Tax Incentives and Investment Conditions
2.6 Startup Sandbox (2/2)
Benefits
This section will override all other provisions in ITO 1984
Sections 30 and 30B (treatment of disallowances) will not
applicable for growth years for startups registered under this
section.
Loss incurred in growth years can be carried forward to
9 successive years.
No reporting obligations other than submission of return if
permanent access to books is provided to the tax authority.
Minimum tax on gross receipts is reduced to 0.1%
KPMG
© 2023 Rahman Rahman Huq and KPMG Advisory Services Limited are entities registered in Bangladesh, and member firms of the KPMG global organisation of independent member
firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved. Printed in Bangladesh.
25
25View entire presentation