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TABLE OF CONTENTS

1. INTRODUCTION ................................................................................................4

2. OUR SERVICES ..................................................................................................6

3. COMPANY LEGAL AFFIRS……......................................................................6

4. TAXATION SERVICES .....................................................................................8

5. VAT MANAGEMENT........................................................................................11

6. ACCOUNTING SERVICES …........................................................................ 13

7. AUDIT SERVICES ………………………....................................................... 15

8. SECTOR SPECIALIZATION.......................................................................... 19

9. CLIENTELE & TEAM EXPERIENCE.......................................................... 20

7. OUR VALUED CLIAET………..….…............................................................ 20

8. CORE TEAM……………….............................................................................. 24

9. CONTACT DETAILS………………................................................................ 26
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PORTFOLIO Business Consultancy Firm Ltd.

INTRODUCTION:
PORTFOLIO Business Consultancy Firm Ltd is one of the oldest and most reputed consultancy firms
in Bangladesh with experience. The biggest asset of the firm is its reputation with the clientele and
uncompromised professional and ethical standards. PORTFOLIO serves clients with all sizes and types
– ranging from small mom-pop style establishments to large corporate conglomerates; largest donor
agencies in the world to a small nonprofit entity with same priority, attention and skill set in order to
meet the clients’ expectations. Our efforts towards our clientele – big or small revolve around providing
the feeling of exclusivity. Hence, many of our clients are with us for years and the relationship has been
passed from generation to generation.

PORTFOLIO Business Consultancy Firm Ltd is a mid-sized progressive consulting firm registered in
Bangladesh and approved by company’s act-1994 in Bangladesh. We provide services in taxation, VAT,
auditing & assurance, accounting & book-keeping, business set-up, management consulting and HR &
consulting for all type of organizations. T
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Mission Statement:
Our mission every day is to make available to small and mid-sized businesses, the business advisory
solutions and expertise typically only available to large well capitalized companies, enabling them to
achieve their long-term financial, economic and operational vision.

Our objective every day is to help our clients make substantial improvements in their performance and
to build a great firm. We partner with our clients’, providing unparalleled support and best in class
business and financial solutions as they grow from small to profitable mid-sized firms.

Vision Statement:
To be the best known, hands-on accounting, income tax, VAT, audit, business advisory and
management consulting firm for small and mid-sized businesses in the Bangladesh.

We believe we will achieve our vision by delivering best in class business and financial advisory
solutions for small and midsized organizations with better collaboration, professionalism and
exceptional client service. By building a culture that attracts the best people drawn to the opportunity to
work on the hardest problems.
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01. Company Legal Affairs: As per company act-1994 with RJSC.

02. Taxation Services: As per income tax ordinance & rules with NBR.
03. VAT: As per value added tax act & rules-2012 with NBR.
04. Accounting Services: As per IAS/BAS.
05. Audit Services: As per ISAs (International Standards on Auditing).

01. Company Legal Affairs: As per company act-1994 with RJSC:

Corporate law regulates how corporations, investors, shareholders, directors, employees, creditors, and
other stakeholders such as consumers, the community, and the environment interact with one another. In
some cases, this may include matters relating to corporate governance or financial law.

PORTFOLIO offers a range of corporate services in the following areas:

 Company name clearance;

 Article of Association /Memorandum of Association;
 Company registration as per section-4;
 Change the name of company as per section 11(6) and 88;
 Annual statutory return fillings as per section- 190, 210, 83, 92;
 Return of allotment as per section-151;
 Return on registered address change as per section-77;
 Conversion of a public limited company to private limited company as per section-232;
 Conversion of a private limited company to public limited company as per section-231;
 Notice of increase share capital as per section-56;
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 Issuance of certified copy;

