Bangladesh Investment Development Authority
Prime Minister's Office
Ref No: 03.219.344.00.00.00009410.30042017 Date: 29 May 2017
Managing Director,
ASTY INC.
8,1
13, Sector-3,Uttara,1230
Dhaka
Sub: Extension of Work Permit for employment of Foreign National
Dear Sir,
With reference to your applications received on 30.04.2017 & 22.05.2017 on the above subject, this is to inform you that according to the decision of
228 th Inter-ministerial Committee meeting held on 16.05.2017 , the Bangladesh Investment Development Authority has been pleased to approve extension of
employment of the following foreign national on the terms, conditions and remuneration as shown below:
Name, Designation
Nationality and Passport No
Period of Extension
Date of First appointment
Remuneration
SHIGEAKI MISU
Country Manager
Japanese
TR3130894
Two(02)years
(with effect from
10.05.2017)
12.04.2016
Payment Payable Locally Payable Abroad
Monthly Basic salary
BDT 160,000
Monthly House rent
BDT 31,000
Monthly Conveyance
BDT 7,700
Other fringe benefits: Festival bonus in accordance with the liaison office 's
rule in existence
Others: Salary would be subject to review on the basis of performance.
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 kind information & necessary action to:
1. Bangladesh Bank, Motijheel C/A,Dhaka (Attention: The Governor).
2. Ministry of Foreign affairs, Segunbagicha, Dhaka (Attention: Foreign Secretary).
3. Ministry of Home Affairs, Bangladesh Secretariat, Dhaka (Attention: The Secretary).
4. Department of Immigration and Passport, Sher-e-Bangla Nagar, Agargaon,Dhaka (Attention: Director General).
5. Companies Circle-222, Taxes Zone-11,9,Segunbagicha, Dhaka (Attention: Deputy Comissioner of Taxes).
Yours Faithfully,
( Md. Ariful Hoque )
Director (Commercial)
Phone : 9562546
Email : arif@boi.gov.bd
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Bangladesh Investment Development Authority, Prime Minister's Office, Jiban Bima Tower, 10 Dilkusha C/A, Dhaka-1000, Bangladesh
Phone: PABX 88 02 956 1416, 957 7271-2, Fax: 8802 956 2312, E-mail: service@bida.gov.bd, Web: www.bida.gov.bd