List of incentives granted:
Bangladesh´s tax incentives and benefits are standardized. They apply to any and all companies according to their operation, so there is no need for negotiation on a per case basis. In addition, entities wishing to set up operations in areas outside the Greater Industrial Area can enjoy greater benefits. Discover the option according to your needs.
Incentives & Benefit for Developers:
TAX HOLIDAY
Income tax exemption on income derived from the business development of EZ in a block of 10 years in 15 years. After expiry of 10th year tax exemption will be 70% in 11th year and 30% in 12th year. But the tax exemption will not be applicable from 13th year.
VAT ON ELECTRICITY
-Exemption of VAT on electricity or taxes on sale, of self generated or purchased electric power for use of processing area of EZ (for 10 years).
VAT ON LOCAL PURCHASE
-All purchase excluding petroleum product from Domestic Tariff Area (DTA) shall be exempted from VAT, sales tax etc.
CUSTOM DUTY,STAMP DUTY, INCOME TAX- OTHERS
- Exemption from custom/excise duties for development of EZs.
