With the objective to promote growth in the startups sector of Pakistan, it is necessary to make relevant changes in Company Law to facilitate the incorporation process for the startups and provide a conducive regulatory environment. A) Proposed changes in the Parent legislation (Companies Act) i) Definition of Startups In the Third Schedule to the
Tania Aidrus, an ex-Google executive, has been put in charge of Prime Minister Imran Khan’s new initiative intended to herald a technologically driven environment for the tech savvy youth of Pakistan. It was inaugurated in a ceremony held in Islamabad on Thursday. Aidrus has lived outside Pakistan for the last 20 years, but now
Abdul Rahim Ahmad Recently, the Securities and Exchange Commission of Pakistan (SECP) conducted an online survey to obtain feedback about its services delivery and to seek out suggestions from its stakeholders. Though an overwhelming majority shared their satisfaction with SECP’s services, a number of people suggested swift deployment of digital technology for ease of
This is third consecutive year when Pakistan has improved its position on World Bank Ease of Doing Business Index. As per World Bank's latest rankings on ease of doing business for 2020, released on October 24th, Pakistan has improved its position by 28 points from 136 to 108 which is an unprecedented improvement in
The Securities and Exchange Commission of Pakistan (SECP) has held second Design Thinking Workshop on LEAP in Karachi. Leading Efficiency through Automation Prowess (LEAP) is the SECP's project for end-to-end process automation and digital transformation, said a press release received here on Friday. The primary focus of this initiative was to facilitate ease of
Securities and Exchange Commission of Pakistan (SECP) Chairman Farrukh Sabzwari Wednesday said the commission is embarking on digital transformation, end-to-end process automation and enabling user environment for all its regulatees. He was speaking at digital transformation workshop, organized jointly by the SECP and SAP here, a SECP press release said. Sabzwari said the SECP's
The Securities and Exchange Commission of Pakistan (SECP) will amend Companies Act to support startups, providing an empowering environment for young innovative entrepreneurs to succeed in their ventures, an official said on Thursday. The SECP is taking various initiatives to create an enabling regulatory framework for facilitating startups in Pakistan. These measures will attract
Is your product what the investor is looking for? Can you take the 10x pressure? There is a lot you need to know before you go in to ask for an investment. Here is what Rabeel Warraich has to say abut the misconceptions of startups about investment and the 3 trends you’re seeing emerging in
KPK has some amazing ideas when it comes to technology and innovation. Where there are ideas and talent, there is an essential need for enablers to nurture and polish that talent. That is exactly what National Incubation Center Peshawar does. While having a detailed conversation with the project director of NIC Peshawar, here are some of
