Strategically-located in South Asia, Pakistan is at the crossroads between East and West Asia. Pakistan’s geographical location, a rapidly expanding transportation and communications infrastructure, and conducive business environment make it an investor-friendly destination.
The Government of Pakistan has a streamlined government regulatory process and one of the most attractive incentives program for IT & ITeS investment in the region:
– Zero income tax on IT & ITeS exports till June 2025.
– Zero Income tax for PSEB registered IT start-ups (3 years).
– 100% foreign ownership of IT & ITeS companies.
– 100% repatriation of profits to foreign IT & ITeS investors.
– Tax holiday for venture capital funds till 2024.
– Up to 70% on annual operational expenses by investing in IT & ITeS sector in Pakistan. On average, the annual cost for a software engineer in Pakistan is one fifth of the cost in USA and Europe.
– Accelerated depreciation of 30% on computer equipment.
– Provision of low rent space in Software Technology Parks (STPs), with fiber-optic connectivity
Pakistan has more than 15 IT parks with IT-enabled infrastructure with more being planned in future.
Pakistan has more than 2,500 IT & ITeS-BPO companies out of which 110 are certified in quality standards such as ISO 9001 and ISO 27001 and 22 are certified in Carnegie Mellon’s CMMI standard. This guarantees the quality of their software development processes and products.
Pakistan has more than 750 call centers with expertise in both inbound and outbound calling including technical support and telemarketing.
Pakistan has more than 300,000 English-speaking IT & ITeS-BPO professionals and graduates and this pool is growing every year.
Many international IT firms have established offices in Pakistan including IBM®, Intel®, Cisco®, Microsoft®, Oracle®, SAP®, Teradata®, Mentor Graphics®, Bentley®, S&P Global®, Ciklum® and many more indicating strong confidence of the international players on the competence of the Pakistan’s IT & ITeS-BPO workforce and encouraging investment policies of the government.
Pakistani IT companies have world’s largest companies amongst their clients including Halliburton®, Motorola®, GE®, BMW®, Toyota®, Daimler Chrysler®, AT&T®, Vodafone®, e-Bay®, Pepsi®, Deutsche Telecom®, DHL®, KPMG®, ABN Amro®, NYSE®, British Petroleum®, Petronas®, Caltex®, Sears®, Telenor®, and many more.
Pakistani IT companies have received recognition and awards at International events such as Asia Pacific Information and Communication Technology Awards (APICTA). Since 2010, more than 20 Pakistani IT companies have won gold or silver awards at APICTA in different categories including e-learning, e-health, e-government, security, supply chain management, communications, and financial applications. This is a testament to the immense IT potential of Pakistan.
With 3G/4G service, over 85% of telecommunication infrastructure on fiber-optic cables and internet access in over 2,000 cities/towns across Pakistan, now is the right time for foreign and local investors to consider investing in the lucrative IT & ITeS-BPO sector of Pakistan to generate high ROIs.
Tremendous investments opportunities are available, such as company acquisitions and mergers, high growth IT startups, venture capital funds, IT parks, software research & development centers, BPO centers, technology incubators, gaming and animation studios, IT global consulting centers, data centers, and contact centers.