BIDA

FAQ , Investment Incentives, Privileges and Facilities

What incentives are offered to the newly established investment project (industrial undertaking)?

Oct 07, 2021

What incentives are offered to the newly established investment project (industrial undertaking)?

New investment projects (industrial undertakings) established between 1 Jul. 2019 and 30 Jun. 2024 (and going into commercial operation within those dates) in the designated categories are entitled for CIT exemption in the following manner:

  • Phased exemption for 5 years to the industrial undertakings located in the divisions of Dhaka and Chattogram (excluding districts of Dhaka, Narayanganj, Gazipur, Chattogram, Rangamati, Bandarban and Khagrachari) with 90% of income for the first year, followed by 80% for the second year, 60% for the third year, 40% for the fourth year and 20% for the last fifth year;
  • Phased exemption for 10 years to the industrial undertakings located in the divisions of Rajshahi, Khulna, Syllet and Barishal (excluding areas under the city corporations) and in the districts of Rangamati, Khagrachari and Bandarban with 90% of income for the initial two years, followed by 80% for the third year, 70% for the fourth year, 60% for the fifth year, 50% for the sixth year, 40% for the seventh, 30% for the eighth year, 20% for the ninth year and 10% for the last tenth year.

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