All foreign entities will have to obtain value-added tax (VAT) registration certificates for conducting operations of their branch offices, liaison offices and projects in Bangladesh.
After bringing foreign technology companies under tax purview in 2020, the National Board of Revenue (NBR) now has imposed the requirement on all foreign organisations by amending the VAT Act in the proposed Finance Bill for the 2022-23 fiscal year.
Source: www.tbsnews.net
