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Bangladesh: The most preferable investment destination in the world

Accelerated Depreciation on cost of machinery for new industries in lieu of tax holiday Bonded warehousing facility for export-oriented industries Domestic market sales up to 20% allowed to export-oriented companies outside EPZ Cash incentives and export subsidies granted on the FOB values ranging from 5% to 20% on selected products Tariff concessions on import of raw materials of the export-oriented industries Duty free market access to EU & most developed countries 100% foreign equity is allowed Full repatriation of dividends and capital is allowed Tax exemption of remittance of royalty, technical know-how and Accordingly, in such circumstances, Bangladesh has created within itself an unparalleled investment climate in recent years compared to other South Asian economies. A good investment climate is of fundamental importance for the private sector to be able to contribute to the global sustainable development agenda in the support of the following facilities prevailing fo

Dhaka seeks trade, investment cooperation agreements among D-8 members: Momen | Bangladesh Sangbad Sangstha (BSS)

today said Dhaka proposed to sign a ‘trade and investment cooperation agreement’ among the D-8 member countries emphasizing the trade as the most important area of cooperation within the preview of D-8 platform. “Our Honorable Prime Minister Sheikh Hasina suggested the D-8 secretariat to review the possibility of signing a Trade and Investment Cooperation Agreements among the D-8 member states,” he told a virtual media briefing after ending of the D-8 Summit this evening. Minister Sheikh Hasina led the Bangladesh delegation at the summit under the theme – “Partnership for a Transformative World: Harnessing the Power of Youth and Technology”. The D-8 Organization for Economic Cooperation, also known as

Migration to Italy: Don t fall in trap, use legal ways

As Italy has enlisted Bangladesh as one of the 30 countries eligible to send seasonal and non-seasonal workers after an eight-year long suspension, Italian authorities have urged aspirants to use legal pathways. If you follow legal pathways, you can make a fortune. Or else, you [will] fall prey to the traps of middlemen and frauds, said Enrico Nunziata, Italian Ambassador to Bangladesh, in an exclusive interview with The Daily Star recently. Once Bangladeshis will get a regular long-term stay permit and work regularly, they can take their families and eventually get Italian citizenship after 10 years of regular uninterrupted residence. Now that there is a new opportunity, don t waste it. Choose the legal pathway, he stressed.

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