Under the visionary leadership of Hon’ble Prime Minister Sheikh Hasina, Bangladesh is thriving towards development and progression noticeably. As the fastest growing economy of South Asia, Bangladesh has already graduated from Least Developed Countries and progressing towards becoming a developed nation. As a significant market player of the times ahead, Bangladesh poses great potentials and holds promising opportunities for investors around the world as an emerging key center, a production and a business hub. With the rapid increase of per capita income and purchasing power of people, Bangladesh has become an attractive market. Bangladesh has turned its population burden into great resources, now enjoying a huge demographic dividend with 70 million workforces and 55 million youth population. It is time to witness and be part of the tale of “The Rise of Bengal Tiger”.

• 7 %+ average annual growth in the last decade
• Per Capita National Income Reached US$ 2,227 which was US$ 860in 2011
• Foreign exchange reserve US$ 48 billion
• Remittance inflows grew by 87 %
• Non-resident Bangladeshis (NRB’s) contribute significantly to the ECONOMY and the development of the country.
• The industrial sector makes up 31 PERCENTof the country’s gross domestic product (GDP), most of which is coming from SMEs.
• Covid-19 Resilience: Of the 190 IMF member countries, only 23 were forecasted to post positive growth in the year and Bangladesh is one among them.
• According to the World Bank Bangladesh is the FASTEST GROWING ECONOMY of South Asia
• HSBC’slong-term growth model projection report showed that Bangladesh as the FASTEST GROWING ECONOMY till 2030.
• According to the Global Connectivity Index, Bangladesh is one of the Top Four Fastest Growing DIGITAL ECONOMIESof the world.
• As per the latest PricewaterhouseCoopers (PwC) report, Bangladesh will become the28th largest economy by the year 2030 and 23rd largest by the year 2050 with a GDP size larger than that of Malaysia and Thailand.

To facilitate and encourage investment, the Government of Bangladesh provides various fiscal and non-fiscal incentives, privileges and facilities comprising of exemptions/reduction of corporate income taxes, reduced import taxes on capital machineries and raw materials, reduced VAT, provision of export subsidies and various other banking facilities and privileges. These incentives are subject to revision upon annually enacted Finance Act and individual Statutory Regulatory Orders (SROs).

Companies located in EZs/EPZs are entitled for different sets of incentive package of tax exemption.

For more detail information, please visit https://bida.gov.bd/incentives

For more details visit https://bida.gov.bd/setting-bangladesh.