fmgaccountantsWithholding tax, commonly known as Tax Deducted at Source (TDS), is an important tax compliance requirement in Bangladesh. Where a person or entity is required to deduct or collect tax at source, the deducted or collected tax must be deposited with the Government and properly reported through a withholding tax return. The Income Tax Act, … Read more
A branch office in Bangladesh is an extension of a foreign company established to carry out approved commercial or business activities in Bangladesh. Unlike a liaison office, a branch office may generate income from its business activities in Bangladesh and is therefore subject to income tax on its taxable income in accordance with the Income … Read more
A liaison office or representative office of a foreign company in Bangladesh is generally established to undertake liaison, communication, promotional, market research and representative activities. A liaison office does not normally carry out commercial activities or generate income in Bangladesh. Therefore, where a liaison office operates within the scope of its approved activities and does … Read more
Preparing and submitting a company tax return in Bangladesh involves more than simply reporting the profit shown in the financial statements. A company must first determine its taxable income under the Income Tax Act, 2023, make the necessary tax adjustments, calculate its income tax liability, adjust tax deducted or collected at source and advance tax, … Read more
VAT return filing is an important compliance requirement for VAT-registered businesses in Bangladesh. A registered person must properly calculate output tax, eligible input tax credit, increasing adjustments and decreasing adjustments before determining the net VAT payable for the relevant tax periods. The VAT and Supplementary Duty Act, 2012 provides the legal framework for calculating and … Read more
PRACTICAL CORPORATE COMPLIANCE GUIDE Companies Act, 1994 | Registrar of Joint Stock Companies and Firms (RJSC) Schedule X is the annual summary of share capital, shareholders and directors filed with the Registrar of Joint Stock Companies and Firms (RJSC). In Bangladeshi practice it is commonly referred to as the annual RJSC return. Its statutory foundation … Read more
Tax should never be a year-end scramble or a mere box-ticking exercise. At FMG, we help you stay ahead of tax risks while taking full advantage of available opportunities. Whether you are an individual taxpayer, a multinational company, or somewhere in between, our team combines deep technical knowledge with practical experience. We assist clients across … Read more
Getting your legal and regulatory setup right is not just about compliance, it is about protecting your business and ensuring the freedom to operate, grow, and scale. At FMG, we provide hands-on secretarial services that simplify compliance. From company registration to government approvals and proper documentation, we help you stay fully aligned with Bangladesh’s regulatory … Read more
At FMG, our BPO services are designed for businesses that want efficiency without adding unnecessary overhead. We handle essential but time-consuming functions such as accounting, payroll, compliance, and IT risk management so your team can stay focused on growth. Whether you are launching a new venture, managing regulatory requirements, or looking for dependable back-office support, … Read more
We are pleased to announce the release of our annual Handbook on Income Tax Deduction at Source in Bangladesh for the financial year 2026–27. This article is the summary of the handbook. You can download the complete PDF version of the handbook at the end of this article. The Bangladesh TDS & TCS Handbook for … Read more