Since July 1, 2018, foreign businesses selling digital services to customers in Bangladesh must apply VAT to their sales there. However, the digital services could fall into a standard (15%) or reduced VAT rate (5%) category.
Source: Taxamo
Latest Posts in "Bangladesh"
- Bangladesh Exempts Bonded Exporters from VAT on Local Procurement to Boost Competitiveness
- NBR Simplifies VAT Rules for Deemed Exports to Boost Local Suppliers
- NBR Simplifies VAT Rules for Deemed Exports to Boost Local Suppliers
- NBR Clarifies VAT Exemption Conditions for Exporters on Local Purchases
- VAT Waiver on Vessel Imports: Opportunity for Growth with Rigorous Compliance Conditions
