2nd
In South Asia for ease of doing business
Top 10
Improver in accelerated business climate reform
4th
Among Freelancers Markets Globally
70%
Increase in IT exports over the last 3 years
20k
IT graduates enter the domestic market annually .
As we work to facilitate the national innovation and entrepreneurship ecosystem, the world-class technology destinations across Pakistan will offer unmatched & extraordinary incentives.
Zone Developers are the backbone of the STZs. These are public/private companies that will be responsible for development, operation and or management of the whole, or a part of the whole, STZ and licensed by the Authority
Exemption from all taxes on income accruable in relation to the development and operations of the zones for a period of ten years, starting from the date of signing of the development agreement.
Exemption from all custom duties and taxes for a period of ten years from the date of signing of the development agreement on capital goods imported into Pakistan for consumption within zones by the Authority and zone developers.
Exemption from general sales tax (GST) on goods and services on import of plant, machinery, equipment and raw-materials for consumption of these items within zones by the Authority and zone developers.
Zone Enterprises are responsible for the drivers of innovation culture within STZs by operating and managing a technological enterprise within the zone and licensed by the Authority.
Exemption from all income taxes (withholding tax, presumptive tax) for a period of ten years.
Exemption from property tax for ten years from the date of issuance of license by the Authority.
Exemption from all custom duties and taxes for a period of ten years from the date of issuance of license by the Authority on capital goods.
Exemption from G.S.T on goods and services on import of plant, machinery, equipment and raw-materials for consumption of these items within zones by the Authority.
Tax exemption on dividend income and long-term capital gains from investments in a venture capital (VC) undertaking for a period of ten years.