Mahbub & Company

25 May Provision made for online opening of temporary accounts by foreign investors

Posted at 11:07h in Foreign Investment

For ease of business and for overall growth of foreign direct investment in Bangladesh, the Central Bank has issued a circular with regard to opening of temporary Non-Resident Taka Accounts (NRTA) and temporary foreign currency accounts. The Central Bank through its recent circular has provided the scope of opening temporary NRTA and...

21 Apr Sending royalty, franchise fees abroad eased by Bangladesh Bank

Posted at 11:28h in Financial Law, Foreign Investment

Domestic and foreign companies will now be able to send a limited amount of money abroad as technical assistance fee, royalty, or franchise fee without prior approval of the Bangladesh Investment Development Authority (BIDA). Earlier, in order to pay royalties, technical assistance fee, franchise fee, advance fee and contractor...

05 Apr Bangladesh Lockdown Update (April 2021)

Posted at 15:49h in Uncategorized

The government of Bangladesh has imposed a week-long, country-wide "lockdown" beginning from 5 April 2021 and ending at 11:59 PM on 11 April 2021. This was in response to the surge in the reported COVID-19 cases in recent months. In furtherance of the aim of...

09 Aug Relaxation in repatriation of proceeds of sales and transfer of shares for foreign investors

Posted at 03:25h in Business, Financial Law, Foreign Investment

The Bangladesh Bank has untied its policies to a certain extent with regard to repatriation of sales proceeds of shares held in non-listed companies by foreign investors. In this regard, the Foreign Exchange Invest Department (FEID) of Bangladesh Bank has issued a circular letter on 18 June, 2020, addressing all...

26 Jul The Future of Commercial Dispute Resolution: M&C Webinar Report

Posted at 10:34h in Dispute Resolution

CLICK HERE TO WATCH THE FULL VIDEO On 16th July 2020, Mahbub & Company organised a webinar titled “The Future of Commercial Dispute Resolution” which focussed on the current technological response by the institutions of commercial dispute resolution to the global pandemic and its sustainability in the future, as well...

Blog

25 May Provision made for online opening of temporary accounts by foreign investors

21 Apr Sending royalty, franchise fees abroad eased by Bangladesh Bank

05 Apr Bangladesh Lockdown Update (April 2021)

09 Aug Relaxation in repatriation of proceeds of sales and transfer of shares for foreign investors

26 Jul The Future of Commercial Dispute Resolution: M&C Webinar Report

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