Income TAX & VAT

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Income TAX & VAT

An income tax is a type of charge that governments apply on income that is generated by individuals or business. By law, every individual or company need to file an income tax return yearly for determining their tax obligation to the income tax department. Income tax is one of the primary sources of revenue for the government. The government use income tax to fund public services, pay government employee, etc. The income tax rates vary from country to country.

Most of the country has a progressive income tax system, where higher income earners need to pay higher tax rates compared lower income earners. Corporate Tax might be 100% free or partially or upon condition, i.e., depend on government policy. We have a local expert in your preferred country who will guide you preparing income tax file. Our income tax attorney has years of experience on corporate and personal tax submission and filing. Our income tax lawyer will help you in arranging a clearance certificate from the government tax office.

We also represent clients in front of the taxation authority to settle any disputes or representing the clients in front of a tribunal or Court of law to settle or fight a tax appeal. It is very important that you receive a full value in regards to tax related services in Bangladesh, our consultants will ensure absolute compliance with finance and law. We also do provide regular services for personal income tax matters to individuals, which involve preparation and submission of returns, obtaining of tax clearance certificate, tax residency certificate. FnF Consultancy Firm Ltd. is also providing major legal assistance for income tax reference cases in Bangladesh in the Supreme Court of Bangladesh under section 160 of the Income Tax Ordinance.