SHARE MONEY DEPOSIT OF FOREIGN INVESTOR TO BE CONVERTED INTO SHARE WITHIN 1 YEAR – BANGLADESH BANK Foreign investors’ share deposits must be converted into shares within one year, according to Bangladesh Bank. February 7, 2020. Equity investments from...
Share deposits of public interest entities must be converted into paid-up capital within six months – FRC. March 5, 2020. The Financial Reporting Council (FRC), a regulatory agency established under the Financial Reporting Act (FRA) 2015, issued a notification...
FRC broadens the definition of public interest entities. JUNE 30, 2020 The Financial Reporting Council (FRC), a newly constituted regulatory organization, issued a notification on 11 Match 2020 (Gazette, June 29, 2020). By issuing this notification, the FRC expanded...
Unpaid VAT must be paid. RJSC April 24, 2021. On April 20, 2021, RJSC published a notice (undated) about the payment of outstanding VAT for services received from RJSC from 2014-15 to 2017-18. During this period, despite the fact that the VAT Act 1991 and VAT Rules...
Duty Drawback Regulations 2021 introduced in Bangladesh August 17, 2021. Export-oriented enterprises will henceforth exclusively receive customs and regulatory tax refunds from the Director General, Duty Exemption and Drawback Office (DEDO). All exporters must ask for...
Call us
