Digital Bangladesh

Achievements of Bangladesh Though small and still developing, Bangladesh has attained international recognition for its achievement of positive changes in both social and economic indicators. In terms of Millennium Development Goals, Bangladesh has achieved remarkable progress in the areas of primary schooling, lowering the infant and under-five mortality rate and overall poverty reduction. Nobel laureate Professor Amartya Kumar Sen remarked that Bangladesh has astonished the world with the level of progress it has achieved in certain areas, especially in education, women’s empowerment, reducing birth and maternal and infant mortality rates, health care and sanitation facilities for marginalized people and immunization coverage among children. Achievement in Education Some of the effective initiatives undertaken by the government of Bangladesh in order to attain universal education include- distribution of free textbooks among 100 per cent students and introduction of scholars...

How to Open a New Bank Account There are various kinds of bank accounts. Required information for opening a bank account varies from bank to bank. Following are the most common information required with every bank. Individual and Joint Account (Salary and Current) Bank’s prescribed account opening application form (to be signed by the applicant in front of respective bank personnel), Two passport size photographs of the account holder(s) attested by the introducer, Specimen Signature card (to be signed by the applicant in front of respective bank personnel), Estimated transaction profile, and Any of the following identification documents (current valid passport/ valid driving license/ voter ID card/ armed forces ID card/ a Bangladeshi employer ID card bearing the photograph and signature of the applicant/ a certificate from any local government organization such as Union Council chairman, ward commissioner etc). TIN number. One passport size photographs of the ...

Foreign Investment Opportunities Bangladesh is trying to establish itself as the next rising star in South Asia for foreign investment. The government has implemented a number of policy reforms designed to create a more open and competitive climate for private investment, both foreign and local. The country has a genuinely democratic system of government and enjoys political stability which is a sine qua non for ensuring a favorable climate for investment and sustained development. Bangladesh has been quick to undertake major restructuring for establishing a market economy, with the major thrust coming from the private sector. The country enjoys modest but steady economic growth. Its current development strategy is based on the premise that the creation and distribution of wealth occurs through the acceleration of growth driven by competitive market forces, with the government facilitating growth and making a clean break from the practices of a controlled econom...

Trade License Trade License is being introduced in Bangladesh under the  The Municipal Corporations [ Taxation ] Rules, 2009 . It is issued when any entrepreneur applie through the license form. The process is managed by the City Corporation or city council where the business operars. A license is issued exclusively in the name of the company and such license is not transferable. A renewed Trade License is provided by the concerned staff of the zonal taxation office. A fee for trade license has to be deposited at any Bank as indicated in the Trade License form. Required Documents for Trade License: 1. In case of general Trade License - Attested Copy of Rent Receipt or Rental Agreement and also the copy of the Holding Tax payment receipt. 2.   In case of Trade license for industries - Everything mentioned in serial no. 1 plus: No objection declaration on the surrounding Location Map Copy of fire certificate Declaration on non-judicial stamp of Tk. 150/-...

Information for New Business Investors  Company Registration Requirements Trade License Related Information Paying Taxes