Income tax enjoys a significant status as one of the government’s major revenues. It is very important to know how one is qualified to pay his income tax to respect his obligations to the nation. The procedure for income tax computation in Bangladesh can be said to be, to a certain extent, complicated. This is […]
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The Prime Minister of Bangladesh launched the Universal Pension Scheme 2023 on August 17. This program offers residents a route to a self-sufficient retirement. It will be possible for people to save for a self-sufficient retirement within their means, even if their income is modest. The Universal Pension Management System has been developed on a
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Black money or undisclosed money can lead to severe legal consequences, including fines, imprisonment, or asset seizure. Even being associated with black money can damage your personal and professional reputation. So, how to whiten black money (undisclosed money) in Bangladesh? Legal Advice BD is here to help! Understanding Black Money Black money refers to income
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Every year, thousands of Bangladeshi people go for divorce. According to reports, the divorce rate per 1,000 individuals surged from 0.7% in 2021 to 1.4% in 2023. But the majority of these divorces aren’t done following the laws. So, how to get a divorce in Bangladesh? In this article, we’ll walk you through the process! If you
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Many people might think that the process of registering a company in Bangladesh is quite complicated. Worried about the company registration process? Legal Advice BD is here to help! With careful planning and the right resources, you can successfully register your company and embark on a rewarding entrepreneurial journey in Bangladesh Please enable JavaScript in
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In Bangladesh, holding Annual General Meetings (AGMs) is a vital responsibility for companies to ensure transparency and accountability to their shareholders. AGMs allow shareholders to review the company’s performance, elect directors, and make important decisions regarding its future. Understanding AGMs’ procedures and legal requirements is crucial for companies operating in Bangladesh to comply with regulatory
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In today’s dynamic business environment, Value Added Tax (VAT) plays a crucial role for Bangladeshi businesses. While VAT compliance is essential, minimizing tax burdens ethically and legally is a constant concern for entrepreneurs. Here at Legal Advice BD, your trusted legal partner in Dhaka, we understand this need. Wondering How to Avoid VAT Ethically in
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Are you looking to be a tax-paying citizen of Bangladesh? In that case, you must register for TIN or e-TIN because that will help you pay your taxes. These unique identifying numbers are easy to get once you follow our guide. We will share what you need to do and where you need to go
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Paying taxes is one of the biggest duties that every Bangladeshi citizen has to follow once they are of age and have an income. It’s like voting when you are over 18 years of age. This duty, in fact, falls under the Income Tax Ordinance (ITO) of 1984. To ensure that you are able to
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Running a business of any kind is difficult because there are certain rules and regulations you must follow. One such crucial rule would be to pay your VAT on time every fiscal year. To do so you must have certain information and in this article we will be talking about one of them. We will
How to Get a BIN Number in Bangladesh? Read More »