Waiver of BIDA conditions No. 8

Waiver of BIDA conditions No. 8 Required documents Sl. No. | Name of Documents | Remarks 1 | Forwarding letter 2 | Board resolution (if any, Not mandatory) 3 | Audit report (Net profit after Tax must be and Tax due will not be accepted) 4 | Tax Clearance certificate (All tax are paid should be written in the certificate) 5 | Bank Statement of the FY 6 | Encashment certificate (all) 7 | Agreement with vendor (Proving the source of income) 8 | Proof of income (invoice/bill/ check etc. for providing any goods/services/works) 9 | Office permission (All) 10 | Approval letter of BIDA waiver 7 11 | TIN 12 | 18B intimation 13 | Prior approval letter of BIDA waiver 8 (If any) Note: | N.B All documents shall have to be attested by the Managing Director/ Country Manager, Chief Executive of the company/ Firm Application process: | The application should be submitted physically to BIDA. There is no govt. fee for this service. FAQ: | Q; 1. Should we take waiver for condition 7 before taking waiver for condition 8? Answer: Yes Q: 2. Is it mandatory to get waiver again for condition 7 and 8 after official permission extension? Answer: For waiver of Condition 7 re-application required. For waiver condition 8, it can be obtained at the time of office permission application through BIDA OSS. We have to attached pervious Waiver 8 in OSS to make it activated. Q: 3. For branch office if we get the approval BIDA waiver for condition 8 then should we take additional approval for outward remittance? Answer: No additional approval required from BIDA to remit money.