Contents hide
1.What is e tin certificate?
2.What is Tax Identification Number (TIN)
3.Why do you need e tin certificate?
4.What are the necessary documents you need to collect?
5.What information will be contained in your TIN?
6.How to get a TIN certificate
What is e tin certificate?
e TIN certificate means an electronic tax identification number. In Bangladesh, you have to pay text on the basis of your yearly income. Every year the government selects a range of income and if anyone except for that specific income amount then he or she has to pay income tax.
As part of the plan to digitize everything, the old Tin Certificate has been updated to the E-Tin Certificate. All must take the mandatory e-tin certificate. So why late? Find out how to get this certificate at your own convenience. Get an online e tin certificate without any suffering.
Now it is very easy to pay your income tax online. For that, you should have to register online.
What is Tax Identification Number (TIN)
The Tax Identification Number (TIN) serves as a unique identifier in the realm of taxation, with its electronic counterpart known as the Electronic Tax Identification Number (e-TIN). In Bangladesh, the exclusive provider of TIN is the National Board of Revenue (NBR). Prospective applicants seeking a TIN can opt for either a manual or electronic application process facilitated by the National Board of Revenue (NBR).
Taxation stands as the primary revenue source for any government. In alignment with the current government’s commitment to digitalizing the nation, the Electronic Tax Identification Number (E-TIN) has been introduced to optimize the efficiency and effectiveness of the tax collection process. In this context, the Taxpayer’s Identification Number (TIN) Certificate holds paramount importance for individuals and companies operating in Bangladesh.
According to the Income Tax Ordinance of 1984, under Section 124A, individuals who, without reasonable cause, utilize another person’s TIN or employ a fraudulent TIN during the submission of income returns may face penalties of up to BDT 20,000 as imposed by the Deputy Commissioner of Taxes (DCT).
Under Section 124AA, individuals who, without reasonable cause, fail to verify the authenticity of a twelve-digit Tax Identification Number (TIN) may incur penalties of up to BDT 50,000. The imposition of penalties is executed by the Deputy Commissioner of Taxes (DCT) or any other income tax authority duly authorized by the Board for this specific purpose.
Why do you need e tin certificate?
There are many reasons why you need e tin certificate in Bangladesh. One of the main is to prove that you are giving income tax properly. Hence, you must have an authentic e tin certificate for this purpose. You need to give a copy of t e tin certificate in case you got it from tax authority authorities. It will be good to provide information on your monthly or annual income information so that a proper fine is levied against you which will not make any future issues on accountability and transparency.
Moreover, TIN Certificate is mandatory in order to continue any business operations.TIN Certificate is not mandatory in order to start any business operations. It is only mandatory once the business has been operational for a certain period of time. You need the TIN Certificate for the following works-
- Business
- Bank account
- Saving paper
- DPS
- To buy a vehicle
- Others necessary
What are the necessary documents you need to collect?
You will require the following necessary documents or information during fill-up of the application form:
- Passport size photograph of the assessee (soft copy if you apply electronically)
- Name and TIN of the:
- Business (in the case of a sole proprietorship)
- Partners (in case of a firm)
- Sponsor Directors (in case of a company)
- Incorporation no/registration no (wherever applicable)
- Incorporation/registration date (wherever applicable)
- Postcode of the current address
- Postcode of permanent address
- National ID/Passport number
What information will be contained in your TIN?
Your TIN certificate will contain the following information:
- TIN
- Name
- Father’s Name (for the individual)
- Mother’s Name (for the individual)
- Present address
- Permanent address
- Name of the business/employer (if applicable)
- Registered office address (for company & others)
- Previous (10 digits) TIN (if any)
- Status
How to get a TIN certificate
We’ll explain the process of getting a Bangladeshi TIN Certificate and the document requirements in this guideline.
For any government, taxation is the major source of income. As a result, the government issues a Tax Identification Number, also known as TIN. TIN is given to an individual or business to monitor tax payments. The sole authority in Bangladesh that can provide a TIN Certificate to an applicant is the National Board of Revenue (NBR). In Bangladesh, one may get a TIN Certificate by applying to the NBR, which is either manually or digitally generated. Anyone can collect the Taxpayer’s Identification Number (TIN) through Registration / Re-registration to the NBR website.
If you do not have an account to log in the system will support you to register an online account without going to the Circle office. In order to register the online account, please make sure you have in hand the following information.
•If you are an individual or other company taxpayer, 12-digit TIN, and National ID or Passport No.
•If you are a company taxpayer, 12-digit TIN, and Incorporation No.
•Phone number (auto load and Taxpayer can change)
•Active email address (auto load and Taxpayer can change)
•Required attachment documents when registering an account online (Total size of uploaded documents should not exceed 1 Mb):
1. Scan the version of the TIN Certificate.
2. Scan the version of the National ID/Incorporation Certificate/Passport.
3. Scan of Filled Online Account Registration Application form.
4. Recent Passport-sized photograph (If you are an individual or other company taxpayer).
To get the soft copy of the online account registration application form, please CLICK HERE.
To register an account for the Income-tax online filing system CLICK HERE.
Step-1
First, you have to click on the Registrar button then you have to register with the User ID, Password, Security Question, Email Address, and Mobile Number. Immediately a message will be sent to your mobile number.
Step-2
Now type the code found in the e-tin activation page and click on the Activate button. Then click on this section for new TIN registration / re-registration, click here. Here you will find all the important information by clicking on Next.
In the taxpayer type section, the person/expatriate/company – whatever is applicable should be selected. Those who did not have a TIN certificate, they will select the New Registration button, and for those who have Re-registration options.
Then enter the old tin number and go to the next page. Now the taxpayer has to enter all the information about income such as profession, income source, place, and go to the next page. After this, the e-tin will be ready.
After confirming all the personal information, name, address, national ID number, VAT registration number (if any), and all applicable issues. Interestingly, all the information, including the picture, along with the national ID number is verified automatically. The prepared certificate can be printed immediately. Or you can save it to a PDF version or print it out later.
Now, collect your E-TIN certificate or tin certificate verification bd from here-
e tin certificate registration
If you’re looking for an easy way to collect your e-tin certificate online in Bangladesh, you’ll want to check out the following video! It outlines the step-by-step process of collecting your e-tin certificate online in BD. From there, all you have to do is follow the instructions carefully to ensure a smooth and successful collection process. let’s start to watch the video and collect your e-tin number easily only in 5 minutes. Thanks for reading!
