Tax Managed Service (Tax & VAT)

Direct and indirect tax compliance run end to end — and reviewed before the transaction, not after the return.

Overview

Bangladesh’s tax environment changes often and penalises inconsistency. Corporate income tax, VAT under the VAT and Supplementary Duty Act 2012, withholding obligations, advance income tax and transfer pricing each demand specialist attention, and most in-house teams are built to file rather than to plan.

We take the whole function. More usefully, we review significant transactions for tax and VAT treatment before they are executed — which is where the money actually is.

Scope

What we manage

Corporate income tax return

Annual preparation and submission to the NBR.

Advance income tax (AIT)

Quarterly computation and payment.

Withholding tax (TDS)

Monthly calculation, deduction and deposit on vendor, service and rental payments.

Tax clearance certificates

Application and ongoing management.

NBR audit support

Response management and representation.

Transfer pricing

Documentation advisory for related-party transactions.

Tax planning

Structuring advice within clear regulatory boundaries.

Monthly VAT returns

Mushak 9.1 preparation and submission.

VAT compliance review

Testing of purchase and sales transactions.

Input VAT credit

Reconciliation and management.

VAT registration

Registration, de-registration and BIN management.

Sector VAT treatment

Exemptions, zero-rating and sector-specific rules.

Who this is for

Built for these situations

Companies with material VAT exposure or complex supply chains
Businesses with related-party or cross-border transactions
Entities currently under NBR audit or expecting one
Companies with no specialist tax resource in-house

The Ozmo difference

Why clients keep this with us

Pre-execution review. We look at the transaction before it is signed, because tax treatment is cheap to fix at that point and expensive afterwards.

For Bangladeshi businesses