The document discusses various fiscal facilities, financial facilities, and general facilities provided by the Bangladesh government to promote exports. It mentions income tax exemptions, duty exemptions, export financing facilities like retention of foreign currency earnings and export promotion funds. It also discusses the roles of organizations like Export Promotion Bureau (EPB), Trading Corporation of Bangladesh (TCB), Bangladesh Standards and Testing Institution (BSTI) and Dhaka Chamber of Commerce and Industry (DCCI) in supporting exporters.

1. Fiscal facilities :
Income tax exemption for export earning: Under the income
tax law other than the owners of factories not registered in
Bangladeshi, all exporters will get 50% exemptions in their
income taxes.
Exemption in insurance premium:
Bond facilities for export oriented industries:
Facilities for duty free import of capital machineries for
export - oriented industries: The export-oriented industries
will get the advantage of importing 10 percent spare parts of
their capital machineries without duty in every two years.
Providing alternative facilities to export-oriented local
textiles and RMG other than duty-bond or duty-draw-back:
Tax holiday:
Duty-draw-back scheme.

2. Financial facilities :
1 Use of foreign currency :
The exporters can deposit a certain amount of their export earning
in foreign currency under a retention quota in their foreign
currency account in the forms of US dollar, pound sterling,
Japanese yen or euro. The amount of the retention (in terms of
percentage) will be fixed by the government/Bangladesh Bank.
This foreign currency can be used to fulfill real business needs like
business trips abroad, participation in export fair or seminars
foreign countries, import of raw materials and spare parts and
setting up office abroad. Presently 10% has been fixed for lower
value added products (like RMG, petroleum by products, Naphtha,
furnace oil etc.) and 50% for high value added products (like
Computer software and data entry/processing service etc.)

3. 2. Export Promotion Fund (EPF) :
(i) Offer venture capital with less interest rate and easy
term for production;
(ii) Assist in getting foreign technical assistance, service
and technology in product development and diversification
(iii) Assist in sending marketing missions abroad and taking
part in international fairs for market promotion in foreign
countries ;
(iv) Assist in setting up sales and display centre abroad
and warehousing facilities ;
(v) Assist in participating product development and
marketing training programmes for export promotion
through attaining technical and marketing efficiency ; and
(vi) Facilitate in other activities for product and market
development.

4. 3. Providing fund for export :
(i) Interest free loans will be provided under
duty-draw-back credit scheme
(ii) Import process of raw materials and
related products will be made easier under
the export promotion fund (EPF).
(iii) Facilities will be provided to open back
to back LC for all exportable; and
(iv) The proposals for importing capital
machineries with soft term loan with lesser
interest rate can be considered for export
promotion.

5. General facilities :
Ø The enterprises that export 80 percent of their products
will get the facilities given to export-oriented industries.
Ø Reduced plane fare for priority products including
vegetables and fruits. Biman will consider measures for
reduced plane fare for
exporting fruits, vegetables and ornamental plants by air.
Ø Withdrawal of royalty for expansion of cargo services of
foreign airlines for export promotion:
Ø Fixing of limit for sending sample of export products
annually :

6. Ø Arrangement and participation in international and
single country trade fairs and other market
development programmes abroad:
Ø Incentives will be given for organizing and
participating in international trade fairs, single
exhibition and other market development
programmes and arranging single country trade
fairs jointly by government and non-government
organizations.
Ø Every year product-wise Commercially Important
persons (CIPs) will be selected on the basis of the
exporters' extra ordinary contributions to export
promotion.

7. Ø National Export Trophy (NET) will be given in
recognition of extra ordinary contribution to export.
Ø The Export Credit Guarantee Scheme (ECGS)
will
be restructured, activated and made efficient.

8. Role of EBP in exporting
From the beginning it was government organization
and under the control of foreign trade division of
Ministry of trade . After 1977 it is now semi –
autonomous organization performing its function to
promote export.
Organization and management of EPB:
Its operation and administration now under a broad
of management . The chairman of 12 members broad
of management is the state ministry of trade.
There are three executive committee also. These are;
1. Export promotion council; 2. Export coordination
unit 3. Export promotion advisory committee.

