Bangladesh Investment Development Authority (BIDA)
Prime Minister's Office
Ref No: WPN-17Jan2024-00038 Date: 29 January 2024
The Country Manager
Sanyo Engineering & Construction Inc.
Plot -3,Venture Tower (6th Floor) Bir Uttam A. K. Khandakar Road,,Mohakhali C/A, Gulshan , Gulshan
Dhaka-1212
INVESTMENT IS PRIORITY
Subject: Award of a new work permit to the foreign national
Dear Sir/ Madam,
Please refer to your application received on 17 January 2024 & 29 January 2024. I am pleased to inform you that
Bangladesh Investment Development Authority (BIDA) has issued a work permit as per the decision of the 368 meeting
of the Inter-Ministerial Committee held on 22.01.2024 to the following foreign national on conditions mentioned below:
Remuneration Details:
11 January 2024 Effective From
:
Passport No : P2805856C
Nationality : Work Permit Duration: 1 year Philippine
Designation : Quality Control Manager
Name : RONALD NUEVA SIOJO
Payable amount Payment mode Description of salary and allowances
Monthly BDT 186150.00 Basic salary
Monthly BDT 25000.00 House rent
Monthly BDT 10000.00 Medical allowance
The following terms and conditions must be followed:
1. The remuneration of the foreign worker must be paid with the remittance received from abroad. This condition is not
applicable for the foreign national appointed in a foreign bank, foreign insurance company, foreign airlines, and local
company;
2. The appointing authority must apply to BIDA with proper justification and sufficient supporting documents for
exemption of conditions no. (1) for paying remuneration to the foreign national from the profit generated locally by the
activities of the appointing authority;
3. The appointing authority must maintain a 5:1 ratio of local workers to foreign workers. Also, an appropriate pay
structure must be maintained for both local and foreign workers;
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
https://bidaquickserv.org. Document Generated Time: 1/29/2024, 4:52:36PM
Page 1 of 2
INVESTMENT IS PRIORITY
Bangladesh Investment Development Authority (BIDA)
Prime Minister's Office
Date: 29 January 2024 Ref No: WPN-17Jan2024-00038
4. Income tax must be deducted at source from the remuneration of the expatriate and must be deposited to the
appropriate government account as per the Income Tax Ordinance, 1984;
5. The work permit holder must submit an income tax return to the appropriate tax authority every year without fail.
Furthermore, the work permit holder shall submit an income tax certificate/income tax exemption certificate as per Section
no. 107 of the Income Tax Ordinance, 1984 at the time of leaving Bangladesh;
6. The date of departure of the work permit holder must be reported to BIDA within 7 (seven) days from the date of
expiry of the work permit. The appointing authority shall be held responsible for the illegal stay/employment of the work
permit holder after the expiry of the work permit;
7. The appointing authority and the work permit holder shall follow the Foreign Exchange Regulation Act, 1947 and
associated regulations and guidelines enacted under this act;
8. The Security Services Division will issue security clearance of the work permit holder after necessary verification and
due process;
9. BIDA reserves every right to take any action as it deems fit if the work permit holder involves in any subversive and
disciplinary activities and breaks any law or order of the country.
Please scan for verification
Copy forwarded for information and necessary action (not according to seniority):
1. Governor, Bangladesh Bank, Motijheel, Dhaka
[Attention: General Manager, Foreign Exchange Policy Department]
2. Chairman, National Board of Revenue, Segunbagicha, Dhaka
3. Senior Secretary/Secretary, Ministry of Foreign Affairs, Segunbagicha, Dhaka
4. Senior Secretary/Secretary, Security Services Division, Bangladesh Secretariat, Dhaka
5. Director General, Department of Immigration and Passport, Sher-e-Banglanagar, Dhaka
6. Deputy Commissioner of Taxes, Companies Circle 221, Taxes Zone 11, 9 Segunbagicha, Dhaka
7. Officer-in -Charge, Immigration, Hazrat Shah Jalal International Airport, Dhaka
8. Mr/Ms Yuichi Akagi, Country Manager, Sanyo Engineering & Construction Inc., Dhaka
( Faizur Rabbee )
Assistant Director
Phone: +880244826785
Email: faizur@bida.gov.bd
Your Faithfully
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
https://bidaquickserv.org. Document Generated Time: 1/29/2024, 4:52:36PM
Page 2 of 2