How to Register a Company in Pakistan Every entrepreneur has a dream to become a successful business man. Unique characteristics of company form of organization, e.g. perpetual succession, limited liability, separate legal status, transferability of shares etc, safeguard personal properties of shareholders or directors and enhance the confidence of all stakeholders on the company . […]
Foreign Company Registration in Pakistan A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country (i.e. Pakistan) by an entity based in another country. It is thus distinguished from foreign portfolio investment by a notion of direct control. In foreign portfolio investments an investor merely purchases equities of foreign-based companies. Broadly, foreign direct investment […]
A Wholly Owned Subsidiary Company is an entity of which 100% shares are held by another company. When foreign company makes 100% FDI (Foreign Direct Investment) in Pakistan, the Pakistani company becomes the Wholly Owned Subsidiary of that Foreign Company. A Wholly Owned Subsidiary of Foreign Company can be defined as an entity whose entire […]
In provident fund employer and employee contribute a specific amount and at the end of employment accumulated amount, sum of employer and employee contribution, is paid to employee. Suppose total salary (inclusive of all ):10,500, employee PF contribution:500 Employer’s contribution: 500 Entry will be Salary A/c (10,500)———————-Dr. Employer’s contribution A/c 500——Dr. To Provident Fund Payable […]
Running or growing a business is tough because of burden of administration and accounting cost. A best solution to reduce the accounting cost is to outrace accounting function. Accounting outsourcing requires a business to do work of record maintenance only, which does not require any specialized accounting skill. Ever-changing tax laws have also made it […]
Document attestation from the UAE Embassy United Arab Emirates better known as the UAE or just Emirates is a country of 9.2 million. About 78% of population considered immigrants. The estimated amount of Pakistanis are 1.2 million. Majority of foreign workers came to UAE for better income. For this reason, they required attested documents from concerned […]
With the advancement of technology, distances squeezed and now many things become possible which was considered impossible. One of them is outsourcing of business which emerged as a new sector recently. From Conglomerates to SME’s, majority of successfully companies/businesses are emphasizing on outsourcing of their departments to external vendors. In which one of them is […]
Minister of State for Capital Administration and Development Division has told the House that due to violations in the agreement, Grand Hyatt Hotel’s license for construction of a 5-Star Hotel near the Convention Centre has been canceled. Background of the Problem The issue began back in July when the Capital Development Authority (CDA) issued a […]
OLY Consultant assist you in registration process of securities and exchange commision of Pakistan. SECP offers two ways to register a company: Online Offline In first pace, you decide which method is more convenient for you. Once you finalized then start the process according to rules and regulations defined by SECP. In online System, you […]
SECP offers online/offline name availability option to all participants who want to register company in Pakistan. SECP is Government institution who deals in all corporate matters including company registration. In first step you reserve company name: E.g. KK Consultant (SMC-PVT) Limited. SMC stands for Single Member Company. Now a single person can also be able […]
Dear readers, Are you searching a consultant who assist you in completing your documents for registering a company. Then you reached at a right place. Oly consultant is highly reputable and renowned consultancy firm whose clients across the Pakistan. For registering a company from SECP (Securities and Exchange commission of Pakistan), you need a consultant […]
Quetta is the capital of the province Balochistan. They are the most populous city in the province too since most of the province is a desert and people mainly nomads. People who are working in UAE or applying for a job in UAE and who also belong to Quetta also needs to get their documents […]
There are different documents to be attested by the UAE embassy when you are applying for a visa for a job or other purposes like immigration or studies in UAE. The different documents are varied. They are normally your educational documents such as secondary and higher secondary board certificates (i.e. matriculation and intermediate), degrees, diplomas […]
The UAE Embassy doesn’t deal with the individual applicants directly. The reasons are mainly security, overwhelming crowd of people outside the embassy, and to follow the standard procedure to make sure that the security is not comprised. There are three agents who are providing the attestation and other services such as translation, and consultancy when […]
Nikah nama Attestation from Qatar Embassy While working in Qatar, you are at some point expected to get your documents attested. If you are married you can be asked to verify your marriage certificate to make sure that you and your wife are legal immigrants and have gone through proper channels to work and stay […]
