Hassan and Associates

The Bangladesh Export Processing Zones Act of 1980 was aimed at boosting industrialization and higher employment rate through promotion of trade and investment. While it was successful in terms of contributing $24.17 billion in export earnings from July to January of FY 2018-2019 and also creatin...

Trademark registration in Bangladesh is performed through the Department of Patents, Designs and Trademarks (DPDT). Any person claiming to be the proprietor of a trademark already in use or proposed to be used in Bangladesh may apply in writing for registration of a Trademark in the prescribed ma...

Current Investment Environment in Bangladesh

Low cost of labour and lower overhead cost compared to regional peers have enabled the country to operate at a cost advantage and the apparel sector has been the main thrust sector benefitting in the global market, which has catapulted Bangladesh as t...

In Bangladesh, gift tax is levied on taxable gifts at the rates specified in the schedule to the Gift Tax Act 1990.
A ‘gift’ means the transfer by one person to another of any immovable or movable property
voluntarily and without consideration of any money's worth. The value of the property under...

REQUIRED SUPPORTING DOCUMENTS for Indenting Registration Certificate :

Attested photograph of entrepreneur/managing partner/managing director.
Attested copy of trade license.
Membership Certificate from Local Chamber of Commerce and Industries or Bangladesh Indenting Agents’ Association.
Bank’s...

In Bangladesh, for a return submitted under normal scheme, assessment is made after giving an opportunity of hearing. For returns submitted under Universal Self Assessment Scheme, the acknowledgement slip is considered to be an assessment order of the Deputy Commissioner of Taxes. Universal Self ...

In Bangladesh, the winding up of a company may be either – (1) Voluntary; or (2) By the court; or (3) Subject to the supervision of the court. Voluntary winding up is usually undertaken by solvent companies, except in the case of creditor’s voluntary winding up. Now we have described the process ...

Double Taxation is created when the same income is taxed in two different countries during international trade. Avoidance of Double Taxation Agreements is an agreement concluded between Bangladesh and another jurisdiction (a treaty partner) which serves to relieve double taxation of income that i...

- VAT is imposed on goods and services at import stage, manufacturing, wholesale and retails levels;

- A uniform VAT rate of 15 percent is applicable for both goods and services;

- 15 % VAT is applicable for all business or industrial units with an annual turnover of Taka 2 million and above;
...