WHY PAKISTAN?
If you want to setup your own offshore office then Pakistan is a right place for you based on the factors few of which, are mentioned below:
Low Labor Costs: Average annual wage of a highly trained professional ranges $3,600-6,120+, whereas in other countries it is much higher (Philippines $8,000-10,000, China $6,000-8,000, India $5,000-8,000, Russia $5,000-8,000)*
Language Skills: English skills are of immense importance while working with a client globally. English is compulsory subject in Pakistani schools and colleges. Medium of instruction of all public and private sector universities is English.
Human Resource: Our principal office located in Islamabad city (capital of the country) provides the most suitable location to start such venture(s). There are over 12 universities that offer a range of technical courses covering wide dimensions of IT, liberal arts and engineering. So we have immense qualified human resources.
Affordable Real Estate: The Government of Pakistan is establishing Software Technology Parks (STPs) in all major cities. These parks are connected with fiber optic, satellite link and state of the art facilities. Rental in these parks is subsidized for such ventures and it is less than US $2/sq.ft.
Tax Free Investments: The Government of Pakistan has exempted all IT enabled services from tax until 2016 which means 100% profit repatriation for you, 0% sales tax and income tax.
More on such incentives provided by Government of Pakistan can be checked out here.
* These figures are obtained from Forbes.com.
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