Non-resident Bangladesh investors are enjoying facilities similar to foreign investors while investing in Bangladesh.Highlilghting Factors are presented below.
· Allowed to buy newly issued shares/debentures of Bangladeshi companies
· 10 percent reserved quota for non-resident Bangladeshis in primary shares (IPO)
· Foreign currency deposits in the Non-Resident Foreign Currency (NFCD) account
· Tax holiday 5-10 years depending on location of Industries.
· 15 years tax holiday for private power generation companies.
· Facilities for repatriation of invested capital, profit & dividend.
· Exemption of tax on interest on foreign loan.
· Tax exemption on royalties, technical know- how & technical assistance fees.
· Avoidance of double taxation on the basis of bilateral agreements.
Tuesday, June 17, 2008
Subscribe to:
Comments (Atom)
