Bangladesh - Apply for Allotment Permit or License

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Procedure

Apply In-Person:

1. To Apply for Allotment Permit or License, the applicant has to approach Bangladesh Economic Zones Authority (BEZA) link
2. An application form will be provided to the applicant by the respective officer or it can be downloaded from the given following Link refer page no 11.
3. The applicant has to fill in all the necessary details in the application form. (Incomplete applications are not accepted)
4. Make sure that the applicant has attached all the necessary documents that are mentioned in the “Required Documents” section of this page.
5. The applicant has to attach the photocopies of the required documents along with the application form while submitting
6. Submit all the documents with the completed form to the concerned officer.
7. After receiving the application, the concerned authority will check the submitted application and document set. If all are in place, the application will be accepted.
8. An acknowledgment receipt will be provided. Please save it for future reference.
9. The fee for this procedure is mentioned in the “Fees” section of this page.
10. Then the application will be processed further. All the updates on the application status will be sent via SMS to the applicant’s mobile number.
11. Scrutiny of application will be completed within 90 (ninety) days from the date of submission of application or within such period as may be determined by the Authority.
12. All applicants will be communicated in writing about decision oftheir applications within 120 (One hundred twenty) days of submission.
13. Successful applicants will be issued provisional Letter of Allotment (LoA). They will be requested to deposit 25% of their rental dues and sign lease agreement with the Authority within 60 (sixty) days from the issuance of LoA. Second instalment of 25% will be deposited within 6(six) months of signing the lease agreement. Remaining 50% of rental dues will be payable at the time of handing over physical possession of allotted land.

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Required Documents

• Completed Application form Link
• Audited Balance Sheet of the Sponsor Company / Firm for last 3 (Three) Years
• Bank Solvency Certificates
• Guarantee/ Assurance from bank(s) for obtaining loan both home and abroad
• Conceptual Master Plan for development of the applied land
• Action plan for implementation development works & commercial operation
• Certified papers against FDI (If any)
• Earnest money to the tune of 1% of the onetime lease value of the land/10 years annual rent.
• Latest Income Tax Assessment certificate/ Tax Return for last 3 years.
• Trade license
• Certificate of Incorporation along with Memorandum & Articles of Association.
• Business plan.
• Annexures/ Schedules (If necessary)

Office Locations & Contacts

Bangladesh Economic Zones Authority (BEZA),
BDBL Bhaban(Level-15),
12 Kawran Bazar, Dhaka-1205
Phone; Off: +88 02 8180122
Cell: +88 01712-628360
Website Link
Contact details link

Eligibility

• Any company that intends to obtain Allotment Permit or License is eligible to make this application.

Fees

• The applicant has to pay the fee of US$125.00 or Bangladeshi taka10, 000.00, either by cash or Pay order.

Validity

• Leasing of Economic Zone’s land will be made for 50 years, in consideration of either for one time upfront payment of 50 years lease rent or annual lease rent as stipulated in this prospectus. Preference will be given to the applicant(s) who will apply for 50 years leasing of land in consideration of One Time Upfront payment.

Documents to Use

• Application form Link refer page no 11.

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

• All applicants will be communicated in writing about decision oftheir applications within 120 (One hundred twenty) days of submission.

Related Videos

Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.gIn the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

• Application Form has to be filled up in clear language, with all supporting documents/ attachments as mentioned in the Application Form. After submission of application, but before opening, any content(s) of Application can be altered by serving written notice to the Authority.

Required Information

• Applicant Information
  • Applying Firm or Company (Sponsor)
  • Full Address of Applicant (Firm/Company)
  • Country/Division/District
  • National ID No: TIN
  • Phone
  • Email/Website
• Authorized Information
  • Name of the correspondent Applicant Name
  • Nationality
  • Address & Contact Details
  • Division/District
  • Phone
  • E mail/Website
• Proposed Project(s)
  • Name of Economic Zone
  • Proposed Project(s)/Company name Which will carry out Business
  • Type of Business/Industry or Services
  • Type of Industry
  • Type of Company
  • Industry category
• Implementation Schedule (With annual action plan & Implementation/ Gantt chart):
• Capital/Loan Structure
• Contribution in Paid up Capital Among Shareholders
• Sponsor Shareholder (Schedule to be attached)
• Area of Land Applied for Allotment
• Type of Allotment
• Total Amount of Lease Money
• Products/ Services (As applicable- to be attached)
• Production/ Service Rendering Program (As applicable-to be attached)
• Projection of Domestic Sale/ Rendering Services (As applicable-to be attached)
• Projection of Export (As applicable-to be attached)
• Machinery and equipment (List to be provided)
• Infrastructure Requirement (Supported by Master Plan)
• Social Infrastructure (Supported by Master Plan)
• Green Environment
• Requirement of Utility supply
• Requirement of Manpower21. Financial Analysis
• Economic Analysis

Need for the Document

• Applications are invited for allotment of land in different Economic Zones of Bangladesh intending to setup Large composite industries, Specialized Utility Infrastructures, Export Oriented Industrial Enclave, Import Substitute Industries, Commercial and Social Infrastructures from bonafide investors of home and abroad.

Information which might help

Quantum of Land to offer:

• Minimum (+ -) 10 (Ten) acres of land will be leased out per block/ plot in Mirshorai Economic Zone and Feni Economic Zone;
• Proposal for vertical expansion of working space will be given preference.

Mode of Lease value Payment:

• 50 (Fifty) years lease on One time Upfront payment;
• 50 (Fifty) years lease on Annual lease rent payment.

For More Information Link

Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

External Links

Place some external links which might help.

Others

More information which might help people.