FAQs

How is Foreign Investment administered in Pakistan?

Foreign direct investment (FDI) refers to long term participation by  a country A into country B (in this case Pakistan) . It usually involves participation in management, joint-venture, transfer of technology and expertise. There are two types of FDI:  Inward foreign direct investment and;  Outward foreign direct investment resulting in a net FDI inflow (positive […]

FAQs Pakistan Taxation

Is there any Federal Excise Duty and/or special excise duty in Pakistan Law?

Federal Excise duty formerly known as Central Excised Duty is Levied by the government of Pakistan as Federal Tax on the following:  Goods produced or manufactured in Pakistan Goods imported into Pakistan Such goods as the Federal Government may, by notification in the official Gazette, specify, as are produced or manufactured in the non-tariff areas […]

Company Incorporation FAQs Foreign Investment In Pakistan Investment in Pakistan

How to do Foreign Investment in pakistan?

Various Corporate structures are available for setting up a place of business in Pakistan for which Masood and Masood, Corporate and Legal Consultants can gice you the best advice in all of Pakistan Law Firms. In terms of the Investment Policy of the Government of Pakistan, there are three (03) ways, whereby, a foreign company may […]

FAQs Pakistan Taxation

Has Pakistan entered into Agreement for Avoidance of Double Taxation with other countries?

The Government of Pakistan has so far signed agreements to avoid double taxation with 47 countries including almost all the developed countries of the world and such agreements are being signed with other countries as well. These agreements lay down the ceilings on tax rates applicable to different types of income arising in Pakistan. They also […]

FAQs Pakistan Taxation

What are the Federal Taxes Applicable in Pakistan?

Following are major taxes collected vide law and legislation levied by the Pakistan Federal government. Federal Government Taxes: Income Tax Super Tax Wealth Tax Gift tax Turnover Tax Corporate Asset Tax Corporate Income Tax (A) Import Duties Import Surcharge Export Duties Iqra Surcharge Income Tax on imports Import Licence Fee Import Registration Fee Export Registration Fee […]