REGISTER COMPANY IN PAKISTAN

Register Your Company in Pakistan for as low as Rs. 20,000/-

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Fair Tax International helped me register company in Pakistan. They helped me understand different types of business in Pakistan and recommended me the best option for my business.

I am very happy with their service.

Mr. Hafeez ur Rehman

Owner, Everbright Builders Pvt Ltd

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Why Choose Us?

Quick Service

We help you register your company in Pakistan as quickly as 48 hours. Just provide us with requisite information and we will do the rest.

Remote Services

You do not need to visit our office. We can communicate online and the entire process can be completed from the comfort of your home.

Over a Decade of Experience

Our team is highly experienced in the field and has a combined experience of over 10 years in registering every size and type of company in Pakistan.

Dedicated Manager

We make sure that you are given a dedicated manager for effective communication. Your manager will also guide you along the way during the incorporation process

Advise on Type of Company

We not only register company but also help you understand the different types of businesses in Pakistan and advise on the type that best suits your needs.

Free Guide

We also provide you with a guide/ report that will help you comply with the relevant laws in Pakistan and will help you avoid unncessary fines and penalties.

Should I register company in pakistan?

The answer to this question depends on a number of factors. Hence, it is important to get free consultancy and advise from a reputable consultant like Fair Tax International. A company has some advantages as well as some disadvantages as compared to an Association of Persons (AOP) and a Sole Proprietorship, which are explained below.

Advantages

The advantages to register company in Pakistan are provided as under;

1. Separate Legal Entity

A company is legally a separate entity. Hence, unlike a sole proprietorship, in case of audit of the affairs of the shareholders, the affairs of the company are not audited and vice versa.

2. Limited Liability

You may register a limited liability company. Meaning, in case of liquidation/bankruptcy of the company, the liability of the shareholders would be restricted to any amount unpaid on the shares.

3. Taxation

In cases of higher taxable income, companies ar at advantage to pay taxes at a flat rate.

 Disadvantages

The disadvantages to register company in Pakistan are as under;

1. Additional Documentation

A company is required to maintain and submit additional documentations like Annual General Meetings and Financial Statements to SECP.

2. Costly

The additional documentations and setting up is comparatively costly than setting up a sole-proprietorship and an AOP, as registration fee based on the Authoirzed share capital is paid to SECP.

3. Taxation

In cases of lower taxable income, companies are at a adisadvantage to pay taxes at a flat rate.

Steps to register company in pakistan

Once the type of company you want to register in Pakistan is decided, it is then upto our qualified tax consultants to take care of the rest.

The time required to register company in Pakistan depends on a number of factors, including the type of company and the activity of the company. However, a private limited company may be registered within 48 hours.

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Select the type of Company

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Reserve name of the Company

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Apply for Incorporation

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Submit required documents

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Pay the Fee

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Get Certificate of Incorporation

Register Company in Pakistan! But Which One?

Alot of people are confused in the type of companies that can be registered in Pakistan.Before you register company in Pakistan, you need to be aware of the different types of companies. There are mainly two type of companies, i.e. Limited Companies and Unlimited Company. However, they can further be catogorized.

LIMITED COMPANY

Limited Companies are of 2 sub-types. i.e. Limited by shares and Limited by guarantee.

1. Limited by Shares

Limited by shares companies are those type of companies, in which the liabilities of members is limited to the amount unpaid on the shares, if any. Hence, in case of bankruptcy, the members are only liable to pay the amount which is due on the shares for which any payment is due. The members are not liable to pay any amount apart from this , from their personal assets.

The limited by shares could be either a private limited company or a public limited company.

a. Private Limited Company

A private limited company can be either a single member company or multi-member company. A private limited company can not offer its shares to general public at large and hence can not be traded on stock exchange.

b. Public Limited Company

A public limited company can offer its shares to general public. It can either be listed company or unlisted company. The listed company shares are traded on stock exchange, however, the unlisted company is not listed on stock exchange.

2. Limited by Guarantee

A Guarantee Company may be of two types: i.e. (i) having share capital and (ii) not having share capital.

In limited by guarantee companies, members undertake to contribute to the assets of the company in case of wound up, while he is a member or within one year afterwards, for payment of the debts and liabilities of the company contracted before he ceases to be a member, and of the costs, charges and expenses of winding up, and for adjustment of the rights of the contributories among themselves such amount as may be required, not exceeding a specified amount.

UNLIMITED COMPANY

In an un-limited company, the liabilities of the members is unlimited. Hence, in the case of liquidation/ winding up, if the assets of the company are not sufficient to settle its liabilities, the members would be legally bound to pay the company’s liabilities from their personal assets.