Registration of a company in Pakistan is not a very difficult and complicated process. To register a company in Pakistan is very easy. Some important steps are mention below.
Before jumping to the procedure of registration of a company it is very important to know about the Security Exchange Commission of Pakistan (SECP). It is a body that is work in Pakistan. The Government of Pakistan give all the Power for the Company Registration in Pakistan.
Some Important Steps for registration a Company in Pakistan:
- Name Availability :
The first step for company registration in Pakistan is to make an application to the registrar of companies for the availability of the name that you are selected. There is two ways for giving application One is on line and 2nd is off line normally time period takes 4 to 5 days before conformation of the named applied for the new company registration in Pakistan. Before making an application to Security Exchange Commission of Pakistan do not forget the search the name of the company that you are selected on the search bar of the website of SECP. There is a search bar and you can search here a name that you can selected is already registered or not on the name that you are selected.
- Preparation of documents
Some important documents are necessary for the registration of a company in Security Exchange Commission in Pakistan
- Memorandum of association
Memorandum of association is a basic document where all objective of company registration are started
All the business the company is planning to undertake must be started im the memorandum in order supplier, company and any other business.
(Four copies must be prepared)
- Article of Association
Article of association is a very important document for the registration of a company in security exchange commission of Pakistan. In this document all the rules to operate the company for example how directors are going to operate, when how General Meeting of the company are held.
(Four copies musty be prepared)
- Form 1
Form 1 is also a very important document for the registration of a company in Pakistan Form 1 for company registration is a basically declaration of the one director of the company about to be registered. Form1 is available on the website of the Security Exchange Commission of Pakistan.
- Form 21
Form 21 is a form where the address of the company undergoing the process of the company registration in Pakistan is notified to the Registrar.
- Form 29
Form29 contains information about the particular of the directors of the company that the undergoing process of company of registration of a company in Pakistan. Form29 is submitted in duplicate.
- Power of Attorney
Power of attorney is favor of any person that is authorized to submit documents and liaison with company registration office about different issues the procedure of company registration in Pakistan.
- Copies of CNIC’S of directors
Copies of National Identity card of the directors of the companies and witness who signed on the memorandum and Article of association of company that is undergoing the company registration procedure in Pakistan.