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Service Process Wizard

 

 

BRANCH/LIAISON OFFICE

 

Branch/Liaison Office
Board of Investment (BOI) grants permission to foreign companies to open their Branch Office and Liaison Office in Pakistan.

Branch Office: Branch Office is established by a foreign company to fulfill its contractual obligations with the public or private sector in Pakistan. Their activity will be restricted to the work mentioned in the agreement/contract signed. However they cannot undertake any commercial/trading activities.

Liaison Office: Liaison Office is established by a foreign company for promotion of product(s), provision of technical advice & assistance, exploring the possibility of joint collaboration and export promotion. However they cannot undertake any commercial/trading activities.

Period of Permission: The permission shall be issued for a period of 1-5 years.

Renewal: The permission granted by BOI shall be renewable subject to provision of all required documents and fees.

 

 Step1:   Required Documents (one original and five copies along-with a soft copy via email: registration@pakboi.gov.pk):

  • Application form (duly filled in and signed with stamp).

  • Copy of registration of company duly attested by respective Pak Embassy.

  • Copy of Article of Memorandum of Association duly attested by Pak Embassy.

  • Copy of Resolution/Authority letter of the company to establish Branch/Liaison Office in Pakistan.

  • Company Profile.

  • CV of Designated person authorized to act on behalf of the company + Passport copy/CNIC.

  • Copy of contract agreement (in case of Branch office only).

  • One original set and five copies are requested of all above documents

  • Fees 3000/2000 US $ for Branch/Liaison office respectively for initial period of one year. 1500 US $ for Sub-Office of Branch Office and 1000 US$ for Sub-Office of Liaison Office. The amount shall be deposited in the Board of Investment Account being maintained with National Bank of Pakistan, Main Branch, Civic Centre, Islamabad. Details of Account are:-

  • a)     Title of Account: Board of Investment

    b)    PLS Account No. 44991-2,

    c)     Branch Code - 0341.

    d)    Swift Code- NBPAPKKA02I

    e)     IBAN – PK07NBPA0341003035205436

    Renewal of Branch Office

    ·        Copy of valid Contract agreements along with their duration.

    ·        Income Tax Returns (for the last 03 years)

    ·        Copy of latest Financial Statement (duly audited)

    ·        Proceeds Realization Certificates

    ·       Renewal Charges for each year @ US $ 1000 per year (1-5 years renewal based on the request of the company).

     

    Renewal of Liaison Office

    ·        Performance/Activity Report

    ·        Receipt and Payment Statement

    ·        Proceeds Realization Certificates.

    ·     Renewal Charges for each year @ US $ 500 per year (1-5 years renewal based on the    request of the company).

 

Step-2: Evaluation

 

  • On receipt of above documents BOI examines the documents and circulates the same to all concerned quarters for their comments, views/NOC.

Step-3: Issuance of Permission

 

  • BOI issues permission after completion of 7 weeks time period. The said permission shall be liable to be cancelled, if adverse remarks are reported or NOC is not supported by any concerned quarter at later stage.
  • Please click for more information

 Note: The fee offered on services by BoI are REVISED/LEVIED w.e.f. 01st January, 2017
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