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Date: 10 March 2021
Ref: xxxxxxxxxxxxxxxxxxxxxx
The
General Manager
Foreign Exchange Investment Department
Bangladesh Bank. Head Office
Dhaka-1000, Bangladesh
Through: Standard Chartered Bank
Subject: XXXXXXXXXXXXXXXXXXXXXXCo., Ltd – Bangladesh Branch BIDA
Permission Clause 8 waiver
Dear Sir:
We refer to you letter ref: XXXXXXX dated- 10 March 2021 on the captioned subject as mentioned above. Please find our response along with supporting documents as below:
1. Explanation for clause 8 waiver requirement:
2. Current activities / scope of work in Bangladesh:
XXXXXXXXXXXXXXXXXXXXXXX
3. Source of income and till now total local income amount:
We have received payment in local currency (BDT) from the project Employer XXXXXXXXXXXXXXXXd being advance payment for work mobilization and running work settlement bill purpose against contract agreement.
We are enclosing below 2 documents as requested by your good office.
Statement of total amount received till to date
Electronic Fund Transfer (EFT) advise
4. Bank Account Statement:
Account Statement enclosed as requested
·
5. Updated Tax Clearance Certificate:
Enclosed.
Should you have any further queries regarding this application, please do not hesitate to contact the undersigned. Your kind cooperation will be highly appreciated.
6. Updated financial report (Balance sheet-profit/loss) of last two years will be required
Thanking you.
______________________ ____________________
Document enclosed:
Copy of Contract Agreement
Statement of total income
EFT Advices
Bank account statements
TIN Certificate