Bangladesh: 'One Stop Service Act' introduced to act as portal between private investors and government
For facilitating improvement of investment climate and business environment, the Government of Bangladesh has passed a new legislation: 'One Stop Service Act, 2018'. This will provide a governing framework for the recently introduced OSS Portal.
The portal will act as the single interface between private investors (local or foreign) and relevant governmnet agencies involved with different stages and process of business and investments.
Through this new legislative framework, various government services and processes & regulatory requirements related to establishment and operations of business in Bangladesh shall be streamlined and shall become more investment friendly. It is expected to increase foreign investment in the country.
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