Information

This barrier is unrelated to the end of the transition period, following the United Kingdom's departure from the EU.

Public ID: PID-GA7AMB

Double Taxation Avoidance Agreement (DTAA) Certificates issuance Process in Bangladesh affecting UK Businesses

in Bangladesh

Trade barrier summary

The Double Taxation Avoidance Agreement (DTAA) certificate issuance process is not currently time-bound, and UK businesses applying for the certificate from the National Board of Review for dividend remittance are facing major delay in receiving the approval; the financial implications of the time lapse are also quite significant for the companies.

Furthermore, the companies are required to obtain this certificate annually and for every remittance; this is an additional burden on the business in terms of both time and cost.

Sectors affected

  • Financial and professional services

Resolved

No

Date reported

23 May 2019

Last updated

18 December 2020

Public ID

PID-GA7AMB

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