Pakistan - Emerging Tech Destination
Demographics
Internet Penetration
IT Industry
Economic Outlook
Human Capital
Startup Ecosystem
Special Technology Zones Authority
The STZA was established to boost Pakistan’s Knowledge Economy through the development of a technology ecosystem by leveraging the Triple Helix Model of Innovation.
Triple Helix Model of Innovation
Disruptive innovation is enabled by a collaboration of Academia, Industry and Government.
License Types
Zone Enterprise
Zone Enterprises are companies licensed to operate inside the Special Technology Zones and are mandated to foster innovation, entrepreneurship, R&D and create tech jobs.
Zone Developer
Zone Developers are licensed companies responsible for developing, operating, and managing infrastructure inside a Special Technology Zone.
*Incentives
*Fiscal
- Exemption from Property Tax
- Exemption from all taxes under the Income Tax Ordinance, 2001
- Exemption from Federal Sales Tax under the Sales Tax Act, 1990
- Exemption from Tax on Import of Capital Goods
*Exemptions are valid for the period of 10 years from the date of issuance of license.
*Incentives as provided under the Special Technology Zones Authority Act, 2021.
Monetary
- Eligible for Special Forex Currency Account
- Fully Repatriable Investment, Profits and Dividends
- All Legitimate Payments abroad allowed without any limitation
- Ease of Opening and Maintaining Forex Accounts
Ecosystem
- Human Capital Development
- Job Creation
- Research & Development
- Accelerated Economic Growth
*Incentives
*Incentives
TAX AND DUTIES
Exemption of Profit and Gains under the Income Tax Ordinance, 2001.
Exemption from Minimum Tax under the Income Tax Ordinance, 2001.
Exemption of income tax on dividends & long-term capital gains of Venture Capital Funds from their investments in Zone Enterprises.
Exemption from all taxes & duties on import of capital goods (including withholding tax, sales tax & custom duties).
ECOSYSTEM
Human Capital Development
Job Creation
Research & Development
Accelerated Economic Growth
FOREX
Eligible for opening of Special Foreign Currency Accounts under SBP Regulations.
Special Foreign Currency Accounts can be fed with any proceeds from abroad without the requirement of conversion to PKR.
All legitimate payments abroad allowed from the funds available in the Special Foreign Currency Accounts, without any limitation or approval from State Bank of Pakistan.
Local payments from the Special Forex accounts allowed in PKR.
*Exemptions are valid for the period of 10 years from the date of issuance of license
Technology Zones across Pakistan
Islamabad
Punjab
Sindh
Khyber Pakhtunkhwa
Balochistan
GB
AJK
Latest News
Earlier this week, Ms. @HinaNasir, Director Outreach & Events at @STZAOfficial took part in a panel discussion on “#DigitALL: Innovation and Technology for Gender Equality” organized by the Sustainable Development Policy Institute (@SDPIPakistan) #Pakistan.
#IWD2023
Earlier this week, Ms. @HinaNasir, Director Outreach & Events at @STZAOfficial took part in a panel discussion on “#DigitALL: Innovation and Technology for Gender Equality” organized by the Sustainable Development Policy Institute (@SDPIPakistan) #Pakistan.
#IWD2023
