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Navigate Bangladesh's complex tax landscape with confidence. From personal returns to corporate compliance, we transform tax obligations into strategic advantages for sustainable business success.
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MG Consultancy specializes in comprehensive tax planning and business strategy for Bangladesh's entrepreneurs, corporates, and organizations. With over two decades of experience, our founder G.C Das (L.L.B, MBA, ITP) has guided 500+ clients through complex tax challenges and business transformations. We combine deep regulatory expertise with practical business acumen to deliver strategies that minimize tax exposure, ensure compliance, and drive sustainable growth. Whether you're launching a startup, scaling operations, or navigating complex tax situations, we provide the strategic guidance and detailed execution you need.
Income Tax Advocate & Business Consultant
Comprehensive tax and business consultancy solutions tailored to your needs
We combine deep expertise in Bangladesh tax law and business regulations with personalized service to deliver exceptional results for your enterprise.
Years of experience in tax law and business consultancy
We understand deadlines and deliver on time, every time
Tailored solutions that fit your unique business needs
Built on integrity and transparent communication
Get answers about ETIN, VAT registration, company formation, NBR compliance, and our consultancy services in Bangladesh
ETIN (Electronic Tax Identification Number) is a 12-digit unique number issued by NBR (National Board of Revenue) to identify taxpayers in Bangladesh. Anyone earning taxable income, businesses, property owners, and those requiring TIN certificates for various purposes need ETIN. It's mandatory for company registration, opening business bank accounts, and participating in government tenders.
We provide comprehensive tax consultancy, business registration, VAT registration, accounting services, and financial advisory. Our experienced team helps businesses navigate complex regulatory requirements and optimize their financial operations.
Business registration typically takes 7-15 working days, depending on the type of business entity and completeness of documentation. We expedite the process by ensuring all paperwork is accurate and complete before submission.
With our professional assistance, ETIN registration typically takes 3-5 working days. We handle all documentation, NBR portal submission, and follow-up, ensuring faster processing compared to 2-3 weeks when done individually. We also help you avoid common errors that cause delays or rejections.
Yes, we provide comprehensive tax filing services for both individuals and businesses. Our experts ensure compliance with all tax regulations while maximizing legitimate deductions and minimizing tax liability.
For personal tax returns, you need: ETIN certificate, bank statements, salary certificates, investment proofs, and asset details. For companies: financial statements, audit reports, VAT returns, withholding tax certificates, and bank statements. We provide a comprehensive checklist and help organize all documents properly.
For VAT registration, you typically need: Trade License, TIN Certificate, Bank Account details, National ID of proprietor/directors, Memorandum & Articles of Association (for companies), and rental agreement for business premises.
Late filing penalties vary: for individuals, it's BDT 1,000 to 5,000 plus potential interest charges. For companies, penalties can reach BDT 10,000 to 50,000, with interest at 2% per month on unpaid taxes. Persistent non-compliance may lead to bank account freezing. We ensure timely filing to help you avoid these penalties completely.
Our fees vary based on the complexity and scope of services required. We offer competitive pricing and transparent fee structures. Contact us for a free consultation and customized quote based on your specific needs.
Yes! Bangladesh tax law allows various deductions: investment in approved savings (up to BDT 15 million), life insurance premiums, DPS, provident fund contributions, and charitable donations. Proper tax planning can reduce your effective tax rate by 10-25%. We identify all eligible deductions to maximize your legitimate tax savings.
Absolutely! We specialize in annual tax return preparation and filing for individuals and businesses. We ensure accurate reporting, compliance with tax laws, and timely submission to avoid penalties.
VAT registration is mandatory when your annual turnover exceeds BDT 30 lakh (3 million) for most businesses. For specific sectors like e-commerce, IT services, or manufacturing, registration may be required at lower thresholds. Even voluntary registration is beneficial for input tax credit claims and business credibility.
