Bangladesh Investment Development Authority (BIDA)
Prime Minister's Office
Ref No: WPN-02Jul2019-00001 Date: 11 December 2019
To
The President and Chief Operating Officer
Nippon Signal Company Limited
24-25 Dilkhusha, 8th Floor, Shorif Associate, Dilkhusha C/A, DilkushaTSO, Motijheel
Dhaka-1223
Subject: Work Permit for Foreign National
Dear Sir/ Madam,
With reference to your letter of 02 July 2019 & 11 December 2019 on the above mentioned subject, this is to inform you that according to the
decision of 273 Inter-ministerial Committee meeting held on 27.10.2019, the Bangladesh Investment Development Authority has been pleased to issue
Remuneration Details:
20 June 2019 Effect From : Passport No : TR9354389
Nationality : Work Permit Duration : 2 years Japanese
Designation : Manager
Name : TAKESHI SAITO
Payment Category Payment Payable Amount
JPY 546000.00 Monthly Basic salary
Other fringe benefits: JPY 182,181 as Work area 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
Your Faithfully
( Md. Atik Sarker )
Assistant Director
Phone: 0255007231
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