Hassan and Associates
A Blog site for income tax, company law and business services
Key Concept of the Company Law
Company: According to Sec. 2 (1) (c) the Companies Act, 1994-“Company means a company formed and registered under this Act or an existing company”. Thus, a company is an association...
11 Feb 2020
Tax Deduction and Collection at Source
In Bangladesh withholding taxes are usually termed as Tax deduction and collection at source. Under this system both private and public limited companies or any other organization specified by law...
10 Feb 2020
Value Added Tax - VAT
VAT is imposed on goods and services at import stage, manufacturing, wholesale and retails levels;- A uniform VAT rate of 15 percent is applicable for both goods and services;
09 Feb 2020
What is Customs
In Bangladesh, Customs wing is primarily responsible for collection of all duties and taxes at the import stage. Apart from collection of government revenue it is also responsible for trade...
08 Feb 2020
Key Information on Income Tax
Among direct taxes, income tax is the main source of revenue. It is a progressive tax system. Income tax is imposed on the basis of ability to pay. “The more...
07 Feb 2020
Patent Registration in Bangladesh
An application for a patent may be made by any Bangladeshi or any foreigner, and by alone or jointly with any other person. The application must be made to the...
06 Feb 2020
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