Company Registration

Company Registration

Why we need to Register a Company?

Registering a company in Pakistan is essential for several reasons, similar to reasons in other jurisdictions. Here’s why registering a company in Pakistan is important:

  1. Legal Recognition: Registering a company in Pakistan provides it with legal recognition as a separate legal entity.

  2. Limited Liability: One of the primary reasons to register a company in Pakistan, like in many other countries, is to benefit from limited liability protection.

  3. Access to Finance: Registered companies in Pakistan have better access to financing options such as bank loans, venture capital, and issuing shares.

  4. Taxation: Registering a company in Pakistan may offer tax advantages, such as corporate tax rates that may be lower than personal income tax rates.

  5. Credibility: A registered company in Pakistan appears more credible and trustworthy to customers, suppliers, and partners.

  6. Brand Protection: Registering a company name or trademark in Pakistan helps protect the brand identity from being used by others.

  7. Regulatory Compliance: Registering a company ensures compliance with various laws and regulations governing businesses in Pakistan. This includes registration requirements with regulatory authorities such as the Securities and Exchange Commission of Pakistan (SECP) and tax authorities.

  8. Perpetual Existence: Registered companies in Pakistan have perpetual existence, meaning they can continue to operate regardless of changes in ownership or management.

Types of Companies

There are 3 types of companies 

  • Single member Company
  • Private Limited (multi-member)
  • Public Limited