ACE Advisory - BPO, Accounting, Payroll & Tax Firm in Bangladesh

Bangladesh
Tax Insights 2024-2025

Our flagship publication aiming at consolidating all relevant tax regulations of Bangladesh at one place including changes as made by Finance Act 2024.

bangladesh-tax-highlights-2024-2025-banner

Accord HRM, ACE Advisory’s very own cloud-based SaaS solution to all your HR & payroll needs.

A comprehensive cloud based SaaS software for Bangladesh capable of carrying out all your HR and payroll processing functions

accord-hrm-hero-banner

Key changes proposed in the Finance Bill 2024

  • Deadline for submitting monthly withholding tax return has been extended till 25th of the month instead of 15th and no more time extension will be applicable.
  • Income tax returns must now be submitted under universal self-assessment (Section 180). Returns can no longer be submitted under normal scheme.
  • Interest on balance tax payable for failure to file tax return within stipulated deadline has now been reduced to 2% from 4%.
website-tax-banner-01

We are
ISAE 3000 Type 1 Certified!

ACE Advisory is committed to delivering exceptional quality, and professionalism and to continually evolving with the needs of our clients. This certification demonstrates our adherence across all 5 trust services criteria; privacy, security, availability, processing Integrity, and confidentiality.

https://aceadvisory.biz/wp-content/uploads/2023/07/Image-21-e1688976102629-320x323.png

ANDERSEN GLOBAL Establishes Presence in Bangladesh with Collaborating Firm ACE Advisory

ANDERSEN GLOBAL is an international association of legally separate, independent member firms made up of tax and legal experts. ACE Advisory will help strengthen Andersen’s footprint in Asia by providing sectoral expertise and local knowledge in advisory, corporate secretarial, and outsourced professional services in Bangladesh.

ANDERSEN GLOBAL Establishes Presence in Bangladesh with Collaborating Firm ACE Advisory
https://aceadvisory.biz/wp-content/uploads/2020/06/floating_image_1.png
https://aceadvisory.biz/wp-content/uploads/2020/06/floating_image_2.png

Collaboration

ACE Advisory is a collaborating firm of Andersen Global in Bangladesh. Andersen Global is an international association of legally separate, independent member firms comprised of tax and legal professionals around the world. Established in 2013 by U.S. member firm Andersen Tax LLC, Andersen Global now has more than 9,000 professionals worldwide and a presence in over 326 locations through its member firms and collaborating firms.

https://aceadvisory.biz/wp-content/uploads/2020/06/floating_image_2.png
https://aceadvisory.biz/wp-content/uploads/2020/06/floating_image_1.png

Why Choose Us

INTEGRATED SOLUTIONS

INTEGRATED SOLUTIONS

Our teams are trained to advise clients on multi-dimensional areas to ensure compliance to all areas of regulations such as tax, accounting, audit, and secretarial.

LOCATED CENTRALLY

LOCATED CENTRALLY

Modern Office with an emphasis on openness and communication located in the heart of Dhaka – Banani.

TECHNOLOGY AS PART OF SERVICE

TECHNOLOGY AS PART OF SERVICE

Each part of our service delivery model incorporates the use of cutting-edge technology to ensure effciency, accuracy and data security.

COST EFFECTIVE

COST EFFECTIVE

Our services are more cost effective than maintaining an in-house team.

ADAPTIVE SOLUTIONS

ADAPTIVE SOLUTIONS

Our services are designed so that they can be tailored for clients of any size.

IN-DEPTH RESEARCH

IN-DEPTH RESEARCH

Clients get access to in-depth research, regular updates on changes in regulations, and high-quality publications.

Expertise You Can Count On

ACE Advisory is ISAE 3000 Type 1 certified. Well-known for its compliance with SOC 2 requirements which are commonly used in the US, this certification serves as a testament to our unwavering commitment to excellence, transparency, and the highest standards of professional practice.

By successfully completing the rigorous ISAE 3000 Type 1 audit, we have demonstrated our adherence to internationally recognized best practices in the field of assurance engagements and our compliance with the requisite standard across all 5 trust services criteria; privacy, security, availability, processing integrity and most importantly, confidentiality.

https://aceadvisory.biz/wp-content/uploads/2023/06/ISAE_Home-page-640x640.png

SERVICESOur Services

  • Outsourcing Services
  • Consultancy Solutions
  • Corporate Secretarial Services

Resources

Our teams constantly work to bring you a variety of our own research, insights, regulatory updates and forms which are required in the running of your business in Bangladesh.

https://aceadvisory.biz/wp-content/uploads/2021/11/icon-service-01.png

Publications

We generate high-quality publications on taxation, compliance, expansion to Bangladesh etc. on a regular basis for our clients and stakeholders.

https://aceadvisory.biz/wp-content/uploads/2021/11/icon-service-04.png

Regulatory Library

We have an easily searchable depository of relevant regulatory notifications and updates helping clients and user to find them all at one place.

https://aceadvisory.biz/wp-content/uploads/2021/11/icon-service-02.png

Forms and Templates

We collate important regulatory forms and templates to ensure easy access for our clients and users.

10 Years of OperationsWe have been providing high quality service since 2012

ACE Advisory grew from a vision to create a world-class outsourcing and professional services firm that could service clients across the world and in Bangladesh. Started by two dynamic individuals, the firm has in almost a decade of operations, established a brand which is associated with high-quality professional services and in-depth insight into regulatory matters.

