To start any business in Pakistan, you have required to register a company in Pakistan. In this article, cover all the steps needed to initiate,process and accomplish this hectic task.
Step by Step Guidance of Company Registration in Pakistan
In first step, name of company has been reserved which should be acceptable as per the law and companies ordinance 1984. Name can be rejected due to below mentioned reason.
- identical with or resemble too nearly to the name of a company; or
- inappropriate; or
- undesirable; or
- deceptive; or
- designed to exploit or offend religious susceptibilities of the people; or
- any other ground as may be specified.
There are three possibilities either name has been accepted or rejected and objection arises which need to be resolved.
No company shall be registered by a name which contains any word suggesting or calculated to
suggest:
- the patronage of any past or present Pakistani or foreign head of state;
- any connection with the Federal Government or a Provincial Government or any department or authority or statutory body of any such Government;
- any connection with any corporation set up by or under any Federal or Provincial law;
- the patronage of, or any connection with, any foreign Government or any international organisation;
- establishing a modaraba management company or to float a modaraba; or
- any other business requiring licence from the Commission.
Two options are available for applicant either apply company name online through SECP Eservices Portal or visit CRO(Company Registration Office) physically. If you choose Online Method, then you need to proceed next steps also via with the same platform.
SECP has only nine CRO in following cities:
- CRO in Islamabad
- CRO in Karachi
- CRO in Quetta
- CRO in Lahore
- CRO in Peshawar
- CRO in Faisalabad
- CRO in Multan
- CRO in Sukkar
- CRO in Sialkot
Company name can be apply as an urgent or normal. In case of urgent, applicant receive the response from SECP at the same day or within 24 hours. While, in case of normal 72 hours required from SECP end. These time duration is same for both online and offline process.
Name Availability Fee:
| Online | Offline | |
| Normal | 200 | 500 |
| Urgent | 700 | 1500 |
Company Name Availability โ Securities Exchange Commission of Pakistan
After reserving the name of company, applicant proceed to next step. In this article, cover only online method.
NIFT(National Institutional Facilitation Technologies) Signature is required.
NIFT Form โ Digital Signature โ SECP
After getting Digital Signature, following documents are required to submit.
- Form 1
- Form 21
- Form 29
- MOA
- AOA
After completing all the steps, SECP issue an incorporation certificate.
Company Incorporation Certificate โ SECP
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