Registering a company in Pakistan involves several steps. Here is a step-by-step guide on how to register a company in Pakistan:
Step 1: Choose the type of company
There are different types of companies in Pakistan, such as a private limited company, a public limited company, a sole proprietorship, a partnership, etc. Choose the type of company you want to register.
Step 2: Name your company.
Choose a name for your company and make sure it is not already taken. You can check the availability of the name by searching the online database of the Securities and Exchange Commission of Pakistan (SECP).
Step 3: Prepare the necessary documents.
The following documents will be required for the registration of the company:
- Memorandum and Articles of Association
- Form A (Declaration of Compliance with the Companies Ordinance)
- Form 21 (Notice of the situation of the registered office of the company)
- Form 29 (particulars of the directors, secretary, and officers of the company)
- Payment of fees
Step 4: Submit the documents to SECP.
Submit the above-mentioned documents to the SECP either online or physically. The SECP will review the documents and issue a certificate of incorporation if everything is in order.
Step 5: Register for tax
After receiving the certificate of incorporation, you will need to register for tax with the Federal Board of Revenue (FBR).
Step 6: Register for other licences
Depending on the nature of your business, you may need to obtain other licences and permits from relevant authorities, such as the Trade Development Authority of Pakistan, the Pakistan Standards and Quality Control Authority, etc.
That’s it! Once you have completed these steps, your company will be registered in Pakistan.
Required Document for the Registration of Company in Pakistan
The following are the documents required for limited company registration in most countries, including Pakistan:
- Memorandum of Association: This is a legal document that outlines the objectives, powers, and scope of the company. It contains the name of the company, its registered office, and the type of business it will conduct.
- Articles of Association: This document sets out the internal rules and regulations of the company. It specifies the rights and obligations of the shareholders and directors, the procedures for appointing and removing directors, and the distribution of profits.
- Form A: This form is a declaration of compliance with the relevant laws and regulations for company registration. It is signed by the company’s directors and secretary.
- Form 21: This form provides the details of the company’s registered office address.
- Form 29: This form contains the particulars of the company’s directors, secretary, and other officers.
- Identity proof: The identity proof of the directors and shareholders is required, such as a passport, national identity card, or driver’s license.
- Address proof: The address proof of the directors and shareholders is required, such as a utility bill or bank statement.
- Bank statement: A bank statement showing the paid-up capital of the company is required.
- Power of Attorney: If someone other than the directors is filing the registration application, a power of attorney is required.
- Certificate of incorporation: If the company is being registered as a subsidiary of an existing company, a copy of the certificate of incorporation of the parent company is required.
These are the basic documents required for limited company registration. However, the specific requirements may vary depending on the country and the type of company being registered. It is always best to consult with a legal professional to ensure that you have all the necessary documents for company registration.