Islamabad is capital of Pakistan; it is among the top ten most beautiful cities of the world. It is the financial and investment hub of Pakistan. CEPEC is further increasing the investment opportunities in the city. Both foreign and domestic investment of millions of dollars made every year.
Highest per capital income, developed infrastructure, largest population, strategic location and many other factors have and made the city most attractive for investment.
Securities and Exchange Commission of Pakistan (SECP), the apex regulator of corporate sector, have 12 Company Registration Offices (CRO’s) in all over the country. CRO Islamabad is responsible to register companies in Rawalpindi and Islamabad.
Step No. 1 (Name Availability)
The first step in company Registration in Pakistan is to make an application to the registrar of companies for the availability of name. The application can be made both online and in offline mode and normally takes a period of 3 to 4 days before confirmation of the name applied for new company registration in Pakistan. Before making an application to the Securities and Exchange Commission of Pakistan for company registration please do not forget to do Company Name Search on the Securities and Exchange Commission of Pakistan website. Once the name is confirmed you can proceed with the process of company registration in Pakistan.
Step No. 2 (Preparation of Documents)
The second step in company registration in Pakistan is to start preparing documents necessary for the process of company registration. The following are the set of documents need to be prepared in order to successfully complete the process of company registration in Pakistan:
- Memorandum of Association
Memorandum of Association is the basic document where all the objectives of the company registration are stated e.g. the basic objective of company registration is to engage in the business of general order supplier or trading company or any other business.
- Articles of Association
Articles of Association is the basic document where all the rules of the company to operate are stated e.g. How directors are going to operate, when how General Meetings of the company undergoing the process of company registration in Pakistan is to be conducted etc.
Four copies of Articles of Association must be prepared also.
- Form 1
Form I for company registration is the basically a declaration of one of the directors of the company about to be registered. Form 1 can be downloaded from Securities and Exchange Commission of Pakistan website. This is another compulsory component of company registration process in Pakistan.
- Form 21
Form 21 is the form whereby the address of company undergoing the process of company registration in Pakistan is notified to the registrar.
- Form 29
Form 29 contains information about the particulars of the directors of the company that is undergoing the process of company registration in Pakistan. Form 29 is submitted in duplicate.
- Power of Attorney
Power of Attorney in favor of any person authorized to submit documents and liaison with the company registration office about different issues during company registration in Pakistan.
- Copies of CNIC’s of Directors
Copy of CNIC of Directors
- Name Availability Letter/Email Original from SECP