Untitled Deck

Question 1

What is the definition of a foreign company?

Answer 1

A foreign company means any company or body corporate incorporated outside Pakistan.

This includes companies with a place of business or liaison office in Pakistan or those conducting business activities in Pakistan in specified manners.

Question 2

What are the two criteria for a foreign company in Pakistan?

Answer 2

1. Has a place of business or liaison office in Pakistan, either by itself or through an agent, physically or electronically.
2. Conducts any business activity in Pakistan in any other specified manner.

These criteria define the operational presence of a foreign company in Pakistan.