ISLAMABAD, Jul 7 (APP):The Securities and Exchange Commission of Pakistan (SECP), in collaboration with the Federal Board of Revenue (FBR), will hold a joint stakeholder webinar on July 8 (Wednesday)to facilitate the conversion of Associations of Persons (AOPs) into companies in the steel sector. The webinar forms part of the SECP’s ongoing efforts to support business formalization by providing stakeholders with practical guidance on the legal, regulatory, and tax framework …
SECP, FBR to hold joint stakeholder webinar on conversion of AOPs into companies on July 8
ISLAMABAD, Jul 7 (APP):The Securities and Exchange Commission of Pakistan (SECP), in collaboration with the Federal Board of Revenue (FBR), will hold a joint stakeholder webinar on July 8 (Wednesday)to facilitate the conversion of Associations of Persons (AOPs) into companies in the steel sector.
The webinar forms part of the SECP’s ongoing efforts to support business formalization by providing stakeholders with practical guidance on the legal, regulatory, and tax framework governing corporatization, said a press release.
The session will also provide an opportunity for participants to engage directly with officials from the SECP and the FBR and seek clarification on the conversion process.
The SECP encourages businesses operating as AOPs, industry associations and other stakeholders from the steel sector to participate in the webinar and benefit from the information and guidance on the corporatization process and its associated regulatory and tax considerations.
