳5,00,000; 20% on the next ৳5,00,000; and 25% on any amount exceeding ৳18,50,000. Women, senior citizens, and persons with disabilities have higher tax-free thresholds.
Bangladesh has a location-based minimum tax: ৳5,000 for Dhaka North/South and Chattogram City Corporations; ৳4,000 for other city corporations; and ৳3,000 for other areas. Even if calculated tax is lower, this minimum must be paid if you have a TIN.
Late filing attracts a penalty of 10% of the tax liability or ৳1,000, whichever is higher. Additionally, simple interest at 2% per month is charged on unpaid tax from the due date. For substantial delays, NBR may impose additional penalties and initiate prosecution proceedings.

Resources

Helpful Downloads

Tax Return Checklist 2024-25

PDF • 180 KB

Income Tax Calculator

XLSX • 95 KB

VAT Registration Form Guide

PDF • 220 KB

Investment Rebate Guide

PDF • 340 KB

Get in Touch

Let's discuss your needs

Whether you're an individual or a corporation, we're here to provide expert guidance tailored to your situation.

Office Location

House 45, Road 12, Block E Banani, Dhaka 1213 Bangladesh

Working Hours

Sunday – Thursday: 9:00 AM – 6:00 PM Friday – Saturday: Closed

Contact

+880 2 8835 4567 info@sharmatax.com.bd

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