Corporate tax rates

The rates of tax applicable to companies, banks, insurance and other financial
institutions:
Companies Rate
Publicly traded companies i.e. companies listed with any stock exchange in
Bangladesh other than banks, insurance companies, merchant banks and other
financial institutions and jute, textile, garment industries, mobile phone
operator companies and cigarette zarda, bidi, gul or any other tobacco
product Manufacturing companies.

25%

Non-listed companies including branch companies other than banks, insurance
companies, merchant banks and other financial institutions, jute, textile,
garment industries, mobile phone operator companies and cigarette, zarda,
bidi, gul or any other tobacco product manufacturing companies.
[If non-listed companies other than banks, insurance companies, merchant banks
and other financial institutions, jute, textile, garment industries, mobile phone
operator companies and cigarette, zarda, bidi, gul or any other tobacco product
manufacturing companies list at least 20% of their paid up capital through IPO,
they shall receive a rebate of 10% in the year of listing.
50% of export income is exempt from tax.
However, rebate on income from export business shall not apply to companies who
are enjoying tax exemption or paying tax at the reduced rates as mentioned in 2.3.]
35%

Banks, insurance and other financial institutions (except merchant banks) if
not publicly listed

40%
Banks, insurance and other financial institutions (except merchant banks) if
publicly listed and those which got approval from the Government in 2013

37.5%
Merchant banks 37.5%
Cigarette, zarda, bidi, gul or any other tobacco product manufacturing
companies (companies, firms and individuals) irrespective of listing status
Surcharge in addition to above tax is applicable on business income.

45%
2.5%
Mobile phone operator companies if not publicly listed as below 45%
Mobile phone operator companies that convert themselves into a publicly
traded company by transfer of at least 10% shares through stock exchanges,
of which maximum 5% may be through Pre-Initial Public Offering Placement
[If mobile phone operator companies list at least 20% of their paid-up capital
through IPO, they shall receive a rebate of 10% in the year of listing.

40%

However, 5% additional tax will be charged from 1 July 2020 if disabled
persons are not provided with proper arrangements for movement at the place of
service by schools, college, universities and NGO. On the other hand, 5% tax

rebate will be allowed if at least 10% of total employees constitute disabled persons.