012345678900123456789001234567890                                         +Satisfied clients
0123456789001234567890                                         %Of our clients are multinational
01234567890012345678900123456789001234567890                                         +Payslips generated monthly
012345678900123456789001234567890                                         +Monthly tax deposits
012345678900123456789001234567890                                         +Entities incorporated in last 5 years
0123456789001234567890Clients with over $1 billion in annual global revenue

200 +

Satisfied clients

95 %

Of our clients are multinational

3000 +

Payslips generated monthly

600 +

Monthly tax deposits

200 +

Entities incorporated in last 5 years

16

Clients with over $1 billion in annual global revenue

overview-office
screens_althr

ACE Advisory's own cloud based SaaS application to automate your Payroll & HR needs.

Cloud based
Payroll and automated tax
Paperless HR & Employee self service
Compliance and reporting
Provident fund
Leave and attendance management

Doing Business in Bangladesh

This section covers all areas of interest for a potential investor/client looking to setup in Bangladesh. The information provided is brief in nature and it is advised that you get in touch with us for more detailed/specific advice.

Legal Structures

Legal Structures

Legal Structures

Incorporation Procedures

Incorporation Procedures

Incorporation Procedures

On-Going Obligations

On-Going Obligations

On-Going Obligations

Foreign Exchange Implications

Foreign Exchange Implications

Foreign Exchange Implications

Tax Implications

Tax Implications

Tax Implications

Labour Environment

Labour Environment

Labour Environment

Trusted by Many!

Our clients have always trusted our expertise and advisory. Here’s what they have to say about us.

"ACE Advisory as a company and its founders are proficient in their work and overall approach. We have had a good relationship with them so far for our consultancy work, accounting services, tax filings, compliances. The most important aspect of the company being they go beyond the written word in the scope by supporting their clients/partners in their emergencies too."

Rajkiran J. Kanagala
Rajkiran J. Kanagala
Vice President of Business Development
Transport Corporation of India Limited

"ACE Advisory was instrumental in establishing our back-office operations in Bangladesh and they continue to provide quality and efficient outsourced finance, accounting, payroll and tax services to us. Their insights helped us rollout a SAP localization in under 3 months and they assume a high level of responsibility for client work, compliance, and filings."

Richard Hormann
Richard Hormann
Controller of Accounting/Treasury/Back Office
Excelerate Energy L.P.

"Critical issues surrounding our entity setup in Bangladesh was resolved smoothly and quickly by ACE Advisory. We have since engaged them for complete back office outsourced services and find their service and support to be professional and of the highest quality at all times. Management does not hesitate to provide services beyond the written scope of work."

Ivan Tung
Ivan Tung
Financial Controller
BillerudKorsnas International Trading Co. Ltd.

"The advice and support provided by ACE has significantly contributed to establishing our business in Bangladesh. We experienced them as proactive and professional business and tax advisors helping us to structure our operations in an efficient manner."

Peter de Jong
Peter de Jong
Finance Director
HaskoningDHV Nederland B.V.

"ACE Advisory’s PEO (PEO is the technical term we use for outsourced employee services where we hire on your behalf) and HR services enabled the rollout of our Bangladesh operations in under a month. Since then and over the last 4 years, ACE Advisory has proven a trusted local partner providing the unparalleled fiduciary services."

Omer Salahuddin
Omer Salahuddin
Managing Director
Messe Frankfurt Bangladesh

"ACE advisory has helped us considerably with the local accounting and financial compliance in Bangladesh. We are pleased with their support on different challenges we faced and with their quality of work."

Tim De Schoenmacker
Tim De Schoenmacker
Finance Manager
Jan De Nul Group

"ACE Advisory is a reliable consulting firm, and we highly recommend it. ACE Advisory provides professional service at a reasonable fee, and I do appreciate their quick and flexible response to my detailed questions, it enables me to satisfy the requirements of our head office in Japan."

Saori Fujimoto
Saori Fujimoto
Country Manager
TNY Legal

"ACE Advisory is our go to firm for tax advisory work for mutual clients. The partners are highly attuned to the needs of MNCs and foreign investors and are very good at providing quick and reliable advice."

Saqeb Mahbub
Saqeb Mahbub
Partner
Mahbub & Company

"ACE advisory's quality of service has been remarkable. We sincerely appreciate the level of detail and accountability ACE demonstrated in our engagement"

Ramiz Hoque
Ramiz Hoque
Managing Director
Wagely Bangladesh

BLOGNews and Updates

READ OUR BLOGNews and Updates

Entity Dissolution in Bangladesh
By SHAHRIAR HOSSAIN
October15
Entity Dissolution in Bangladesh
Liquidation/Winding up/Dissolution is the legal procedure that brings the existence of a company to an end. During the process, the...
Startup Sandbox in Bangladesh!
By Shahriar Hossain
July25
Startup Sandbox in Bangladesh!
The Finance Act 2022 introduced a set of exemptions and incentives to aid in the sustenance of growth and continued...
Looking for Professional Employer Organization (PEO) Service in Bangladesh? Here’s why it makes sense!
By Shahriar Hossain
July5
Looking for Professional Employer Organization (PEO) Service in Bangladesh? Here’s why it makes sense!
With an end to the COVID pandemic now on the radar, many companies are beginning to focus on a return...

Get in touch

Corporate office

House - 67 (Level - 7), Road - 4, Block - C, Banani, Dhaka - 1213, Bangladesh.

    ×