Bangladesh Investment Development Authority (BIDA)
Prime Minister's Office
Ref No: WPN-28Jul2019-00012 Date: 08 August 2019
To
The Director
Yurtec Corporation
Rupsha Tower (13th Floor), Flat 13/A, House No 7, Road No 17, Kemal Ataturk Ave, Banani, Banani
Dhaka-1213
Subject: Work Permit for Foreign National
Dear Sir/ Madam,
With reference to your letter of 28 July 2019 & 08 August 2019 on the above mentioned subject, this is to inform you that according to the decision of
269 Inter-ministerial Committee meeting held on 04.08.2019, the Bangladesh Investment Development Authority has been pleased to issue work permit
for the following foreign national employed in your company/office for the period shown against his name on the terms, conditions and remuneration as
shown below:
Name : ABE Katsunori
Work Permit Duration : 1 year
Designation : Country Manager
27 July 2019 Effect From :
Nationality : Japanese
Passport No : TS0105477
Remuneration Details:
Payment Category Payment Payable Amount
BDT 170000.00 Monthly Basic salary
BDT 10000.00 Monthly House rent
BDT 2000.00 Monthly Conveyance
BDT 5000.00 Monthly Medical allowance
Terms and Conditions:
1. The expenditure in this connection would be borne out of foreign exchange remittance received from abroad. This condition is not applicable in case of appointment of
foreign nationals in Foreign Bank,Insurance, Airlines, Bangladeshi Company etc.
2. If your Company earns profit locally and wants to meet the necessary expenditure of the company in Bangladesh with that profit, they can apply to the Authority with
proper justification and sufficient supporting documents for exemption of condition-1.
3. Appointment of Bangladeshi national as per ratio i.e. One Foreign national: Five Bangladeshi national [1:5] with suitable and appropriate pay structure shall have to be
ensured.
4. Income tax payable to the Government shall have to be deducted at source and to be paid as per provisions of Bangladesh Government I.T Ordinance 1984.
5. The Foreign national(s) is/are required to submit Income Tax Certificate/Income Tax Exemption Certificate according to the provision of section 107 of Income Tax
Ordinance, 1984 before the concerned Income Tax Office at the time of leaving Bangladesh as notified in Office memorandum File No .Zarabo/Kar-7/A:A:B:/16/2002/38
dated 18/03/2002 of the NBR.
6. The date of departure of the expatriate(s) must be intimated to this Board within 7(seven) days from the date of expiry of the work permit. The company will also be held
responsible for the illegal stay/employment of the foreign national, after expiry of the work permit.
7. Ministry of Home Affairs will issue security clearance of the expatriate after verification.
Copy forwarded for information and necessary action (Not according to seniority):
1. Secretary, Security Service Division, Ministry of Home Affairs, Bangladesh Secretariat, Dhaka
2. Secretary, Ministry of Foreign Affairs, Segunbagicha, Dhaka
3. Director General, Department of Immigration and Passport, Sher-e-Bangla Nagar, Dhaka
4. Companies Circle-221, Taxes Zone-11, 9, Segunbagicha, Dhaka
5. General Manager, Foreign Exchange Policy Department, Bangladesh Bank, Dhaka
6. Watanabe Yoichi, Director, Yurtec Corporation, Dhaka
Your Faithfully
( Md. Atik Sarker )
Assistant Director
Phone: 0255007241
Email: atik@bida.gov.bd
Bangladesh Investment Development Authority, Prime Minister's Office, Plot # E-6/B, Agargaon, Sher-E-Bangla Nagar, Dhaka-1207.
Phone : PABX 88-02-55007241-5, Fax : 88-02-55007238, E-mail : info@bida.gov.bd, Web : www.bida.gov.bd