ABS & Co has advised a foreign enterprise on its incorporation and comprehensive legal structuring in Pakistan. The mandate encompassed end to end corporate and regulatory structuring, including incorporation before the Securities and Exchange Commission of Pakistan, security clearances from the Ministry of Interior, permissions from the Board of Investment, and the complete State Bank of Pakistan share registration process for foreign equity investment.
ABS & Co has advised Future Developments Holdings Pvt Ltd on a PKR 1 billion land transaction within the Capital Smart City’s Special Technology Zone, a zone licensed by the Special Technology Zones Authority. The firm facilitated the structuring and execution of a strategic tripartite arrangement between Future Developments Holdings Pvt Ltd, FDH Tech Park, and the investor, enabling the acquisition of land designated for a state-of-the-art data centre within the Capital Smart City.
In this article, we examined Pakistan’s evolving regulatory framework governing foreign participation in the deep-sea fishing sector, with a particular focus on the legal pathways available to international investors seeking to deploy capital and technology in this underdeveloped yet high-potential industry. We analysed the joint venture requirements, licensing regime, and compliance obligations that shape market entry, and assessed how recent policy initiatives, including the role of the Special Investment Facilitation Council, aim to facilitate structured and sustainable foreign investment in Pakistan’s deep-sea fisheries.
ABS & Co recently represented NBP in a writ petition before the Islamabad High Court (IHC), where the firm successfully defended the Bank’s position. The Court once again held that NBP employees are not government or civil servants and therefore cannot be described as “Government Officers” on their passports.
ABS & Co was engaged by the Punjab Cattle Market Management & Development Company (PCMMDC) as project legal advisors to lead the company’s transition towards modern, transparent, and institutionalized governance of cattle markets across Punjab. In this capacity, we drafted and developed key policy and governance instruments for the company, including the Barrah Allotment Policy and the Terms of Reference (TORs) of the Dispute Resolution Committee of the Board of Directors.
ABS & Co has reviewed the regulatory framework governing the establishment of seafood processing and export facilities in Pakistan, a sector that presents significant potential for high value investment. As global demand for processed seafood increases, investors are exploring opportunities to convert Pakistan’s abundant fish catch into internationally compliant, high value products. A clear understanding of the applicable legal requirements is essential before determining where and how to establish a processing facility.
In this article, we examined Pakistan’s introduction of the Virtual Assets Ordinance 2025, enacted on 8th July 2025, which establishes the country’s first comprehensive regulatory framework for virtual assets and Virtual Asset Service Providers. This landmark development marks a significant shift toward structured oversight of cryptocurrency and digital assets in Pakistan, providing long-awaited regulatory clarity for foreign crypto exchanges, fintech platforms, blockchain companies and other service providers seeking to enter and operate within a regulated virtual assets market.
Our November 2025 legal update reviews recent legislative and judicial developments across Pakistan, including the Civil Servants Amendment Act 2025 and the Lahore High Court’s decision in SNGPL v. Waseem Majid Malik. The update also outlines the constitutional framework governing writ jurisdiction and its distinction from remedies available under the Companies Act 2017.
ABS & Co has successfully defended a Public Sector Entity against a potential liability of approximately PKR 2 billion in a land acquisition compensation matter, before the Court of Senior Civil Judge, Rawalpindi. In this case, landowners claimed compensation at a rate of PKR 800,000 per kanal, along with 15% compulsory acquisition charges and 8% compound interest from the date of the award until payment.
ABS & Co has examined the growing regulatory concern surrounding the use of petroleum legislation to govern synthetic chemicals and petrochemical inputs used across Pakistan’s industrial sector. As Pakistan works toward economic revival, the correct and consistent application of laws, policies and treaty commitments is critical. However, the expanding reach of petroleum laws into areas traditionally regulated by chemical-specific frameworks has created uncertainty for manufacturers and importers.
ABS & Co is pleased to have advised DW Pakistan, an associated company of Daewoo Pakistan in its acquisition of Heavy Electrical Complex (HEC), one of Pakistan’s largest state-owned power equipment manufacturers, as part of the government’s strategic privatization programme.
Audit objections are frequently raised after award and execution of public contracts. They can trigger demands for repayment or recalculation of amounts that were priced and agreed at tender stage. Recent matters in large infrastructure procurement illustrate the legal position: the Public Procurement Rules 2004 require procuring agencies to issue precise and unambiguous bidding documents, and once a contract is awarded on that basis, the agreed terms govern the parties’ rights and obligations. Attempts to re-open price adjustment inputs or to substitute a different basis after execution cut across the statutory scheme for transparent and competitive procurement.
ABS & Co prepared Pakistan’s first National Cybersecurity Bill, aimed at regulating Cybersecurity Service Providers and establishing National and Regional Cybersecurity Response Teams to effectively address cybersecurity threats. The bill was drafted for National Computer Emergency Response Team (NCERT).
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