Finance Act 2024

 Click Here:

https://nbr.gov.bd/uploads/acts/Finance_Act-2024.pdf

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TRP Circular _ NBR _ Bangladesh

Click here for detail circular

https://nbr.gov.bd/uploads/public-notice/TRP_Advertisement.pdf

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VAT Consultant Appointment Exam in Bangladesh related SRO 2019 (বাংলাদেশে ভ্যাট কনসালট্যান্ট নিয়োগ পরীক্ষা সংক্রান্ত বিজ্ঞপ্তি ২০১৯।)

বাংলাদেশে ভ্যাট কনসালট্যান্ট নিয়োগ পরীক্ষা সংক্রান্ত বিজ্ঞপ্তি ২০১৯।

নিচের লিংক এ ক্লিক করুন।

https://drive.google.com/file/d/1IOPpvjcq055SgNdeCn4k7VaJ1Besd5Xr/view

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How a foreign company can be registered in Bangladesh? Discuss on registration procedure.

Registration of foreign Companies:

 
As contained in Section – 379, a foreign Company can be registered in Bangladesh. The foreign Companies, which after the commencement of this Act establish a place of business within Bangladesh shall, within one month of the establishment of the place of business, deliver the following documents to the Registrar for registration:

a) A certified copy of the charter or statutes or memorandum and articles of the Company or other instrument constituting or defining the constitution of the company; and if the instrument is not written in Bengali or English languages a certified Bengali or English translation thereof;
b) The full address of the registration or principal office of the Company;
c) A list of the Directors and secretary if any of the Company;
d) The name and address or the names and addresses of one or more persons resident in Bangladesh, authorized to accept on behalf of the Company service of process and any notice or other document required to be served on the company;
e) The full address of the office of the Company in Bangladesh, which is to be deemed its principal place of business in Bangladesh.

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Credit Rating Companies Operating in Bangladesh

List of Credit rating firms in Bangladesh:-

At present Eight (8) Credit rating agencies are operating in Bangladesh. Which are-

      1) Credit Rating and Information Services Limited.(CRISL)

  Web Link:- http://www.crislbd.com

           2) Credit Rating Agency of Bangladesh Limited.(CRAB)

  
   Web Link:- http://crab.com.bd

           3) Emerging Credit Rating Limited. (ECRL)

 

         Web Link:- http://www.emergingrating.com

      4) National Credit Rating Limited. (NCRL)

         Web Link:- http://www.ncrbd.com 
     
      5) Alpha Credit Rating Limited.

  

        Web Link:- http://www.alpharating.com.bd 

      6)  WASO Credit Rating Company (BD) Limited.

        Web Link:- http://www.wasocreditrating.com 

      7) ARGUS Credit Rating Services Ltd.

         Web Link:- http://www.acrslbd.com

       8) The Bangladesh Rating agency Limited.

      

          Web Link:- http://www.bdral.com

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Capital Market in Bangladesh

Capital Market in Bangladesh:-

There are two stock exchanges in Bangladesh Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE). Dhaka Stock Exchange (DSE) formerly known as East Pakistan Stock Exchange established in and Chittagong Stock Exchange (CSE) established in1995. There is only one depository system for the transaction and settlement of financial securities, which is known as Central Depository Bangladesh Ltd (CDBL) was formed in 2000. It is conducting its operations under the following laws Depositories Act 1999, Depositories Regulations 2000, Depository (User) Regulations 2003, and the CDBL by-laws. It Capital market is regulated by BSEC. There are companies enlisted in DSE and Companies enlisted in CSE. Every share enlisted in DSE and CSE has a face value of taka 10 and market lot consists of only one share. 

Bangladesh Securities and Exchange Commission (BSEC) Classified companies in four categories

1. A Category

2. B Category

3 .N Category

4. Z Category

1.      A Category Companies: - These companies regularly hold Annual General Meeting (AGM) and Declare dividends at the rate of 10% or more in an accounting year.

2.      B Category Companies: - These companies held Annual General Meeting (AGM) regularly but declare dividend at a rate which is less than 10%.

3.      N Category Companies: - Newly enlisted companies are categorized in this category. There settlement system would be like B Category.

4.     Z Category Companies: - Companies which are failed to hold Annual General Meeting (AGM) or fail to declare dividend or which are not in operation more than six months.

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Income Tax Authorities in Bangladesh

Income Tax Authorities in Bangladesh:  

Following are the income tax authorities in Bangladesh.

1. National Board of Revenue
2. Chief commissioner of taxes
3. Directors General of Inspection (Taxes),
4. Commissioner of Taxes (Appeals),
5. Commissioner of Taxes (LTU)
6. Director General (Training),
7. Director General Central Intelligence Cell (CIC),
8. Commissioners of Taxes,
9. Additional Commissioners of Taxes (Appeal/Inspecting) Joint Commissioners of Taxes(Appeal/Inspecting),
10. Deputy Commissioners of Taxes,
11. Tax recovery officers,
12. Assistant Commissioners of Taxes,
13. Extra Assistant Commissioners of Taxes
14. Inspectors of Taxes.

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