As per Lawkidunya, Here are the basic requirements for registering a private limited company in Pakistan:
Company Information
1. Unique Company Name: Ensure the name is not already registered or too similar to an existing company name.
2. Company Type: Private Limited Company (Pvt. Ltd.).
Shareholders
1. Minimum Shareholders: 2
2. Maximum Shareholders: 50
3. Shareholding Pattern: Define the shareholding pattern, including the number of shares held by each shareholder.
Directors
1. Minimum Directors: 2
2. Maximum Directors: No limit
3. Director’s Qualification: Directors must be at least 18 years old and have a valid CNIC.
Share Capital
1. Minimum Share Capital: PKR 100,000 (approximately USD 600)
2. Authorized Capital: Define the authorized capital, which is the maximum amount of share capital that can be issued.
Registered Office
1. Registered Office Address: Provide a valid address in Pakistan where the company will be registered.
Documents
1. Memorandum of Association: Outlines the company’s objectives, share capital, and other essential details.
2. Articles of Association: Defines the company’s internal management and administrative structure.
3. CNIC Copies: Copies of the Computerized National Identity Card (CNIC) of all directors and shareholders.
Registration
1. Registration Fee: Pay the registration fee, which varies depending on the type of company.
2. Online Application: Submit the registration application through the SECP’s eServices portal.