Foreign shareholding in logistics companies providing freight clearing and forwarding services is limited to 49% since 2017 (up from 40% applicable in the previous year).
"2. Definitions.- Unless there is anything contrary to the subject or context, in these Rules-
(a) "Act" means the Customs Act, 1969 (Act No. IV of 1969);
(b) "customs agent" means any person or establishment engaged in carrying out any work related to the entry or exit of any vehicle or the import or export of any goods or baggage, whether or not for the purposes of section 207 of the Act;  
[...]
8. Restrictions on grant of licence.- Notwithstanding anything contained in other provisions of these Rules, no license shall be granted under these Rules to a wholly foreign owned establishment: 
However, it is provided that the company established under domestic and foreign joint ownership will be eligible to get a license, if the amount of shares held by the foreign owner or owners does not exceed 40 (forty) percent of the total shares of the said company.[...]" (Customs and Freight Agents Licensing Rules, 2016, as amended [google translation]). 
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"SRO No. 247-Act/2017/62/Customs. - Customs Act, 1969 (Act No. IV of 1969) vide section 219 (1), vide item 21 of the THIRD SCHEDULE, by virtue of the powers conferred therein, the National Board of Revenue amended the Customs Agents Licensing Rules, 2016 as under, namely:- 
40 (forty) numbers, brackets and words mentioned in the provision 8 of the aforesaid rules. Instead the number, brackets and words "49 (fifty nine)" shall be substituted. [...]" (National Board of Revenue SRO No. 247-Act/2017/62/Customs, dated 23 July 2017 [google translation])
Customs and Freight Agents Licensing Rules, 2016, as amended [google translation]
National Board of Revenue SRO No. 247-Act/2017/62/Customs, dated 23 July 2017 [google translation]
[<a href="https://nbr.gov.bd/uploads/rules/16.pdf">Rule</a>],[<a href="https://www.bangladeshtradeportal.gov.bd/index.php?r=site/display&id=990">Amend</a>]