Bangladesh investment

Bangladesh investment

Bangladesh Investment

3rd Bangladesh investment summit, Asia arrange summit each year where many local companies and foreign investors attend and share environment of FDI. Government of Bangladesh welcome foreign investors to invest different sectors, IT, power, garments, technology, software and many more.

Barrier of investment in Bangladesh

Each government shows cordial coordination but in practical there are barrier in government offices, banks & lack of proper knowledge of consultants to guide in right way as FDI policy. Most of banks are not aware of foreign investment policy and can not guide foreign investors what are requirement to open bank account as foreigners, whether private investor visa is required or do NOT, can a foreign investor start business without investor visa (PI) or does NOT, why need permission from BOI (Board of Investment) and should take permission etc.

For example: To obtain membership from Chamber of Commerce , export and import license are required papers and to obtain export and import license membership from Chamber of Commerce is required. Which comes first is unknown!! This is one example such many problems are alive obtaining permission to start business as foreign investors in Bangladesh.

To expatriate profit of business in parent country is another major problem. Its a complex situation, Bangladesh bank is authority to permit transfer through bank after deduction of taxes (37.5% +10%). Its easier to remit in Bangladesh but difficult to transfer money from Bangladesh in legal way.

Why still foreign investors are coming in Bangladesh

Between many barriers foreign investors are coming in Bangladesh to invest different sectors. Why ? Generate revenue is main goal of business which attract investors. Example, fixed cost, mean manpower cost is lower, raw materials are available, lands are available to set up factory.

100% foreign equity is allowed in Bangladesh

Yes. Foreign entrepreneurs can hold 100% share. Local investors are NOT required to start business as FDI policy. 

Miscellaneous 

New company registration in Bangladesh according to law and policy is main concern of foreign investors. If foundation is NOT done in right way have cause of sufferer for long time. 
How to obtain investors visa and work permit in Bangladesh 

Major investment countries in Bangladesh are India, Japan, Korea, China, Germany, US, Denmark

Contact us how to open temporary bank account before start investment in Bangladesh?