Expertise
Foreign Direct Investment (FDI)
Company setup and BIDA registration, Bangladesh Bank approvals, joint ventures and technology transfer, and profit repatriation.
In short
Tuhin & Partners advises foreign investors entering Bangladesh: choosing and forming the right entity, registering the investment with the Bangladesh Investment Development Authority (BIDA), obtaining Bangladesh Bank approvals where the exchange control rules require them, structuring joint ventures and technology transfer agreements, and securing the work permits the incoming management will need. The firm acts for investors from the market-entry decision through to the first year of operation.
Key takeaways
- Foreign investment outside the economic zones is registered with BIDA; projects inside them are handled by BEZA or BEPZA instead.
- Bringing capital in, and taking dividends or proceeds out, runs through the exchange control regime the Bangladesh Bank administers.
- Remittance out of Bangladesh depends on the inbound investment having been properly documented at the time it was made.
- Tuhin & Partners handles entity formation, BIDA registration, central bank approvals, joint venture documentation and expatriate work permits as one piece of work.
Tuhin & Partners specialises in Foreign Direct Investment advisory, guiding international investors to establish, operate, and expand businesses in Bangladesh seamlessly.
Our services include
- Company setup and BIDA registration.
- Foreign loan and equity investment approvals from the Bangladesh Bank.
- Structuring joint ventures, technology transfer, and franchise arrangements.
- Repatriation of profits and compliance with exchange control regulations.
Common questions
Is BIDA registration mandatory for foreign investment in Bangladesh?
Registration with BIDA is required for industrial and commercial projects outside the special economic zones and export processing zones, and it is what unlocks work permits and several other approvals. Projects inside an economic zone register with BEZA, and those in an export processing zone with BEPZA.
Can profits and capital be repatriated from Bangladesh?
Yes. Dividends, and the proceeds of selling shares, may be remitted abroad under the exchange control rules the Bangladesh Bank administers, provided the original inward investment was properly reported and the tax position is clear. The paperwork created when the money comes in is what makes taking it out straightforward later.
Are there sectors closed to foreign investment in Bangladesh?
A limited number of sectors are reserved to the state or restricted, and a few others require sector-specific licensing before a foreign investor may operate. The list is short, but it should be checked at the outset because it can determine the structure rather than merely the paperwork.
What incentives are available to foreign investors in Bangladesh?
Bangladesh offers tax holidays, duty concessions on capital machinery and other incentives that vary by sector and location, with the most substantial available inside the economic zones. Eligibility is specific to the project, so it is worth confirming before committing to a site.
Speak with TNP
Discuss a matter in Foreign Direct Investment (FDI)
Tell us what you are planning and we will point you to the adviser who has done it before.
The first 15 minutes are free. We reply within one business day.