ISLAMABAD: A Memorandum of Understanding (MOU) was signed by Chairman Federal Board of Revenue (FBR), Tariq Bajwa, Chairman Employees Old age Benefits Institution (EOBI), M. Ayub Sheikh, and Chairman Security Exchange Commission of Pakistan (SECP), Tahir Mahmood in Islamabad to facilitate businesses in their registration with these organizations.
The MOU envisages that registration of companies with one organization would mean that it would be valid for all the three organizations and they would no longer be required to register individually with each of the organization separately, said a statement.
The MoU is a step towards simplification of procedures and efforts of the government to create a conducive environment for business and investors and further improve the ease of doing business in Pakistan. The Finance Minister Senator Mohammad Ishaq Dar was also present on the occasion.
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