start-up Archives - Pkrevenue.com

Five-year old enterprise to be treated as start-up

March 29, 2022April 26, 2025Faisal Shahnawaz

KARACHI: The State Bank of Pakistan (SBP) has revised its regulatory framework concerning small and medium enterprises (SMEs), including a significant redefinition of what constitutes a start-up.

FBR asked to facilitate startups, e-commerce

January 18, 2022January 18, 2022Mrs. Anjum Shahnawaz

ISLAMABAD: Federal Board of Revenue (FBR) has been asked to facilitate startups and e-commerce across border exporters in the country. Special Assistant to the Prime Minister (SAPM) on E-Commerce, Senator Aon Abbas Buppi on Tuesday issued the directives at a meeting with FBR Chairman Dr. Muhammad Ashfaq. The SAPM also stated that startups is a […]

SEC Pakistan amends regulations to facilitate startups

November 25, 2021November 25, 2021Hamza Shahnawaz

ISLAMABAD: The Securities and Exchange Company of Pakistan (SEC Pakistan) has amended regulations to facilitate startups and small companies in raising equities through conventional modes. The regulator introduced amendments in the Companies (Further Issue of Shares) Regulations, 2020 to address the impediments faced by the corporate sector, particularly startups and small companies, in raising equity […]

PKIC to make Rs500 million investment in Planet N

June 3, 2021June 3, 2021Mrs. Anjum Shahnawaz

KARACHI: Pakistan Kuwait Investment Company (Private) Limited (PKIC) announces that it is making an equity investment of Rs500 million in Planet N (Private) Limited. This is the largest equity investment by a local Financial Institution in a Tech Investment Platform in Pakistan. It was approved by the Board of PKIC in December, 2020. This investment […]

State Bank modernizes forex rules to facilitate startups, fintechs

February 10, 2021February 10, 2021Mrs. Anjum Shahnawaz

KARACHI: State Bank of Pakistan (SBP) has modernized foreign exchange regulations to facilitate startups, Fintechs and exports, a statement said on Wednesday. The central bank notified revisions in chapter 20 of the Foreign Exchange Manual to facilitate Start-ups, Fintechs and Exports. The new policy for equity investment abroad will attract foreign direct investment through the […]

SECP drafts framework to facilitate startups in Pakistan

January 8, 2020November 25, 2021Faisal Shahnawaz

ISLAMABAD: Securities and Exchange Company of Pakistan (SEC Pakistan) has issued draft regulatory framework to facilitate startups in the country. The SECP said that with the objective to promote growth in the startups sector of Pakistan, it is necessary to make relevant changes in Company Law to facilitate the incorporation process for the startups and […]

Tag: start-up