LAHORE: Lahore Chamber of Commerce and Industry (LCCI) on Friday set up Trade and Tax Facilitation Centre (TFC) in its premises for the revival of economic activities.
LCCI President Engineer Sohail Lashari flanked by LCCI Senior Vice President Mian Tariq Misbah, Vice President Kashif Anwar and a large number of Executive Committee members inaugurated the centre.
Speaking on the occasion, the LCCI president said that the aim to setting up a dedicated centre for guidance and capacity building of LCCI members was felt keeping in view the range of members’ issues and multiplicity of trade information.
“The members of LCCI frequently approach us for guidance and support to get resolved their issues concerning local, provincial and federal authorities and to seek advice on tax and trade related matters. They also ask for latest local and global information about their sector to cope with market demands and challenges,” he said.
“Some members want personal guidance and face to face interaction with government officials through LCCI assistance and some prefer use of official means of communication e.g., letter, fax and email to forward their issues to concerned quarters,” he added.
The LCCI President said that services of an expert to trade-related issues have been hired solely for this purpose.
He said the TFC would assist LCCI members in planning, and designing of their business operations keeping in view their economic strength, and personal networking. Advisory services will be provided to draft federal and provincials budget proposals, make proposal for Export Development Fund, propose changes/amendments in trade related laws, to get assistance from foreign trade promotion agencies.
He said the Centre will also help businessmen in getting National Tax Number (NTN), Sales Tax Registration, Registration in SECP/Registrar of Firms, Registration of Logo/Brand, Certification of Products Engineer Sohail Lashari expressed the optimism that LCCI members will avail this facility to enhance their businesses.
Moreover, the TFC will also share its information with other chambers/associations and organise programmes for capacity building of the staff of other trade supporting organisations. The Trade Facilitation Centre initially would work for three days a week at the 3rd Floor of the Lahore Chamber of Commerce and Industry, he added.