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Bangladesh Tax Information

15% VAT

VAT is 15% standard, 5-10% reduced. BIN required for VAT registration.

Consulting Services to Invoice

  • Strategy consulting
  • Management consulting
  • Advisory services
  • Workshop facilitation
  • Retainer arrangements
  • Project consulting

Invoice Requirements in Bangladesh

BIN number
TIN
Client details
VAT breakdown
Total in BDT

Payment Terms

Net 30 is standard. Milestone payments for large engagements.

নগদ15 দিন30 দিনবাকি

Payment Methods in Bangladesh

Bank TransferbKashNagadRocketCash

Consulting Invoice Tips

  • Include professional credentials
  • Break down phases clearly
  • Document deliverables
  • Consider value-based pricing
  • Reference engagement letter

Frequently Asked Questions

What tax rate applies to consulting invoices in Bangladesh?

Bangladesh has 15% VAT. VAT is 15% standard, 5-10% reduced. BIN required for VAT registration.

What payment methods are common for consultings in Bangladesh?

Common payment methods in Bangladesh include: Bank Transfer, bKash, Nagad, Rocket, Cash. Net 30 is standard. Milestone payments for large engagements.

What should consulting invoices include in Bangladesh?

Your invoice should include: BIN number, TIN, Client details, VAT breakdown. For consulting services specifically, also include: Strategy consulting, Management consulting, Advisory services.

How should consultants structure invoices?

Include engagement reference, billing period, hours or deliverables, expenses, and payment terms.

Should consultants charge for travel?

Yes, charge 50% of hourly rate for travel or include in project fee. State policy upfront.

What VAT rates apply?

15% standard, with various reduced rates for specific goods/services.