In force 🚨 Action required Registration

Bangladesh — BIN precondition

This page records one dated change. For the rules in Bangladesh as they stand today, see the Bangladesh guide →

Jurisdiction
🇧🇩 Bangladesh
Tax
VAT
Change type
Registration
Status
In force
Impact
Action required
Effective
1 July 2026
Instrument
BD-FINACT-96-2026
Systems
Reporting, Tax engine
Verified
Fetched from official source · high confidence
What to do

Confirm the Bangladeshi entity's BIN or listing certificate is on file before any bank or NBFI account action, loan, trade-licence renewal, MFS merchant onboarding, trade-body membership action, utility connection or BRTA vehicle registration.

ReportingTax engine

The change

The Finance Act 2026 (Act No. 96 of 2026), gazetted 30 June 2026, inserts a new sub-section (3) into Section 4 of the Value Added Tax and Supplementary Duty Act 2012, making a Business Identification Number (BIN) or a listing certificate a mandatory precondition for opening or operating a current or STD bank or NBFI account, taking a bank or NBFI loan, renewing a trade licence, opening a Mobile Financial Services merchant account, admission to or renewal of trade-body membership, obtaining an electricity or gas connection, and registering a vehicle with the BRTA in a business name.

Sources

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