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How To Register A Company in Pakistan
How To Register A Company in Pakistan
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So far, weve discussed about Business Pitch and Business Plans that were limited to startup
process. We now move onto a very crucial prospect i.e. of registration of a company particularly
in Pakistan. It is the last of endeavors in the course of business settlement, and for some
entrepreneurs and founders; one of the ultimate goals. Therefore, it requires a broad-
comprehensive view on the subject of registration.
Hence, for your ease of understanding, weve simplied the procedures with a mindset that
reader would have a better understanding of each necessary step, without having to dive into
the complexity of business. However, there are certain rules and ordinance which is followed by
the Security and Exchange Commission of Pakistan. So, the applicants must comply with the
incorporation process as under:
While choosing the name for your company make sure, not to use the Prohibited terms. Any
deceptive or inappropriate words will not be approved by the SECP and the Validity of your
proposed selection of name will be scrutinized. So as to assure that, it is neither identical with
the existing companies name nor closely resembling. For that reason, you must abide by the
criteria laid down for naming the company, to get the possible approval by SECP.
A name availability certicate is required from SECP and for the purpose you may le application.
A name availability certicate is required from SECP and for the purpose you may le application.
The fees for which could be paid using any bank challans at designated Muslim Commercial
Banks (MCB). After this, you come to a level of registration where the SECP ask you to submit the
following documents:
Declaration of compliance
Identication of oces location
Particulars of directors, secretary, chief accountant, auditors and other
Copies of the Memorandum and Articles of Association with each members signature
A quick brief-on:
Memorandum of Association explains your business sector of the company e.g. Institution,
Travel agency, Trading or manufacturing, Supply or chain of stores. To put simply, MOA tells
about the relationship of your company with the outside world.
Articles of Association lets know about the day-to-day proceedings within the company i.e. what
role CEO and directors would play, business concerned meetings and the appointments of
employees, in short- how the company will run.
The signature is granted by National Institutional Facilitation Technologies (NIFT) and can be
obtained using E-services of SECP. After the certicate of incorporation is issued, you may be
required to present a company seal, depending on which city youre going to start your business
in. On the necessity point, it wouldnt be wrong to mention that some states require a
corporation to have a corporate seal, which is also sometimes referred as company seal.
To register for Income tax, youre supposed to apply for a National Tax Number (NTN) at the tax
facilitation of the Regional Tax Oce (RTO) of the Federal Board of Revenue (FBR). The
requirements for this application are:
NTN form
Proof of registration
Memorandum and Articles of association
Bank account number
Copies of National Identity Cards (NICs) of companies Directors
An attestation of business address
All of these are to be submitted at the nearest tax facilitation counter of the RTO in Pakistan.
Sales tax, like the income tax can be registered for, by applying for a Sales Tax Number (STN) at
the tax facilitation centre of the Regional Tax Oce (RTO) of the Federal Board of Revenue (FBR).
For the Professional tax, youll need to register with Excise and Taxation (ET) Department of the
District.
Depending on the location of your business, youll either need to register with
Under the Employees Old Age Benets Institution (EOBI), insured employees are entitled to a
pension, upon retirement, invalidity in the case of disability, old-age grant and survivors pension.
Every industry or a commercial establishment with ve or more employees has to be registered
with the federal Employees Old age Benets Institution (EOBI).
To safeguard the Labor standard of the workers, every establishment other than one man shop
required to be registered with the District Chief Inspector of the Labor department in each
district. For registration, employer must submit the application form A accompanied with Bank
challan.
That was a detailed summary, a bit boring yet highly essential to understand the establishment
procedure of your viable business idea or plan. Want to know about rm registration and
partnership rm registration in Pakistan? Let us know via email at inbox[at]techjuice.pk. Well
sure get back here with an interesting and informative article.