9. Internal structure of EPB head office:
Internal division include:
a. Policy and planning division
b. Information division
c. Fairs and display division,
d. Commodities development division
e. Administration and finance division
Role and functions of EPB:
1. Identify market for the new exporter of goods and give such
information required to the exporter
2. Develop the principal policies to ensure coordination
between export policy and its program
3. Test the export possibilities of exportable goods

10. 4. Ensure the product quality and product diversification of
exportable goods ,
5. Organize international trade fair and participate in different
industrial , trade and other fair and also take steps to advertise
the exportable goods
6. Give advise to government to formulate right policy and to
take export development program
7. Participate in foreign international trade fair, establish sale
center and sent trade delegate to promote foreigner to purchase
our goods
8. Help exporter and importer to finalize trade contact
9. Inform the foreign buyer about the quality , price of our
exportable goods
10. Help the small exporter to get credit
11. Arrange training program to develop exporter.

11. Trading corporation of Bangladesh:
Management of TCB: One chairman and 6 director according
to 1972 GO No 68.
After 1974 , number of directors depend on Government
Objectives and functions of TCB:
The main objective of TCB is to cover the shortage of goods
through import and its distribution and also to increase export
of our products in foreign countries.

12. Functions:
1. Import and export of goods according to the
government policy.
2. Sale and distribution of imported goods and recruit
dealers, agents etc. to ensure sale of goods according
to Govt. order.
3. Other activities related to previous ones.

13. Objectives of export operations of TCB:
1. Ensure proper export of goods according to accepted
samples through strong pre-shipment inspection.
2. Ensure the follow of scheduled of shipment of goods by the
exporter.
3. Ensure the export of goods at a competitive price
4. Search for market for new exportable goods
5. Help to export non traditional goods and find out new
market for that goods

14. Export promotional measures:
1. Participates in international trade fair
2. Participate in national export fair
3. Communicate with foreign parties
4. Sent sale / trade delegate to foreign countries
5. Recruit foreign organization and TCB agent to
increase export.

15. Bangladesh Standards and Testing Institution
(BSTI)
Bangladesh standards and Testing Institution came into
being in 1985 through an Ordinance (Ordinance
XXXVII of 1985) with the merger of Bangladesh
Standards Institution and the Central Testing
Laboratories. The BSTI is a body corporate and its
concerned Ministry is the Ministry of Industries.

16. Laws governing activities of BSTI:
The Bangladesh Standards and Testing Institution
Ordinance,1985 (Ordinance No. XXXVII of 1985)
The Standards of Weights and Measures
Ordinance,1982(Ordinance No.XII of 1982)
The Bangladesh Standards and Testing Institution
(Amendment) Ordinance, 1988(Ordinance
No.XI of 1988)
The Standards of Weights and Measures
(Amendment) Act, 2001.
The Bangladesh Standards and Testing Institution
(Amendment) Act, 2003

17. The Institution’s task is to prepare standards for all
articles, products, methods and services. The Institution
can bring under BSTI’s Compulsory Certification Marking
any product after approval of the Government. Products
brought under Compulsory Certification
Marking (CM) are published in official gazette.
The BSTI marks cannot be used under any circumstances
by others without approval in advance from BSTI.
The standards approved, and passed by the Institution are
called Bangladesh Standards (BDS).

18. Salient Features of the Bangladesh Standards and Testing
Institution (Amendment) Act, 2003
a) The sale and distribution of commodities brought under
mandatory scheme are strictly prohibited without having
Certification Marks (CM) license from BSTI or using of
unauthorized Standard Marks.
b) If, after examination, it is found that any article which
does not conform to the Bangladesh Standard the factory
producing such article or the premises where such article are
stored, kept or traded may be sealed and such commodities
seized.

19. c) Commercial advertisements/publications of products having
no BSTI Certification Marks (CM license) are prohibited.
d) For any violations of the provisions of the BSTI
(Amendment) Act,2003 penalty or punishment may be
imposed by mobile courts.
e) Minimum punishments for violations of the ordinance have
been prescribed which includes fine and imprisonments or
both.

20. Functions:
The Functions of the Institution as defined in the
ordinance are:
To set up Bangladesh Standards of quality and dimensions and
prepare and promote the general adoption of standards on
national and international basis relating to materials,
commodities, structures, practices and operations and, from
time to time, to withdraw, revise, alter and amend the same;
To consider and recommend to the Government Bangladesh
Standards for the measurement of length, weight, mass,
volume, and energy;

21. To promote standardization, quality control, and
simplification in industry and commerce;
To secure compliance with the Bangladesh Standards adopted
by the Institution by the producers and users;
To implement Bangladesh Standards through the
administration of a national certification mark-scheme or
inspection of goods or both;
To provide or arrange facilities for examination, testing and
inspection of commodities, processes and practices for any
investigation, research or promotion of export that may be
necessary and to issue test reports;

