Bangladesh

Bangladesh is a country in South Asia, is the eighth-most populous country in the world, and is among the most densely populated countries, with a population of nearly 170 million in an area of 148,460 square kilometres. Bangladesh shares land borders with India to the north, west, and east, and Myanmar to the southeast. Its southern coastline is along the Bay of Bengal. It is narrowly separated from Bhutan and Nepal by the Siliguri Corridor, and from China by the mountainous Indian state of Sikkim in the north.

Dhaka, the capital and largest city, is the nation’s political, financial, and cultural centre. Chittagong is the second-largest city and is the busiest port on the Bay of Bengal. The official language of Bangladesh is Bengali, and the currency is the Bangladeshi taka (BDT).

PwC Bangladesh tax and regulatory service offerings

• Corporate tax services: Specialising in direct taxes – income taxes, Bangladesh inbound tax advisory, withholding taxes, income tax returns, and identification and measurement of uncertain tax positions.
• Regulatory services: Specialising in corporate laws, foreign exchange management laws, and guidelines for foreign exchange transactions.
• International assignment services: Provision of integrated tax, employment, and immigration solutions for expatriate employees deputed or seconded to Bangladesh.
• International tax services: Offers international taxation services and Bangladesh outbound tax advisory.
• Indirect tax services: Focuses on all trade-related indirect taxes, including value-added tax (VAT), Customs, and import duties.
• Transfer pricing services: Transfer pricing compliance, assessment, litigation, and planning services.
• Transaction tax services: A dedicated team works on mergers and demergers, corporate restructuring, due diligence, review of share purchase agreements and tax deeds, and offers advisory and implementation expertise throughout the transaction lifecycle.
• Tax litigation services: Assistance on tax matters in proceedings before the Deputy Commissioner of Taxes (DCT), Commissioner of Tax (Appeals), Tax Appellate Tribunals, High Court Division, and the Appellate Division. With pan-Bangladesh coverage, our advisors and external litigators are widely recognised and have appeared in a range of matters before the highest judicial forums in the country.
• Specialised services: We provide our clients with a complete spectrum of tax advisory services. We have specialist teams that focus on niche areas of taxation to meet every business’s needs, including:
  • Tax accounting and risk advisory services.
  • Outbound tax advisory.
  • Tax policy advisory.