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Date: 24th April 2025
The Director,
Foreign Exchange Investment Department,
Bangladesh Bank
Motijeel C/A, Dhaka-1000.
Through: Eastern Bank Ltd., Gulshan Branch, 100 Gulshan Avenue, Dhaka-1212.
Subject: Explanation of non-submission of Tax Clearance Certificate for Assessment Year 2024-2025.
Dear Sir,
This is Shumpei Nakasone, President & CEO of Sun Co., Ltd. (Branch Office) would like to inform you that, it is a Japanese company having a Branch office in Bangladesh. We are continuing the Branch office activities by obtaining the 1st time BIDA permission extension on 30th December 2024 for two (2) years which is effective from 12th November 2024, Ref No: OPE-07Dec2024-00002.
It is mentionable that, we have submitted the Tax return for Assessment Year 2024-2025. This assessment is under process in the tax office. As a Japanese company, we are maintaining 100% compliance of Tax and VAT.
We have completed the Income Tax Return for the Assessment year 2023-2024 with in the govt. stipulated time and submitted the Acknowledgement of return for the assessment year 2024-2025.
In this circumstance, it is requested to accept the Tax Clearance Certificate of AY 2023-2024 and Acknowledgement of return for the assessment year 2024-2025.
Sincerely Yours,
√
____________________
Shumpei Nakasone
President & CEO
Sun Co., Ltd.
(Bangladesh Branch Office)