Step-by-Step Guide to Register a Company in Pakistan
To register a company in Pakistan, follow these steps:
Name Reservation: Choose a unique name for your company and apply for name reservation through the SECP’s online portal. Ensure that the name adheres to the guidelines provided by the SECP.
Preparation of Documents: Prepare the required documents, including the Memorandum of Association (MoA) and Articles of Association (AoA), which outline the company’s objectives, regulations, and ownership structure.
Digital Signatures: Obtain digital signatures for the directors or authorized representatives of the company. These signatures are used for online submission of documents during the registration process.
Online Registration: Submit the completed application, along with the necessary documents and fees, through the SECP’s online portal. Provide accurate information about the company, its directors, shareholders, and other relevant details.
Review and Approval: The SECP will review the application and supporting documents. If everything is in order, they will issue a Certificate of Incorporation, confirming the successful registration of the company.
Tax Registration: After company registration, you need to obtain a Tax Registration Number (TRN) from the Federal Board of Revenue (FBR). This will enable you to fulfill your tax obligations and file tax returns.
Bank Account Opening: Open a business bank account in Pakistan to facilitate financial transactions and operations of the company. Contact different banks to compare services and choose the most suitable option.
Post-Registration Compliance: Fulfill any additional requirements, such as obtaining licenses and permits specific to your business activities, and comply with ongoing regulatory obligations.
Documents Required for Company Registration in Pakistan
During the registration process, you will need to provide several documents. These may include:
- Copy of National Identity Card (NIC) or Passport of directors and shareholders
- Proof of registered office address
- Memorandum of Association (MoA) and Articles of Association (AoA)
- Form 1: Application for company registration
- Digital signatures of directors or authorized representatives
- Bank account details
- Power of Attorney (if applicable)
- Any additional documents as required by the SECP or relevant authorities
Ensure that all documents are accurately prepared, signed, and submitted as per the guidelines provided. After Providing these documents, you can successfully register a company in Pakistan.
