Chinese Investment in
Bangladesh, Chinese Investment opportunity in Bangladesh,
China Bangladesh
Trade relation, Chinese want to invest in Bangladesh, China Bangladesh Trade opportunity, Chinese
Business in Bangladesh,
Chinese people doing business in Bangladesh,
Foreign Investment policy in Bangladesh
http://www.sfconsultingbd.com/
S & F CONSULTING
FIRM LIMITED, Foreign
Company Consultancy
Firm
Company
Registration in
Bangladesh, Company Formation in Bangladesh, Company
Incorporation in Bangladesh, Foreign Company Registration in Bangladesh, Foreign
Company Formation in Bangladesh, Foreign Company Incorporation in Bangladesh, Company Registration
Process in Bangladesh,
Doing business in Bangladesh,
Foreign Direct Investment in Bangladesh,
India Bangladesh Trade relation, US Bangladesh Trade
Relation, EU Bangladesh Trade Relation, Foreign Investment
Guide Line in Bangladesh, Foreign
Branch/ Liason office open in Bangladesh
1. Why
USD 50,
000 is required in terms of Foreign Investment in Bangladesh ?
As rules of government , Foreign Investors have to deposit minimum USD 50,000 in terms of inward remittance, business
Visa, foreign employment Visa, official expenses & other.
2. Do the Foreign
Branch office is Tax exampted or do not ?
Yes, Foreign Branch/
Representative/ Liason office is out of Tax Payer in Bangladesh but they need to submit
Tax return ONLY, yearly.
3.
What is Encashment certificate?
Is is necessary to incorporate the foreign company (
100 own/ JV) ?
Yes. Encashment certificate is required to incorporate the foreign company in Bangladesh. Encashment certificate is issued by bank against
PAID UP/ INVESTMENT amount of the company.
4. What is the ratio of man power of Foreign Company (100% own, JV, Branch office) ?
1 : 5 , mean One Foreign Employee is equal of Five local employees.
5. Is
BOI permission required to start foreign business in Bangladesh?
No. it is not required always. BOI permission is required for PI & E Visa, remittance & others. But in case of
Joint Venture (JV) company foreign investors can start business by incorporation certificate & Trade
License.
6. Can expatriate transfer the profit to the mother / own country from Bangladesh ?
Yes, they can do so by the approval of
Bangladesh Bank.
7. How longer takes time to complete all procedure of company formation?
Except branch/ rep/ liason office it takes almost
30 days to complete all procedure. Because all foreign applications are placed before the meeting of
Board of Investment which usually held once in a month. All applications for permission of foreign branch office are placed before the meeting of BOI with all required documents for approval.
8. How longer will be allowed to pay the amount of USD 50,000 after permission of Branch
Office?
Almost 2 (two) months. If failed to bring the said amount in the period the applicants have to carry extra charge 5 % each month.
9. Can branch office transfer the profit in mother country?
No. branch/ rep/ liason offices are not allowed to transfer any profit & branch offices are not allowed to do business in Bangladesh.
www.sfconsultingbd.com
Email: contact@sfconsultingbd.com
- published: 30 May 2014
- views: 155