Six Most Important Things to Keep In Mind for Foreign Direct Investment in Bangladesh
Six Most Important Things to Keep In Mind for Foreign Direct Investment in Bangladesh Foreign direct investment (FDI) in Bangladesh does not require any prior approval from the central bank or other regulatory authority. However, there are some guiding rules from the central bank of Bangladesh for Foreign Direct Investors. Unfortunately, most often, complexity arises due to misunderstanding and misinterpretation of those rules. You can find these rules detailed in the 2(c), Section-I, Chapter 9 of Guidelines for Foreign Exchange Transactions (GFET-2018), Vol. - 1. Sometimes Foreign Investors want to use their money in the FDI account or NRTA (Non-Resident Taka Account) account. Authorized Dealer (AD) does not allow them to Debit the primary investment account. The new Company with Foreign Investment is already registered with the RJSC, but documents not submitted by Foreign Investors to the related AD within 14 days of registration/ share issue favoring non-resi...