Investors get approval for remittance, royalty fees within a click: BIDA

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Investors will get approval within one click from the Bangladesh Investment Development Authority (BIDA) for remittance, royalty and technical know-how fees of the outbound reimbursement.

The information was revealed today at the 58th meeting of the BIDA at its headquarters in the city, said a press release. BIDA Executive Chairman Kazi Aminul Islam presided over the meeting.

At the meeting, Aminul Islam launched the service by approving the technical know-how fee of the Techno Drugs Limited, technical assistant fee of the SS Steel Private Limited and franchise fee of the MiniCo Hongkong Limited.

In his speech, Aminul Islam said if any company submits its application properly in BIDA website; the company will get the approval within one click.

(BBS)