31Mar 2015
SECP pakistan -islamabad-lahore-karachi

Provisions for registered office for the company registration in Pakistan: The provisions of companies ordinance, 1984 relating to companies registered in Pakistan are as follows: A company registered in Pakistan should have a registered office address within 28 days of obtaining certificate to commence business in case of public limited company and in case of […]

31Mar 2015
secp pakistan - company registraiton

Different types of companies registered in Pakistan (Classification based by virtue of legal form): By virtue of legal form companies can be classified into following types: Statutory Company The company that is formed under special statue is called statutory company. This type of company is governed by the ordinance under which this type of company […]

31Mar 2015
Secp - Pakistan

Company Registered as Private Limited Company Company Registered as Single Member Company    1.      A company registered as Private Limited Company cannot invite subscriptions from general public.    1.      This condition is same for the company registered as Single Member Company.    2.      Transfer of shares is prohibited in the company registered as private limited […]

31Mar 2015
SECP pakistan -islamabad-lahore-karachi

The Procedure for Reduction of Share Capital. How to Reduce Share Capital of the Company After company registration if any time the directors or members of the company decide that they want to reduce the share capital of the company following procedure should be followed as per the articles of companies’ ordinance, 1984: Un-paid share […]

31Mar 2015
punjab luxury tax pakistan

What is online ntn verification? Online ntn verification is the process whereby you can confirm the National tax number of any Individual tax payer, firm or company through online record of Federal Board of Revenue. Federal Board of Revenue is the body responsible for maintaining the record of all the tax payers in the country. […]

31Mar 2015
tax fbr tax pakistani tax

Partnership firm registration is the form of business whereby the profit and losses are shared between the partners in pre-determined ratio. Partnership firm registration is often preferred by business over private limited company registration because taxation rates are generally low on partnership firm registration as compare to private limited companies. However, other aspect of registering […]

31Mar 2015
tax by punjab government

Sole proprietor is the type of business run and managed by a single person or in the meaning of law there is no distinction between the owner and business in terms of law. In simple words any case or suit filed against the business will be treated as it is filed directly against the owner. […]

31Mar 2015
secp pakistan - company registraiton

Company Registration in Pakistan and different terms used with reference to share capital: As director of the  company having registration in Pakistan understanding of different terms used with reference to the share capital of the company is inevitable. These different kinds of share capital are mentioned below: Nominal or Authorized Capital: Nominal or authorized capital […]

31Mar 2015
secp pakistan - company registraiton

Before discussing the advantages of business registration as Private Limited Company it is necessary to understand what is a Private Limited company? Every company when registered anywhere in the world has to specify that how much capital the owners of the company are going to invest in the company. This amount is known as the […]

31Mar 2015
secp pakistan - company registraiton

or company registration in Pakistan requirements for selection of the Name: As soon as the promoters or proposed directors of the company make a decision for the company registration in Pakistan the next major step is to select a name that is appropriate for the business. To register a name before company registration in Pakistan […]

31Mar 2015
Fortune 500 Companies

oly a reputable name in corporate consultancy offers company registration services in Islamabad Pakistan for as low as Rs. 15,000 including all dues with 2 directors and capital of Rs. 100,000 or below. If you are in exploring more about the company registration process in Pakistan detailed information about company registration is mentioned below. The process […]

28Mar 2015
Pakistani Political Parties and their Flags

Political Parties seat positions in National Assembly  Political Party No of Seats Pakistan Muslim League (N) 188 Pakistan People Party Parllimentarians 46 Pakistan Tahreek e Insaf 33 Muttahidda Qaumi Movement 23 Jamiat Ulama e Islam (F) 13 Pakistan Muslim League (F) 5 Jamaat-e-Islami 4 Pukhtoonkhwa Milli Awami Party 4 National Peoples Party 2 Pakistan Muslim […]

28Mar 2015
US Embassy in Pakistan

Here is the list of Contact details of Embassies in Islamabad,Karachi,Lahore,Peshaware and Multan. Afghani Embassy in Islamabad, Pakistan Embassy of the Islamic Republic of Afghanistan in Islamabad, Pakistan House No. 8, Street 90, G-6/3 Islamabad, Pakistan City: Islamabad Phone: (+92-51) 282 4505/6 Fax: (+92-51) 282 4504 Website: http://islamabad.mfa.gov.af Email: contact@islamabad.mfa.gov.af Afghani Consulate in Karachi, Pakistan […]

28Mar 2015
Jovago.com

Rocket Internet AG, under its holding firm the Asia Pacific Internet Group, has announced the official launch of its hotel-booking platform, Jovago, in Pakistan. In a ceremony held at Mövenpick, Karachi, Jovago launched its online hotel booking service portal for the domestic travellers of Pakistan, thus revealing a wide variety of options to choose from […]

27Mar 2015
Pakistan Economy

China said on Sunday that it has no worries on what needs to be done to boost its flagging economy. Prime Minister Li Keqiang emphasized at a press conference in Beijing that the government would take more forceful measures if slowing growth begins to hit jobs as well as the income. He said an example […]

