FAQ , Investment Registration

Why should investors register their businesses with BIDA? Are BIDA-registered investors eligible for the facilities that are provided by BIDA?

Oct 07, 2021

BIDA Act, 2016 requires all investors for industrial undertakings (those located outside the jurisdiction of BEZA, BEPZA, BHTPA, BSCIC) to register their investments with BIDA. BIDA registration is not necessarily required for commercial and trading activities, buying houses and service-oriented institutions.

Registration is necessary for the concerned investors to be eligible: i) for incentives of income tax exemption, import duty and other tax exemptions ii) for privileges and facilities declared by the government iii) to apply for investment-related licensing and permits such as expatriate work permit, foreign borrowings, import permit/ registration certificate for industrial use, and iv) to access to any other facilitation services provided by BIDA.

The branch, liaison and representative offices of a foreign company must obtain registration from BIDA.