The tax administration has nominated focal point officials in its field offices to provide tax related information to foreign small and medium enterprises and prospective foreign investors regarding tax related provisions, incentives and business processes.

In each of 30 tax zones, the officials, most in the rank of joint commissioners, will provide the information, according to an order by the National Board of Revenue (NBR).

“We have nominated focal point officers to make the business process easier for foreign investors,” said an official preferring anonymity as he was not authorised to talk to the media.

The NBR took the initiative based on recommendations from Business Climate Dialogue with the European Union which has been demanding it so that foreign investors could get tax related information without facing any hassle, said the official.

The NBR sent a copy of the order to the Head of Delegation of European Union (EU), Bangladesh.