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Tax
Vertex Chambers, which was formed in 2011 and continues to increase its market presence in Bangladesh, is run by managing partner Junayed Ahmed Chowdhury. Associate Maliha Ahmed advises clients in a range of countries, such as Australia, Switzerland, and the United States of America. Asif Bin Anwar, who previously merged his solo practice with Vertex Chambers, is a key name to note in the team for appearing in courts, and Ahmed is an advocate of the district and sessions judge court in Dhaka. Sector strengths for Chowdhury, and the wider group, includes the aviation, construction, energy, environment, and corporate sectors.
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Key clients
- Al Barak Dates Factory LLC
- Unilever Bangladesh Limited
- Bay Developments Limited
- World Bank Group
- International Finance Corporation
- Compassion International
- SAJIDA Foundation
- British American Tobacco Bangladesh
- Marico Bangladesh Limited
- Teach For Bangladesh
- The City Bank Limited
- Asiatic 3sixty
- GE Medical Systems Bangladesh Limited
- Louis Dreyfus Company
- PricewaterhouseCoopers India
- Refinitiv Limited
- Standard Chartered Bank Bangladesh
- Accord Shipping Limited
- PRAN Foods Limited
- Southeast Bank Capital Services Limited
- Grameenphone
- Fondation Hirondelle
- Institute of Architects Bangladesh
- Jumo Bangladesh Ltd
- Migrant Offshore Aid Station
- Norwegian Refugee Council
- Mutual Trust Bank Limited
- RDRS
- Deltex Ltd.
- KRD Ventures Ltd
- Southtech Limited
- Excelerate Energy Bangladesh Limited
- Teach For Bangladesh
- Young Life
- Giasuddin Selim
- BRAC University
- Shirin Spinning Mills Ltd.
- Pinsent Masons LLP
- Daraz Bangladesh Ltd.
- Japan International Co-operation Agency
- MSI Reproductive Choices
- M/S Poton Traders
- Cross World Power Limited
- Doreen Power Generations and Systems Limited
- Shopfront Limited
Work highlights
- Advised a client on structuring a transaction which included the Islamic finance product, Sukuk al Musharaka (partnership sukuk) to capitalise on relevant tax benefits currently awarded by the Government of Bangladesh to Islamic finance products.
- Advised a client on the process of ADR and the interpretation of composite or works contract in light of the former and current value added tax laws of Bangladesh.
- Representing a client in the taxation law relating to worker’s profit participation fund in light of the Income Tax Ordinance 1984 and Bangladesh Labour Act 2006.