Many Dutch firms are already succesfully working in Bangladesh, and the number is growing. Diverse sectors offer opportunities for Dutch companies, including agribusiness, water, information technology, logistics and infrastructure and consulting services to name just a few.

Practical Information

Customs

Immigration Procedure: business visitors to Bangladesh will require a visa. The visa has to be obtained from the Bangladeshi diplomatic mission in the visa applicant’s country. Bangladesh issues the following categories of business visas:

  • Single-entry for three months
  • Multiple-entry for three months
  • Multiple-entry for six months
  • Multiple-entry for one year

Landing Permit / Visa on Arrival (LP/VOA): foreign investors and businesspersons can apply for a LP/VOA on arrival at the Hazrat Shahjalal International Airport, Dhaka for duration of 30 days provided:

  • The foreign investor is identified by a certificate issued by BOI or BEPZA.
  • The foreign businessperson who is directly associated with import of Bangladeshi products is identified by a certificate from the relevant associations of export-oriented commercial/industrial organizations (ie- Federation of Bangladesh Chamber of Commerce and Industry (FBCCI) or the Bangladesh Garment Manufacture and Export Association (BGMEA)).
  • LP/VOA cannot be extended under any circumstances.
  • The LP/VOA applicant must have $500 endorsed in his/her passport or in cash.
  • The LP/VOA applicant must have a return ticket.
  • The LP/VOA Fee will be determined on Reciprocity Policy with the respective countries.

Hartals

Hartals are political strikes intended to disrupt the normal functioning of society, typically for a day. This is a mode of protest against the government with a long history in South Asia and has been used often in Bangladesh by the party in opposition. A hartal bans most motorized transport on the day it is in effect but people do manage to move about and get to work. Some private-sector sources estimate the cost to the economy at up to $200 million per day (these costs include foregone earnings and lost employment and output, as well as long-term impacts due to reduced savings, indebtedness, capital losses, and reduced profitability for businesses). Hartals affect the entire production and supply chain. Their impact is not limited to shipment of export consignments only, as producers cut production to avoid stockpiling and the delivery of imported products is disrupted. Farmers who supply vegetables, fish and other agricultural and perishable goods to urban areas are also affected, and prices of essential commodities rise. There is now considerable pressure from business, the media and others to discard this particular mode of protest.