Dr. Ilyas Zafar


Founder & Sr. Partner

South Asia

Rana Munir Hussain


Senior Partner

Lahore, Pakistan

Shagufta Jabeen


Business Law Consultant

Durban, South Africa

Verda Hussain


Business Law Consultant

Karachi, Pakistan

Waseem Akram Bhatti


Business Law Consultant

Manchester, UK

Imran-ul-Haq Khan


Senior Litigator

Quetta, Pakistan

M. Ilyas Mian


Senior Litigator

Rawalpindi, Pakistan

M. Nadeem Qureshi


Senior Litigator

Karachi, Pakistan

Zafar-ullah Khan Khakhwani


Senior Litigator

Multan, Pakistan

Waseem Ashfaq


Chartered Accountant

Lahore, Pakistan

Muneeb Zafar


Business Law Consultant

Lahore, Pakistan

Syed Nasir Ali Gilani


Business Law Associate

Lahore, Pakistan

Iram Fatima


Business Law Associate

Lahore, Pakistan

Sana Hassan Tariq


Business Law Associate

Lahore, Pakistan

:: Core Competencies

  • Commercial Law
  • Company Law
  • Contract Enforcement
  • Corporate Governance
  • Corporate Law
  • E-Commerce
  • Franchising
  • Investment Law
  • Joint Ventures

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:: Investment Law in Pakistan

Investment Law

Here you may find information about investment law in Pakistan. Our dedicated team of professional lawyers best assists their clients as investment law in Pakistan.

Pakistan is a land of many splendours and opportunities, repository of a unique blend of history and culture of the east and the west, and is the cradle of one of the oldest civilisation. It is a populous country with 130 million tough, conscientious and hardworking people. It is strategically located at the cross roads of the Gulf States, Central Asia and South-Asia and share borders with China, Iran, Afghanistan and India and while the Arabian Sea to the South offers a vast coastline for maritime trade.

The geographical location has thus made possible the foreign and domestic investment very auspicious to this country, transfer of technology from abroad and shifting of indigenously produced technology overseas. Priority industrial sectors in Pakistan are Value added Agro Industries, Supporting Industries, Information Technology and related services, Corporate Farming, Resource based Industries, Light Industries, Infrastructure and related services and Tourism Development.



Value-added Agro Industries

  • Fruits & Vegetables

  • Livestock & Dairy

  • Fisheries

  • Horticulture

Supporting Industries

  • Textiles

  • Garments

  • Automotive

  • Electrical & Electronics

Information Technology and Related Services

A wide range of activities from software to telecommunication services

Corporate Farming

Modern farming to develop Pakistan's agricultural sector

Resource-based Industries

  • Oil & Gas

  • Petrochemicals

  • Chemicals

  • Other Minerals

Light Industries

  • Surgical Instruments

  • Bicycles

  • Electrical Appliances (Fans)

  • Bus Body-Building

  • Gems & Jewelry

  • Leather and Leather Products

Infrastructure and Related Services

  • Hydro Electric Power Generation

  • Roads (Highways, Motorways)

  • Railways

  • Ports and Port Handling Activities

  • Gas and Oil Pipelines

  • Urban Mass Transit

  • Storage Facilities for Agricultural Produce

  • Cool Chains (For Agro Business)

A Base for the Emerging Markets of the Central Asian Republics

Pakistan provides an ideal base for exploring and supplying the growing markets of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan, not to mention other neighbouring countries.

To make Pakistan a safe and profitable haven for both local and foreign investors who wish to explore and optimise the potential of inexpensive labour force, real estate and vast consumer market, the government has offered many attractive packages of incentives and ZA–LLP is endeavouring its best to invite the prospective investors to facilitate them to take the maximum benefit. In order to do so we render wide range of services as Management and Investment Consultants in large number of fields to provide a greater choice to the domestic and foreign investors. The investors who want to make study for unforeseen problems may contact us for our reports on any project of their choice.

