Investment In Bangladesh
Economic Zones Bangladesh
Bangladesh government is offering an attractive package of incentives to foreign investors in its economic zones or special economic zones. Investors are welcome to take the advantage. Bangladesh Economic Zones Authority (BEZA) aims to establish economic zones or special economic zones in all potential areas in Bangladesh including backward and underdeveloped regions with a view to encouraging rapid economic development through increase and diversification of industry, employment, production and export.
BEZA’s mission is to persistently create value for the investors by establishing attractive investment facilities in the economic zones through One-Stop service and competitive incentive packages. BEZA is mandated to establish, license, operate, manage and control economic zones in Bangladesh. Bangladesh government hope these special economic zones (SEZs) attracting high levels of foreign investment from high performing Asian economies like China and Japan.
Incentives & Benefits for Economic Zone Investors and Users
TAX HOLIDAY : For all Economic Zones Income Tax Holiday (ITH) -
1st and 2nd year 100%, 3rd year 80%, 4th 70%, 5th 60%,6th 50%, 7th 40%, 8th 30%, 9th 20% and 10th year 10%.
CUSTOM DUTY: Duty free import of raw materials, construction materials, capital machineries, finished goods .
INCOME TAX - OTHERS : Exemption from dividend tax (After tax holiday over)
REPATRIATION: Full repatriation of capital and dividend .
FREE FLOW FDI: No ceiling of FDI .
BACKWARD LINKAGE : 100% backward linkage raw-materials and accessories to sell for export oriented industries( EOI) in Domestic Tariff Area( DTA) .
LOCAL SALE : 20% sale of finished product to DTA (From Export Processing Area –EPA).
SUB- CONTRACTING : Sub-contracting with DTA allowed.
STAMP DUTY: 50% exemption of stamp duty and registration fees for registration of leasehold land/ factory space .
VAT : 80% exemption of VAT on all utility services consumed inside the zone .
CUSTOM DUTY : Duty exemption on Export .
CD ON VEHICLE : Exemption of CD for import of 2 vehicles within 1st 5 years for foreign investors ( for one time) .
DOUBLE TAXATION : Exemption of double taxation subject to Double taxation agreement .
IT INDIVIDUAL : 50% Rebate of income tax on salary income of expatriates for 5 years
CUSTOM BOND: Consider EZ as custom bonded area.
FOREIGN EXCHANGE: FC loan availability (To ease business activity).
FOREIGN EXCHANGE: FC Account for Non-Resident .
FOREIGN EXCHANGE : FC Account for both local and joint venture industry .
JOINT VENTURE : Joint venture allowed
ROYALTIES : Royalty, technical fees will be exempted from income tax .
CAPITAL GAINS : Tax exemption on capital gain.
SHARE TRANSFER: Share transfer allowed.
WORK PERMITS: Work permits – No restrictions on issuance of work permits on project related foreign nationals and employees but limited up to 5% of total employees .
RE- INVESTMENT : Re-investment of remittable dividend to be treated as new foreign investment .
RESIDENT : Resident visa for investment of US$ 75000 or more .