 Share transfer as per section-38;
 Trade mark as per trademarks act, 1940;
 Winding up as per section-286;
 Report on corporate governance;
 Preparation of AGM minutes;
 Preparation of director’s minutes;
 Formation and registration of companies and close corporations;
 Maintenance of statutory records;
 Amendments to and registration of statutory details;
 Increase of share capital;
 Change of company name;
 Change of Articles & memorandum;
 Preparation of special resolutions;
 Advice on secretarial matters relating to the companies act;
 Management of litigation;
 Management of legal disputes;
 License issues;
 Legal opinion on laws, licenses etc;
 Compliance with relevant laws & regulations;
 IP rights (Logo, Trademark, Copyrights );
 Correspondence with corporate regulatory bodies;
 Drafting, reviewing & providing opinion on;

PORTFOLIO's corporate & commercial legal services in Bangladesh acts for various foreign and
domestic producers, distributors, service suppliers, trade associations in a broad range of international
trade and services matters, from technology to heavy industry, to telecommunications. The firm has
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experienced trade lawyers who are experts in dealing corporate and commercial legal services in
Bangladesh and provides comprehensive advice and assistance on all trade policy matters. The trade law
practice at PORTFOLIO, as a Law Firm in Dhaka, Bangladesh, has always been a standard in its
scope, as PORTFOLIO helped companies around the world to meet their trade policy and dispute
resolution needs in Bangladesh.

02. Taxation Services: As per income tax ordinance & rules with NBR:
With a team of local tax specialists, we at PORTFOLIO Bangladesh aim to provide our customers
with the necessary knowledge and insight into Bangladesh’s market. Along with the respective
advisory services, our tax specialists also take care of all your taxation needs through our integrated
Tax Services in Bangladesh. This includes services like- increasing net asset value, undertake transfer
pricing, minimize tax liabilities, implement tax computer systems and provide advice regarding the
financial implications of various business decisions. Further, PORTFOLIO also provides compliance
services- assisting our clients in the preparation of corporate and individual tax returns, tax audit
defense and tax risk management.

Planning and Consulting- To reduce the tax exposure of companies and give advice about the same,
PORTFOLIO is very important to understand the tax laws of the country, especially double tax
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agreements. PORTFOLIO’s team of highly qualified tax experts is well versed in these laws and uses
this knowledge to provide the best advice to our clients about tax compliance.

PORTFOLIO offers a range of taxation services in the following areas:

 TIN certificate as per section – 184A;

 Individual tax calculation & return submission as per section –75;
 Company & firm’s tax calculation & return submission as per section –75;
 Income tax certificates;
 Tax exemption certificate as per six schedule part-A;
 Application for provident fund / gratuity fund / worker participation fund as per first schedule par-
A, B, C;
 Application for tax exemption certificate as per section –52AA;
 Application for tax holiday certificate as per section –44;
 Special tax treatment as per section –19 C, D;
 Voluntary disclosure of income as per section –19E;
 Face with tax audit as per section –82BB;
 Correction of error as per section –82BB;
 Filling of revised return as per section –78;
 Assessment completion as per chapter –VIII;
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 Prepare a return of international transaction as per section –107B;

 Double taxation relief as per section – 144, 145;
 Appeal against order of tax recovery officer as per section –157;
 Appeal to the appellate tribunal as per section-158;
 Tax planning and consulting;
 Refund on the basis of order in appeal as per section-149;
 Adjustment of refund against tax as per section-152;
 All the benefit as per SIXTH SCHEDULE part- A, B;
 Others (as per income tax act-1984).

Transfer Pricing- All intercompany pricing arrangements, with regards to transactions between related
business entities, fall under Transfer Pricing. These can include the transfer of Intellectual Property,
Tangible Goods, Services, Loans and other financial transactions. Due to the rapid rise of multinational
trade, the interest in Transfer Pricing Agreements has seen a sudden rise. Needless to say, without
professional services taking care of these agreements for a business, these can be viewed as tricky
waters for any and all businesses. PORTFOLIO also provides compliance services- assisting our clients
in the preparation a return of international transaction as per section –107B.
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03. VAT Services: As per value added tax act & rules-2012 with NBR.

The new VAT law (VAT and Supplementary Duty Act, 2012 and Rules 2016) has finally been
scheduled to be put into effect this year starting from July 01, 2019. The law was put on hold for many
times due to various internal and external factors.

