Company Registration Pakistan – Procedure and requirements:-
Company registration Pakistan
This temporary summary explains, in terribly general terms, the procedure and necessities for company registration Pakistan. These temporary notes square measure for general steerage solely and may not be taken as a substitute for thorough and skilled legal recommendation.
These varieties of corporations could also be registered in Pakistan:
- A private Ltd., which can be one member company
- A public Ltd., which can be listed or unlisted
- A foreign company
Now we have a tendency to square measure talking regarding Company registration Pakistan step by step requirements:
Step No. 1 for Company registration Pakistan
Availability of Name: the primary step with reference to incorporation of an organization is to hunt handiness of the planned name for the corporate from the Registrar. For this purpose, AN application is to be created and a fee of Rs.200 is needed to be bought seeking handiness certificate.
Step No. 2 for Company registration Pakistan
The following documents square measure needed to be filed with the registrar involved for registration of a non-public Ld. in Pakistan:
Copy of national card or passport, just in case of foreigner, of every subscriber and witness to the memo and article of association.
Memorandum and articles of association – Four written copies of memo and Articles of Association punctually signed by every subscriber within the presence of 1 witness.
Form one – Declaration of compliance with the pre-requisites for formation of the corporate.
Registration/filing fee – a duplicate of the initial paid Chillan within the approved branches of Habib Bank restricted or a Bank Draft/ Pay Order drawn in favor of the Securities and Exchange Commission of West Pakistan of the prescribed quantity.
Authorization by sponsors – The authorization of sponsors in favor of an individual to create sensible the deficiencies, if any, in memo and articles of association as could also be observed by the registrar involved and to gather the certificate of incorporation.
Documents needed for registration of one Member Company in West Pakistan
Any person could type one member company and would file with the registrar at the time of incorporation a nomination in prescribed type indicating a minimum of 2 people to act as campaigner director and alternate campaigner director, of the corporate within the event of his death. All necessities for incorporation of a non-public Ltd. shall Mutatis Mutandis apply to 1 Member Company.
That document are needed for registration of AN association not for profit in Pakistan
All the documents meant for incorporation of a Ld. at the side of a license issued by the SEC. just in case of a trade body, a license issued by the Ministry of Commerce would even be submitted to the registrar involved. the applying for getting the requisite license from the Commission ought to be in the midst of draft memo and Articles of Association, list of promoters, bio-data of every promoter, declaration, names of corporations within which the promoters of the planned association hold any workplace, estimates of annual financial gain and expenditure and temporary statement of labor already done or to be done.
We square measure providing to register the subsequent corporations in Pakistan:
- A private Ltd.
- A single member company
- A public Ltd.
- A company restricted by shares
- A company restricted by guarantee
- An unlimited company
- Relevant laws of Pakistan for registration of an organization in Pakistan:
- Companies Ordinance, 1984
- Companies (General Provisions and Forms) Rules, 1985
- Single Member corporations Rules, 2003
- Schedule filing fees
- That was procedure for Company registration Pakistan.