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Read more informationThe market-based economy of Bangladesh is the 32nd largest in the world by purchasing power parity. The Bangladesh Development Update conducted on April 2016 notes that economy remained strong and resilient despite external and internal challenges. Policymakers and business leaders from Bangladesh reiterated that the country’s potential as a top investment destination after China and India is on the rise. To encourage the inflows of FDI the government of Bangladesh offers one of the most liberal investment policies and attractive packages of fiscal, financial and other incentives to foreign entrepreneurs in South Asia. Being one of the least developed countries, it enjoys Generalised System of Preference (GSP) facilities for favorable export to the U.S. The state also offers permanent residency and citizenship to foreigners and unconditional 100 percent foreign equity or ownership in industrial investments. Bangladesh has signed bilateral investment treaties with nations such as the USA, UK, Germany, Korea and France.
With two seaports entailing modern facilities and internal transport and communication systems, the country is witnessing increasing facilitation of export and import trades. An Act of Parliament provides legal protection to all foreign investments in Bangladesh. This act promulgated in 1980 in the backdrop of nationalization and expropriation. Non-commercial risks of an investment, also, get covered and protected by the Multilateral Investment Guarantee Agency (MIGA), encouraging investors in a widely recognized fashion, to contribute to the growth and development of this rapidly emerging economic hub.
To learn more about company formation in Bangladesh, please submit an inquiry. For residents of UAE, we welcome them to get in touch with one of our lawyers in Dubai or any offices across the UAE.
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