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The cost of doing business in Bangladesh is highly competitive in comparison to other economics in the region. The following table summarizes the relevant costs typically incurred by businesses.
Summary of business costs
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Land
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US$
|
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Average price of developed land in the different industrial belts varies depending on location (price per square meter).
|
10.0-15.0
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Construction
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Average per square meter
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100-125
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Gas tariff
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Average per '000 meter |
64
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Power tariff
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Average per kW/h |
0.07
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Human resources: labor force
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Average per month depending on skill level |
50-100
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Human resources : management salaries
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Mid-level: average US$ per month depending on the skills and experience
|
400-500
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Top-level: average US$ per month depending on the experience
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1000-2500
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Sea freight (in US$ approx.) |
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Destinations
|
20'FCL* |
40'FCL |
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Major European ports
|
`900
|
1,800
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USA - east coast (NY)
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2,000
|
900
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USA - west coast (LA)
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1,900
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2,550
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Canada (Toronto/Montreal)
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2,700
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3,700
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Australia (Melbourne)
|
800
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1,600
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New Zealand (Auckland)
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1,250
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2,400
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Hong Kong
|
500
|
900
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UAE (Dubai)
|
800
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1,600
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Tax structure
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Personal income:
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On the first Tk. 165,000
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Nil
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On the next Tk. 275,000
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10%
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On the next Tk. 325,000
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15%
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| On the next Tk. 375,000 |
20% |
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On the balance
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25%
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Corporate income:
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Publicly traded company
|
27.5%
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non-publicly traded company
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37.5%
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| Bank, insurance and financial company |
45% |
| Mobile phone operator company |
45% |
* FCL=Full container load Note: The above costs are for reference purpose only. For specific and detailed information, you may contact relevant service agencies, business consultants etc.
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