Bangladesh is one of the world’s fastest-growing economies
Welcome to ERA Exim & Trade International, your ultimate partner in investing and starting businesses in Bangladesh. We specialize in providing comprehensive investment services and support to both local and international investors who are looking to tap into the vast opportunities that Bangladesh has to offer.
At ERA Exim & Trade International, we believe in providing tailored solutions to our clients, ensuring that their investment needs and goals are met with precision and expertise. Our team of experienced professionals has a deep understanding of the local market, business environment, and regulations, and can guide investors through every step of the investment process, from market research and feasibility studies to business registration and operations.
Our services cover a range of investment sectors, including garments, pharmaceuticals, ICT, energy, and infrastructure. We understand that each sector has its own unique challenges and opportunities, and our team is equipped with the knowledge and experience to provide specialized services to each sector.
One of the key advantages of investing in Bangladesh is its large, young, and affordable workforce. With a population of over 160 million, Bangladesh has a huge pool of talented and hardworking individuals who can support businesses of all sizes. Additionally, the country's strategic location, improving business environment, and government incentives make it an attractive destination for foreign investors.
As your partner in Bangladesh, we provide a range of investment services, including market research, feasibility studies, business registration, legal guidance, project management, and post-investment support. We work closely with our clients to understand their specific investment needs and goals, and provide them with the guidance and support they need to succeed.
Investing in Bangladesh can be a lucrative opportunity for businesses looking to expand into new markets. With our expertise and experience, ERA Exim & Trade International is well-positioned to help investors navigate the complexities of investing in Bangladesh, and to help them achieve their investment goals. Contact us today to learn more about our investment services and how we can help you succeed in Bangladesh.
Why Invest In Bangladesh?
Readymade Garments
The readymade garments industry in Bangladesh is considered best due to its low labor costs, favorable trade policies, large workforce availability, and compliance with international standards.
Pharmaceuticals & API
The Pharmaceuticals & API industry is best in Bangladesh due to its cost-effective production, skilled workforce, government support, strong regulatory environment, and export potential.
Medical Equipments
Medical equipment industry in Bangladesh is in its early stages of development, with limited capabilities to produce high-tech equipment and facing challenges such as a lack of skilled labor and insufficient investment.
Agribusiness
Investing in agribusiness in Bangladesh offers opportunities to tap into a large and growing market, benefit from government support, and leverage the country's strategic location and high agricultural potential.
Jute & Jute Products
Investment in the jute and jute products industry can offer potential opportunities for growth and profit. Bangladesh is 2nd largest jute producer, top exporter of jute products and Producer of the finest quality of jute.
Leather & Footwear
The leather and footwear manufacturing industry in Bangladesh is a significant sector in the country's economy and has the potential to continue to grow and contribute to its economic development.
Light Engineering
The light engineering industry in Bangladesh produces a wide range of products and has been growing steadily, contributing to the country's economic growth and getting various support from the government.
Electronics & Electric Equipments
Electronics & electric equipment manufacturing industry in Bangladesh can be a profitable due to low labor costs, growing market, government support, and availability of raw materials.
Plastic
The plastic industry in Bangladesh has experienced significant growth in recent years, fuelled by increasing demand for plastic products from various sectors such as packaging, consumer goods, construction, and agriculture.
Automobile
The automobile industry in Bangladesh is still in its early stages of development. However, there has been a significant growth in the industry in recent years. The sector includes the production of cars, buses, trucks, motorcycles, and other vehicles.
Motorcycle & Parts
he motorcycle and parts manufacturing industry in Bangladesh presents a compelling investment opportunity, given the country's strategic location, low labor costs, growing domestic market, and government support.
Shipbuilding
With continued local and foreign investment, government incentives and support, the shipbuilding industry in Bangladesh offers significant potential for investors looking to capitalize on the country's low labor costs and strategic location.
Construction Materials
Construction materials industry in Bangladesh is an important sector for the country's economic growth and is expected to continue growing in the coming years as the country invests in infrastructure projects and urbanisation.
Ceramics
The ceramics industry in Bangladesh has a promising future, with ample opportunities for growth and expansion in the coming years. The government provides various incentives and subsidies to local manufacturers in the ceramics industry.
IT & IT-enabled Services
Bangladesh is an attractive destination for investment in the IT and IT-Enabled Services industry include its large pool of skilled professionals, favourable business climate, low operating costs, and government support for the sector.
