Process of Registartion of Company in Pakistan

Public limited Company

Private Limited Company

Single Memeber Company

PROCEDURE OF REGISTARTION OF COMPANY IN PAKISTAN

Brief Description: Two or more persons so associated may form a private limited company by complying with the requirements in respect of registration of a private company and such other requirement as may be specified.

Overview: Two or more persons so associated may form a private limited company by complying with the requirements in respect of registration of a private company and such other requirement as may be specified

Incorporation Process:

Company incorporation may be completed in a TWO STEP PROCESS or a COMBINED PROCESS.

TWO STEP PROCESS:

1- 1st Step: Name Reservation

2- 2nd Step: Company Incorporation.

Both steps can be completed online as well as offline.

COMBINED PROCESS (available online only):

Where you submit application for Name Reservation and Incorporation simultaneously. In this process Memorandum of Association and Articles of Association are generated automatically.

Basic Requirements for Private Company Incorporation:

• A suitable Company Name.

• Principle Line of Business of the Company.

• Registered Office Address.

• Subscriber/Shareholder (persons who will take shares of the company).

• Directors (persons who will manage affairs of the company on behalf of the shareholders).

• Memorandum of Association: It is a basic constitutive document for company formation. It includes five clauses defining: Company Name, Location of registered office, Principle line of business, limited liability of company and its authorized capital. Samples available on this link.

• Articles of Association: A statutory document that specifies regulations for managing company’s affairs e.g. number of maximum directors, manner of transfer of shares, holding of board and general meetings etc.

• CNIC copies of partners and of designated partners and in case of physical application, of witness to the documents.

• Application forms for Name Reservation (Inc.-Form I) and Incorporation (Inc.-Form II) prescribed through Companies (Incorporation) Regulations, 2017.