NIPPONSIGNAL Dhaka Office
Date: 4h September 2023
The Director,
Foreign Exchange Investment Depart1ment,
Head Office, Bangladesh Bank.
Dhaka-1000.
Bank.
Dear Sir.
Through: Standard Chartered Bank, 67, Gulshan Avenue, Dhaka-1212.
Subject: Intimation (3rd Time) of Branch Office Permission of Nippon Signal Company Limited
under section 18B of Foreign Exchange Regulation (Amendment) Act- 2015 from Bangladesh
We, Nippon Signal Company Limited a Japan-based company is continuing a Branch office in
Bangladesh by obtaining the 2nd extension of BIDA Branch Office Permission for 2 (Two) years effect from 15 August 2023.
The Ref No. of Extension of Branch office Permission is OPE-20Jul2023-00001.
Sincerely Yours,
Registered Address
Mail1ng
Now, we cordially request you to accept our intimation (3rd Time) under Section 18 (B) of the Foreign
Exchange Regulation (Amendment) Act- 2015 for continuing the Branch Office. As per BIDA
approval, the activities of the Branch office shall remain unchanged and we are maintaining a Bank Account with Standard Chartered Bank, Gulshan Branch, by the Name of Nippon Signal Company
Limited: Account No. 01 1308916 01.
TAKVÝA WAKUTSU
Genetál Manager
We have attached herewith the relevant documents of the Extension of Branch Office Permission.
We would really appreciate it if you kindly accept our intimation/report under Section 18 (B) of the
Foreign Exchange Regulation (Amendment) Act- 2015 and inform us of your kind acceptance through
the Bank above.
oN S
Nippon Signal Company Limited
(Bangladesh Branch Office)
Enclosed:
O Shornf Associate 24-25 Dilkusha C A(9th tloor)
Dhaka-Io00. Bangladesh
CP-7 project oftice. Block LSector 16
RoadSonargoan Janapath. Diaban, Lttara Dhaka-1 230. Bangladesh
Tel -880- 1847-198-851
1.Copy of Latest BIDA Office Permission Extension:
2. Copy of BIDA Office Permission;
3. Copy of 2nd Intimation of Bangladesh Bank:
4. Copy of Board Resolution:
5. Acknowledgment receipt of Tax AY 2022-2023.
Address
3
APPLICATION FOR PERMISSION UNDER SECTION 18B OF THE FOREIGN EXCHANGE
REGULATION (AMENDMENT) ACT- 2015 TO CARRY ON IN BANGLADESH ANY ACTIVITY OF
TRADING, COMMERCIAL OR INDUSTRIAL NATURE, OR TO ESTABLISH IN BANGLADESH A
BRANCH/OFFICE OR OTHER PLACE OF BUSINESS FOR CARRYING ON SUCH ACTIVITY OR TO
CONTINUE THE ESTABLISHMENTOFA BRANCH/OFFICE, ETC.
3
1. (a) Fullname and address of the applicant
2
(b)
(c)
If the applicant is a company, please give the following
Particulars/documents
(i)
(ü)
(a
Represented by:
(ii)
(b)
Nationality
(iv)
Place of incorporation or registration
(If the applicant is a company, partnership
Fim, organization, society, etc.)
Authorized capital
Paid-up capital
Equity
(a) Name(s) and address(es) of the directors and their
Nationality and place of permanent residence
Preference
(b) Whether any shares are held in the company
By BangladeshiNationals, persons of Bangladesh
Origin or companies registered in Bangladesh, if so,
Please give the following information
(i) Names and address of shareholders(s)
(i) Nationality
(iii) No. and value of shares held:
If the applicant is and individual, a partnership
Firm or an organization not mentioned at 2 above
Equity
Preference
Capital investment :
Name(s) and address(es) of owners, partners,
Office bearers, as the case may be
TAKUYAWAKUTSU
: Nippon Signal Company Limited
General Manager
: Japanese
24-25 Dilkhusha, 8th Floor, Shorif Associate,
Dilkhusha C/A, DilkushaTSO, Motijheel,
Dhaka- 1223.
: JPY 10,000 Million Yen
:JPY 9,185 Million Yen
APP.6 3
"Annexure-II From"
Please find enclosed herewith
N/A
N/A
N/A
N/A
4. Nature of activity (ies)
(a)
(b) Trading/commercial
Industrial/consultancy
6
i) Transportation;
ii) Logistic Service:
iii) General Service:
5. 1f the applicant has already been carrying on the above Activity (ies) or has established a branch (es)/office(s) or Any other places of business for this purpose, please state Date(s) of commencement of the Activity (ies); Established of the branch (es)/office(s), etc.
