Wednesday, 23 October 2013

Residence, Tax holiday & depreciation allowance


An international business service company in Bangladesh
Email: info@sfconsultingbd.com
Mobile: +880 01790220729
Dhaka, Bangladesh

Residence
Permanent resident permits on investing US$ 75,000 and citizenship on investing US$
500,000
Tax holidays:
  1. In the Dhaka & Chittagong Divisions: 100% in first two years: 50% in the year three  and four: and 25% in the year five.
  2. In the Rajshahi, Khulna, Sylhet, Barisal Divisions and three Chittagong Hilly Districts:
100% for first three years, 50% for next three years, and 25% for year seven
Depreciation allowances

  1. Accelerated depreciation for new industries is available at the rate of 50%, 30% and 20% for the first, second and third years respectively, on the cost of plant and machinery
  2. Cash and added incentives to exporting industries
  3. Businesses exporting 80% or more of goods or services qualify for duty free import  of machinery and spares, bonded warehousing
  4. 90% loans against letters of credit and funds for export promotion
  5. Export credit guarantee scheme
  6. Domestic market sales of up to 20% is allowed to export oriented business located  outside an Export Processing Zone (EPZ) on payment of relevant duties
  7. Cash incentives and export subsidies are granted on the Free on Board (FOOB) value  of selected exports ranging from 5% to 20% on selected products. 
www.sfconsultingbd.com
Email: info@sfconsultingbd.com

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