How to register a Company in Pakistan

[devilslayer]

Hello, I need to register my Consultancy firm as a requirement from some clients. Kindly provide me info about getting it register. I have information about getting it register via SECP but i do not need the SECP at the moment so plz advise me how to get it register and on its behalf how will i am going to open a Bank Account.

JazakAllah

[aakbar]

There are couple of other ways you can get your company registered. The easiest is "SOLE PROPRIETOR". All you need is to update your personal NTN certificate with the name of business on it. You can do it online but since FBR website isn't very user friendly you might wana call FBR helpline to guide you through the process. FBR helpline people are generally quite helpful.

If you want to register a partnership company you will need to probably get it register from local registrar for companies. In Islamabad it has an office in F-8 markaz close to katchehri not sure about Lahore though. Its a bit lengthy process though takes a few days or weeks to get registration certificate etc.

[mehrozniazi1]

and how to get NTN number certificate ..is it possible online ?

[capsat]

yes you can do it using FBR website. Using a valid working email ID [ i suggest make a fresh ID with business name ] and biometric verified cell phone number.

you shall ensure availability of business address utility bills [ptcl phone, power, & gas if connected ]. Plus the details of your business bank account with branch name & approx opening date.

you may want to consult a financial consultant @raza1

and how to get NTN number certificate ..is it possible online ?

[tintin1]

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[butwhy]

Hello, I need to register my Consultancy firm as a requirement from some clients. Kindly provide me info about getting it register. I have information about getting it register via SECP but i do not need the SECP at the moment so plz advise me how to get it register and on its behalf how will i am going to open a Bank Account.

JazakAllah

Please tell us what their requirements are?

Do they require an actual company (a pvt ltd company)? Or they just need you to be in the tax net (need a separate NTN for business)?

Registering a pvt ltd costs ~rs.13k or so if you do it on your own. Agents etc charge ~20k, for the minimum authorized capital which is rs.100,000. For more capital, you pay more in tax, so cost goes up.

When you've decided how you want to register, whether a company or as sole proprietor etc, just go to the bank and ask for their account opening requirements.

[mhmconsultant62]

If SECP registration isn't required, you can register your consultancy as a sole proprietorship through FBR by applying for an NTN. Visit the FBR Iris portal, create an account, and submit required details. With your NTN and business letterhead, you can open a business bank account in your name.

[sardarg]

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