NOC requirement from MoI eliminated for reappointment of Foreign Directors
Elimination of requirement of fresh NOC from Ministry of Interior (MoI) in case a foreign individual is reappointed as Director in the same company or any other company and fixation of timelines for NOC for new Foreign Directors in local company Reform ID F085 Reform Description Before: For reappointment or appointment of a foreign director in another company, fresh NOC…
Customs Registration of Exporters Simplified
Customs Introduced an integrated automated system for registration of Exporters with online data exchange with other concerned departments such as SECP, NADRA etc. Reform ID F084 Reform Description Before: Exporters need to register as users in the WeBOC system of FBR which required more than twenty documents and also required exporters to physically visit concerned offices for physical verification. After: Now registration of exporters is done through an integrated…