(a) Whether any Govt. approval has been obtained for the
Above, if so, attach copy of Govt's approval letter
Name of the place where the activities referred
To under item no. 4 or 5 above will be undertake
Or where the Branch offices etc., has been established
For this purpose
If there are existing arrangements for representing the
Company in Bangladesh, please state the following
Particulars.
(a) Name(s) and address(es) of Bangladeshi
Agent/representative(s)
(b) Nature of activities undertaken or the services
Rendered by Bangladeshiagent(s)/ representative(s) :
(c) Terms of remuneration payable
To agent(s)/ representative(s)
"Annexure-III From"
Enclosed
Branch Office permission from BIDA,
Dated: 16th August 2023
:24-25 Dilkhusha, 8th Floor. Shorif Associate.
Dilkhusha C/A, DilkushaTS0, Motijheel, Dhaka-1223.
APP.6
N/A
3
N/A
N/A
7.
8
9
Howthe activities referred to under item 4 or5
Above are being/will be financed, stating the source(s)
Of finance
Whether surplus carnings, if any, in Bangladesh are
Being or intended to be remitted abroad
Whether any foreign personnel are/will is employed. If so, a list giving the names and nationalities of such
Persons, their designation, period of employments and
Particulars of Govt. approval for their employment should Be attached
Place: Dhaka
Date: 4h September 2023
APP.6 3
"Annexure-III From"
Inward remittance from head office.
N/A
TWe hereby declare that the particulars given above are true and correct to the best of mylour knowledge and belief.
ON SI
Stamp &gnature of the AppiT
TAKUYA WAKUTSU
General Manager
1.
Acknowledgment
receipt
of
Tax
Return
for
the
assessment
year
2022-2023.
Attachment: (Bangladesh Branch Office) Nippon Signal General TAKUYKWAKÜTSU Sincerely Yours,
SIGA
Exchange
Regulation
(Amendment)
Act,
2015.
vear
2023-2024
as
well
as
accept
this
letter
as
intimation
in
your
record
according
to
the
Foreign
Tax
Clearance
Certificate
and
Acknowledgment time to
submit
Tax
return
till
15
January
2024.
year
2023-2024.
It
is
mentionable
that
as
per
section
171
of
the
Income
Tax
Act
2023,
we
have
receipt
of
Tax
Return
for
the
assessment
year
2022-2023.
under
process
in
the
relevant
Tax
Circle.
Hence,
we
are
submitting
here
the
Acknowledgment
we
did
not
get
the
Tax
clearance
certificate
for
the
assessment
year
2022-2023
since
the
tile
is
Dear Sir. reccipt
of
Tax
Return
for
Through:
Standard
Chartered
Bank,
67,
Gulshan
Avenue,
Dhaka-1212.
Head Office, Dhaka-Bangladesh.
Bangladesh Bank Foreign
Exchange
Investment
Departiment
The Director 4th September 2023
Dhaka Office
() NIPPON SIGNAL
Mailng Address
Registered Address:
Tel +880-1847-198-851 Road
Sonargoan
Janapath.
Diabari.
Utara.
Dhaka-1
230.
Bangladesh
CP-7
project
office,
Block
1.
Sector
16.
Dhaka-1000. Bangladesh C/O
Shorif
Associate.
24-25
Dilkusha
C/A
(9th
floor)
Company
Limited
Manager
Acknowledgment
receipt
of
Tax
Return
for
the
assess
ment
It is
requested
to
accept
our
apology
and
consider
the
circumstance
for
the
non-submissionof the
receipt
of
the
Tax
Return
for
the
assessment
year
2023-2024.
In
this
circumstance,
it
is
not
possible
to
submit
the
Tax
Clearance
Certificate
and
After
completion
of
the
Audit
Report,
we
will
submit
the
Income
Tax
return
for
the
assessment
Besides
we
are
preparing
the
Annual
Statutory
Audit
Report
for
the
Year
ended
30
June
2023.
Return
for
the
ASsessment
Year
2022-2023.
But
the
Assessment
has
not
been
completed
yet
and
Iwould
like
to
inform
you
that
Nippon
Signal
Company
Limited
has
submitted
the
Company Tax
the assessment
year 2023-2024.
Subject:
Apology
for
the
non-submission
of
Tax
Clearance
Certificate
and
Acknowledgment