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Author Topic:   Presenting Bangladesh for Investing in leather/footwear, goods/garments.
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Posts: 8
From:Dhaka, Bangladesh
Registered: Mar 2009

posted 16-04-2009 17:56     Click Here to See the Profile for taurusgroup   Click Here to Email taurusgroup     Edit/Delete Message
Presenting Bangladesh Environment, Opportunities and Incentives in brief:-

> 100% foreign equity and full repatriation of capital is allowed.
> Full working capital loans from local banks.
> Protection for foreign investors ensures by the government act 1980 against expropriation.
> Tax holiday up to 5 to 7 years depending on locations.
> Duty free import and back to back L/c facilities and loans up to 90% of sale agreement.
> Double taxation avoidance with the countries to whom having bilateral agreements.
> GSP facilities as listed developping country.
> 17.5% Cash incentives for leather/ footwear, crafts, goods and garments.
> Working capital is available @ 7.5% interest.
> Cost comparison on 21 Asian cities by JETRO and WTO.

Web addresses:-

World bank :-[/URL]
BOI :-
Central bank :-

We shall appreciate your kind steps on us for any sort of cooperation and consultation.

Best regards

Farouqe Siddiky (Managing Director)
>Taurus Hides & Skins (Bd) Ltd.
>Taurus Footwear & Craft Ind. Ltd.
>Taurus fashion Ltd.

Corporate headquarter:
Taurus mansion, 27/ka, Zigatala tannery block
Dhaka 1209 Bangladesh. Mobile # 8801711546676
Tel: 8802 8610476, Fax: 8802 8616309

[This message has been edited by taurusgroup (edited 23-04-2009).]

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