Invest In Bangladesh

Opening office in Bangladesh

For investing in Bangladesh there are certain processes and Bangladesh Investment Development Authority (BIDA) is the body who manages the processes along with approvals. At the very first, the investor has to apply to the Registrar of Joint Stock Companies and Firms (RJSC) for Name Clearance Certificate. After receiving the certificate, the next step is to pay stamp duty at a Designated Bank and again apply to RJSC for registration. Then the company makes seals and opens a bank account and then applies for a trade license to respective City Corporation or Municipal Corporations. After completing all those procedures, the investor has to approach the National Board of Revenue (NBR) for receiving TIN Certificate and registering with the Customs, Excise, and VAT Commissionerate. Finally, the investor is required to apply to the Bangladesh Investment Development Authority (BIDA) for registration..

Useful links:

Process for starting a business in Bangladesh: http://bida.gov.bd/?page_id=1384

Relevant forms and checklists for investing or starting a business in Bangladesh: http://bida.gov.bd/?page_id=12

Tax concessions and other fiscal incentives and facilities (Industrial Policy 2016): http://bida.gov.bd/?page_id=2552

Incentives for hi-tech park investors:

10 years tax exemption for IT/ITES Companies
12 years tax exemption for developers
100% ownership for foreign investors
100 % profit repatriation for investors
Hi-Tech Park will be treated as a bonded warehouse. No custom duty will be applicable for export.
Income Tax exemption for foreign experts
Duty free import of capital machineries and construction materials
10 years income tax exempted for Developer for declared profit/bonus of Share
50% income tax exempted for profit , capital gain from share transfer and royalties
Useful links:

One stop service for investing in hi-tech parks: https://ossbhtpa.gov.bd/

● One stop service for investing in hi-tech parks: https://ossbhtpa.gov.bd/
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