Incentive facilities of Sabrang Tourism Park For Developers
Serial
Incentives
Explanation
1
Income Tax exemption of varying degree for 12
years including 100% exemption for 1st 10 Years
1st 10 years – 100%
11th year – 70%
12th year – 30%
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
Duty free import of goods to be used for the
development of Zones (except for MS Rod/Bar,
Cement, Pre-fabricated Building, Iron/Steel Sheet)
100% Exemption
6
6 Land development tax exemption
100% Exemption
7
Exemption from tax sub tax, rate, toll, fees etc
imposed under section 65 of Local Government
(Union Parishad) Act, 2009
100% Exemption
8
Exemption from tax on transferring immovable
property imposed under section 44 of Upazilla
Parishad Act, 1998
100% Exemption
9
Exemption of Stamp Duty on registration of loan
document with Scheduled Bank
100% Exemption
10
Stamp duty is exempted at the time of
transferring land in favor of the Consortium, Joint
Venture (Private EZ developers) formed for the
purpose of setting up the zone.
100% Exemption
11
Income Tax deducted at source ( under section
53H of the Income Tax Ordinance 1984) is
exempted at the time of transferring land in favor
of the Consortium, Joint Venture (Private EZ
developers) formed for the purpose of setting up
the zone.
100% Exemption
12
Registration fees (Registration Act 1908) is
exempted at the time of transferring land in favor
of the Consortium, Joint Venture (Private EZ
developers) formed for the purpose of setting up
the zone.
100% Exemption
13
Exemption of stamp duty on the land lease
agreement between BEZA & Developers
100% Exemption
14
Exemption of stamp duty on lease registration
50% Exemption
15
EZ investors are waived from Board of Investment
Act, 1989