Why Invest in Pakistan

Pakistan, the cradle of one of the world's oldest civilisations, is a land of many splendors, from the highest peaks of Himalayas through the green valleys of Indus to the Arabian Sea. Pakistan is the 9th most populous country of the world with 140 million people. Flanked by Iran and land-locked Afghanistan in the West and the Central Asian Republics and China in the North, with proximity to the affluent Middle East, Pakistan offers a vast market of over 200 million consumers. Pakistan with its warm water ports and railway networks offer shortest route to supply goods and services to the Central Asian Republics.



Abundant Land and Natural Resources

  • Extensive Agricultural Land

  • Crop Production (Wheat, Cotton, Rice, Fruit and Vegetables)

  • Mineral Reserves (Coal, Crude Oil, Natural Gas, Copper, Iron Ore, Gypsum, etc.)

  • Fisheries and Livestock Production

Strong Human Resources

  • English Speaking Workforce

  • 36 Million Labour Force, Adaptable, Well Motivated and Disciplined

  • Highly Skilled Labour, Available at an Average Monthly Salary of US$ 150

  • Large Corps of Experienced Managers, Engineers, Computer Professionals, Scientists, Bankers and Financiers

Large and Growing Domestic Markets

  • 146 Million Consumers with Growing Incomes

  • A Growing Middle-Class Moving to Sophisticated Consumption Habits

Well Established Infrastructure and Legal Systems

  • Comprehensive Road, Rail and Sea Links

  • Direct Air Links with more than 50 countries

  • Extra Qualitative Telecommunication and IT Services

  • Modern Corporate Law

  • Long Standing Corporate Culture

Strategic Location as a Regional Hub

  • Principal Gateway to the Central Asia Republics

  • Highly Developed Ports with Containers and Specialised Terminals

  • Strong and Long-standing Links with the Middle East and South Asia

  • Comprehensive Duty-free Facilities for Investors


  • Abolition of Government Approvals for Investment

  • Removal of Foreign Exchange Controls

  • Foreign Investors allowed to hold 100% Equity in Local Companies

  • No Restrictions on Royalty and Technical Fee Payments by Local Companies

  • Full Repatriation of Capital, Capital Gains and Dividends allowed

Trade Liberalisation

  • Completely Deregulated, Liberalized Economy based on Market Forces

  • Import and Export Trade allowed to Foreign Companies registered in Pakistan

  • Macro Economic Structural Adjustment Program Successfully Under Way

  • Inflation is within Single Digits

  • Declining Tariff Rates on Imports, creating an almost Free Trade Regime

  • Foreigners have Free Access to Pakistani Capital Markets

Tax Reforms

  • A tax credit equivalent to 10% of the amount so invested for the purpose of balancing, modernisation and replacement of the plant and machinery, already installed in an industrial undertaking.

  • There is also a further tax credit for a Company, an industrial undertaking established before the first day of July, 2011 till 30th June, 2016.

  • Where a Company opts for enlistment in any registered Stock Exchange in Pakistan, a tax credit equal to 15% shall be allowed.

  • Tax credit equivalent to 100% of tax payable to an industrial undertaking shall be allowed, for a period of five years if it establishes itself between the first day of July, 2011 and 30th day of June 2016.

  • 10% tax credit shall be allowed to a person registered under the Sales Tax Act, 1990, if ninety percent his sales made to a registered person.

  • Income from the export of computer software and IT services is exempt up to June 30, 2016.

Capital Market Reforms

  • Three-Year Extension on Capital Gains Tax Exemption through Capital Markets Reform Package

  • Removal of Turnover Tax on Mutual Funds and Bonus Issues

  • Permission for Provident Funds to Invest up to 20% of Total Assets in Equity

Ease of Doing Business

Ease of Doing Business Chart


Economies are ranked on their ease of doing business, from 1 - 183, with first place being the highest. The ease of doing business index averages the economy's percentile rankings on 10 topics, made up of a variety of indicators, giving equal weight to each topic. The rankings are from the Doing Business 2010-12 reports.

The World Bank recognized Pakistan, 105th rank in Ease of Doing Business, while the 90th rank in starting a business in the world, in its annual 'Doing Business' report.

The Ease of Doing Business Index is an index created by the World Bank. Higher rankings indicate better, usually simpler, regulations for businesses and stronger protections of property rights.

