Tax Exemption for Technology Companies in Bangladesh
Any income derived from the following business of a person/business being a resident or a non-resident Bangladeshi for the period from the first day of July, 2008 to the thirtieth day of June, 2024 on the conditions that the person/entity shall file an income tax return in accordance with the provisions of section 75 of the ordinance.
Business Categories that are eligible to get Tax Exemption in Bangladesh:
1. Software Development
2. Software or application customization
3. Nationwide Telecommunication Transmission Network (NTTN)
4. Digital Content Development & management
5.Digital animation development
6. Website development
7. Website services
8. Web listing
9. IT Process outsourcing
10. Website hosting
11. Digital graphics design
12. Digital data entry and processing
13. Digital data analytics
14. Geographic Information Services
15. IT Support test lab services
16. Software test lab services
17. Call center services
18. Overseas medical transcription
19. Search engine optimization services
20 Document conversion, imaging and digital archiving
21 Robotics process outsourcing
22. Cyber Security services
23. Cloud service
24. System Integration
25. e-learning platform
26. e-book publications
27. Mobile application development
28. IT Freelancing
It is to be noted that the tax return shall be filed regularly to be eligible for this exemption. Besides, the business may need to avail BASIS Membership and a tax exemption certificate from the concerned Tax office on yearly basis to be eligible for these benefits.