E-invoicing compliance and regulatory updates - Bangladesh

Electronic Invoicing in Bangladesh

Is e-invoicing mandatory in Bangladesh ?

E-invoicing is not mandatory in Bangladesh.

Who is affected?

Invoicing method is dependent on supplier/buyer agreement.

Compliance requirements

The buyer’s consent is required for sending e-invoices.

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Download our Global e-invoicing and Tax Compliance fact sheet here for more information.

Key Deadlines

• No upcoming deadlines

Standards & Platforms  

Platform

There are no standard platforms.

What formats are required in Bangladesh?

There are no required invoice formats.

Archiving in Bangladesh  

What are the archiving requirements in Bangladesh?

Invoices must be archived for five years from the date of the chargeable event or associated tax obligation. Integrity, authenticity, and readability must be maintained and all invoices are to be stored in the original format.

Legal invoice:

• For suppliers: The legal invoice is the invoice sent to the recipient, in the format as agreed with the recipient.
• For buyers: The legal invoice is the invoice received from the supplier, in the format as agreed with the supplier.

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Key Actions  

• Archiving: Archive invoices for at least five years.
• Engage with stakeholders: Invoice senders and receivers should collaborate with their trading partners to explore electronic invoicing. This can drive cost savings, automation, and process efficiency.

Bangladesh e-invoicing and archiving requirements at a glance:

Supplier requirement: Suppliers may send invoices in the format as agreed with the buyer.

Buyer requirement: Buyers must accept invoices in the agreed-upon format.

Archiving requirement: Invoices must be stored for five years.