|Pakistan||South Asia||United States||Germany|
|Number of Payments of Taxes per Year||47.0||30.0||11.0||9.0|
|Time Taken For Administrative Formalities (Hours)||560.0||311.0||175.0||207.0|
|Total Share of Taxes (% of Profit)||35.3||40.2||46.7||46.8|
Source: Doing Business - Last Available Data.
|Personal tax rate. If more than 50% of an individual’s income is derived from employment||Progressive rate from 0% to 20%. For more details, visit: Central Board of Revenue|
|PKR 0 - 400,000||0%|
|PKR 400,000 - 750,000||5% of the amount exceeding PkR 400,000|
|PKR 750,000 - 1,500,000||PKR 17,500 + 10% of the amount exceeding PKR 750,000|
|PKR 1,500,000 - 2,000,000||PKR 95,000 + 15% of the amount exceeding PKR 1,500,000|
|PKR 2,000,000 - 2,500,000||PKR 175,000 + 17.5% of the amount exceeding PKR 2,000,000|
|More than PKR 2,500,000||PKR 420,000 + 20% of the amount exceeding PKR 2,500,000|
|Type of property and law||Validity||International Agreements Signed|
Patents Ordinance, 2000
Trademarks Ordinance, 2001
|10 years, renewable every 10 years.|
Copyright Ordinance, 1962
WIPO Copyright Treaty
The private banks in Pakistan work for six days a week, with shorter working hours on Fridays and Saturdays.
|Eid-e-Milad-un-Nabi (Birth of the Prophet)||20 March|
|Pakistan Day||23 March|
|Independence Day||14 Aug|
|Eid al-Fitr (End of Ramadan)||2 Oct (Varies every year).|
|Allama Muhammad Iqbal Day||9 Nov|
|Eid ul-Azha (Feast of the Sacrifice)||9 Dec (Varies every year).|
|Quaid-e-Azam's Birthday||25 Dec|
|Eid al-Fitr (End of Ramadan)
Eid ul-Azha (Feast of the Sacrifice)
Note: Muslim festivals are timed according to local sightings of various phases of the moon and the dates may change accordingly.
These two festivals may last from two to four days, depending on the region. Most of the offices (both public and private) are closed during this period.
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Last Updates: October 2014