AREA OF EXPERTISE
- Capital and dividend repatriation
- Double taxation treaties, incentive & exemption regimes for foreign investors
- Withholding tax rates applicable to profits, dividends, royalty, technical know-how fees, capital gains, etc. to be repatriated abroad
- Industrial policy
- Sector-wise permissible foreign:local shareholding ratio
- Inward and outward remittances
- Modes of payment for acquiring shares in local companies
- Board of Investment approval for foreign loans
- Tax efficient structuring of transactions & routing of foreign investment
- Post incorporation approvals/permits/licences/registrations etc., e.g. VAT, TIN, trade license, Import & Export Registration Certificate, Board of Investment, work permit, etc.
AREA OF EXPERTISE
- Company Formation
- Establishment and closure of Branch, Liaison & Representative Offices
- Registered Office Services
- Advice on Foreign Exchange Control, Regulatory & Tax Matters:
- Capital and dividend repatriation
- Double taxation treaties, incentive & exemption regimes for foreign investors
- Withholding tax rates applicable to profits, dividends, royalty, technical know-how fees, capital gains, etc. to be repatriated abroad
- Industrial policy
- Sector-wise permissible foreign : local shareholding ratio
- Inward and outward remittances
REPRESENTATIVE WORK
- Advised Ernst & Young on closure of its branch office in Bangladesh and formation of a fully owned subsidiary company.
- Advised Visa Worldwide, the global technology giant on the pros and cons of the business entities that Visa may adopt in Bangladesh .
- Advised Dr. Lal’s Pathlabs, chain of diagnostic centres throughout India, on all foreign exchange control and regulatory matters, and tax implications in connection with their proposed investment in Bangladesh.
- Advised Marie Stopes International, UK in setting up and expanding their operations in Bangladesh.
