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:
- In the Dhaka & Chittagong Divisions: 100% in first two years: 50% in the year three and four: and 25% in the year five.
- 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
- 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
- Cash and added incentives to exporting industries
- Businesses exporting 80% or more of goods or services qualify for duty free import of machinery and spares, bonded warehousing
- 90% loans against letters of credit and funds for export promotion
- Export credit guarantee scheme
- 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
- 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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