A value added tax or value-added tax (VAT) is a form of consumption tax. From the perspective of the
buyer, it is a tax on the purchase price, whereas, from the seller‘s point of view, it is a tax only on the
"value added" to a product, material or service, at the stage of its manufacture or distribution. The
manufacturer remits to the government the difference between these two amounts and retains the rest
for themselves to offset the taxes they had previously paid on the inputs. The "value added" to a
product by a business is the sale price charged to its customer, minus the cost of materials and other
taxable inputs. A VAT is like a sales tax in that ultimately only the end consumer is taxed. It differs
from the sales tax in that, with the latter, the tax is collected and remitted to the government only once,
at the point of purchase by the end consumer. The trade law practice at PORTFOLIO, as a law firm in
Dhaka, Bangladesh, has always been a standard in its scope, as PORTFOLIO helped companies
around the world to meet their trade policy and dispute resolution needs in Bangladesh.
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PORTFOLIO offers a range of VAT services in the following areas:

 VAT registration with mushak-2.1;

 Input-Output Coefficient with mushak –4.3;
 Control central registration challan with mushak –6.5;
 Registration place change by mushak-9;
 Control mushak -6.2, 6.2.1;
 Submissions of VAT return with mushak-9.1;
 Submissions of turnover tax return with mushak-9.2;
 Clerical mistake and error;
 Face with tax audit;
 VAT exemption as per 1st schedule and 2nd schedule;
 Drawback as per VAT act-2012;
 Appeal against order of VAT recovery officer;
 Refund on the basis of order in appeal;
 Others (as per value added tax act-2012);
List of major VAT forms:

PORTFOLIO offers above services as per VAT act 2012 & rules 2016. The need for a legal and
administrative reform of the existing taxation system has been felt by many stakeholders. The new
VAT and SD Act was a major reform agenda for the government.
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04. Accounting Services: As per IAS/BAS.

Accounting or accountancy is the measurement, processing, and communication of financial and
non-financial information about economic entities such as businesses and corporations. Accounting,
which has been called the "language of business", measures the results of an organization's economic
activities and conveys this information to a variety of users, including investors, creditors,
management, and regulators. Practitioners of accounting are known as accountants. The terms
"accounting" and "financial reporting" are often used as synonyms.

PORTFOLIO offers a range of accounting services in the following areas:

 Accounts development;
 Control account, error and omission;
 Recording process development;
 Inventories valuation;
 Fixed asset valuation;
 Financial statements preparation and compilation;
 Business accounting, bookkeeping and payroll support;
 Financial statements assurance reviews for loans and SBA compliance;
 Assessments of internal accounting processes and controls;
 Consolidation of parent company and subsidiary financial statements;
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 Foreign entity financial reporting;

 Multinational business base erosion and profit shifting;
 Performance and profitability analysis;
 Budget, projections and forecasting;
 Recording income and expenditures;
 Business financial records and reporting reviews;
 Reconciling bank statements and providing cash balance reports;
 Invoicing your customers, posting collections, and aging accounts receivables;
 Preparing financial statements and other reports;
 All the international accounting standards explanation;
 Others (as per IAS / BAS);

Accounting services in Bangladesh has always been a significant tool for business to operate. Since
the early ages of human civilisation, accounting services has been used in various formats and stages
of society. Accounting services in modern ages, the area of accounting services in Bangladesh
provided by PORTFOLIO Business Consultancy Firm Ltd as a prominent and renowned accounting
firm in Bangladesh, ranges from simple tally books found in small grocery shops to huge
multinationals and what not.
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05. Audit Services: As per ISAs (International Standards on Auditing).

PORTFOLIO has with us extensive experience in offering Auditing and Assurance Services in
Bangladesh. The audit-related services are based on a complete understanding of clients’ business
drivers as well as the environment of the same.

Here, our expertise lies in offering independent audit services providing assurance on-

• Truthfulness & fairness of financial information

• Advice & review of controls
• Procedures and assurance in business processes & systems.

Here, our team makes use of global audit methodology, tools, documentation, approach, knowledge and
technology and are committed to delivering the highest professional ethics, standards, and integrity in
the delivered service solutions.

