Securities & exchange commission of pakistan (secp) has made the registration process of company very easy in the past few years now you can register your business as a company within 4 hours and with a nominal fee. Company/ntn/pseb registration process just in two steps in gujranwala pakistan gujranwala is an industrial city in gujranwala district in the province of punjab in pakistan. Registration every person in sectors mentioned above, who makes a taxable supply in pakistan is required to be registered under the sales tax act however, manufacturers having taxable turnover below five million rupees and also utility bill below rs. The registration process of a sole proprietor law company business partnership essay as we know that sole trader is a business that automatically gets started when a sole trader or single person decides to enter into business of their own choice.
In pakistan right now its a good business to start but for this its important to knows that how to open it all requirements and process for registration to to get its license in the last year, for travel agency it becomes optional to be licensed. A firm is a relationship between two or more persons who have agreed to share profits of a business according to their participation the partners are collectively called a firm and the name under which they do business is called the firm name. The process of incorporation of a company takes place once the nature of business and the type of company has been decidedthe process of registration of a company is not complicated and if the rules set by the government of pakistan are followed properly then one can easily register a company in pakistan. Securities and exchange commission of pakistan, known as, secp provides company registration process in pakistan under companies' ordinance 2017 secp charges official fee according to their authorized capital at time of company registration in pakistan.
Securities and exchange commission of pakistan established under the pakistan act 1997 it was operational as a body corporate on 1st january 1999 important functions of the sec is registration of companies this task has been entrusted to the registration department, company law division which has its field offices known as company. A business register is a comprehensive database containing all significantly active businesses entities (establishments as well as enterprises) in the country together with their contact and classification information. In pakistan, companies are incorporated and regulated by the companies ordinance, 1984 while securities and exchange commission of pakistan (secp) is a regulatory authority established for.
Company registration fee in pakistan securities and exchange commission of pakistan (secp) is the only authority who provides services for registration of companies in pakistan under company act 2017. Frequently asked questions about partnership law in pakistan:q what is the definition of partnership under partnership act, 1932 a partnership is the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all. The registration process usually takes 2 weeks or less depending on company registry workload and processing speed, your requirements availability and readiness with payment required for ecitizen registration fees. The registration process is taken care by securities and exchange commission of pakistan (secp) secp is the only body who has the powers of company registration secp is the only body who has the.
Formation of company in karachi pakistan incorporation and registration of company to start business in pakistan our law firm is well recognized for offering services for registration of a company in pakistan, registration of a private limited company in pakistan, registration of a single member company in pakistan, registration of a pubic limited company in karachi, lahore, islamabad. (last updated on: 18/04/2017) e-filing 0r e-enrollment is a facility provided to the taxpayers by the federal board of revenue (fbr) to file income tax returns/statements through the internet. The process of company registration in pakistan is not very complicated as compared to registration in other parts of the world, however to start the procedure and get incorporated successfully one has to go through the following procedure.
The e-services project of the securities and exchange commission of pakistan (secp) is an electronic data gathering and retrieval system that would perform automated collection, acceptance and forwarding of submissions by companies who are required by law to file forms and documents with the secp. Pakistan pharmaceutical country profile iii foreword this 2010 pharmaceutical country profile for pakistan has been produced by the ministry of health with support of the world health organization. Registration of patents in pakistan laws of pakistan regarding patents this brief overview of patents and designs laws of pakistan explains, in a very general terms, the procedure for registration of patents and designs in pakistan. After confirmation of official bank fee / company registration fee, concerned cro takes 3-4 weeks for completion of company registration process in pakistan if there is any discrepancy arises, it may take more time.