As per Lawkidunya, Here are the requirements for registering a private limited company in Pakistan:
Basic Requirements For Private Limited Company Registration
1. Unique Company Name: Ensure the name is not already registered or too similar to an existing company name.
2. Minimum Share Capital: PKR 100,000 (approximately USD 600).
3. Maximum Shareholders: 50.
4. Minimum Directors: 2.
Documents Required For Private Limited Company Registration
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.
4. Proof of Business Address: Utility bill or rent agreement as proof of the company’s business address.
5. Bank Certificate: Certificate from a scheduled bank in Pakistan, confirming the opening of a bank account in the company’s name.
Registration Process For Private Limited Company Registration
1. Online Application: Submit the registration application through the SECP’s eServices portal.
2. Payment of Registration Fee: Pay the registration fee, which varies depending on the type of company.
3. Verification and Approval: The SECP will review the application and verify the documents. If everything is in order, the SECP will approve the registration application.
Post-Registration Requirements
1. Registered Office: Must have a registered office in Pakistan.
2. Annual Returns: Must file annual returns with the SECP.
3. Audited Financial Statements: Must prepare audited financial statements.
4. Tax Registration: Must register with the Federal Board of Revenue (FBR) for tax purposes.
Other Requirements For Private Limited Company Registration
1. Company Seal: Must have a company seal.
2. Company Stamp: Must have a company stamp.
3. Letterhead and Stationery: Must have letterhead and stationery with the company’s name and logo.
By fulfilling these requirements, you can successfully register a private limited company in Pakistan.