22. To certify the quality of commodities, materials,
produces, products and other things including food
materials, whether for local consumption, export or
import;
To co-ordinate the efforts of producers and users for the
improvement of materials, products, code of practice,
appliances, processes and methods, so as to eliminate the
national waste of material and time involved in the
production of an unnecessary variety of patterns and sizes
of articles for one and the same purpose;

23. To establish and publish, in such manner as may be
prescribed, the Bangladesh Standard Specifications in
relation to any article or process or code of practice;
To recognize, adopt or endorse as a Bangladesh Standard,
in such manner as may be prescribed, any standard
established by any other Institution in Bangladesh or in
any foreign country, or by international organizations in
relation to any article or process;

24. To specify a Standard Mark to be called the Bangladesh
Standards and Testing Institution Certification Mark
which shall be of such design and contain such particulars
as may be prescribed to represent a particular Bangladesh
Standard;
To grant, renew, reject, suspend or cancel, in such manner
as may be prescribed, a license for the use of Standard
Mark;

25. To make such inspection and take such samples of
any material or substance as may be necessary to
see whether any article or process in relation to
which the Standard Mark has been used or
proposed to be used conforms to the Bangladesh
Standard or whether the Standard Mark has been
improperly used in relation to any article or process
with or without license;

26. To utilize with the permission of the owners, the
services of laboratories other than those maintained
by the Institution and approve such laboratories for
the purpose of the Institution;
To make arrangements or provide for the facilities,
for the testing and calibration of precision
instruments, gauges and scientific apparatus and for
the issue of certificates in regard thereto so as to
make them comply with the required standards;

27. To undertake execution of any trust or any agency business
which it may consider conducive to the attainment of, its
objectives;
To co-operate with any person, association, or organization,
outside Bangladesh having objectives, similar to those for
which the Institution is established; and
To do all such acts and things ancillary, or incidental to any
of the aforesaid functions.

28. DCCI
On going services:
DCCI helps its members to face the challenges of stiff
competition in a globalize economy by providing
various services:
To create awareness amongst the members about the
various policies, regulations, norms and practices
concerning all sectors of economic activities of the
country.
To critically evaluate the fiscal and other measures
and policies of government and recommend necessary
changes to create an enabling and business-friendly
environment.

29. To ventilate the needs, problems and grievances of the
business community and suggest suitable remedial and
supportive measures while commenting on major economic
issues and policies.
To represent, uphold and focus on the interests of private
sector in various Advisory & Consultative Committees.

30. To disseminate information relating to problems &
prospects of the trade & investment through the
publication of research papers, circulars, manuals,
survey reports, annual reports, news bulletins, tax
guides, trade bulletins etc .
To provide a forum for interaction and exchange
of views among the members of the business
community by way of holding Seminars, Symposia,
Discussion Meetings and Representations.

31. DCCI Functions
The basic function of the DCCI lies is the promotion and
development of trade, commerce and industry in this
country.
To promote and develop trade, commerce and industry.
To suggest ways towards the formulation and
implementation of government policy in respect to import,
export, investment banking, insurance and fiscal measures.
To represent trade, commerce and industry on various
advisory or consultative committees at different ministries
and departments.

32. To comment on legislative measures affecting trade,
commerce or industry.
To function as a forum for exchanging views between
chamber members, government agencies ,DCCI members
and local/foreign delegations.
To arbitrate settlement of disputes arising out of business
transactions.
To disseminate information to members on circulars,
notifications, and statistical data, relating to commerce and
industry.

33. To issue Certificate of Origin (COO) and authenticate
documents in connection with trade and commerce.
To organize trade delegations, seminars and trade fair
participation as well as receiving business delegations from
abroad.
To act upon Memorandum of Understandings (MOUs)
with overseas Chambers of Commerce and Industry for
promotion of bilateral trade and investment.
To undertake human resource and enterprise development
function

34. To prepare, implement and evaluate projects for
entrepreneurship development and other trade related
matters, and
To develop business through internet/web page of its own.

35. In order to carry out these listed functions, the DCCI
operates and proposes regulations under a Board of
Directors, Some of these Board Directors coordinate
standing committees, representing various industrial
vocations, within the DCCI. It is through these directors
that the interests of the standing committees are
presented to the Board. Once in procession of the facts,
the Board scrutinizes it before preparing and then
submitting the final regulation for approval by the
relevant ministry.