Nikahnama Attestation from UAE embassy Nikahnama and other attestations from the UAE embassy are impossible for an individual as the embassy doesn’t entertain individuals. They have selected only three organizations as agents who could get your documents attested. With the Diaspora of more than 1.2 million, these three agents can not treat their applicants swiftly […]
O-Level and A-Level Equivalence Certificate from IBCC The Inter Board Committee of Chairmen have been authorized by the Ministry of Education to help them out conduct the educational activities primarily concerning the secondary education boards, the higher education secondary boards, and the technical boards all across the country. Providing the equivalence certificate for the O-level […]
Attestation from the IBCC The Inter Board Committee of Chairmen IBCC was formed to carry out tasks like Coordination of educational activities and help the respect boards all across the country. That includes curriculum, testing and evaluation, examinations, educational planning and administration. Apart from that the IBCC also generates the equivalence certificates for the people […]
New Zealand is island country with population of 5 Million. In Pakistan, many people prefer to study abroad especially in developed states and New Zealand is one of them. Here is the list of Universities in New Zealand. Name Main campus Established Auckland University of Technology Auckland 2000 Lincoln University Lincoln 1878 Massey University Palmerston […]
Gulf Embassies in Karachi Many people try to find the addresses of the embassies they are looking for but failed to do and even if they do they find the older one and that information is outdated. Below are the lists of Gulf Embassies in Karachi and their address along with their correct address contact […]
UAE embassy in Islamabad Ambassador: H. E. Essa Abdulla Al Basha Al Noaimi Timings: Embassy: Monday – Friday: 08:00 to 15:00 Consular Services: (Visas, Passports & Legalization): Contact: TELEPHONE (+92) 51 209 9999 FAX (+92) 51 227 9063 EMAIL info.isb@mofa.gov.ae islamabad@mofa.gov.ae WEBSITE uae-embassy.ae/embassies/pk Address: Military Attaché Office Embassy of UAE Diplomatic Enclave, Plot # […]
Pakistan’s e-commerce market is also flourishing at a fast pace as more and more online shopping stores are flooding the newly emerging market. The country’s e-commerce industry has gained tremendous growth over the past five years which has opened doors for many aspirant businesses to tap this market. There are many local small enterprises that […]
UAE since the 21st century has been on a rise both in terms of the infrastructure and economically. It can be credited to their oil exports, tourism and last but not least but the services sector other than the tourism which has grown exponentially. According to Forbes Middle East, 80 percent of the top 50 […]
Top Companies of Saudi Arab Saudi Arabia is one of the richest countries in the world and the most resourceful of all the countries in terms of production of oil and gas. Here is a list of top 5 companies that are based in Saudi Arab. Saudi Basic Industries Corp SABIC is started its operation […]
Bahrain is small island near to Saudi Arab. A 25 km long causeway connected both countries. Bahrain is less richer as compare to KSA, Qatar and United Arab Emirates. In recent years, there is tremendous growth recorded in financial sector of Bahrain. Country is ruled by Al-Khalifa family who is sunni by sect while the […]
Gulf constitute of 2,673,108 Km2 (1,032,093 sq mi) having population of 50 Million with 17.37/km2 population density. Gulf Cooperation council developed in 1981 to strengthen economic and military ties between member companies. GCC accumulative GDP is more than $3 trillion with around $33,005 per capita income. Gulf region is rich with natural resources. Their major […]
Rules for prohibited names by SECP for Companies Name of Company containing country name or nationality other than Pakistan. These names are not allowed unless sufficient justification is provided. Name of Company containing name of two countries i.e. Pakistan/Pak and any other foreign company These words may be included in the name of companies where […]
Oman is the oldest independent Arab state which has been ruled by the monarchy for centuries. Two of their border touches the two seas of Indian Ocean on the southeast and the sea of Oman on the northeastern border, Saudi Arabia is on their west, Yemen is at south and UAE is on their northern border. […]
Kuwait officially known as the State of Kuwait is an oil-rich country on the edge of the Arabian Sea bordering Iraq and Saudi Arabia. It has a population of 4.2 million with 1.3 million are Kuwaiti nationals constitutes of 30% of the population, whereas the 2.9 million are the expatriates or the Diasporas from countries […]
Qatar was a British Protectorate in the early 20th century and gained independence in 1971 and since then it is a free and soverign country officially known as the State of Qatar. The current ruler is Emir Sheikh Tamim bin Hamad Al Thani of house Thani and the whole family has been since 1971 but they […]
