OFF SHORE COMPANIES IN PAKISTAN : RELIABLE IT INFRASTRUCTURE AND INCENTIVES FROM GOVERNMENT MAKE PAKISTAN THE BEST OPTION FOR ESTABLISHING THE OFF SHORE OFFICES FOR THE IT SOLUTIONS PROVIDERS.
Geographicaly Pakistan is located in South East Asia having the role like a bridge between the oil rich Middle East and the emerging technology leaders countries of the Far East . Moreover the establishment and development of transportation and communications infrastructure and an environment conducive to business makes it an attractive destination for investors. That's the reason lot of foreign and multinational companies are setting up their off shore offices in Pakistan providing opportunities of teaming up with the experienced and foreign companies to the local companies of Pakistan , strengthening the knowledge base of pakistani local industry and providing the best solutions at affordable rates to the local and international customers.
The off shore companies in Pakistan are mainly of the leading IT solutions companies in USA and Europe and Pakistan is becoming the first choice for the IT solutions companies for the off shore setup . Government of Pakistan has provided and providing incentives and facilities to investors to promote the IT industry of Pakistan moreover The ready availability of skilled IT professionals, reliable and organised IT infrastructure, low rates of labour, easy and hassle free connectivity and the communication infrastructure makes Pakistan the No.1 choice for multinationals to set their off shore offices in Pakistan.
The reasons for the increasing number of IT solutions off shore companies in Pakistan are diverse however some inportant and noticing are given here for the knowledge of our visiters.
Young and energetic IT workforce with good oral and verbal English communication skills , growing with a good rate each year.
Large number of CMM and ISO-certified IT companies .
Availibility of world-class IT Parks, with extremely low rent rates .
An improving environment for intellectual properties protection.
An attractive incentive programs from the government including tax exemptions, 100% foreign equity and earnings repatriation.
Development and consultancy centers of International IT leaders such as NCR Teradata, BearingPoint, Mentor Graphics and ZTE .
Fiber optic connectivity to outside world , IT universities , libraries and conference rooms
The rate of depreciation on computer equipment is very low
Internet Merchant Accounts facility by Pakistani banks
Availibility of Redundant backup connectivity for call centers.