Certification for Capital Machinery Release
Bangladesh offers substantial opportunities for investment under its liberalized Industrial Policy for export-oriented companies. The aim is to increase the growth of private sectors. The government’s role is that of a facilitator which helps create an enabling environment for expanding private investment, both domestic and foreign. The Bangladesh Investment Development Authority (BIDA), established by the government for accelerating private investment, provides institutional support services to intending investors. However, to enjoy tax exemption, the imported capital machineries should be listed under the National Board of Revenue (NBR) SRO.