Bangladesh Investment Development Authority (BIDA)
Prime Minister's Office
Ref No: WPN-18Aug2019-00001 Date: 04 September 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 18 August 2019 & 03 September 2019 on the above mentioned subject, this is to inform you that according to the decision
of 270 Inter-ministerial Committee meeting held on 26.08.2019, 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 : ANKIT SARKAR
Work Permit Duration : 1 year
Designation : PSD Interface and Installation Engineer
17 August 2019 Effect From :
Nationality : Indian
Passport No : L6202890
Remuneration Details:
Payment Category Payment Payable Amount
BDT 72000.00 Monthly Basic salary
BDT 35000.00 Monthly House rent
BDT 3482.00 Monthly Conveyance
BDT 10000.00 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. HIDEHIKO TSUKAMOTO, President and Chief Operating Officer, Nippon Signal Company Limited, 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