Healthcare Services
The healthcare service industry in Bangladesh has driven by an increasing demand for quality healthcare service. The industry comprises of both public & private healthcare providers, including hospitals, clinics, diagnostic centers, and pharmacies.
Investment Incentives
General Incentive
To facilitate and encourage investment, the Government of Bangladesh provides various fiscal and non-fiscal incentives, privileges and facilities comprising of exemptions/reduction of corporate income taxes, reduced import taxes on capital machineries and raw materials, reduced VAT, provision of export subsidies and various other banking facilities and privileges. These incentives are subject to revision upon annually enacted Finance Act and individual Statutory Regulatory Orders (SROs).
Companies located in EZs/EPZs are entitled for different sets of incentive package of tax exemption.
Sectors eligible for income tax reduction
Under Income Tax Ordinance 1984, section 46BB, newly established firms between July 1, 2019 and June 30, 2024 belonging to the following sectors are eligible for reduced income taxes.
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Citizen Charter Commercial (Bangla)
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Active pharmaceuticals ingredient and radio pharmaceuticals
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Agriculture machineries
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Aircraft heavy maintenance services including parts manufacturing
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Artificial fiber/manmade fiber manufacturing
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Automatic bricks
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Automobile
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Automobile parts & components manufacturing
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Automation and robotic design manufacturing including parts & components thereof
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Barrier contraceptive and rubber latex
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Basic components of electronics (e.g. resistor, capacitor, transistor, integrated circuit, multilayer PCB etc.)
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Bi-cycle including parts thereof
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Bio-fertilizer
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Biotechnology based agro products
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Boiler including parts and equipment thereof
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Compressor including parts thereof
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Computer hardware
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Electrical Transformer
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Furniture
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Home appliances (blender, rice cooker, microwave oven, electric oven, washing machine, induction cooker, water filter etc.)
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Insecticides or pesticides
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Leather and leather goods
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LED TV
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Locally produced fruits and vegetables processing;
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Mobile phone
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Nanotechnology based product manufacturing
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Petro-chemicals
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Pharmaceuticals
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Plastic recycling
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Textile machinery
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Tissue grafting
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Toy manufacturing
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Tyre manufacturing
List of physical infrastructure facility eligible for Tax exemption under section 46CC of Income Tax Ordinance: (10 years)
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Deep sea port
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Elevated expressway
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Export processing zone
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Flyover
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Gas pipe line
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Hi-tech park
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Information and Communication Technology (ICT) village or software technology zone
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Information Technology (IT) park
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Large water treatment plant and supply through pipe line
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Liquefied Natural Gas (LNG) terminal and transmission line
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Mobile phone tower or tower sharing infrastructure
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Mono-rail
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Rapid transit
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Renewable energy (e.g. solar energy plant, windmill)
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Sea or river port
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Toll road or bridge
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Underground rail
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Waste treatment plant
Other facilities and privileges
Accelerated depreciation:
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The accelerated depreciation method for accounting income taxes can be availed for machinery and plants (if not enjoying reduced taxes).
Tariff refund or duty drawback facility
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Tariff (if paid) refund on import of raw materials for export and plants used by an entity that does not enjoy tax exemption.
Bonded warehousing facilities
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For export-oriented industries
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For large import for local selling in certain items
Other facilities relevant to foreign investors
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The Foreign Private Investment (Promotion & Protection) Act 1980 protects foreign investment from nationalization and expropriation;
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Equal treatment of both local and foreign investment;
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There are no restrictions on issuing of work permits for foreign nationals and employees related to projects;
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Provision of transfer of shares held by foreign shareholders to local investors;
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Royalty, franchise, technical know-how and technical assistance fees can be remitted;
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Repatriation of invested capital, profit and dividend: Full repatriation is allowed for capital invested from foreign sources. Similarly, profits and dividend accruing to foreign investment can be transferred in full. Facilities are provided for repatriation of invested capital, profits and dividends.
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100% FDI, Joint Ventures, Partnerships, PPPs, Non-equity mode (technology transfer, licensing franchising, contracting etc.), and Foreign Lending are allowed;
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100% FDI or Joint Venture FDIs are allowed to participate in the primary and secondary stock markets;
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Foreign Investors are allowed to have access to local banks for working capital requirements;
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Intellectual Property Right is protected by law.
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Bilateral and multilateral investment agreements ensure protection of investment.