Problems relating to Trade and Investment on Bangladesh
16. Employment |
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Issue |
Issue details |
Requests |
Reference |
| (1) Compulsory Employment of Bangladesh Nationals | - It is stipulated in BOI (Board of Investment Guidelines), etc., that foreign employers must observe at all times the ratio of 1to5 between the foreign expatriates and the local employees in commercial sector, and 1to 20 in industrial sector. Consequently, for example, a Foreign Investor in Commercial Department with 2-expatriates must employ minimum 10 local employees. This requirement severely impact effective business activities during the start-up phase of doing business in Bangladesh. | - It is requested that GOB deregulates or repeals the local staff employment obligations. | - BOI Policy - Immigration Rules - Board of Investment Guidelines |
| (2) Delayed and Nebulous Issuance of Visas and Work Permits | -Upon filing new Visa application or its renewal, applicants face customary monetary demand, which contravenes the corporate governance compliance requirement. Opting the normal application procedures takes an extremely long time for the visa acquisition. It materially impedes business activities. (This issue is under discussion between Bangladesh Authority and Japan Embassy / Japanese Commerce & Industry Association in Dhaka) | - BOI Policy - Immigration Rules |
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