ISLAMABAD: Pakistan is providing conducive environment for foreign investors as it offers tax exemptions and discounted rates in tariffs without imposing any restriction on the transfer of profits to their home countries.
Federal Board of Revenue (FBR) Chairman Tariq Bajwa stated this while talking to executives of a multinational organisation in a round-table conference organised by the Board of Investment.
The FBR chairman also briefed the participants on the tax system of Pakistan and informed them that transparency in the systems was the key objective of the FBR.
A number of multinational companies are running their businesses in Pakistan, which are facilitated on priority basis by the department, Bajwa said, adding that the government is also taking steps to facilitate foreign investors.
He informed the investors about the attractive sectors where they could get more exemptions and benefits, besides ensuring them of FBR’s complete assistance.