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Jointhediscussion
ImranAliRajput3yearsago
Itwasgreattoread,butyouhavemissedonethingandthatisforemostofallthestepsi.e.gettingthe
copyrightsofyourcompanynameandtrademark.ThisisdonebyIntellectualProperyOrganization
Pakistan(IPO).Ifyouhaveestablishedyourbusiness,beenthroughtheaforementionedprocessand
latersomeonesuesyouforcopyrightsthenalleffortswillgoruined.Makeitstepno2afterselectinga
uniquename.
Goodday!
Imran
9 Reply Share
noted.
1 Reply Share
AwaisKhalid>ImranAliRajput3monthsago
GoodMr.Imran
Reply Share
Asif>ImranAliRajputayearago
Exacty.
Reply Share
FawadInam3yearsago
whytoregisteracompany..?imeanthiswholeprocedureisaheadache...
2 Reply Share
Moaz3yearsago
canyoupleasetellme,howtoregisteredasoftwarehouseorsoftwarecompanyinPakistan.
SECPisforbigbusiness,ithink?
1 Reply Share
MuhammadShamoon>Moaz2yearsago
Moazactuallyurquestionisveryappealingtomeasialsowannaknowabtsoftwarecompany
registration.Kindlyreplyifuhaveanyinfoabtit.
Reply Share
MuhammadJawaidShamshad>MuhammadShamoon2yearsago
I'malsolookingtoregisteratech/softwarestartup.Anyfurthernewsonthis?Ialso
heardSECPisforbiggercompaniesi.e.incorporations,asMoazsaid.
Reply Share
MuhammadHabib>MuhammadJawaidShamshad8monthsago
Same.Ihaveasmallsoftwarecompany.Doineedtoregisterit?Ihavea
remoteteamandweworkfromhome
Reply Share
Consultant18daysago
Hi.
ForregistrationofCompanyPleasecontact.
Cell:0300939347
Reply Share
Becklyconsulting2monthsago
ContactmeifyouwanttoregisteraCompany.
MyContact:03235114494
Thanks
Reply Share
amirawan>Becklyconsulting21daysago
howiregisterafastfoodresturant?
Reply Share
ShaziaAli>Becklyconsulting25daysago
ShaziaAli>Becklyconsulting25daysago
Hi,sendmeanemailplease:forshaziaatgmaildotcom.
Reply Share
Uzzi4monthsago
DearNuzhat,thankyouforthegreatarticle.Ifyoureditorsallowitcanyouaddthelinkstothisarticle
please.
Reply Share
Omer4monthsago
Someonepleasesharehowtoregisterwaterdistributioncompanyinkarachi?
whatarerequirementsand/orprocedure.
Thanks
Reply Share
MuhammadIrshad6monthsago
KindlysharearticleregardingNGOregistrationprocessinKarachi.
Reply Share
JunaidNisar9monthsago
AsslamoAlikumWantedtoknowwhatlicenserequiredinordertoopenTechnicalTradeTestand
TrainingCenter?
Reply Share
Mehtabahmadqaziayearago
Qazi&QaziLawAssociatespridethemselvesondevelopingcontinuingandlongstandingclient
relationshipsthatareproductive,professionalandcollegial.Wearecommittedtounderstandour
clients'legalandbusinessrequirementsinthePakistan's
progressiveandfastdevelopingbusinessenvironmentbyprovidingexcellentserviceandfinding
innovativeresultorientedsolutions.
TooperateacompanyinPakistanwithtrading,industrialandprofessionalactivities,onehastoobtain
arelevantlicense.Qazi&Qaziguidetheclientstochoosetherightlocationforsettingupacompany
andincorporatecompanycomplyingwithalllegalprocedures.ForcompanyincorporationinPakistan,
wearehighlyexperiencedprofessionalswithcosteffectivepricestructureforalltypeofservices.All
servicesaredeliveredkeepinghighestprofessionalstandards,abidingbythemostefficient,
economicalandaccuratemethod.
