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Bangladeh
Small & Cottage Industries
Corporation |
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Home Page ll Objectives & Functions ll Investment Facilities ll Industrial Project ll Fiscal Incentives ll Shilpa Palli ll Contact Address |
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Bangladeh
Small & Cottage Industries
Corporation |
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Relaxation / Liberalisation of
Exchange control regulations
Non resident port-folio investment through stock exchange does not require approval of Bangladesh Bank.
- Remittance of post tax dividends.
- Profit on non-resident port folio investment.
- Sale proceeds including capital gains may also be remitted abroad.
| No prior approval is required from Bangladesh Bank, Investors may obtain relevant procedural detail from authorised dealer bank. |
Investment Guarantees
- Legal protection to foreign investment in Bangladesh against nationalization and expropriation is provided by Promotion & Protection Act 1980.
- It also guarantees repatriation of capital and dividend.
- Bangladesh is a signatory to MIGA, OPIC, WIPO and ICSID.
Avoidance of Double Taxation with following Countries is in effect
Belgium, Denmark, India, Malaysia, Canada, France, Italy, Pakistan, China, Germany, Japan, Poland, Singapore, South Korea, Sri-Lanka, Sweden, Netherlands, U.K.
Investment treaty for promotion and protection of Investment between Bangladesh and Following countries has been conducted/signed
Belgium, Italy, Poland, China, Japan, Canada, France, Malaysia, Romania, Germany, Pakistan, Switzerland, Iran, Philippines, Thailand, Netherlands, Turkey, U.K., USA, Uzbekistan.
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Bangladesh with its 120 million people offers an excellent opportunity to foreign investment. |
