How do I set up a limited company? We will also share the step-by-step guide to company registration […]. Likewise (BESSI) or (KPKESSI) for Balochistan and Khyber Pakhtunkhwa respectively. Name, addresses, and shareholding of each of the shareholders. The fees associated with the process can be paid by generating manual challan from this Challan link and submitting it alongwith a company registration application at the designated branches of MCB or UBL in Pakistan. Branches carrying out a contract in Pakistan can be established. This makes the whole process easier and faster. Document submission: On receipt of the above, Healy Consultants will i) complete the statutory incorporation forms (see checklist below), ii) prepare the Memorandum and Articles of Association and submit all the documents to the SECP for company incorporation; Compliance check and company registration: The SECP will forward the details of all prospective foreign directors and shareholders to … To safeguard the labor standard of the workers, all company’s are required to registration with the District Chief Inspector of the labor department in each district. Hence, it is similar to the branch office. There is no official minimum capital requirement for private limited companies in Pakistan. This is the first step of company registration in Pakistan is choosing the company’s name. Supportive staff from Emerhub made the incorporation process of my company easier and faster. Also, the Board of Investment (BOI) needs to approve it. Both capitals must be declared in the Articles of Association when you register your company. Although one needs to fulfil all mentioned requirements but need a lawyer or entity to register company name. The process of incorporating a company in Pakistan includes five basic steps. what role CEO and directors would play, business concerned meetings and the appointments of employees, in short- how the company will run. Since it is not a limited liability company, it does not require any minimum capital either. For example, you can even import some products without acquiring an import license. Each of these steps are explained below with their specific requirements. Some of its prime benefits include low competition, a huge population, and a rapidly growing economy. In conclusion, the last step of company registration in Pakistan is the registration with the Federal Board of Revenue (FBR) and issuance of a national tax number (NTN). If you are planning on investing in Pakistan, get in touch with Emerhub and we will handle the process of company registration on your behalf. Moreover, … To register for Income tax, the company will have to  to apply for a National Tax Number (NTN) at the tax facilitation of the Regional Tax Office (RTO) of the Federal Board of Revenue (FBR). However, take note that the actual minimum capital you need to inject depends on your planned expenses. Bank account opening, Serviced office, license or Trademark application can be subsequently fulfilled at this time. The shareholders can be of any nationality, except for Israeli nationals. To put simply, MOA tells about the relationship of your company with the outside world. The standard time for establishing a liaison office in Pakistan is seven (7) weeks. It is important to devise a unique company name that would set you apart from the rest in the industry. 4. The body responsible for the administration of the entire company registration and incorporation process is known as the Securities & Exchange Commission of Pakistan … Copy of permission letter is required to be attached with documents meant for registration. The Step-by-Step Guide to Company Registration in Pakistan, Foreign Investor's Guide to Taxes in Pakistan, What You Need to Know About Visas in Pakistan. However, this type cannot engage in commercial or trading activities and it is not subject to any minimum capital either. Policy Board Commission Senior Management ... Company Incorporation Fee Calculator. A Case Study from Pakistan “Online Method” 2. Charter/Statute/Deed of incorporation of foreign company duly verified/attested by Embassy of Pakistan in the country of origin. It is expected to grow by 17.2% by 2020. There are three ways to incorporate company in Pakistan. Unlike many other similar markets, Pakistan is very welcoming towards foreign investors. A name availability certificate is required … To incorporate a Private Limited or LLC company in Pakistan you will require the following document. Unlike many other similar markets, Pakistan is very welcoming towards foreign investors. How to incorporate a company in Pakistan 1. Every industry or a commercial establishment with five or more employees has to be registered with the Federal Employees Old age Benefits Institution (EOBI). You just give your needed documents, sit and relax. Post payment of the fee, SECP then requires the applicant to submit the following documents: Memorandum of Association explains the business sector of your company e.g. Paid up capital is the amount of money that the company receives from its shareholders. A foreign company shall obtain from Board of Investment (BOI), Government of Pakistan a permission letter with a specific validity period for establishing and maintaining a business in Pakistan. 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