Tax
The Law Counsel
Client SatisfactionThe first-rate practice at The Law Counsel has considerable experience advising on income tax-related proceedings before the High Court Division. The group is regularly instructed to advise on other matters, such as tax withholding under the new Income Tax Act. In addition, it has a wealth of experience in advising smartphone companies on the VAT and tax regime in Bangladesh. It regularly appears in hearings before the Customs, Excise and VAT tribunals, as well. The firm’s partners are highly sought after for their knowledge of the VAT and Supplementary Duty Act. Abdur Razzaq, Ehsan Siddiq and Imran Siddiq collectively head the department.
Testimonials
Collated independently by Legal 500 research team.
‘Very professional and with international standards. Very flexible and responsive to special local needs and emergencies of the customer. I recommend Mr. Mohammad Shahnewaz.'
- 'The legal counsel team, renowned for its diverse expertise, excels in delivering high-quality services across complex banking, financial litigation, and advisory matters.'
- 'Their technology-driven approach and collaborative spirit further enhance their effectiveness and client satisfaction.'
- 'The team possesses long experience in dealing with VAT and tax matters.'
Key clients
- Saudi Arabian Airlines Ltd.
- Cathay Pacific (Hong Kong)
- Cisco Systems Inc, USA
- Walmart Inc., USA
- Deloitte Customs Korea LLC
- IMO
- Bigo Technology (Pte) Limited
- Summit Alliance Port Limited
- Rosatom (Russia)
- POSCO Engineering and Construction Co. Ltd.
- Hyundai Engineering and Construction Com. Ltd.
- University of Asia Pacific
Work highlights
- Advised Cathay Pacific on the legality of a penalty which had been imposed by the customs authorities of Bangladesh.
- Advised Saudi Arabian Airlines with regard to payment of Advance Income Tax and deduction of VAT at source in respect of services provided by independent contractors.
- Advising Deloitte-Korea with regard to how ready-made garments exported from Bangladesh to Korea would have the requisite Regional Value Content (RVC) in order to benefit from the reduced customs duties available in Korea for LDCs.
Practice head
The lawyer(s) leading their teams.
Abdur Razzaq, Ehsan Siddiq, Imran Siddiq