Pakistan Regulatory Modernization Initiative is a national effort towards improving business regulation.

It is helping to consolidate various sector-level business registrations including investing in the information technology sector through the e-Services portal of the Securities and Exchange Commission of Pakistan.

The integration will be instrumental in harnessing the country’s potential to attract local and foreign investment by enabling and reducing the hassle to comply with regulations for registering a business.

The one-window registration of businesses will greatly help reduce the time and cost of incorporating a business. It will bring in more investment in all sectors of the economy.

Simplifying and digitalizing business registration will help to build and restore the investors’ confidence, facilitate investment and encourage private sector business activities. Pakistan is gradually reforming its investment climate and making significant progress.

Integration of business registrations for starting a business is another milestone. The Securities And Exchange Commission Of Pakistan, Pakistan Engineering Council, Pakistan Software Export Board and Special Technology Zones Authority – STZA are working tirelessly for facilitating businesses and building investor confidence.

 

TN Media News