ACE Advisory - BPO, Accounting, Payroll & Tax Firm in Bangladesh
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
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%.
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.
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.
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.
Why Choose Us
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
Modern Office with an emphasis on openness and communication located in the heart of Dhaka – Banani.
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
Our services are more cost effective than maintaining an in-house team.
ADAPTIVE SOLUTIONS
Our services are designed so that they can be tailored for clients of any size.
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.
SERVICESOur Services
- Outsourcing Services
- Consultancy Solutions
- Corporate Secretarial Services
Accounting Reporting Services
With increasing regulations and introduction of new standards, Finance Departments will feel the need for enhanced scrutiny and specific local knowledge to ensure compliance requirements are met.
Tax Services
Tax is the single biggest compliance burden and concern for businesses globally. Regulators are constantly increasing tax rates, scrutiny and legislation to ensure higher state earnings. Consequently, businesses must ensure complete/absolute compliance to local regulations to avoid such reprimand.
Payroll & HR Services
The administration of payroll services can be surprisingly complex and challenging. Our HR and Payroll Management Services ensure clients can focus on business strategy while we take care of all payroll management, taxability, and other country specific issues. Outsourcing to us will save costs by reducing manpower and infrastructure requirements.
Secretarial & Other Compliance Services
Corporate secretarial and compliance roles are key in most jurisdictions and local regulations are often complex and challenging. Our corporate secretarial services ensure that you can avoid maintaining an expensive secretarial team in your local office and be sheltered from the associated compliance risks.
PEO & EOR Services
Our PEO & Employer of Record means hiring new employees, or trading in Bangladesh, in as little as 48 hours.
Corporate Advisory
We help clients formulate their corporate strategy enabling them to build more effective organizations, reduce costs and increase scope for technological intervention. We assist clients in evolving to meet changing industry trends and management focus.
Catchup Compliance
In light of increasingly complex tax laws, it is important to plan well in advance to avoid surprises and take advantage of tax benefits in the long run. Tax planning is best developed in advance.
M&A Services
We bring our foreign and local client's extensive transaction and integration expertise, deep local knowledge and a network developed over 2 decades of working with corporate houses in Bangladesh which have resulted in numerous successful M&A deals.
Entity Setup & Support
The selection and formation of an entity can be surprisingly complex, and regulations, timeliness, costs and requirements can differ significantly. To get the most out of your business, choose the right type of entity to help maximize your chances of financial and operational success.
Registrations & Entity Management
We specialize in assisting new business and existing business in obtaining/renewing/amending various local registrations, licenses, and corporate secretarial filings.
Liquidation
Entity dissolution in Bangladesh is a complex process which requires obtaining approval from multiple regulators.
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.
Publications
We generate high-quality publications on taxation, compliance, expansion to Bangladesh etc. on a regular basis for our clients and stakeholders.
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.
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.
ACE Advisory's own cloud based SaaS application to automate your Payroll & HR needs.
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.
Trusted by Many!
"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."
"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."
"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."
"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."
"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."
"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."
"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."
"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."
"ACE advisory's quality of service has been remarkable. We sincerely appreciate the level of detail and accountability ACE demonstrated in our engagement"
BLOGNews and Updates
READ OUR BLOGNews and Updates
Entity Dissolution in Bangladesh
Startup Sandbox in Bangladesh!
Looking for Professional Employer Organization (PEO) Service in Bangladesh? Here’s why it makes sense!
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Corporate office
© 2024 ACE Advisory. All Rights Reserved.
© 2024 ACE Advisory. All Rights Reserved.