Bangladesh Investment Development Authority (BIDA)
Prime Minister's Office
Ref No: WPE-23Aug2023-00014 Date: 08 September 2023
To
The Representative Director
TAISEI CORPORATION
Catharsis Tower, 10th Floor, House No.133, Road No. 12, Block-E, Banani, Banani
Dhaka-1213
Subject: Extension of Work Permit for Employment of Foreign National
Dear Sir/ Madam,
With reference to your application of 23 August, 2023 and based on your submitted payment at 07 September, 2023 on the above mentioned subject, this
is to inform you that according to the decision of the 358th meeting of the Inter-ministerial Committee held o n 29 August, 2023, the Bangladesh Investment
Development Authority (BIDA) has been pleased to issue work permit for the following foreign national employed in your company /office under the following
remuneration with the stated terms and conditions:
HIDEHARU TOYAMA Name Work Permit Duration 2 years
Designation Deputy General Manager
26 September, 2023 Effect From Nationality Japanese
Passport No TR4988403
Remuneration Details:
Date Of The First Appointment 26 September, 2022
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Payment Category Payable Amount Payment
USD 8000.00 Monthly Basic salary
Other fringe benefits: Gross salary consists of Basic Salary only. The employee will not be eligible to get any further allowances and benefits
Terms and Conditions:
1. The remuneration of the expatriate would be borne out of foreign exchange remittance received from abroad. This condition will not be applicable in the case of
appointment of a foreign national in Foreign Bank, Insurance, Airlines, and in a Bangladeshi incorporated company.
2. If the Company can earn profit locally and wants to meet necessary expenditures of the company in Bangladesh with that profit, they may apply to BIDA with
proper justification and sufficient supporting documents for exemption of the condition no 1.
3. The organization will ensure the appointment of Bangladeshi nationals as per the prescribed ratio i .e. One Foreign national is to Five Bangladeshi national [1:5]
with appropriate pay structure.
4. Income tax shall be deducted at source from the remuneration of the expatriate and shall be payable to the Government as per the provisions of Income tax
ordinance 1984.
5. The Foreign national shall submit Income Tax Certificate/Income Tax Exemption Certificate according to the provision of section 107 of Income Tax
Ordinance, 1984 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 this expatriate must be intimated to BIDA within 7(seven) days from the date of expiry of the work permit. The company shall be held
responsible for the illegal stay/employment of the foreign national, after expiry of this work permit.
7. The Foreign Exchange Regulation Act <http://bdlaws.minlaw.gov.bd/pdf_part.php?id=218>, 1947 (amended at 2015), and associated regulation and guidelines
under this act shall be complied with..
8. Ministry of the Home Affairs will issue security clearance of the expatriate with due process and verification.
9. If any activities of this expatriate transpire to be subversive to the state this authority reserve every right to take any action as it deems fit.
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. Shigeyoshi Tanaka, Representative Director, TAISEI CORPORATION, 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
To verify the authenticity of the approval copy, please scan the QR code & log on to https://bidaquickserv.org. Document Generated Time: 9/8/2023, 5:08:04PM