Hornbill View Ltd

 
Hornbill View Ltd
Unit A-1

At a Glance
BEPZA is a government body empowered and responsible for the creation, development, operation and management of industrial zone like Export Processing Zone as well as promoting investment in Bangladesh. BEPZA has been established by Act no. 36 of 1980 in a view to boost up industrialization, export, employment generation and technology transfer within the land. To meet the growing need of attracting FDI, Local Investment and industrialization, the Government took initiative to set up Export Processing Zones (EPZs) in the different parts of the country. Bangladesh Export Processing Zones Authority (BEPZA) is working directly under the leadership of the Honorable Prime Minister of the country.
Vision of BEPZA Mission of BEPZA To become a significant contributor for economic development of Bangladesh. Strengthen the economic base of Bangladesh through industrialization, promotion of investment, boost up export and generation of employment in the Export Processing Zones. Objectives of BEPZA:
1. Boost up Foreign and Local Investment

2. Accelerate Volume of Export

3. Create Job Opportunity

4. Poverty Alleviation

5. Transfer of Technology and Skill Development

6. Development of Backward and Forward Linkage Industries

7. Promote Accessories and Supportive Service Enterprises

Type of Investment:

1. Type A: 100% Foreign Ownership

2. Type B: Joint Venture between Bangladesh and Foreign Investors (no limit on extent of
equity share)

3. Type C: 100% Bangladeshi Ownership.

 
Services of BEPZA:
BEPZA provide the following services to the investors:

1. Permission for setting up industry in EPZs by with minimum required document.
2. Allotment of fully serviced industrial Plots/ Standard Factory Building (SFB) for
establishment of industry in EPZs;

3. Duty–Free Import of raw materials, Machinery, Construction Materials and duty–free export
of finished goods;

4. Expeditions services including Import & Export Permit through Automation with in same
day;

5. One Stop Service through OSS center;

6. Issuance of Work Permit for Foreign Expatriate;

7. Connection of Water and Electricity;

8. 24/7 security service;

9. Customs clearance at the factory site;

10. Import and Export on CM/CMP/CMT basis allowed;

11. Import from Domestic Tariff Area (DTA);

12. Intra / inter zone sub–contracting & transfer of goods allowed;

13. Sub–contracting with Export Oriented Industries inside and outside EPZ allowed;

14. No requirement of IRC (Import Registration Certificate), ERC (Export Registration
Certificate);

15. Administrative support services: Commissariat, Medical Center, Investors Club, Health
Club, etc

BEPZA offers many fiscal and non–fiscal incentives for the investors in the EPZs. Some of the
incentives are:–

The fiscal incentives
The non–fiscal incentives
1. Tax Holiday of 5–7 years

2. Duty free import of machinery, equipment & construction
materials.

3. Duty free import of raw materials.

4. Duty free export of finished goods.

5. Relief from double taxation.

6. Exemption from dividend tax for tax holiday period.

7. Taking and offering subcontracting are allowed both inside and
outside EPZ.

8. Sale of 10% finished products except garments to Domestic Tariff
Area (DTA) is allowed.

9. Sale of 10% defective finished goods to DTA is allowed subject to
approval of a committee.

10. Sale of 10% surplus raw materials to DTA is allowed.

1. No ceiling on foreign and local
Investment.

2. 100% foreign ownership permissible.

3. Full repatriation of profit, capital &
establishment.

4. Foreign currency loan from abroad
under Off–Shore Banking Unit (OBU)
facilities.

5. Non–resident Foreign Currency Deposit
(NFCD) allowed for ‘A’ type industries.

6. Operation of FC account by ‘B’ and ‘C’
type Industries allowed.

 
Rent of Plots and Slandered Factory Building (SFB)

Zone Land (US$ / SQM / YEAR)
SFB
(US$ / SQM / MONTH)
BEPZA Economic Zone
2.75 3.50
Chattogram, Dhaka, Comilla, Adamjee & Karnaphuli EPZ
2.50 2.75
Mongla, Ishwardi & Uttara EPZ
1.40 1.60
Required Documents for Permission to set up industry in EPZs:

a. Letter addressed to Executive Chairman.

b. Project Proposal for investment in concern EPZ.

c. Proforma Invoice of Machinery and equipment to be imported.

d. Copy of Money Receipt of purchasing the Project Proposal Form.

e. Memorandum & Articles of Association along with Certificate of Incorporation duly
attested by the Registrar, Joint Stock Company & Firms of Bangladesh.

f. Bank solvency certificates of the sponsors/Directors.

g. Copies of passport of sponsors/ Directors.

h. Manufacturing Process of the products.

 
 

A World Buying House -A sister concern of Maxview Group of Companies

Maxview Group have Industrial, Agricultural & Non-Agricultural Process Industries. Manufacturer,Internationally Show Rooms handles Ready-Made Orion, Export-Import,Oxide-Base Productions, Auto Bricks & Ceramic, Bleaching Powder Chemical Industry, Fair-Exgulaiser to negotiate the best terms.

Contact Us Please...

Dhaka-1000,Bangladesh

+1715-456-0124