FOREIGN COMPANY
IN PAKISTAN : Pakistan is emerging as a new paradise
for the investment by any foreign company . Pakistani
market is a good destination for a foreign company to
invest because of the liberal investment policy and
reforms of the pakistani government . Currently there
are operating over 600 foreign companies in pakistan
. Some of the reason that contribute towards the increase
in investment from the foreign companies in pakistan
are the :
security of investment from the Pakistani government
is the major reason for any foreign company to invest
in Pakistan moreover the stability and predictability
of Pakistan's economy and availability of the liquidity
for the foreign companies , opportunities to expand
the infrastructure and availability of Cheap labour
in Pakistani market help alot in attracting the foreign
companies for investment in pakistan . Above all these
the Large and growing domestic market that include 140
million pakistani consumers with growing incomes and
a growing middle-class moving to sophisticated consumption
attitude can entice any foreign company to invest in
Pakistani market .
Foreign companies are currently doing business in the
following sectors and helping to boost the standards
of pakistani market and economy.
chemicals and cosmetics
automotive and transport
food and beverages
financial services
energy and water
pharmaceuticals
conglomerate
banking sector
advertising
tobacco
apparel
The Areas of investment where great
prospect are present for the foreign companies are agriculture,
textile, telecom and IT, energy sector, service industry,
construction and building.
Any Foreign company looking to invest in pakistan have
a simple procedure to follow , within 30 days of the
establishment of its place of business in Pakistan the
foreign company is required to submit the following
documents to the concerned Registrar :
Certified copy of the charter, Memorandums and Articles
of the foreign company
Address of the registered or principal office of the
foreign company incorporated outside Pakistan
Address of the principal place of business of the foreign
company in Pakistan .
Complete list of the Directors, the Chief Executive
and Secretaries (if any) of the foreign company
Particulars of the principal officer of the foreign
company appointed in Pakistan
Particulars of person(s) resident in Pakistan authorised
to accept services on behalf of the foreign company
.
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