Islamabad August 10 2021: Steps have been agreed with Finance Minister upon today to facilitate Opening Foreign Currency Accounts under the FCA regime for IT and ITes Industry, Startups and Freelancers, as per information shared by Ministry of IT and Telecom.
Directions have been given by Finance Minister to resolve profit repatriation issues of Multinational Techonology Companies.
These steps will help to attract Foreign Direct Investment (FDI) towards Pakistan’s tech sector, enable high worth job growth, and enhance export income for the country.