Company Registration in Faisalabad

Faisalabad is the third largest city of Pakistan; Faisalabad is industrial hub of the Punjab. Beside thousands of power looms, cottage industries and small industrial units , hundreds of  large and heavy industrial setups are working in the city. Faisalabad contributes over 20% toward Pakistan’s annual GDP; therefore, it is often referred to as the “Manchester of Pakistan”.

The surrounding countryside, irrigated by the lower Chenab River, produces cotton, wheat, sugarcane, vegetables and fruits. The city is an industrial centre with major railway repair yards, engineering works, and mills that process sugar, flour, and oil seed. Faisalabad is a major producer of superphosphates, cotton and silk textiles, hosiery, dyes, industrial chemicals, beverages, clothing, pulp and paper, printing, agricultural equipment, and ghee (clarified butter). The city has a major dry port and international airport.

CEPEC is further increasing the investment opportunities in the city. Both foreign and domestic investment of billions of dollars made every year in Pakistan. So much activity are witnessed for Company Registration in Faisalabad

In recent years high GDP growth has been witnessed in the country, further China Pakistan Economic Corridor (CEPEC) will lead to economic revolution.

Setup Company in Faisalabad

In order to grab coming economic opportunities it is right time to start a business in thw city. If you are interested in starting business then corporate form of business render a lot benefits to you, some benefits include limited liability, enhanced confidence of stake holders, world-wide recognition being a corporate entity. To promote corporate culture SECP has taken step to remove complexities from registration process Company Registration in Faisalabad is now not a lengthy process.

Step by Step Process of Company Registration in Faisalabad

1. Availability of Name

Step one of company registration is to select a company name, company name must be unique. Companies Act, 2017 requires that the Nature of Business must be reflected in the company name. Hence, the word trader, impex, solutions, consultant, industries et. SECP will issue a letter regarding availability of name.

2. Documents and Fees

Second step is documentation and incorporation fees deposit and submit required documents.

Documents For Online Process

• Copy of Name applicability letter
• Fee Challan
• Copies of CNIC of  Promoter
• Bio-data of subscribers
• Memorandum and Articles of Association signed by all directors

For Manual Process

• Copy of Name applicability letter
• Fee Challan
• Copies of CNIC of Promoters
• Bio-data of subscribers
• Four copies of Memorandum and Articles of Association signed by each director
• Form 1, Form 21 and Form 29

3. Documents Submission

All documents will be submitted in the relevant CRO. In case of online incorporation all documents will be submitted electronically in PDF format.

4. Certificate of Incorporation

After receiving incorporation documents the same will be examined. All documents should be in line with the requirements of Companies Act 2017.

• Certificate of Incorporation
• Form 1, Form 21 and Form 29

We have been providing services of Company Registration  if you need any help regarding registration of company in any city feel free to contact us.