How outward remittances are regulated in general in Bangladesh?
• Bangladesh Bank (BB) regulates outward remittance. The following outward remittances can be made with prior
View DetailsWhat is the procedure for outward remittances of dividend, profit, etc.?
Dividend: • Dividend income (both final and interim) can be remitted through an authorized dealer of the
View DetailsWhat debt: equity ratio is required for the approval of foreign borrowing proposal?
Borrowing companies have to keep debt: equity ratio at 70:30 except power generating companies. Power
View DetailsWhat is the procedure for the registered investors in taking foreign loans from its parent company?
Same as the procedure mentioned above for application of foreign borrowing in general
View DetailsDo the investors require BIDA registration for accessing foreign loan facilities?
Yes, companies must be registered with BIDA or competent authority to avail long term foreign
View DetailsWhat are the procedures to be performed to obtain the prior permission of BIDA to avail foreign loan?
What are the procedures to be performed to obtain the prior permission of BIDA to avail
View DetailsWhat services could not be provided to companies that are not registered with BIDA?
Following services are not provided to companies that are not registered with BIDA: - VISA recommendation, - Expatriate work
View DetailsHow can BIDA help its registered investors in accessing loans from financial institutions (domestic and overseas)?
BIDA is not in a position to assist to access domestic and/or overseas commercial or
View DetailsDoes BIDA provide any loans or grants or any type of finance to its registered investors? Is there any opportunity to obtain loans or funding through BIDA?
No. BIDA is not a financing institution or provide any type of loan/grant to the
View DetailsWhat are the privileges specific to export-oriented industries and how bonded warehousing facility worked and in Bangladesh? What specific privileges are offered to export-oriented industries? How bonded warehousing facilities are offered in Bangladesh?
• Inputs imported by export-oriented industries are exempted from duty via duty drawback facility or exempt
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