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Investment Climate!

Investment Climate!

Investment Policy-2013 and FDI Strategy 2013-17 focus on curtaling the cost of doing bussiness to enchance Pakistan´s international competiveness in attracting, starting and long-term continuation of bussiness, industrial, and financial operations, cutting down the red tape, procedures and processes. It proposees liberalization of economy with emphasis on investors facilitation, investment protection, removing regulatory impediments, public-private partnership and coordination amongst stakeholders. It also covers the idea of linking trade industrial and monetary policies for greater convergence and to facilitate market entry…

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Highlights of Investment Policy, 2013!

Highlights of Investment Policy, 2013!

i. Equal treatment to local and foreing investors. ii. All economic sectors open to FDI expect a few specified industries like arms and ammunition, explosives, radioacticve substances, security printing, currency and mint. iii. Foreign equity up to 100% is allowed without any minimum requirement of investment. iv. Remittances of royality, technical and franchise fee, dividens, capital and prifits are allowed. v. Foreign Investments is fully protected by following Acts: i. Private Investment (Promotion & Protection)Act, 1976 ii. Protection of Economic…

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Focus of Investment Regime in Pakistan

Focus of Investment Regime in Pakistan

The first Investment Policy was framed by BOI in 1997 which opened all economic sectors including infrastructure, social, and services for forein investment. Keeping in view the importance of investment for economic growth and fast economic globalization trends around the world, Investment Policy 2013 was formulated to further improve the investment climate in the country. Main objectives of Investment Policy 2013 are given below: i. Reducing the cost and processes of doing business ii. Providing ease of doing business with…

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Mandate of BOI

Mandate of BOI

BOI is an intermediary of the GOVERMENT of Pakistan (GoP) between the public and the private sectors. Its mandate encompasses (a) policy reforms to frame and update business friendly policies and regulatory reforms; (b) Investment Promotion to identify and highlight promissing opportunities/projects; (c) Investment Faciliation at alle the stages of the investment cycle and also provide guidance, authentic information, coordination, resulution of difficulties and security clearence for work visas and opening of liason/branch offices; (d) To build investors` confidence, introduce…

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Board of Investment (BOI) as Investment Facilitating Agency!

Board of Investment (BOI) as Investment Facilitating Agency!

Board og Investment (BOI) being the premier body is mandated to promote, encourage and faciliate both local and foreing investments in the country. BOI acts as a focal point to assist investors and provides them all necessary infomation and assistance for speedy materialization of their projects. The BOI Board is headed by the honourable Prime Minister of Pakistan.

Møde på Børsen

Møde på Børsen

Den Pakistanske ambassadør H.E. Ahmad Farooq havde i samarbejde med Danish Pakistani Business Council møde med Dansk Erhverv på Børsen. Brian Mikkelsen CEO, salgsdirektør Jesper Juhl Jensen, og Michael Bremerskov Jensen, leder af afdelingen for international handel fra Danske Erhverv samt repræsentant fra udenrigsministeriet Siva Jamal Aziz . Fra Danish Pakistani Business Council, mødte Tariq Sundoo CEO, Tommy Häggmark og ​​Munawar Hussain og pressesekretær Louise Jensen. Formålet var at styrke handel mellem Pakistan og Danmark, idet Pakistan har den mest…

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Visa on Arrival for Tourists

Visa on Arrival for Tourists

Visa on Arrival for tourists Tourists from the following 24 Tourist Friendly Countries (TFC) can also enter Pakistan with a Visa on Arrival. Map of the 24 Tourist Friendly Countries Among countries who are part of the Tourist Friendly Countries (TFC) are: Austria, France, Singapore, Belgium, Germany, Luxembourg, Spain, Canada, Greece, Malaysia, Sweden, China, Iceland, Netherlands, Thailand, Denmark, Italy, Norway, U.K., Finland, Japan, Portugal, U.S.A. Visa on Arrival will be valid for 30 days and allows multiple entries. Designated Tour…

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Short-term visas in Pakistan

Short-term visas in Pakistan

Short-term visas in Pakistan Visa on Arrival for businessmen in the Business Friendly List Visa on Arrival is another alternative for businessmen from countries in the Business Friendly List. It takes less time to obtain, however, this visa is valid for 30 days only. You can get this visa upon the production of the following documents: Recommendation letter from CC&I of the respective country of the foreigner Invitation letter from Business organization duly recommended by the concerned Trade Organization/Association in…

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Work Visa

Work Visa

Work Visa If you acquired an employment in Pakistan, keep in mind that you also need a work visa. This visa allows its holder to stay in Pakistan for 1 year and take up employment within the country. During this period, you can exit and re-enter the country. Also, you can extend your work visa every year. How to apply for a work visa in Pakistan Your work visa application will be first sent to the Directorate General of Immigration…

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How to apply for a business visa in Pakistan.

How to apply for a business visa in Pakistan.

How to apply for a business visa in Pakistan? When applying for a business visa, the following documents are needed: Recommendation letter from Chamber of Commerce and Industries (CC&I) of the respective country of the foreigner Invitation letter from Business organization duly recommended by the concerned Trade Organization/Association in Pakistan Recommendation letter by Honorary Investment Counselor of BOI/Commercial Attached posted at Missions abroad Furthermore, a business visa in Pakistan requires a corporate sponsor for the holder. Emerhub can help you find a…

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