Tax compliance in Bangladesh is a critical aspect of business operations. Whether you're a newly registered entity or an established business, understanding the tax landscape is essential for sustainable growth and avoiding penalties.
Tax Filing Timeline:
1. Corporate Income Tax (CIT):
- Assessment Year: July 1 - June 30
- Filing Deadline: September 30
- Submission: National Board of Revenue (NBR)
- Documentation: Audited financial statements, IT returns, tax computation sheets
2. Value Added Tax (VAT):
- Monthly/Quarterly filing depending on registration type
- Threshold: Monthly sales exceeding Tk. 30 lakhs require VAT registration
- Filed through: VAT Online System (VOS)
3. Personal Income Tax:
- For directors and key personnel
- Combined with corporate filings
- Applicable tax rates based on income brackets
Recent 2026 Updates:
- New tax incentives for tech startups
- Enhanced digital payment documentation requirements
- Stricter audit trail requirements for large taxpayers
- Penalty structure revisions
Common Mistakes to Avoid:
- Missing filing deadlines
- Incomplete documentation
- Inconsistent financial reporting
- Failing to maintain proper audit trails
Our tax specialists at AeroNext help you navigate these requirements, optimize your tax position, and ensure full compliance with NBR regulations.