Incentive facilities of Sabrang Tourism Park Unit Investors
Serial
Incentives
Explanation
1
Income Tax exemption of for 10 years (except
edible oil, sugar, flour, cement, iron and iron related
products)
Extent -100%
(for 1st, 2nd , 3rd year)
4th year – 80%
5th year – 70%
6th year – 60%
7th year – 50%
8th year – 40%
9th year – 30%
10th year – 20%
2
Income tax exemption on dividend for 10 years
100% Exemption
3
Income tax exemption on capital gains from transfer
of shares for 10 years
100% Exemption
4
Income tax exemption on royalties, technical
know-how and technical assistance fees etc for
10 years
100% Exemption
5
Exemption from Income Tax on the income of
expatriate for 3 years
50% Exemption
6
Exemption from double taxation subject to the
existence of double taxation agreement
subject to the double taxation
agreement
7
Duty free import of capital machinery and
construction material (except for MS Rod/Bar,
Cement, Pre-fabricated Building, Iron/Steel Sheet)
100% Exemption
8
Warehousing Station
Entire EZ has been declared as
warehousing station.
9
Home Consumption & Other Bond Facilities,
Warehouse Operator
100% ExemptionAll the unit investors in EZs are
entitled to this facility
10
Dedicated Customs Procedure(Economic Zone)
All the industries in EZs are eligible
11
20% sale of finished product to Domestic Tariff Area
(DTA)
20% of the export volume of last fiscal
year
12
Sub-contracting with DTA allowed
100% Allowed
13
Exemption of Customs Duty, Regulatory Duty, VAT,
Supplementary Duty for import of vehicles (up to
2000 cc, one sedan car and one microbus/pick up
van/ double cabin pick up)
100% Exemption
14
Duty exemption on export
100% Exemption
15
Exemption from VAT on Utility services related to
production of goods
100% Exemption
16
Land development tax exemption
100% Exemption
17
Exemption of stamp duty on lease registration
50% Exemption
18
Exemption from tax sub tax, rate, toll, fees etc
imposed under section 65 of Local Government
(Union Parishad) Act, 2009
100% Exemption
19
Exemption from tax on transferring immovable
property imposed under section 44 of Upazilla
Parishad Act, 1998
100% Exemption
20
EZ investors are waived from Board of Investment
Act, 1989
Completely
21
Regulatory framework of foreign exchange
transactions of enterprises operating in EZs.
Completely
22
Foreign investment in Bangladesh including EZs
No restrictions except few sectors
23
Ceiling of FDI
No ceiling of foreign contents
24
Repatriation of dividend earned against the
investment
100%
25
Repatriation of sales proceeds of investment
100%
24
Loan from external sources
100%
27
Repatriation of Royalty, Technical Know-how & Technical Assistance Fees
*For new project, not exceeding
6% of the cost of the imported
machinery
·*For ongoing concerns, not
exceeding 6% of the previous year’s
sales as declared in the income tax
return
28
Telephonic Transfer (TT)
No limit
29
FC Accounts for EZ enterprises
Extent – Full
30
FC Accounts for foreign nationals working in EZ
enterprises
Extent – Full
31
Remitting income of foreign nationals working in EZs
75 % of current income
32
Industries operating in Domestic Processing Area
(DPA) of EZs can meet their foreign payment
obligation on account of Royalty, Technical Knowhow& Technical Assistance Fees from their Taka
Account
33
3 Market exploration assistance for Type C industries
operating in EZs against export of
– Sandals and bags made of synthetic &
fabrics
– Agro processing goods
4% Cash Incentive on the condition of
a minimum value addition of 30%
34
Backward Linkages of raw materials to sell for
export-oriented industries
100%
35
Formation of Joint Venture Industries
36
Special cash incentives against export of textile
goods including readymade garments
37
Issuance of work permit to foreigners is allowed
Up to 5% of total officers/employees
of an industrial unit