Forfurtherinformationfeelfreetocontact
QaziMehtabAhmad
AdvocateHighCourt
cell:+923008099709
Email:mehtab@qazilaw.com
officeno.62ndfloor,ImpairCentreI&TCentreroad,Opp.IslamabadHighCourtIslamabad.
Reply Share
asgharayearago
PleasecouldyouexplainthedetailsofregistrationforManpowerservicesandgoodssupplyto
industryortradebusiness.
Reply Share
BilalAzhar2yearsago
isitnecessarytospecifylocationoftheoffice?Imeancanweregisteracompanythathasnotany
permanentlocationet?
Reply Share
WaqarRazzaq>BilalAzhar8monthsago
YesBilalsahb,registeredaddressismendatorybutifyouraddressgoingtochangevery
ofthenwithinthecitythenyoudontneedtodomuchexceptfilingofForm1(ForAddress
change)onlineorofflineandproblemsolved,.
Reply Share
Ahmed3yearsago
Good..Heycanyouwriteanarticleonhowtoregisterapartnership..?
Reply Share
JazibJamal3yearsago
Hi,
ArethereanycompaniesoragencieswhowoulddothewholeprocessofCompanyRegistration?
Reply Share
Yes.Therearealotoflawyersandagenciesthatwouldbehappytohelpyouout.Youwantus
toconnectyoutoanyone.
2 Reply Share
JazibJamal>FatimaRizwan3yearsago
ThanksFatima.
Yes,ifpossible.Iwouldhighlyappreciateyourhelp.
Regards
2 Reply Share
Checkoutthecommentbelow.Youwillgettherequiredinformation!
Reply Share
salman>FatimaRizwan2yearsago
HIFatima.Iamrightnowbasedinbangkok,lookingtoregisteracompanyin
lahore.canyouhelpmeout
Reply Share
qasimrishi>JazibJamal3yearsago
ditto!
Reply Share
Sameforyou!Pleasecheckoutthecommentsbelow.
3 Reply Share
MaazImran>FatimaRizwanayearago
MaazImran>FatimaRizwanayearago
Iamunabletofindanysuchcomment,canyoukindlyguidemetosome
lawyer/agencythatcouldeaseupthisregistrationprocess?
Reply Share
Mehtabahmadqazi>MaazImranayearago
QaziMehtabAhmad
AdvocateHighCourt
cell:+923008099709
Email:mehtab@qazilaw.com
officeno.62ndfloor,ImpairCentreI&TCentreroad,Opp.IslamabadHighCourt
Islamabad.
Reply Share
Hina>FatimaRizwan2yearsago
isitrequiredtoregisterasmallonlinebusiness?
Reply Share
MuhammadShamoon>Hina2yearsago
@fatimaRizwanIneedtohirealawyer/agencyforregistration.Canyourefer
meagoodoneinLahore/Sialkot?
Reply Share
Mehtabahmadqazi>MuhammadShamoonayearago
Qazi&QaziLawAssociatespridethemselvesondevelopingcontinuingand
longstandingclientrelationshipsthatareproductive,professionalandcollegial.
Wearecommittedtounderstandourclients'legalandbusinessrequirementsin
thePakistan'sprogressiveandfastdevelopingbusinessenvironmentby
providingexcellentserviceandfindinginnovativeresultorientedsolutions.
ForcompanyincorporationinPakistan,wearehighlyexperiencedprofessionals
withcosteffectivepricestructureforalltypeofservices.Allservicesare
deliveredkeepinghighestprofessionalstandards,abidingbythemostefficient,
economicalandaccuratemethod.
Forfurtherinformationfeelfreetocontact
QaziMehtabAhmad
AdvocateHighCourt
cell:+923008099709
Email:mehtab@qazilaw.com
officeno.62ndfloor,ImpairCentreI&TCentreroad,Opp.IslamabadHighCourt
Islamabad.
Reply Share
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