PORTFOLIO offers a range of audit services in the following areas:

 Assessing financial, operation and compliance risk;

 Assessing significant risk;
 Special investigation & reporting;
 Find the internal control weakness;
 Fraud investigation;
 Evidence collection & reporting;
 Segregation of duties;
 Disclose related party transaction;
 Going concern issue;
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 Internal audit;
 Risk management;
 Compliance audit;
 Management audit;
 Performance audit;
 Others (as per international standards on auditing);

If you wish to arrange a free initial meeting in order to discuss how we can help you with more details,
please contact our team of PORTFOLIO Business Consultancy Firm Ltd.

In addition to the traditional internal audit, we also assist clients by monitoring:

• Organizational ethics
• Conducting effective reviews of operational & financial performance
• Assessing quality, economy, and efficiency of operations
• Suggesting continuous improvement strategies

PORTFOLIO has with us extensive experience in offering services for Internal Audit, Risk
Management. Here, the main objective of Internal & Management Audits is towards the management
who are provided with independent, management-oriented advice on –

• Organization’s operations
• Performance and financial services
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The service aims at –

• Promoting efficiency, economy, and effectiveness of management processes

• Adding to the reliability and accuracy of operations

PORTFOLIO follows two approaches to perform the Internal & Management Audits. Our group of
professionals is deputed in the client’s office for providing this service on a continuous basis for both
pre and post audit of the financial transaction and risk management. We also carry out this service on a
job basis by deputing HBD team. HBD has acquired expertise in specific internal audit assignment
including procurement, marketing, treasury, tax & VAT, human resources management.

Compliance Audits

We conduct compliance and secretarial audits. It helps strengthen the Corporate Governance in an
organization. Compliance audit assists the Audit Committee Board by providing the status of various
management compliances.

PORTFOLIO also assists in evaluating the effectiveness of internal control and compliance mechanism
within an organization.

System Audit
Audits are no more restricted to accounts related tick and bash, which, in our case, has become a minor
part of the overall gamut of activities covered. Process flows in an organization are mapped along with
their internal controls etc. as part of an audit, other than checking into routine accounts, etc.
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We also provide following services:

Foreign company registration with 100% foreign investment.
Liaison office registration.
Branch office registration.
Import Registration Certificate (IRC).
Export Registration Certificate (ERC).
Bangladesh Security Exchange Commission (BSEC).
The Bangladesh Investment Development Authority (BIDA).
Bangladesh Bank (BB).
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SECTOR SPECIALIZATION:
Our sector specialization means that our clients receive the best ideas for their particular business. PORTFOLIO
Business Consultancy Firm Ltd Infrastructures professionals have deep sector specialization and expertise across
infrastructure. PORTFOLIO truly understands the issues that are relevant to each sector and also the
dependencies and interfaces between them.

 Information Technology  Consumer Durables

 Construction  Equipment & Engineering Projects
 Power  Electricity & Utility
 Airbus  Pharmaceuticals
 Garments  Fertilizer
 Textiles  Dairy
 Chemicals  Print Media
 Packaging  Banking & Non-banking
 Electronics  Buying House
 Home Appliances  Agro business
 Food & Agro Products  NGO
 Paper and Newsprint  Sugar
 Information Technology
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CLIENTELE & TEAM EXPERIENCE:

A positive customer experience is crucial to the success of your business because a happy customer is
one who is likely to become a loyal customer who can help you boost revenue. The best marketing
money can buy is a customer who will promote your business for you — one who's loyal to your
company, promotes your business through word-of-mouth marketing, and advocates for your brand and
product or service.
The way you think about customer experience has probably had a profound impact on how you look at
your business as a whole. This is just one reason why creating and obsessing over a great customer
experience is so important. Or, if you’re current customer experience isn't up to standard, how to
improve it and where to start. PORTFOLIO always cares about customer’s relationship to build up
proper legal execution for the company.

OUR VALUED CLIAET:

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Technics Computers (Pvt.) Ltd.

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F.Z Technology Ltd.

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Beetles Cyber Security Ltd.
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Multimedia Content & Communications Ltd.

