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 to get an e-TIN certificate in Bangladesh.
What are TIN And E-TIN in Bangladesh?
In Bangladesh, the tax authorities have set up a system called the Tax Identity Number (TIN) to keep track of tax payments made to the government. This number is given to individuals or businesses in Bangladesh to identify them for tax purposes.
\You get a TIN certificate from the National Board of Revenue (NBR) when you successfully register for a TIN. You can apply for this TIN certificate by visiting an NBR office in person or by applying online. When you get your TIN certificate online, it’s called an E-TIN.
An E-TIN certificate is not necessary to open a corporate bank account. However, you’ll need an E-TIN if you need to apply for a bank loan. The government also offers various incentives and rewards to professionals and small business owners, which you can only access if you have a TIN.
If you’re not a resident of Bangladesh, you can’t apply for a TIN through the online system. For private limited companies, having a local registered office address is essential to qualify for an E-TIN application.
Who is Required to Have a TIN Certificate in Bangladesh?
In Bangladesh, not everyone needs a TIN certificate, but there are specific situations in which people must have one. Let’s break it down:
If a person’s total annual income exceeds the maximum exempt amount set by the income tax rules, they need a TIN certificate. Also, if you work in a public office and earn BDT 16,000 or more each month, you must file an income tax return and get a TIN certificate.
Do you own a car? If so, you need a TIN certificate. The same goes for anyone who has a membership in a VAT-registered club.
Suppose you run a business or profession with a trade license from a city corporation, Paurashava, or Union Parishad. In that case, you need a TIN certificate, too. This also applies if you’re registered with the Board as an Income Tax Practitioner or a Doctor, Dentist, Lawyer, Chartered Accountant, Cost and Management Accountant, Engineer, Architect, or Surveyor with a recognized professional organization.
Membership in a business or trade organization or a chamber of commerce? You’ll need a TIN certificate. And if you’re running for a position in the City Corporation, Paurashava, or as a Member of Parliament, you also need one.
Anyone participating in a tender by a local authority, an autonomous body, the government, or a semi-government body must have a TIN certificate. Private limited companies, whether foreign or locally owned, must also apply for a TIN certificate.
You don’t need a TIN certificate to open a bank account, but having one can give you certain benefits on interest.
How To Register For An E-TIN Certificate In Bangladesh?
Registering for an E-TIN certificate in Bangladesh is a pretty straightforward process. Here’s how you can do it:
First, visit the National Board of Revenue (NBR) website. This is where you’ll start your application.
You’ll need to fill out the registration form on the website. Here’s the info you’ll need to provide:
User ID
When you register for an E-TIN certificate in Bangladesh, it’s important to create a unique user ID for logging in. This ID will be used to access your account and manage your tax information. Make sure to choose a secure and memorable user ID that you won’t forget.
Password
Creating a unique, strong password is a delicate balance between making it secure and yet easy to remember. The best way to do this is to mix uppercase and lowercase letters, symbols, and numbers in a non-obvious pattern. For example, avoid the common practice of alternating caps and lowercase letters.
Security Question
To protect your account, you have selected the following security question and answer pair: “What was your first pet’s name?” Answer: “Sparky.” This is because your first dog was named Sparky, so you will always remember the answer, but it’s still an uncommon enough name that you don’t think anyone else will be able to guess it.
Valid Bangladesh Mobile Number:
Legal Advice BD is an amazing service that makes the process of obtaining a TIN certificate in Bangladesh straightforward and hassle-free. They’ll handle all the paperwork, go to the National Board of Revenue to submit your application, and email you when it’s ready to download. How simple is that? Once you’re on the contact us page, you’ll see their phone number.
Email Address
To get an E-TIN certificate in Bangladesh, you’ll need to provide a valid email address for communication purposes. If you need any help with the process, Legal Advice BD can assist you.
The process can be a bit more complex if you’re a private limited company. Getting help from a professional firm like Relin Consultants is a good idea. They can guide you through the extra steps and ensure everything is done correctly.
Required Documents For Applying TIN Certificates Manually In Bangladesh
- Copy of the Trade License
- Personal Details of the Director
- Copy of Memorandum and Articles of Association (for companies)
- Bank Solvency Certificate (for companies or proprietorships)
- They are need three Copies of the Owner’s Photograph (for proprietorships)
- Three Copies of the Managing Director’s Photograph (for companies)
- Three Copies of Your Photograph (for individuals)
- National ID or Passport Copy of the Entrepreneur
- Mobile Phone Number
- Incorporation Number of the Company
- Date of Incorporation of the Company
How Legal Advice BD Can Assist You In Obtaining A TIN Certificate In Bangladesh?
Legal Advice BD makes getting a TIN certificate in Bangladesh easy and stress-free. Here’s how they can help:
The team at Legal Advice BD will handle all the paperwork for your TIN certificate application. They will carefully check your company’s documents and provide any additional documents needed.
Their consultants will go to the National Board of Revenue to submit your TIN certificate application. You won’t have to worry about visiting any offices yourself.
Your TIN certificate will be ready in just 1 to 2 business days. Once the authorities issue it, the Legal Advice BD team will share the certificate with you. It’s that simple!
Conclusion
You can see that to get an e-TIN certificate in Bangladesh, you don’t need to do anything too complicated. The registration process has become very simple, and the required documents are easy to get. If, however, you feel it might be hard to get Legal Advice BD is here to help you out at every step.
As a dedicated litigation lawyer based in Bangladesh, I am committed to providing expert legal services and fighting for your rights. Whether it’s a complex civil dispute, criminal defense, or corporate litigation, I am here to navigate the legal maze on your behalf.