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Effib stands for Electronic Foreign Investment in Bangladesh.
Any foreign investor or entity making an investment in Bangladesh is required to file effib.
Effib can be filled out online through the designated platform provided by the Bangladesh Investment Development Authority (BIDA).
The purpose of effib is to provide transparency and track foreign investments in Bangladesh.
Information such as the details of the foreign investor, the amount of investment, sector of investment, and source of funds must be reported on effib.
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