The Securities and Exchange Commission of Pakistan (SECP) is the legal entity that handles company registration in Pakistan. The registration process with SECP can be completed by anyone.
In Pakistan, company registration consists of the following steps:
Registration of a company in Pakistan involves the following steps:
Applicants must first obtain approval from the Commission for their proposed company names. It is important for the applicant to select their company’s name carefully as it will be registered under this name or its abbreviations or variations. No matter how new or existing the name is, it will be thoroughly scrutinized. Prior to giving you the OK on incorporation, the agency will look into every aspect of your proposed business name:
The next step in registering your business is obtaining an NTN number. To facilitate the filing of tax returns or paying taxes on business income, businesses are required to obtain a unique numerical identification in order to track their records. The Federal Board of Revenue (FBR) will allow you to file your tax returns once you have been assigned an NTN number.
Registering a company in Pakistan ends with a certificate of incorporation. In addition to the name and address of your company, the certificate is issued by SECP. This certificate also contains your company’s registration number.
It may seem complex at first, but once you get the hang of it, it’s not too bad. Having done that, you will find incorporating your own company much easier than registering through other government agencies.
Registration with SECP is open to anyone. The process of starting a company in Pakistan does not require a license or permit.
Companies in Pakistan are regulated by SECP, a government agency. Islamabad is the head office, and Lahore, Karachi, Peshawar, Quetta, and Multan are its regional offices.
All private businesses operating within Pakistan’s territorial jurisdiction that are not public limited companies (PLCs) are registered with SECP. Therefore, private companies do not have to publish their financial accounts, but must still comply with certain other regulations (for example, filing annual returns).
You can trust our Corporate House with all your business affairs. In addition to helping startups register companies in Pakistan, we are experts in corporate registration. Get in touch with us if you’re looking for a reliable solution!