First, a request for the choice of names is made to the registrar of the firms. The request can be made in both online and offline mode. For this reason, it takes 3 to 4 days. Then, we search the firm label on the site of the Securities and Exchange Commission of Pakistan.
Next, assemble all the needed, as well as important items. Below, is the list of things that are needed for the process: Memorandum of Association: |Articles of Association |Form 1
|Form 21|Form 29 |Power of Attorney
Copies of CNIC’s of the Directors and Name availability letter or the original form of SECP.
Finally, we submit the documents to the registrar of the firms. Next, checking them and confirming if they are correct, the SECP will thus give the license to the company. Moreover, this will take three to five working days and after this the process of registration finally completes.
After that, shareholders must deliver their corresponding amounts to the firm’s bank account.
In conclusion, the last step is the registration with the Federal Board of Revenue (FBR), as well as, the issuance of NTN. Also, a sales tax registration number may be registered, above all, if applicable and just like this your organization will be certified too.
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