26Mar 2015
Justice Hazar Khan Khos

Moody’s Investors Service has revised the outlook on Pakistan’s foreign currency government bond rating to positive from stable. The rating is affirmed at Caa1. Concurrently, Moody’s has affirmed the government’s issuer rating and senior unsecured rating at Caa1. The Caa1 rating is also affirmed for US dollar Trust Certificates issued by The Second Pakistan International […]

23Mar 2015
Give Respect and get Respect

Would you like to become a successful professional person? Then adapt our three traits in your personality. Thank You! I am Sorry! Smile 🙂 Now you’re thinking how these three things make you successful person. We start it from descending order. Smiley face always attracts the next person. This gesture shows that you’re a friendly […]

22Mar 2015
Hascol Pakistan

The first cargo of Liquefied Natural Gas (LNG) exported by Qatari supplier, Qatargas, is scheduled to reach the Port Qasim LNG terminal on March 26. Sources said that Qatar is providing the LNG to Pakistan at $8 to $9 per Million British Thermal Units (MMBTU). The need to import LNG is a result of the […]

21Mar 2015
pakistan bank rate

Pakistan Economy: Broad economic improvements continue as a sustained low CPI is followed by an improving current account balance with stable currency and ever improving reserves. Mar’14 CPI is expected at 2.6%YoY compared to 8.5% in Mar’14 where despite upward MoM pressure, a favorable base effect will likely keep inflation on the lower side. Average […]

20Mar 2015
Hascol Pakistan

Kot Addu power company (KAPCO) announced its financial result for 1HFY15. Company profit after taxation (PAT) robustly up by 70% to Rs 4.83 billion (EPS: Rs 5.49) compared to Rs 2.84 billion (EPS: Rs 3.23) for the corresponding period last year. Better earning was evident due to lower maintenance cost against last year same period […]

19Mar 2015
Cement FCCL

Fauji Cement Company Limited (FCCL) showed respectable growth in profitability as company posted earning of Rs 1,668 million (EPS: Rs 1.25) in 1HFY15 compared to Rs 1,251 million (EPS: Rs 0.94) in 1HFY14, depicting surge by 33%. This is mainly due to higher retention prices, better volumes, hike in other income and reduction in financing […]

18Mar 2015
Power Breakfall in Pakistan

In our today’s morning report we would discuss the performance of the Power sector during the 1HFY15. Earnings momentum continues With continuation of gigantic growth of earning in power sector companies during 1QFY15, 2QFY15 too remain impressive for the sector as cumulative earnings of four companies i.e. (HUBC, KAPCO, NCPL, NPL) in our sample size […]

17Mar 2015
Pakistan Capoeria Academy

The Embassy of Brazil in Islamabad on Tuesday held a ceremony in honour of the Shayan Ali and Mirwais, Pakistan athletes, who recently came back from Brazil. These athletes were sent to Brazil by the Embassy of Brazil for an advanced three-week training course in Capoeira at ABADA Capoeira Training Centre in Rio de Janeiro. […]

11Mar 2015
Cars in Pakistan

In our today’s morning report we will discuss the latest data released on the automobile industry by the Pakistan Automotive Manufacturing Association (PAMA). Cumulative sales up by 17% As per data available, overall auto sales (Car, LCV & Pickup) reached 102,491 units in 8MFY15 compared to auto sales of 87,951 units in 8MFY14, depicting surge […]

10Mar 2015
Kaymu Karachi Office

Kaymu.pk, a leading online marketplace, recently completed its second year of operations in Pakistan. The landmark was celebrated with an all employee event which was held in Kaymu.pk’s offices in Lahore and Karachi, with both stations in live video conference with all employees involved. Speaking about Kaymu.pk’s two year journey in Pakistan, Country Manager, Mr […]

09Mar 2015
Automobile Financing in Pakistan

Once you decide you want a new car, the first thing you should do is figure out how much car you can afford. Calculate this amount before you go shopping; don’t let a car dealer influence your decision. Figure out how big a loan you should get. A good rule of thumb: Your monthly car […]

09Mar 2015
Pakistan financial Portal

Tired of running around in circles? No need confuse yourself over different banks. Choosing the bank that provides you the most suited package for your needs can be tough. That’s why we are here to lend you a helping hand. It is the first and foremost service of its kind being offered in Pakistan. We offer […]

09Mar 2015
Fixed Deposits

We live in a world today where most of the youth population does not take heed into savings and protecting a sum of money that they could in the future. Very limited focus and stress has been put on how people can invest and save money to secure it for rainy days ahead. Unfortunately, due […]

09Mar 2015
nigerian bank scam

You got your first salary. Congratulations! The first thing that people will tell you to do now is to open up a bank account. Saving up your money in a bank account has a lot of benefits. You keep your spending in check, earn a profit on your savings and even avail other banking services […]