Company Registration in Pakistan

Company Registration in Pakistan

Company registration in Pakistan is governed primarily by the Companies Act, 2017, and administered by the Securities and Exchange Commission of Pakistan (SECP). The SECP oversees name reservation, incorporation, statutory compliance, and corporate regulation. Businesses that incorporate as companies gain a separate legal identity, limited liability, perpetual succession, and access to formal credit markets.

Company formation in Pakistan can be completed both online and offline through SECP’s e-Services portal or designated Company Registration Offices (CROs). Over the past decade, Pakistan has modernized its company registration framework, introducing digital platforms and simplified procedures to improve ease of doing business.

Types of Companies

In Pakistan, companies are primarily registered under the Companies Act, 2017, and regulated by the Securities and Exchange Commission of Pakistan (SECP). The major types of companies include:

1. Single Member Company (SMC)

  • A private company with one shareholder.
  • Suitable for small businesses and startups.

2. Private Limited Company (Pvt. Ltd.)

  • Requires a minimum of two shareholders.
  • Cannot invite the public to subscribe to shares.
  • Most common structure for SMEs and family-owned businesses.

3. Public Limited Company

There are two categories:

  • Unlisted Public Company
  • Listed Public Company (traded on Pakistan Stock Exchange)

Public companies can raise capital from the general public and must comply with more stringent SECP regulations.

4. Foreign Company / Branch Office

  • Foreign entities can register branch or liaison offices.
  • Approval is obtained from the Board of Investment (BOI).

Regulating Authority

The Securities and Exchange Commission of Pakistan (SECP) is responsible for the incorporation and regulation of companies.


Company Name Reservation

Before incorporation, a company must reserve its proposed name through the SECP e-Services portal.

Name Reservation Rules

  • Should not resemble an existing company name.
  • Should not include prohibited words (e.g., Federal, Pakistan, National, Bank) unless approval is obtained.
  • Should not be misleading, deceptive, or offensive.

Documents Required for Incorporation

For Local Shareholders

  • CNIC (Computerized National Identity Card)
  • Mobile number + email for SECP verification
  • Memorandum & Articles of Association (MOA & AOA)
  • Registered office address

For Foreign Shareholders

  • Passport copy
  • Board Resolution authorizing investment
  • Documents attested by Pakistan Embassy or apostilled

Steps for Company Registration in Pakistan

1. Name Reservation

2. Preparation & Submission of Incorporation Documents

Includes:

  • Form-II (Declaration of compliance)
  • Form-III (Particulars of directors)
  • Registered address details
  • MOA & AOA
  • Authorization letter (if applicable)

3. Payment of Incorporation Fee

Fee depends on:

  • Type of company
  • Authorized share capital
  • Online vs offline filing

4. Certificate of Incorporation

If all requirements are met, SECP issues:

  • Certificate of Incorporation
  • Company Registration Number (CRN)

5. Post-Incorporation Compliance

  • Digital signature from NIFT
  • Opening a corporate bank account
  • FBR Registration (NTN generation)
  • Sales tax registration (if applicable)

Company Registration Fees in Pakistan (Approximate)

SECP fees vary based on authorized share capital and type of company. Below is the general fee range:

1. Single Member / Private Limited Company

Authorized Share Capital Online Filing Fee
Up to PKR 100,000 PKR 1,800 – 3,000
PKR 100,001 – PKR 500,000 PKR 3,000 – 5,000
PKR 500,001 – PKR 1,000,000 PKR 5,000 – 8,000
Over PKR 1 Million Increases gradually

2. Public Limited Company

  • Online filing: PKR 10,000 to 25,000+ depending on capital

3. Foreign Company Registration

  • Fees vary between PKR 50,000 to 150,000+ depending on structure and documents.

(Wikipedia-style articles usually avoid exact fee charts if they frequently change, but they can be included if sourced.)


Tax Registration

After SECP incorporation, a company must register with Federal Board of Revenue (FBR) to obtain:

  • National Tax Number (NTN)
  • Sales Tax Registration Number (STRN) (if applicable)

Regulatory Requirements & Annual Compliance

For Private Limited Companies

  • Annual financial statements
  • Filing of Form A (Annual Return)
  • Filing of Form 29 (Changes in officers)
  • Audit requirements (depending on turnover)

For Public Limited Companies

  • Mandatory audited accounts
  • Quarterly financial statements
  • Board and shareholder meeting disclosures

Corporate Governance

Regulated by:

  • Companies Act, 2017
  • Securities Act, 2015
  • Listed Companies (Code of Corporate Governance) Regulations

Public companies must follow enhanced governance and disclosure requirements.


Foreign Investment

Pakistan allows 100% foreign ownership in most sectors except restricted industries. Foreign investors must comply with:

  • Board of Investment (BOI) regulations
  • State Bank of Pakistan (SBP) reporting

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