Company registration in Pakistan is now a fast and digitized process. Managed by the Securities and Exchange Commission of Pakistan (SECP), it usually takes 3 to 5 working days if all documents are complete. The process is mainly online through the SECP eservices portal, making it convenient for business owners across Pakistan.
Registering for a company officially allows you to operate legally, open a business bank account, and comply with tax laws. This article explains the full process in simple, easy-to-understand steps, including documents, fees, and post-registration requirements.
Name reservation for your company
The first step in company registration in Pakistan is reserving a unique name. This ensures that your company has an official identity and is recognized by SECP. You can apply for a company name online through the SECP website.
The cost for a name reservation is approximately PKR 200. You must ensure that your chosen name is not like existing companies. Once the name is approved, SECP will issue a Name Reservation Certificate, which is valid for 90 days. This certificate is required to proceed with the incorporation of documents.
Documentation preparation
After reserving the name, the next step is preparing the required documents. This includes drafting the Memorandum of Association and Articles of Association.
The Memorandum of Association outlines the company’s objectives, purpose, and scope of business. The Articles of Association define the internal rules, roles, and responsibilities of directors and shareholders. Both documents must comply with SECP regulations. Properly drafted documents reduce errors during the registration process and ensure smooth approval.
Application submission
Once documents are ready, you need to submit incorporation forms to SECP. These include Form I (declaration by directors), Form II (registration application), and Form 21 (registered office address). Copies of CNIC or passports of all directors and shareholders are also required.
SECP reviews these forms to verify compliance. Errors in submission can delay the process. Submitting accurate information ensures that the review is smooth, speeding up the registration timeline. Read our latest news on FBR’s plan to monitor businesses online across Pakistan and how it will affect compliance and taxation.
Fee payment
Company registration in Pakistan requires a registration fee based on the company’s share capital. The payment can be made through authorized bank channels listed by SECP.
The SECP fee structure is transparent and varies depending on the authorized capital. Paying the correct fee at the time of submission ensures there are no delays in receiving the Certificate of Incorporation.
Certificate of incorporation
After reviewing your application and documents, SECP issues a digital Certificate of Incorporation. This certificate is the official recognition of your company and marks its legal existence.
The Certificate includes the company name, registration number, date of incorporation, and type of company. With this certificate, your company can legally operate, enter contracts, and start business activities across Pakistan.
Post-registration requirements
Once your company is registered, you need to complete the post-registration requirements. The most important step is obtaining a National Tax Number (NTN) from the Federal Board of Revenue (FBR).
You may also need to register for sales tax, open a corporate bank account, and apply for any other licenses required for your specific business activity. Completing these steps ensures full compliance with Pakistani business and tax laws.
Benefits of registering a company in Pakistan
Company registration provides multiple benefits. It allows your business to operate legally, protects your brand, and enhances credibility with clients and investors. Registered companies can also secure loans and contracts more easily.
Additionally, registration ensures compliance with tax laws, reducing the risk of penalties. Digital registration through SECP has made the process faster, transparent, and accessible to new entrepreneurs across Pakistan.
Common mistakes to avoid
Some common mistakes during company registration in Pakistan include choosing a name too like an existing company, submitting incomplete documents, or paying incorrect fees.
Avoiding these mistakes ensures a smooth process. Always double-check the Memorandum and Articles of Association and make sure all director and shareholder information is accurate. Proper preparation reduces delays and helps you start your business quickly.
Frequently asked questions
1. How long does company registration take in Pakistan?
It usually takes 3 to 5 working days if all documents and forms are complete and accurate.
2. Which authority handles company registration in Pakistan?
The Securities and Exchange Commission of Pakistan (SECP) manages the entire process.
3. What documents are needed for registration?
You need the Memorandum of Association, Articles of Association, CNIC copies of directors and shareholders, and Form I, II, and 21.
4. How much does company registration cost?
The registration fee varies based on your company’s share capital, plus a small fee for name reservation (~PKR 200).
5. What should I do after registration?
Obtain a National Tax Number (NTN), register for sales tax if required, and open a corporate bank account to start operations legally.
