15 JAN
What is BIN Certificate?
BIN (Business Identification Number) is a unique number issued by the Bangladesh National Bureau of Revenue (NBR) to businesses. It brings the business into legal and VAT compliance .
Its main features :
- Unique Business Identification Number
- Used for VAT Returns, Tax Filing and Banking Activities
- Essential for government tenders, large client contracts, and bank loans
Examples of usage according to type :
- Proprietorship: Small business, shop, service center
- Partnership: A firm of two or more people
- Private/ Limited Company: Large company or corporate firm