36. Bangladesh EPZ
In order to stimulate rapid economic growth of the country,
particularly through industrialization, the government has
adopted an 'Open Door Policy' to attract foreign investment
to Bangladesh. The Bangladesh Export Processing Zones
Authority (BEPZA) is the official organ of the government
to promote, attract and facilitate foreign investment in the
Export Processing Zones.
The primary objective of an EPZ is to provide special areas
where potential investors would find a congenial investment
climate, free from cumbersome procedures. Following
information is provided to the potential investors for
investment is EPZs of Bangladesh.

37. Eligible investors
100% foreign owned including Bangladesh nationals
ordinarily resident abroad (Type-A).Joint venture between
foreign and Bangladesh entrepreneurs resident in
Bangladesh(Type-B) .100% Bangladesh entrepreneurs
resident in Bangladesh (Type-C).
Mode of Investment
Investment in convertible foreign currencies by foreign
investors. Option to establish public/private Ltd companies
or sole proprietorship/partnership concerns.

38. Investment Guarantee
Foreign Private Investment (Promotion and Projection)
Act 1980 secures all foreign investment in Bangladesh.
OPICs (Overseas Private Investment Corporation, USA)
insurance and finance programs operable. Security and
safeguards available under Multi-national Investment
Guarantee Agency (MIGA) of which Bangladesh is a
member. Arbitration facility of the International Center for
the Settlement of Investment Dispute (ICSID) available.
Tele-communications Telex, Fax and International Dialing
Services connected through satellite system available.
Communications Adequate sea, rail, road and air
communications services available.

39. ONE WINDOW SAME DAY SERVICE
Sanctions projects generally within one week.
Issues required Import/Export Permits.
Issues required Work Permits for foreign national
Working in EPZ enterprises.
Provides required infrastructure facilities in EPZs.

40. FACILITIES AND INCENTIVES FACILITIES
a. Land and factory building are available on rental basis.
b. Electricity, water, gas and telecommunications are
provided by the zones.
c. Import and export permits are issued by EPZ within 24
hours.
d. Work permits are issued by BEPZA.
e. EPZ is a secured and protected area.
f. Recreational facilities are available.
g Availability of food stuff and beverage on payment of
nominal tax for the foreigners working in EPZs.
h. Potential investors are required to deal only with
BEPZA for investment and all other operational purposes.

41. INCENTIVES
Fiscal
Tax Exemption
a. Tax holiday for 10 years
b. Exemption of income tax on interest on borrowed
capital.
c. Relief from double taxation subject to bilateral
agreement.
d. Complete exemption from dividend tax for tax holiday
period for foreign nationals.
e. Exemption of income tax on salaries of foreign
technicians for 3 years subject to certain conditions.

42. Duty Free Import and Export
a. Duty free import of machinery's, equipment and raw
materials.
b. Duty free import of three motor vehicles for use of the
enterprises in EPZs under certain conditions.
c. Duty free import of materials for construction of
factory buildings in the zones.
d. Duty free export of goods produced in the zones.

43. Non-Fiscal
I. Investment
a. All foreign investment secured by law.
b. No ceiling on extent of foreign investment.
c. Full repatriation of profit and capital permissible.
d. Repatriation of investment including capital gains, if any,
permissible.
e. Remittances allowed

44. II. Project financing and banking
a. Off-shore banking facilities available.
b. Local and international banking facilities also wide-open.
III. Import
a. Freedom from national import policy restrictions.
b. Import of raw materials also allowed on Documentary
Acceptance (DA) basis.
c. Advantage of opening back to back LC for certain types
of industries for import of raw materials.
d. Import of goods from the domestic tariff area permissible.

45. IV. Project Implementation
a. Re-location of existing industries from one zone to
another within the country permissible.
V. Operation
a. Sub-contracting within EPZ allowed.
b. Inter-zone and intra-zone export permitted
c. All customs formalities done at the gate site of the
respective factory building within the zone.
d. Permission for import/export given in the same day.
e. Repairing and maintenance's of machinery's and capital
equipment from domestic tariff area allowed.

46. VI. Employment
a. Liberal employment of foreign technicians/experts
allowed.
b. Foreigners employed in the zones enjoy equal rights
similar to those of Bangladesh nationals.
c. Law forbids formation of any labor union in the zones.
Strike within the zones prohibited.
VII. Support Services
Customs office, Post Office, Medical center, Fire station,
Police station.