:: Featured Domains Associated With Investment Law Practice

Commercial Law

Company Law

Contract Enforcement

Commercial Law Company Law Contract Enforcement

Our aim is to always to add value to our clients' businesses by assisting them to achieve their commercial objectives in the most practical way. Click here to find more.

Our clients include companies of all sizes in many industries and the institutions that finance their operations and growth. Click here to find more.

We focus on helping clients maintain their current and long-term competitive positions, by advising them at every step in contracting process. Click here to find more.

Corporate Governance

Corporate Law


Corporate Governance Corporate Law E-Commerce

Corporate governance is a term that refers broadly to the rules, processes, or laws by which businesses are operated, regulated, and controlled. Click here to find more.

Our range of corporate legal services will enable you to safely implement a variety of corporate law transactions in a cost-effective manner. Click here to find more.

There are a number of E-commerce laws and guidelines to follow when operating in the E-commerce world. Click here to find more.


Investment Law

Joint Ventures

Franchising Investment Law Joint Ventures

We've gained substantial expertise in helping companies with strong unit economics use franchising as a means of exploiting market opportunities. Click here to find more.

The investors who want to make study for unforeseen problems may contact us for our reports on any project of their choice. Click here to find more.

A Joint Venture is a legal organization that takes the form of a short term partnership in which the persons jointly undertake a transaction for mutual profit. Click here to find more.

The index is based on the study of laws and regulations, with the input and verification by more than 5,000 government officials, lawyers, business consultants, accountants and other professionals who routinely advise on or administer legal and regulatory requirements.

The Ease of Doing Business index is meant to measure regulations directly affecting businesses. A nation's ranking on the index is based on the average of 10 subindices:

  • Starting a Business - Procedures, time, cost and minimum capital to open a new business

  • Dealing with Licenses - Procedures, time and cost of business inspections and licensing (construction industry)

  • Hiring and Firing of Workers - Difficulty of hiring index, rigidity of hours of index, difficulty of firing index, hiring cost and firing cost

  • Registering Property - Procedures, time and cost to register commercial real estate

  • Getting Credit - Strength of legal rights index, depth of credit information index

  • Protecting Investors - Indices on the extent of disclosure, extent of director liability and ease of shareholder suits

  • Paying Taxes - Number of taxes paid, hours per year spent preparing tax returns and total tax payable as share of gross profit

  • Trading Across Borders - Number of documents, number of signatures and time necessary to export and import

  • Enforcing Contracts - Procedures, time and cost to enforce a debt contract

  • Closing a Business - Time and cost to close down a business, and recovery rate

Key Reasons To Invest In Pakistan

Geo-strategic Location

Located in the heart of Asia, Pakistan is the gateway to the energy rich Central Asian States, the financially liquid Gulf States and the economically advanced Far Eastern tigers. This strategic advantage alone makes Pakistan a marketplace teeming with possibilities.

Trained Workforce

A large part of the workforce is proficient in English, hardworking and intelligent. Pakistan possesses a large pool of trained and experienced engineers, bankers, lawyers and other professionals with many having substantial international experience.

Economic Outlook

Pakistan is one of the fastest growing economies of the world having touched a GDP growth rate of 8.4% in 2005. Today Pakistan has over 170 million consumers with an ever growing middle class. Foreign Direct investment has risen sharply from an average of $300 million in the 1990s to over $3.7 billion in 2008-09. Fiscal deficit has declined from an average 7% of GDP in the 1990s to around 3% in recent years. And FOREX reserves have increased from $3.22 billion in 2000-01 to $11.6 billion in June 2009.

Investment Policies

Current investment policies have been tailor made to suit investor needs. Pakistan's policy trends have been consistent, with liberalization, de-regulation, privatisation, and facilitation being its foremost cornerstones.

Financial Markets

The capital markets are being modernized, and reforms have resulted in development of improved infrastructure in the stock exchanges of the country. The Securities and Exchange Commission of Pakistan has improved the regulatory environment of the stock exchanges, corporate bond market and the leasing sector. Whilst the Federal Board of Revenue has facilitated structural reform in tax and tariffs and the State Bank of Pakistan has invigorated the banking sector into high returns on investment.

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