Service provider
Cancellation of BIN Certificate
Close your business legally — Segunbagicha Consultancy helps you cancel your BIN or VAT registration smoothly and avoid future tax issues.
If your business has stopped operations, merged, or changed ownership, you must cancel your BIN (Business Identification Number) and VAT registration officially with the National Board of Revenue (NBR).
Failure to do so can lead to penalties, tax notices, or compliance complications.
At Segunbagicha Consultancy, we make the BIN/VAT cancellation process simple — preparing all documents, submitting applications to NBR, and ensuring your business is legally deactivated.
What Is BIN / VAT Cancellation?
Every VAT-registered business in Bangladesh receives a 13-digit BIN (Business Identification Number) from the NBR.
When a business stops trading or changes structure, that BIN must be officially deactivated to close your tax account.
This process is known as BIN or VAT Registration Cancellation — it removes your business from the NBR VAT system and ends monthly VAT return obligations.
When Should You Cancel Your BIN/VAT Registration?
You should cancel your BIN/VAT registration when:
✅ The business is permanently closed
✅ Trade License or factory license is expired or surrendered
✅ Ownership, partnership, or company structure has changed
✅ Business merged with another company
✅ No taxable supply or annual turnover below NBR threshold
✅ Business converted to another entity type (e.g., partnership → limited company)
💡 Cancelling on time prevents future tax liability and legal notices from NBR.
Step-by-Step Process for BIN/VAT Cancellation
1. Document Review
We collect and review your trade license, BIN certificate, and business closure documents.
2. Application Preparation
We prepare and fill out the BIN/VAT Cancellation Form (Form VAT 2.4) as required by NBR.
3. Submission to NBR Office
We submit the application with all supporting documents to the concerned VAT Circle Office or Commissionerate.
4. NBR Verification
The VAT officer verifies that all returns and dues are cleared.
5. Certificate of Cancellation
Once approved, NBR issues a BIN/VAT Deactivation Confirmation, officially closing your VAT account.
Required Documents for BIN/VAT Cancellation
1.Vat 2.4 (Application)
2.Vat Certificate
3.Update trade licence
4.Bank Statement
5.NID
6.6 months return copy
7.300/- stamp non judicial Ongikar name
8. Office rent deed
Processing Time
⏱️ Processing Time: 7–10 working days
Once approved, NBR will deactivate your BIN number and remove your company from the VAT database.
Why You Should Cancel Your BIN/VAT Properly
✅ Prevents unwanted VAT return notices or penalties
✅ Stops automatic tax obligations from NBR
✅ Keeps your record clean for future registration
✅ Ensures legal closure of your business entity
✅ Protects from misuse of your BIN number
Why Choose Segunbagicha Consultancy
✅ Experienced in NBR and VAT compliance procedures
✅ End-to-end documentation and application handling
✅ Fast, transparent, and hassle-free process
✅ No penalties for late cancellation (if VAT returns cleared)
✅ Trusted by hundreds of small and large businesses
Frequently Asked Questions (FAQs)
Q1. Who can apply for BIN/VAT cancellation?
The business owner, managing director, or authorized representative.
Q2. What if I stop submitting VAT returns without cancellation?
You’ll continue to receive NBR notices and may face fines or legal actions.
Q3. Can I reuse my BIN later?
No — each BIN is unique and permanently closed after cancellation.
Q4. Do I need to submit VAT returns before cancellation?
Yes — all pending VAT returns must be cleared before the BIN can be cancelled.
Q5. Can you help businesses with multiple BINs?
Yes — we manage cancellation for multiple branches or VAT accounts under one company.
Call to Action
Close your business legally and protect yourself from tax penalties.
Let Segunbagicha Consultancy handle your BIN/VAT cancellation — quick, compliant, and worry-free.
📞 Call: +880 1933-353507
📧 Email: info@segunbagicha.com
