Adv Ch Shahid Bhalli

SECP Company Registration in Pakistan Step By Step

As per Lawkidunya, Here’s a step-by-step guide to SECP company registration in Pakistan:

Step 1: Create an Account on SECP’s eServices Portal

1. Visit the SECP website: Go to the Securities and Exchange Commission of Pakistan (SECP) website.
2. Click on eServices: Click on the “eServices” tab on the top menu bar.
3. Register as a user: Click on “Register” and fill out the registration form to create an account.
4. Activate your account: Activate your account by clicking on the verification link sent to your email address.

Step 2: Apply for Company Name Approval

1. Log in to your account: Log in to your eServices account using your username and password.
2. Click on Company Name Approval: Click on the “Company Name Approval” tab.
3. Fill out the application form: Fill out the company name approval application form, providing the required information, such as the proposed company name, business activity, and registered office address.
4. Pay the fee: Pay the required fee for company name approval (PKR 500).
5. Submit the application: Submit the application for company name approval.

Step 3: Prepare and Submit Incorporation Documents

1. Memorandum and Articles of Association (MOA & AOA): Prepare the MOA & AOA, which outline the company’s objectives, structure, and rules.
2. Form 1: Fill out Form 1, which provides information about the company, its directors, and shareholders.
3. Form 21: Fill out Form 21, which provides information about the company’s registered office address.
4. Submit the documents: Submit the MOA & AOA, Form 1, and Form 21 through the eServices portal.
5. Pay the incorporation fee: Pay the required incorporation fee (PKR 10,000 for private limited companies).

Step 4: Obtain a Certificate of Incorporation

1. SECP review: The SECP will review your application and documents.
2. Certificate of Incorporation: If your application is approved, the SECP will issue a Certificate of Incorporation.
3. Download the certificate: Download the Certificate of Incorporation from the eServices portal.

Step 5: Obtain a National Tax Number (NTN) and Sales Tax Registration

1. Federal Board of Revenue (FBR): Register with the FBR to obtain an NTN.
2. Sales Tax Registration: Register for sales tax with the FBR.
3. Obtain a sales tax registration certificate: Obtain a sales tax registration certificate from the FBR.

Step 6: Open a Bank Account

1. Choose a bank: Choose a bank that meets your business needs.
2. Provide required documents: Provide the required documents, such as the Certificate of Incorporation, NTN, and sales tax registration certificate.
3. Open a bank account: Open a bank account in the name of your company.

The SECP company registration process typically takes 7-10 working days. However, this timeframe may vary depending on the complexity of your application and the workload of the SECP.

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