Business Opportunities & Key legal changes on spotlight

- Bangladesh Economic Zones Authority (BEZA) has licensed significant number of public, private and Government to Government Special Economic Zones (SEZs) including sector specific SEZs like Hi-Tech parks (Science and Technology Sector). Investment in SEZs is highly rewarding because of availability of flirtatious incentives such as tax holiday; duty-free imports of raw materials and capital machineries; customs bonded warehouse facility; tax-cut from capital gains; export duty exemption; 100% tax exemption on Royalty/ Technical Fees and Value Added Tax exemption etc. which get topped up on other general positive factors like cheap labor cost, sustainable economic development, predictable GDP, openness to foreign investment and predictable investment climate. Hence, investment in any SEZ may be a plausible option for an investor looking for an investment opportunity.

- With an aim to promote, secure and provide protection to foreign investment in Bangladesh, the Government of Bangladesh in 1980 introduced Foreign Private Investment (Promotion and Protection) Act, 1980 which features the equitable and non-discriminatory treatment, indemnification and protection against expropriation and nationalization of foreign investments in Bangladesh. These features are of prime consideration for a foreign investor and it is abundantly clear by now that these protections have contributed significantly in attracting foreign investments in Bangladesh.