As per Lawkidunya, Here are the types of business registration in Pakistan:

Types of Business Registration

1. Sole Proprietorship

– Owned and operated by one individual
– Unlimited personal liability
– Simple and inexpensive to register

2. Partnership

– Owned and operated by two or more individuals
– Shared profits and losses
– Partners have unlimited personal liability

3. Private Limited Company (Pvt Ltd)

– Separate legal entity from its owners
– Limited liability for shareholders
– Requires at least two shareholders and two directors

4. Public Limited Company (PLC)

– Listed on a stock exchange
– Shares available for public purchase
– Requires at least seven shareholders and two directors

5. Limited Liability Company (LLC)

– Combines elements of partnerships and corporations
– Limited liability for members
– Flexible management structure

6. Single Member Company (SMC)

– Private limited company with only one shareholder
– Full control and limited liability
– Requires only one director

7. Non-Profit Organization (NPO)

– Formed for charitable, educational, or social purposes
– Tax exemptions and fundraising challenges
– Requires registration with the SECP

8. Foreign Company

– Incorporated outside Pakistan
– Operating within Pakistan
– Requires registration with the SECP

9. Cooperative Society

– Member-owned business
– Shared benefits and democratic management
– Often formed for social or economic goals

10. Company Limited by Shares

– Shareholders’ liability limited to their share capital
– Requires a minimum of two shareholders

11. Company Limited by Guarantee

– Members guarantee a certain amount in case of winding up
– Often used for non-profit organizations

12. Unlimited Company

– Shareholders’ liability unlimited
– Rarely used due to unlimited liability

Each type of business registration has its own advantages and disadvantages. It’s essential to choose the right type of registration for your business to ensure compliance with Pakistani laws and regulations.