BIN (Business Identification Number) is an 11-digit number issued by NBR for VAT-registered businesses. To obtain BIN, you need trade license, ETIN, bank account details, and business premises documents. The process involves NBR online submission and physical verification. We handle the entire process, typically completing it within 15-20 working days.
Mushak forms are VAT-related documents mandated by NBR. Key forms include: Mushak 6.3 (monthly VAT return), Mushak 6.1 (sales register), Mushak 6.2 (purchase register), and Mushak 9.1 (VAT challan). Accurate Mushak maintenance is crucial for VAT compliance, avoiding penalties, and facilitating smooth VAT audits.
VAT returns (Mushak 6.3) must be filed monthly by the 15th of the following month. For example, January VAT return is due by February 15th. Late filing attracts penalties and interest. We provide monthly VAT return services ensuring timely compliance and proper input-output tax reconciliation.
Trade license is permission from city corporation/municipality to operate business premises, renewable annually. Company registration is incorporation with RJSC, creating a legal entity with perpetual existence. Most businesses need both: RJSC registration establishes your company legally, while trade license allows physical operations at your location.
Company registration involves: name clearance from RJSC, drafting MOA/AOA, obtaining digital signatures, online submission, paying registration fees, and collecting incorporation certificate. The process takes 15-25 working days. We handle everything including post-incorporation requirements like ETIN, bank account opening support, and statutory record book preparation.
RJSC annual return (Form XII) is a mandatory yearly compliance requirement for all registered companies in Bangladesh. It includes company financials, shareholding details, and director information. Must be filed within 60 days of AGM or 120 days from financial year-end. Non-compliance leads to penalties and potential company strike-off.
Yes, foreigners can register companies in Bangladesh with at least one local director or through BIDA (Bangladesh Investment Development Authority) for 100% foreign ownership. Requirements include: passport copies, address proof, business plan, and BIDA approval for foreign investment. We assist with the complete foreign company registration process.
Statutory audit is mandatory for: all limited companies, VAT-registered businesses above certain turnover, and companies requiring tax exemption certificates. Even if not legally required, voluntary audits strengthen financial credibility for loans, partnerships, and investor confidence. We provide comprehensive audit services compliant with BFRS.
IRC (Import Registration Certificate) is a license from CCI&E required to import goods into Bangladesh. It's mandatory for all importers except specific exempted categories. IRC is valid for 5 years and renewable. Requirements include: trade license, bank certificate, ETIN, and membership with chamber of commerce. We expedite IRC applications within 20-30 days.
ERC (Export Registration Certificate) is issued by CCI&E for export-oriented businesses. Requirements: trade license, bank solvency, ETIN, sector-specific documents, and export association membership. ERC enables LC establishment, customs clearance, and export incentives. Processing takes 25-35 working days. We handle complete ERC application including documentation and follow-up.
Our fees vary based on service complexity and business size. ETIN registration starts from BDT 3,000, VAT registration from BDT 15,000, company registration from BDT 25,000, and tax return filing from BDT 5,000. We offer transparent pricing with no hidden charges. Contact us for customized quotes and package discounts for multiple services.
Yes! We offer complete online consultation via video calls, WhatsApp, and email. Most services can be handled remotely with digital document submission. We serve clients across Bangladesh and abroad. Our digital-first approach saves your time while ensuring the same professional quality and compliance standards.
We specialize in urgent compliance situations. For immediate needs, we offer expedited services: emergency tax return filing within 24-48 hours, rush ETIN within 2-3 days, and urgent VAT return preparation within 24 hours. While standard timelines are preferred, we understand business urgency and have successfully met countless tight deadlines.
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Get in TouchTrusted by businesses across Bangladesh - from startups to established enterprises, see how we've helped them navigate NBR compliance and grow their ventures
"MG Consultancy transformed our tax strategy completely. Their expertise in corporate tax planning saved us significant costs while ensuring full compliance. Highly professional team!"
