Dear All
We are a private limited company incorporated in Pakistan. We have
also established/
established with the permission of SBP. The amount of investment was
transfered to the branch through banking channel.
The branch now completed its first year of operation and earned
profit. We now intend to transfer the amount of profit from the
overseas branch to Pakistan. I would like to know the following:
1- Tax treatment/implicati
2- Reporting of the profit to the bank including SBP
3- Compliance requirements in respect of Companies Ordinance, if any
An early reply shall be highly appreciated.
Regards
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