Rahman Mostafa Alam & Co.

Name

Rahman Mostafa Alam & Co.

Legal name

Rahman Mostafa Alam & Co.

Website

https://rmabd.com

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Badda

HQ country

Bangladesh

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Audit & Assurance Services: Comprehensive audit and assurance services including statutory audits, internal audits, compliance audits, operational audits, forensic audits, and special purpose audits delivered to a diverse client base spanning banking, insurance, government, and corporate sectors.
2. Taxation Services: Tax planning, advisory, and compliance services including income tax and VAT registration, filing, transfer pricing compliance, representation before tax authorities, and international taxation consulting.
3. Consulting Services: Management consulting including accounting services, asset management, payroll services, business process development, financial due diligence, and valuation services.
4. Business Support Services (BPO): Business process outsourcing services including RJSC registration, BIDA permissions, company secretarial services, trademark and copyright assistance, and standard operating procedure development.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Rahman Mostafa Alam & Co. (RMA) is a Chartered Accountancy firm providing audit and assurance, taxation, management consulting, business advisory, and business process outsourcing services across Bangladesh. Service lines include statutory and forensic audits, tax planning and compliance, financial due diligence, valuation, RJSC/BIDA filings, company secretarial support, and SOP development. Clients include government organizations, public limited companies, banks, insurance companies, NGOs, and multinational corporations.

Product overview

Rahman Mostafa Alam & Co. is a premier Chartered Accountancy firm in Bangladesh offering a comprehensive suite of professional services. The firm's portfolio consists of four interconnected core service lines: Audit & Assurance Services (delivered in line with International Standards on Auditing), Taxation Services (covering income tax, VAT, and customs compliance), Consulting Services (including accounting advisory, payroll management, and business process development), and Business Support Services (including RJSC filings, BIDA permissions, and SOP development). Additionally, the firm provides Advisory & BPO Services covering FDI advisory, company formation, and business process outsourcing. These services collectively address the end-to-end financial, tax, and regulatory compliance needs of domestic and multinational clients across various sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Audit & Assurance Services Comprehensive audit and assurance services including statutory audits, internal audits, compliance audits, operational audits, forensic audits, and special purpose audits conducted in line with International Standards on Auditing (ISA). Targeted at government organizations, banks, insurance companies, public limited companies, NGOs, and multinational corporates across Bangladesh.
• Taxation Services Full range of tax services including income tax and VAT registration, filing, tax planning, advisory, compliance checks, representation before tax authorities, transfer pricing, and international taxation consulting. Targeted at corporate, banking, NGO, and individual high-net-worth clients requiring regulatory tax compliance in Bangladesh.
• Consulting Services Business consulting covering accounting services, asset management, payroll services, business process development, cost certification, price verification, financial due diligence, and taxation due diligence. Targeted at corporates, conglomerates, and financial institutions requiring strategic financial advisory.
• Business Support Services Business process outsourcing and company secretarial support including RJSC (Registrar of Joint Stock Companies) filings, BIDA permissions, trade license management, company secretarial services, and standard operating procedure development. Targeted at corporates, foreign investors, and start-ups needing Bangladesh business setup and ongoing compliance.
• Advisory & BPO Services Advisory and BPO services covering foreign direct investment advisory, foreign company setup, transaction advisory, restructuring and merger services, system design, ICT services, company formation, IPO advisory, and business valuation services. Targeted at multinational corporates, FDI companies, and Bangladesh corporates seeking cross-border advisory and merger/restructuring support.

Quantifiable outcome

• Represented in over 60 countries through INPACT affiliation
• +3 more outcomes

Named customers44 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core and major.

• INPACT InternationalcoreStrategic or Co-development Partner · 1 January 2002RMA has foreign affiliation with INPACT Asia Pacific under certificate no. 005 since 2002. INPACT is an international alliance of independent accounting firms providing accountancy, audit, tax, business restructuring and insolvency, corporate finance and consulting services. With over 100 member firms across 60+ countries, the alliance helps members meet challenges of an international marketplace. INPACT was awarded Rising Star Association of the Year by International Accounting Forum & Awards 2023.
• Chartered Accountants Australia and New Zealand (CA ANZ)coreStrategic or Co-development PartnerRMA has been recognized as Authorized Training Employer and received Approved Training Employer (ATE) status by CA ANZ for training articled students in chartered accountancy.
• Bangladesh Securities and Exchange Commission (BSEC)coreOthersListed with BSEC for book building gradation, revaluation of assets and liabilities, and auditing financial statements of listed securities and companies.
• Financial Reporting Council (FRC)coreOthersListed with FRC Bangladesh as approved auditor for public interest entities under the Financial Reporting Act, 2015.
• Asian Development Bank (ADB)majorImplementation/ SI/ Consulting PartnerRMA is an approved auditor for ADB-funded projects in Bangladesh.
• NGO Affairs BureaumajorOthersEnlisted with NGO Affairs Bureau for auditing NGO projects in Bangladesh.
• Palli Karma Sahayok Foundation (PKSF)majorStrategic or Co-development PartnerApproved auditor for PKSF-funded microfinance and poverty alleviation projects.

Scale indicators7 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Rahman Rahman Huq: Bangladesh member firm of KPMG, offering audit, tax and advisory services to major corporates, financial institutions and government entities. Comparable as a leading full-service Bangladesh CA firm with international affiliation.
• ACNABIN (A. Qasem & Co.): Established Bangladeshi CA firm with BDO international affiliation, offering audit, tax and advisory services. Comparable as a peer-tier Bangladesh chartered accountancy firm serving regulated and corporate clients.
• Khan Wahab Shafique Rahman & Co: Bangladesh member firm of Grant Thornton, providing audit, tax and advisory services to corporate and public-sector clients. Comparable as a mid-to-large Bangladesh CA firm with international affiliation serving regulated entities.
• Howladar Yunus & Co: Bangladesh member firm of PwC, providing audit, tax, advisory and regulatory services. Closely comparable as a top-tier Bangladesh CA firm with international network affiliation serving regulated entities and large corporates.
• Hoda Vasi Chowdhury & Co: One of the largest Chartered Accountancy firms in Bangladesh providing audit, tax, advisory and consulting services across all major sectors. Directly comparable as a long-established, full-service local CA firm serving banks, corporates, NGOs, and government entities in Bangladesh.
• SRBD & Co (Shamsur Rahman & Co): Bangladesh member firm of Ernst & Young (EY), providing audit, tax and advisory services. Comparable as a leading full-service Bangladesh CA firm with Big-4 international affiliation.
• MABS & J Partners: Bangladesh member firm of JHI (now Forvis Mazars), providing audit, tax, and advisory services. Comparable as a mid-to-large Bangladesh CA firm with international network reach.
• S. F. Ahmed & Co: Long-established Chartered Accountancy firm in Bangladesh offering audit, tax, corporate finance and advisory services. Comparable as a similarly-tenured Bangladesh CA firm serving public and private sector clients.
• Mahmood Faruque & Co: Bangladesh member firm of Deloitte, providing audit, tax, consulting and risk advisory services. Comparable as a top-tier Bangladesh CA firm serving large listed companies, banks, and multinationals.

Regional players

• Pinaki & Co: Mid-sized Chartered Accountancy firm in Bangladesh offering audit, tax and advisory services. Comparable as a peer Bangladesh CA firm of similar size, though slightly less established and primarily domestic.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Rahman Mostafa Alam & Co.