CEO , Tech Solutions Ltd
"MG Consultancy handled our IRC and ERC registration flawlessly. What impressed me most was their understanding of garment export compliance. They saved us weeks of back-and-forth with CCI&E and got our export license approved in just 28 days. Their customs documentation support has been invaluable for our LC operations."
Managing Director , Bengal Garments Ltd.
"Outstanding service! The business advisory team helped us navigate complex financial decisions with confidence. Their insights were invaluable for our expansion plans."
CFO , Global Enterprises
"As a first-time entrepreneur, I was overwhelmed with company registration and compliance. MG Consultancy guided me through RJSC registration, ETIN setup, and even helped open our business bank account. Their startup package was incredibly cost-effective, and they explained everything in simple terms. Highly recommended for tech startups!"
Founder & CEO , TechVista Solutions
"As a startup, we needed expert guidance on tax compliance and financial planning. MG Consultancy provided exactly what we needed with exceptional attention to detail."
Founder , Startup Innovations
"I was facing NBR penalties due to delayed VAT returns. MG Consultancy not only filed three months of pending returns within 48 hours but also helped negotiate penalty waivers. Their Mushak form preparation is meticulous. Now I use their monthly VAT service and never miss deadlines. Worth every taka!"
Proprietor , Rahim Trade International
"Their audit services are thorough and professional. The team identified areas for improvement we had not considered. Great value for money."
Managing Director , Manufacturing Co
"Running an e-commerce platform means complex VAT calculations across thousands of transactions. MG Consultancy set up our entire VAT accounting system and handles monthly returns seamlessly. They also got our BIN registration done faster than expected. Their team understands online business challenges perfectly."
Co-Founder , ShopBD E-commerce
"Working with MG Consultancy has been a game-changer for our business. Their proactive approach to tax planning and compliance is exceptional."
Finance Director , Retail Chain Ltd
"Trade license renewal was always a hassle dealing with city corporation. MG Consultancy handled everything from documentation to inspection coordination. They also optimized my personal tax returns and found deductions I never knew existed. Saved me BDT 85,000 in taxes legally! Professional and trustworthy service."
Owner , Spice Route Restaurant
"The level of expertise and professionalism is outstanding. They helped us optimize our financial structure and provided strategic insights that drove real results."
Partner , Investment Group
"Our NGO needed help with NGOAB compliance and donor audit requirements. MG Consultancy expertise in non-profit sector was evident from day one. They streamlined our financial reporting, handled audit preparation, and ensured we met all regulatory requirements. Their educational institution consulting helped us structure our scholarship program properly."
Executive Director , Bangladesh Education Foundation
"As a freelancer earning from international clients, I was confused about tax obligations. MG Consultancy clarified everything, filed my income tax returns with proper foreign income documentation, and set up a tax-efficient structure. Their personal tax planning service helped me save significantly while staying fully compliant. Excellent for freelancers!"
Independent Professional , Freelancer (IT Consultant)
"We switched to MG Consultancy for our company audit and tax services last year. The difference is remarkable - they caught accounting errors, optimized our tax position, and prepared comprehensive audit reports that impressed our bank. Their proactive approach to RJSC compliance means we never miss annual returns. Truly professional firm."
Finance Manager , Prime Pharmaceuticals
"Real estate transactions involve complex tax implications. MG Consultancy handled our property tax filings, company accounts, and strategic tax planning for our development projects. Their financial advisory helped us structure our investments efficiently. They understand the Bangladesh real estate market and tax regulations perfectly."
Director , Green Valley Properties
"I was worried about VAT registration impacting my small boutique business. MG Consultancy assessed my situation, advised on the right timing, and when we did register, made the entire process smooth. They manage my quarterly tax planning calls and ensure I'm always prepared. Great support for small business owners like me."
Owner , Elegant Fashion House
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Office Address
Planner's Tower, Level#16, Suite#05, 13/A Bir Uttam C.R. Datta Road, Dhaka-1000
Phone
01616176240Website
mgconsultancybd.com