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Bangladesh Introduces Tax Exemption for Renewable Energy Projects

|Approved Changes|Bangladesh
Bangladesh

Bangladesh has published SRO No. 400-Act/Income Tax-54/2024 of 26 November 2024, which provides an income tax exemption for qualifying renewable energy projects. The exemption is available for a period of 15 years as follows for renewable energy projects or power plants that start commercial production between 1 July 2025 and 30 June 2030:

  • First 10 years - 100% exemption
  • Next 3 years - 50% ex…

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