REGISTRATION OF FOREIGN INVESTMENT PROJECTS WITH BIDA

Registering foreign investment projects with BIDA is essential for fostering international economic collaboration in Bangladesh. BIDA, the country’s investment authority, streamlines this process, promoting a conducive environment for foreign investors while ensuring compliance with regulations. This registration facilitates partnerships and contributes to the nation’s growth. The legal basis for this process is grounded in the BIDA Act 2016 and the BIDA Guideline 2023, which provide the regulatory framework and detailed procedures for foreign investment registration and approval.

Issuing authority

Authority: Bangladesh Investment Development Authority (BIDA)

Address: E-6/B, Sher-e-Bangla Nagar, Agargaon, Dhaka 1207, Bangladesh

Email: service@bida.gov.bd

Required list of all documents

1. Forwarding letter to be submitted by the Proprietor/Chairman/MD of the company/organization [In official Pad (one copy)]
2. Application in the Prescribed Form duly filled in [Two copies]
3. Certificate of Incorporation [One copy]
4. Trade License in favor of factory address [One copy]
5. TIN Certificate [One copy]
6. List of machineries local and imported to be submitted in official pad of the company (SL No, Name of Machine, H.S code, quantity and value in Million Taka) [Three copies]
7. Encashment certificate [One copy]
8. NOC from concerned Ministry/Directorate/Department to the controlled sector to be submitted [One copy (According to Industrial Policy, 2016)]
9. Pay Order/Bank Draft for applicable as registration fee in favor of “Bangladesh Investment Development Authority” [Original]

N.B:

[1. Forwarding letter to be submitted in an official letterhead of the company/organization signed by the Proprietor/Managing Partner/ MD of the company/organization

2. All the documents (Except Pay Order/Bank Draft) must be attested by the proprietor/ Managing Partner/ MD of the company)]

Step by step all documents

Step 1 Collect & Submit Application form: The applicant collects a Local Investment Registration Form (free of cost) from the Registration & Incentives Local Industry Wing at the head office or divisional office of BIDA, or downloads it from the BIDA website. The applicant then deposits the registration fee, as per the Fee Schedule Table, at any scheduled bank in favor of BIDA and collects a pay order/bank draft. Finally, the applicant submits the completed Application Form along with the required documents.

Step 2 Receive Tracking Number: BIDA receives the Application Form and provides a tracking number to the applicant over its counter and reception.

Step 3 Application Review and Issuance of Registration Certificate: BIDA reviews the application and the accompanying documents. If the application is found flawless, BIDA issues the Registration Certificate.

Fee schedule

Official time limit

Within 24 Working Hours

Actual time limit

Maximum 24 working Hours