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Declaration regarding the condition of BIDA
BIDA Condition:The proposal for opening of the branch office has been APPROVED for 03(three) years w.e.f 2021-04-15 on condition that the company shall have to: (a) bring at least US$ 50,000.00 as initial establishment costs and operational expenses; (b) submit TIN certificate; (c) provide the office address of the designated office; within 2 months from the date of issuance of the permission letter; (d) follow all existing related rules & regulations; (e) inform update regarding the activities in Bangladesh within 3 months (f) pay VAT (15% on fee for service provided) through treasury challan with payment code 1-1133-0035-0311 and submit the challan copy to concerned section of BIDA The committee has taken decision to visit the activities of the company.
It is declared that the company will follow all the rules and regulations that mentioned above as per BIDA Condition and will also pay the VAT as per the instruction