Sindh is the second largest Province of Pakistani, Karachi , Hyderabad, Sukkur, Mirpurkhas and Larkana are major cities of the provinces. Sindh share in the GDP of the country is between 20% – 25% .
Karachi is stilled considered financial capital of Pakistan, GDP Contribution of the city is not much greater but as head offices of major banks and FMCG’s companies are situated in Karachi, hence large portion of revenue is collected from the city.
Agriculture of Sindh economy is also health, many unique crops are produced in Sindh only. Capital crops like cotton, rice, jute and sugarcane, so many manufacturing companies which need this special crops as raw materials have established their manufacturing units in Sindh.
Karachi is provincial capital of Sindh, Karachi
Company Registration Process in Sindh
Two Company Registration Offices are working in Sindh i.e. Karachi and Sukkur. Hundreds of companies are registered by these CRO’s every month.
Company Registration Process in Sind : Step No. 1 (Name Availability)
The first step of company registration is to apply for company name before making an application to the Securities and Exchange Commission of Pakistan for company registration please search name on the Securities and Exchange Commission of Pakistan website and then apply for the name.
Company Registration Process in Punjab: Step No. 2 (Preparation of Documents)
The second step in company registration in Punjab is drafting basic legal document of the company.
Memorandum of Association: Memorandum define the name of company, principal place of business, principal activities, liability and share capital
Articles of Association:
Articles defines the rules and reguslations of the company.
Different forms, relating to particulars of directors, CEO, Principal activity, address and other matters are filed for registration
Company Registration Process in Punjab: Step No. 3 (Fees and Certificate of Incorporation)
After preparation of documents fee as per share capital of the company is deposited in the designated branches of UBL and MCB. Concerned officers of SECP review the documents, if any discrepancies or contradiction to Companies Act are found the documents are resubmitted