Tax Incentives and Investment Conditions slide image

Tax Incentives and Investment Conditions

4.1 Foreign exchange regulations (1/2) Bangladesh Bank is the central bank and regulator of the financial market Foreigners can invest in Bangladesh through equity contribution or loans. Equity funding by the foreign investors is always encouraged in Bangladesh for the following reasons: The Government shall accord fair and equitable treatment to foreign private investment which shall enjoy full protection and security in Bangladesh. · Government ensures foreign private investment shall not be expropriated, nationalised or be subject to any similar effect except for a public purpose against adequate compensation which shall be paid expeditiously and be freely transferable. Full repatriation of capital is ensured. Injection of equity does not require prior approval but certain formalities need to be maintained. Any foreign loan is subject to prior approval of BIDA and Bangladesh Bank. বাংলাদেশ ব্যাংক Bangladesh Bank KPMG © 2023 Rahman Rahman Huq and KPMG Advisory Services Limited are entities registered in Bangladesh, and member firms of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved. Printed in Bangladesh. 42 42
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