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business Updated 9 Oct 2026

Foreign investors seek clarity on FBR exemption certificate process for share registrations

HarZaviya summary · from 2 outlets

Most outlets reported that foreign investors are urging the Federal Board of Revenue (FBR) to streamline and clarify the exemption certificate process for registering foreign-held shares in Pakistan. They highlighted the demand for a time-bound procedure and clarification on the retrospective application of Rule 19H, noting that delays are affecting State Bank of Pakistan (SBP) registration. Coverage was consistent in framing the issue as a bureaucratic hurdle impacting foreign investment.

Summary generated by HarZaviya from the headlines and excerpts of the 2 outlets below. Each outlet's own headline is listed under it.

Same story from 2 outlets

Each outlet's own headline, most recent first — read any at its source.

  1. Foreign investors urge FBR to remove tax certification hurdles delaying share registrations in Pakistan

    Investors demand time-bound exemption certificates and clarification on retrospective application of Rule 19H as delays affect SBP registration of foreign-held shares

  2. Business Recorder 86% identical

    Share transfers: Foreign investors seeking clarity on FBR exemption certificates

    ISLAMABAD: Foreign investors have strongly emphasised the need for a streamlined and time-bound exemption certificate process for foreign investors seeking registration of foreign-held shares acquisitions in Pakistan and cross-border share transactions involving Pakistani assets. The Federal Board of Revenue (FBR) should immediately issue necessary clarification to remove apprehensions of the f...

2 articles from 2 outlets, 9 Oct–9 Oct 2026. Headlines and links belong to their outlets — HarZaviya links out and never copies article text. What does % identical mean?