Company Registration in Pakistan Formation / Registration /Incorporation of a Company in Pakistan www.sbconsulting.com.pk 1 2 Types of Companies in Pakistan Public Company: Any three or more persons associated for lawful purpose may, by subscribing their names to the Memorandum of Association and complying with the requirements of the Ordinance form a public company. Private Company: Any one or more persons so associated may, in like manner, form a private company. Single Member Company (SMC): If only one member forms a private company, it is called a single member company and if it is formed by more than one member, it is termed as a private company. www.sbconsulting.com.pk 3 Requirements for Incorporations in Pakistan. To incorporate a Private Limited or LLC company in Pakistan you will require the following document. 1. Your National ID Card Color Scanned copy (For Pakistani Nationals) Passport in case of foreign Nationals. Each Director needs to have either NIC or passport 2. A filled and formulated Memorandum of association detailing all the tasks a company will perform 3. A filled article of association 4. Digital Signatures from NIFT (Pakistan) for each director. 5. An address for your company in any one province of Pakistan or Federal Territory 6. Necessary Fees to be paid in designated Bank branch www.sbconsulting.com.pk 4 Steps of Incorporation in Pakistan 1. First step is to visit the web site of SECP and create an account there 2. Fill out the company Name search form online 3. Pay the fees of Rs. 200 thru the chalan printed from the SECP web site 4. Deposit the original chalan at SECP 5. Collect the name availability certificate from SECP maximum 3 days 6. Decide on who will be the directors or whether it will be a Single Member company 7. Make Memorandum of Understanding 8. Upload the ID cards, Memorandum and Article in PDF format on SECP eservices web site 9. Incorporation fee chalan will now be available print and pay the chalan 10. Obtain digital signature for you from NIFT one day process 11. Sign all forms on SECP thru the Digital Signature and click Submit to SECP 12. In next 3 - 4 days your will receive an email from SECP about confirmation of incorporation your Incorporation certificate will be sent by post to your office address. www.sbconsulting.com.pk 5 Services by Synergy Business Consulting Business/Investment Advisory Services: Corporate and Business Registration Services: Financial Audit and Control Services: Tax Services: Intellectual Property (IP) Services: Human Resource Services: Information Technology (IT) Solutions: www.sbconsulting.com.pk 6 Corporate and Business Registration Services: Sole proprietorship / Sole trader / One person business registration Partnership Firm (Minimum two and maximum twenty persons can form a partnership firm). Incorporation/ Formation of Private Limited Companies, Foreign Companies (Branch and Liaison Office) under Companies Ordinance 1984 with Registrar of Companies, Securities & Exchange Commission of Pakistan. Incorporation/ Formation of Single Member Company (SMC) Limited Companies under Companies Ordinance 1984 with Registrar of Companies, Securities & Exchange Commission of Pakistan. Incorporation/ Formation of Public Limited Companies under Companies Ordinance 1984 with Registrar of Companies, Securities & Exchange Commission of Pakistan. Applying and obtaining license and Incorporation/ Formation of Not For Profit Companies (NGOs, INGOs) under section 42 of Companies Ordinance 1984 with Registrar of Companies, Securities & Exchange Commission of Pakistan. www.sbconsulting.com.pk 7 Intellectual Property (IP) Services Trademarks Registration Brand Name Registration Patents Registration Industrial Designs Registration Copyrights Unfair Competition Anti-Counterfeiting Licensing Franchising Trade Secrets Data Protection Domain Names Market Survey & Research Serving the Legal Notices and taking appropriate legal actions against third party on behalf of clients in case of Infringement of Trade Mark, Patent, Copyrights www.sbconsulting.com.pk 8 www.sbconsulting.com.pk