Invest in Pakistan?

Despite the political unrest, there are major investment opportunities in Pakistan. With a population of over 220 million people, there are large markets for various business activities such as retail, restaurants and hotels, real estate, education and healthcare, etc.

Investors from abroad, such as Norway, may face various challenges when starting a business in Pakistan.

‍

Firstly, the business must normally be run through an enterprise. There are several different company forms to choose from. The most common is the Private Limited Company. This form of company is the closest thing to a Norwegian limited company. The company must be registered in accordance with Pakistani law and it is required to prepare and submit a Memorandum of Association and Articles of Association. In addition, the company is required to have two "Directors". Once the company is registered, bank accounts are established and an accountant must be engaged.

‍

The necessary public permits must then be obtained for the business in question. For example, if you want to start a private school, you must apply for registration with the Ministry of Education. This requires the following:

- Approved map of the school building

- An attested Affidavit showing name of school, level, owner's name

- Copy of Rent deed / Ownership deed

- Printed Prospectus and Admission Form

- Teachers Appointment order and their Testimonials

- Building Fitness Certificate from registered engineer or registered architect

- Hygienic Condition Certificate from DHO, Health Department

- Rules & Regulations of the Institution

- Memorandum of the Association in case of Registered Body

- Registration Certificate in case of NGO / Association / Body / Registered by Authority Joint Stock / Social Welfare Department

‍

Similarly, it may be necessary to register other types of businesses.

‍

Insa advokater assists clients in registering companies, applying for the necessary permits, registering businesses and obtaining the necessary documentation and certificates. In addition, we assist investors with tax matters and marketing.