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WIN MIAKI LIMITED.

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New Technology System Ltd.

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Cristal Future Venture Ltd.

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Energypac Fashions ltd.

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Mastex Industries Ltd.

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JMS Clothing Ltd.

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JMS International.

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JMS Agro Industries Ltd.

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Tax Aid.
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Dhaka Distributions.

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Heron Electrical Industries Ltd.

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DocTime Ltd.
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CORE TEAM:

MD. JUSEF AHMMED, CA (PL), ITP. (MANAGING DIRECTOR & COO) possess staggering
professional profile with over 8 years of working experience. During this time, he has worked at almost
all tiers of a Chartered Accountancy Firm’s environment. He has handled taxation matters of companies,
individuals, association of persons, residents & non-residents, national & international taxation, along
with double taxation treaties. He also appears before Commissioner Inland Revenue, Chief
Commissioner Inland Revenue & Appellate Tribunal Inland Revenue. His clientele spans from various
sectors including energy oil & gas, telecommunication, Information technology, steel & re-rolling mills,
importers and exporters, residents & non-residents.
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FARIHA RUBAYATH KHAN, (CHAIRMAN) carries long professional experience in the field of
Finance and Accounting. His core area of expertise lies in Oil and Gas Sector. He has extensive
experience of Joint Venture Accounting, Reporting, and Internal & External Auditing. In addition to
this, he has exceptional track record in Business Advisory of Exploration and Production segments of
this sector. In broader terms, his work ambit included Corporate Governance for private ltd companies,
Organizational restructuring & Design, Developing Accounting Systems, Dispute Resolutions,
Verifications, Joint Venture Accounting, Reporting & Management Reporting Processes, Business
Process Improvements & Regulatory & Financial Advisory. He maintains excellent relationships with
the regulators and the Operating & Non- operating companies in the sector. He has also represented
Pakistan Oilfields Limited in Non-Operators Joint Audits of two different joint ventures.

MOHIUDDIN SALIM, CA (KL), SENIOR MANAGER Taxation and Corporate Advisory, CA

Finalist, is currently associated with PORTFOLIO as Senior Manager Taxation and Corporate
Advisory Services. He possesses almost decade long professional experience. He brought forward
expertise in the field
of accountancy in general, however he is a specialist of taxation matters. His professional
experience is quite diversified, from direct tax & indirect tax compliance, withholding taxes,
monthly statement and annual statements, direct tax and indirect tax advisory services, statutory
returns for income tax and sales tax, assessment proceedings at commissioner, commissioner
(appeals) and appellate tribunal inland revenue levels, tax accounting, payroll taxation,
correspondence with tax authorities, and lawyers, direct tax and indirect tax audits. Telecom,
Construction, FMCG, etc.

BELAL HOSSAIN, CA (PL), Manager Audit and Assurance, is CA Finalist has an experience of 09
years in Auditing, tax and consultancy. He has carried out audit assignments as job in ranging
from Non-profits including USAID Funded Projects. He completed his CA articles from
renowned firm. He is currently looking after audit assignments. He has undertaken various projects and
assignments of diversified clients from all sectors and individuals. He is also well versed with the
auditing techniques and methodologies.
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ABDUR RAZZAK, Manager Taxation and Corporate Services, CA Finalist has been
associated with us for the last couple of years. He has overall professional experience of more
than 5 years. His core expertise lies in the field of audit and taxation. He has undertaken various
projects and assignments of diversified clients from all sectors and individuals. He is also well
versed with the auditing techniques and methodologies.

M SAFAYATH ULLAH AKASH, is currently working is PORTFOLIO as Supervisor Taxation and

Corporate Services. He possesses 4 Years professional experience in the field of Audit, Tax and
Corporate segments of Finance. During this time, he rendered his services to clients ranging from large
scale public sector corporations to various private limited concerns.

CONTACT DETAILS:

33 Kawran Bazar, Sha-Ali Tower (Lift-14), Dhaka-1215.

Phone: +8801714213221
Email: jusef@portfolio.com.bd
info@portfolio.com.bd
Web: www.portfolio.com.bd