The Federal Board of Revenue (FBR) recently submitted a bill to the National Assembly secretariat proposing amendments to withdraw around 36 tax exemptions including withdrawal of income tax exemption on the export of IT & IT enabled services, and its replacement with a Tax Credit Scheme.
Usually we say we have a good idea and now we need an angel investor or investment to start working but an investor won’t invest in the startup unless the startup is a legal . . .
President Dr Arif Alvi has approved amendments in Companies Act 2017 to provide an enabling regulatory framework to facilitate startups in Pakistan. The amendments included the addition of the definition of startup company which is as following:
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In today’s world technology is one of the very important ingredient for a successful startup, but other than technology their are other things that needs to mentioned.
Usually we say we have a good idea and now we need an angel investor or investment to start working but an investor won’t invest in the startup unless the startup is a legal entity because he has to take shares in your company, he has to become a shareholder of your startup. Company Registration:…