Pakistan
AI Agent Legal Status: undefined · Autonomy: low
Legal Framework
Pakistan has a growing IT sector and the Presidential AI Initiative (2024) signals high-level interest in AI development. The State Bank of Pakistan (SBP) remains cautious on cryptocurrency. The regulatory framework for digital businesses is developing but fragmented.
Key Laws & Regulations
- ◆Presidential AI Initiative (2024)
- ◆Prevention of Electronic Crimes Act (PECA) 2016
- ◆SBP circulars on virtual currencies
Business Formation
Private Limited Company through SECP. Special Technology Zones offer incentives for IT companies.
Tax Implications
Standard CIT rate of 29%. IT and IT-enabled services exports enjoy tax exemptions through 2025.
Opportunities
Competitive IT talent costs. Growing freelance and outsourcing ecosystem. Government tech zone incentives.
Highlights
Large young population with growing IT workforce. Presidential AI Initiative signals government commitment. Special Technology Zones offer incentives.
Risks & Challenges
SBP caution on crypto limits token-based models. Political instability and economic challenges. Infrastructure limitations outside major cities.