Retained
- Statutory Tax Rate27.5
- Surtax Based on Taxable Income0
- Surtax Based on Statutory Tax0
- Surtax Deductible from Taxable Income0
- Statutory Tax Deductable0
- Effective Tax Rate27.5
Statutory Tax Rate
The standard corporate tax rate is 27.5% (reduced from 30% effective 1 July 2022) for private companies, including branch and liaison offices, unlisted companies, association of persons, and artificial juridical persons but can resort back to 30% if the following conditions are not met:
- All receipts and income are received through banking channels; and
- Expenses and investments exceeding BDT 500,000 individually, or BDT 3.6 million in aggregate annually, are made through banking channels.
However, various other rates apply as follows:
|
Listed companies with more than 10% paid-up capital raised through initial public offers |
20% (reduced from 22.5% effective 1 July 2022). The rate is increased to 22.5% if the conditions mentioned above are not met. |
|
Listed companies with 10% or less paid-up capital raised through initial public offers |
22.5%. The rate is increased to 25% if the conditions mentioned above are not met. |
|
One person companies |
22.5% (reduced from 25% effective 1 July 2022). The rate is increased to 25% if the conditions mentioned above are not met. |
|
Listed banks, insurance, and other financial institutions, including mobile financial services providers |
37.50% |
|
Unlisted banks, insurance, and other financial institutions, including mobile financial service providers |
40% |
|
Merchant banks |
37.5% |
|
Tobacco manufacturers |
45% (plus 2.5% surcharge) |
|
Listed mobile phone operators |
40% |
|
Unlisted mobile phone operators |
45% |
|
Ready-made garment manufacturers and exporters |
12%; 10% with green building certification. The reduced rates apply up to 30 June 2024. |
|
Export-oriented companies |
12%; 10% with green building certification (reduced from 30% effective 1 July 2022). |
|
Textile industries |
15% until 30 June 2025 (extended from 30 June 2024). |
|
Jute goods exporters |
10% until 30 June 2023. |
|
Private universities, private medical, dental, and engineering colleges, and private colleges solely dedicated to imparting education on information and communication technology |
15% |
Capital Gains
- Statutory Tax Rate15
- Surtax Based on Taxable Income0
- Surtax Based on Statutory Tax0
- Surtax Deductible from Taxable Income0
- Statutory Tax Deductable0
- Effective Tax Rate15
Statutory Tax Rate
Capital gains from the sale of capital assets and shares (other than shares in a listed company) are taxed at the rate of 15%. The rate is 10% for capital gains from the sale of shares in a listed company.