Tax Incentives and Investment Conditions slide image

Tax Incentives and Investment Conditions

3.12 High-tech Park Bangladesh Hi-Tech Park Authority (BHTPA) is the regulator for establishing Hi-Tech Park, Software Technology Park and IT Training & Incubation Centre throughout Bangladesh to incentivize local as well as foreign investors for the development of Hi-Tech/ Information Technology/Information Technology Enable Service industries. Similar to EPZS, BEPZA also provide one-stop services and established dedicated branches of banks, courier, post office, shipping agent, customs office, police station etc. for the investors 12 High Tech Parks declared across Bangladesh Fiscal benefits 12 years exemption of Income Tax for park developers. 10 years exemption of Income Tax for investors. Exemption of Duties on importing Capital Equipment and Construction Materials by the Investors and Goods/Materials to be used for the development of Hi-Tech Parks by the Park Developers; Exemption of Income Tax on Dividend, Share Transfer, Royalty, Technical Fees for investors; Exemptions of Income Tax for Foreign Employees; Exemption of Income Tax on declared Dividend by Park Developers; Exemption of VAT on goods produced by Investors; Exemption of stamp duty on the deed registration/ mortgage deed registration; Bonded Warehousing Station; 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. 40 40
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