Multan is fifth largest city of Pakistan, it is like economic hub of Southern Punjab. Multan is connected to motorway and national highway. It has good infrastructural and communication facilities. Multan is like commercial capital of southern Punjab as a large area of the region depends upon Multan for trading and commercial activities.
Multan has large industrial area and large industrial units are working in the city, thousands of business units are working in the city. Multan city facilitate export of fruits and capital crops as the region is famous for production for dates, cotton, mangoes etc., Ceramic and handicraft industry is also major sector of Multan’s economy.
CEPEC is further increasing the investment opportunities in the city. Both foreign and domestic investment of millions of dollars made every year in Pakistan. So much activities are witnessed for Company Registration in Multan .
In recent years high GDP growth has been witnessed in the country, further China Pakistan Economic Corridor (CEPEC) will lead to economic revolution. Multan is also part of CEPEC which will further enhance economic activities in the cities.
Setup Company in Multan
In order to grab coming economic opportunities it is right time to start a business in Multan 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 Multan is now not a lengthy process.
Company Registration Steps
Company registration procedure consists of few steps and these steps are described below in detail.
Security and Exchange Commission of Pakistan has established e-portal to facilitate online company registration process .
Step-1 Creation of User ID :
In first step User ID for each promoter (director) of company is created , various particulars relating to the promoter are required. After successful filing of form, password and PIN Code is sent on both mobile and email .
Step-2 Name Availability:
While searching/selecting your company name, be careful that your company name should be unique in all respect. It indicates the worth of your company.
- Company name should not be on the name of the country,
- Should not be controversy
- Should not be inappropriate
- Should not be identical to other business name
Fill in the name reservation form on SECP e-portal with accurate spelling . Print the challan and deposit fee in any branch of UBL or MCB.
Once your company name is reserved,it will be stay reserved for the period of ninety days (90). After ninety days, your name will be expire and available for registration for others.
Submission of Document
After name reservations following legal documents are required to be submitted to complete the registration process
- Memorandum of Article
- Article of Association
- Form 1
- Form 21
- Form 29
To save your time, money and energy hire our professional services for the process of company registration in Pakistan.
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