Tag: patent registration
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…
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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…
COPYRIGHT REGISTRATION IN PAKISTAN
COPYRIGHT REGISTRATION IN PAKISTAN Before we explain, the procedure and requirements for copyright registration in Pakistan, it is essential to understand what a copyright actually is? Copyright is literally, the right to copy, though in legal terms “the right to control copying” is more accurate. Copyright are exclusive statutory rights to exercise control over copying…
Hotel/Restraunt Registration and Taxation Law in Pakistan
Hotel/Restraunt Registration is mandatory for a food supplier in order to commence business in Pakistan. In Pakistan Law relating to food items which may or may not be served in hotels and restraunts is administered under various statutes and rules.The Pakistan Hotels and Restaurants Act, 1976 and The Pakistan Hotels and Restaurants Rules, 1977 were incorporated for…
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Real Estate / Property Registration and Taxation Implications in Pakistan
WHAT IS PROPERTY/REAL ESTATE LAW? Property law is the area of law that governs the various form of ownership in real property (land as distinct from personal or movable possessions) and in personal property, within the common law legal system. In the civil law system, there is a division between movable and immovable property. Movable…
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What is the Process of Trademark Registration in Pakistan?
Following are the Steps for trademark registration in pakistan: Search before filing of Application. Filing of Application. Preliminary Examination. Final order for Publication. Printing in Trademarks Journal. Opposition Procedure. Issuance of Registration Certificate. Renewal of the Registration. Post Registration matters. Rectification Procedure.
How will i get taxed in Pakistan, Directly or Indirectly?
In Pakistan two tax regimes are working in income tax and tax liability is the sum of the two. a) Normal Tax Regime (NTR) calculated on the basis of net profit adjusted for tax deductibles and tax non-deductibles. b) Final Tax Regime (FTR) previously known as presumptive tax regime (PTR) which is lesser than normal…
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What are the Steps/Process for Company Formation/Incorporation in Pakistan?
The Steps to formation/incorporation of a company in pakistan are as follows; Seek Approval from the concerned ministry if special permission before incorporation/formation of a company in Pakista is required Seek approval for the availability of the proposed name. File a range of documents to the Registrar which varies from company to company depnding on whether it is a single member company,…
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What are the types of Businesses a person / company can start in Pakistan?
A person who intends to start/form a business in pakistan can work as any of the following given proper approvals and licenses are acquired by the individual/person : A sole trader A sole service provider A partnership (partnership can be from two members to twenty members) usuall Doctors, Accountants and Lawyers An association not for profit A…
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