CITIZENSHIP : Citizenship for investment of US$ 500000 or more
AbbreviationsEZ Economic Zone SEZ Special Economic Zone
List of Economic Zones in Bangladesh
Government-Owned Economic Zones
- Mongla Economic Zone Mongla, Bagerhat
- Mongla Economic Zone Mongla, Bagerhat
- Rampal Economic Zone Rampal, Bagerhat
- Sundarban Tourism Park Shoronkhola, Bagerhat
- Agailjhara Economic Zone Agailjhara, Barisal
- Bhola sadar Economic Zone Bhola Sadar, Bhola
- Bogra Economic Zone -1 Ushajahanpur, Bogra
- Ashugonj Economic Zone Ashugonj, Brahmanbaria
- Anawra -2 (CEIZ) Anawra, Chittagong
- Anwara Economic Zone Gahira, Anwara, Chittagong
- Mirsarai Economic Zone Mirsarai, Chittagong
- Patiya Economic Zone Patiya, Chittagong
- Comilla Economic Zone Meghna, Comilla
- Cox’s Bazar Special Economic Zone Moheshkhali, Cox’s Bazar
- Jaliardip Economic Zone Economic Zone Taknaf, Cox’s Bazar
- Moheshkhali -1 Economic Zone Moheshkhali, Cox’s Bazar
- Moheshkhali -2 Economic Zone Moheshkhali, Cox’s Bazar
- Moheshkhali -3 Economic Zone Dholghata, Cox’s Bazar
- Moheshkhali Special Economic Zone Ghotibagha, Cox’s Bazar
- Moheshkhali Special Economic Zone Cox's Bazar Ghotibagha and Sonadiya, Moheshkhali, Cox’s Bazar
- Moheshkhali Special Economic Zone Kalamarchora Moheshkhali, Cox’s Bazar
- Sabrang, Tourism SEconomic Zone Tacknaf, Cox’s Bazar
- Dhaka Economic Zone Dhohar, Dhaka
- Dhaka SEconomic Zone Karanigonj, Dhaka
- Feni Economic Zone Sonagazi, Feni
- Shreepur Economic Zone (Nayanpur), Shreepur, Gazipur
- Sreepur Economic Zone Sreepur, Gazipur
- Gopalganj Economic Zone Kotalipara, Gopalganj
- Gopalganj Economic Zone - 2 Gopalganj Sadar, Gopalganj
- Habigonj Economic Zone Chunurughat, Habigong
- Jamalpur Economic Zone -2 Jamalpur Sadar, Jamalpur
- Jamalpur Economic Zone Jamalpur sadar, Jamalpur
- Khulna Economic Zone -1 Boiyaghata, Khulna
- Khulna Economic Zone -2 Terkhada, Khulna
- Kustia Economic Zone Bheramara, Kustia
- Manikgnnj Economic Zone (BIWTA old Aricha Ferighat), Shibaloy, Manikganj
- Shrihatta Economic Zone Sherpur, Moulavibazar
- Munshiganj Gazaria Economic Zone Gazaria, Munshiganj
- Mymensingh Economic Zone Mymensingh, Mymensingh
- Mymensingh Economic Zone Mymensingh Sadar, Mymensingh
- Araihazar -2 Economic Zone Araihazar, Narayanganj
- Araihazar Economic Zone Araihazar, Narayanganj
- Narayanganj Economic Zone Bandar Sonarga, Narayanganj
- Narsingdi Economic Zone Narsingdi Sadar, Narsingdi
- Nator Economic Zone Lalpur, Nator
- Netrokona Economic Zone -1 Netrokona Sadar, Netrokona
- Nilphamarai Economic Zone Nilphamari Sadar, Nilphamari
- Panchghar Economic Zone Debiganj, Panchghar
- Rajshahi Economic Zone Paba, Rajshahi
- Rajshai Economic Zone Poba, Rajshai
- Shariatpur Economic Zone Jajira, Shariatpur
- Shariatpur Economic Zone Gosharhat, Shariatpur
- Sherpur Economic Zone Sherpur, Sherpur
- Narayanganj Economic Zone Sonargaon Sonargaon, Sonargaon
- Sylhet Special Economic Zone, Gowainghat Gowainghat, Sylhet
List of Private Economic Zones
- A K Khan PEconomic Zone Polash, Narshindi
- Megna Industrial Economic Zone PEconomic Zone Sonargaon, Narayangonj
- Megna Economic Zone PEconomic Zone Sonargaon, Narayangonj
- Aman Private Economic Zone Sonargaon, Narayangonj
- Abdul Monem PEconomic Zone, Gojaria, Munsigonj
- Bay Private Economic Zone Gazipur, Gazipur
- United City IT Park Ltd. Badda and Vatara, Dhaka
- Arisha Private Economic Zone Keranigonj, Savar, Dhaka
- East-West Special Economic Zone Keranigonj, Dahaka
- Bosundhora Special Economic Zone Keranigonj, Dahaka