Blog

Regulatory

July 23rd

2021

The foreign investors including companies planning to enter into Bangladesh or already operating in Bangladesh need to understand the legal and regulatory environment of Bangladesh. The Bangladesh Investment Development Authority (BIDA) is the key authority and regulator of private foreign investments in Bangladesh. We render comprehensive services to existing foreign investors and potential foreign investors in Bangladesh in the regulatory matters which are stated below.
  • Opinion to potential foreign investors on the regulatory environment of Bangladesh so as to enable them to take investment decision correctly
  • Assistance toforeign investors in identifying business partners in Bangladesh in respect of deals involving merger / acquisition / joint venture and provision of expert advice in connection therewith
  • Assistance to potential foreign investors (who are keen to undertake various industrial projects in Bangladesh) in identifying suitable investment projects in Bangladesh and meeting the Secretaries of theconcerned Ministers for acquiring knowledge in regard to the exact project requirements
  • Assistance to foreign investors for enabling them to participate in tenders relating to various industrial projects
  • Advice and support to foreign investors winning the tenders in the matter of compliance with the relevant provisions of various statutes of Bangladesh
  • Assistance to foreign investors in making representation before the Prime Minister’s Office for securing approvals in respect of complex regulatory issues
  • Assistance to foreign investorsin making representation beforethe Ministry of Law for securing approval in respect of complex regulatory issues
  • Assistance to foreign investorsin securing regulatory approval and licence from the BIDA, Bangladesh Bank, Ministries of Bangladesh, Registrar of Joint Stock Companies & Firms and other regulatory authorities
  • Assistance to foreign investorsin setting up project management office in Bangladesh from the perspective of tax and regulatory
  • Advisory services in the matter of compliance to be undertaken by foreign investors in the present regulatory environment of Bangladesh
  • Assistance to foreign investors in making representation before Bangladesh Bank for remittance to any foreign country for the payment of royalty, technical fees or any other fees to any foreign company outside Bangladesh
  • Assistance to outgoing foreign investors in winding up their business affairs in Bangladesh on completion of the work / project and in remitting the fund to their home countries without any impediments
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