Company Maintanance

Company Annual Maintenance in Bangladesh made simple..

No more nightmares. Say hello to hassle-free bookkeeping, accounting, tax, VAT, and payroll services in Bangladesh.

Stay on top of critical deadlines with Compliance Calendar

Meet deadlines

We’ll alert you in advance of any due fillings tax deadlines so they don’t slip your mind.

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Avoid penalties

Ensure you don’t get hit with late penalties that could set your business back.

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Stay compliant

We keep track of important dates so that you can keep your business in good standing.

1. Accounting & Reporting

ActivityRelevant AuthorityFrequencyDue Date
Filling of Audited Financial StatementsRJSCAnnualWithin 21 days of Annual General Meetings
Foreign Direct InvestmentBangladesh BankHalf yearlyTwice a year by the scheduled bank. July 31st & January 31st
Interest Return National Board of Revenue (NBRAnnual 31 August of each year
Dividend Return National Board of Revenue (NBRAnnual 31 August of each year

2. Payroll Management

ActivityRelevant AuthorityFrequencyDue Date
Employer must ensure monthly deduction of tax from salary as per applicable laws National Board of Revenue (NBR)Monthly Within two weeks from the end of the month of deduction
Salary Return Under Section 50 (Rule 21) NBRMonthly Within 20 days of next calendar month
Salary Return Under Section 108 NBRAnnually31 August of each year
Salary Return Under Section 108A NBRAnnually30 April of each year
Salary CertificateNBRAnnually31st July
1. Employer must ensure all employees have an e-TIN number
2. Employer must ensure all employees file their annual tax return by 30th November

3. Tax Compliance – Direct Tax

Activity Relevant Authority Frequency Due date
Tax Deduction at Source from Payments (Expense)National Board of Revenue (NBR) Regular Deduction in July to MayWithin two weeks from the end of the month of deduction
Deduction in the first twenty days of JuneWithin seven days from the day of deduction
Deduction in any other days of June except last 2 working daysOn the next following day
Deduction made on last 2 working days of JuneOn the same day
Monthly Withholding Tax Return except salary (Rule -18)NBR Monthly Within 20 days of next calendar month
Return of Withholding Income Tax u/s 75A NBR Half yearly Within 31 January and 31 July of each year
Corporate Income Tax Return u/s 75NBR Annual Within the fifteenth day of the seventh month following the end of the income year or the fifteen day of September following the end of the income year where the said fifteenth day falls before the fifteenth day of September
Withholding Tax CertificateNBR Monthly Within 2 weeks of the month following the month of deduction or the earliest

4. Tax Compliance – Indirect Tax

ActivityRelevant AuthorityFrequencyDue date
VAT Deduction at Source from Payments Customs, Excise & VAT CommissionerateRegular Within 15 days of payment of Consideration to vendor
VAT Deduction Certificate Customs, Excise & VAT CommissionerateRegular Within three days of receiving the VAT challan from Government treasury
VAT Return Customs, Excise & VAT CommissionerateMonthlyWithin 15 days of next calendar month
Annual Audited ReportCustoms, Excise & VAT CommissionerateAnnualWithin 6 Months of the end of financial year

5. Secretarial Compliance

Activity AuthorityFrequencyDue date
Board Meetings, Share Issuance, Share Transfer,RJSCQuarterly/60 Days as applicableAs per the Companies Act 1994, a company must hold minimum one Board Meeting each calendar quarter.
Authentication of Balance Sheet and Profit & Loss accounts RJSCAnnuallyThe balance sheet and the profit & loss account shall be approved by the board of directors before they are signed on behalf of the Board and are submitted to the auditors for their report.
Annual General Meeting RJSCAnnuallyWithin 18 months from the date of incorporation. The time gap between one AGM and the next shall, in no case, exceed 15 months.
Balance Sheet and Profit & Loss RJSCAnnuallyWithin 30 days from the end of each AGM
Annual Company Return (Schedule X) FilingRJSCAnnuallyWithin 21 days of holding the Annual General Meeting
Trade License Renewal City Corporation /Pouroshova/UnionparishadAnnuallyAfter 30 June each year
Bookkeeping in Bangladesh

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