BUSINESS INCORPRATION/COMPANY REGISTRATION/FORMATION PROCESS (STEP BY STEP GUIDE)
Team of Corporate lawyers at Allied Law Firm has drafted a Step by Step guide of business formation/Company Registration/Company Formation for our valued corporate and business clients who want to get their company regsitered anywhere within Pakistan. Since SECP (Securities and Exchange Commision of Pakistan) has introdcuded their Online system, process of company registration is no more hard to understand.
SELECT YOUR BUSINESS NAME AND APPLY FOR NAME AVAILABILITY/NAME RESERVATION.
You will have to choose a unique name for your business which not already registered with SECP. An application with proposed name will be submitted to SECP for name reservation. If the name is already taken or similar to any other existing business then it will be rejected and you will be asked to apply for another name, name will be reservered otherwise for a period of 90 days per Companies Ordinance 1984. Process of name availabilty application at SECP may take upto two working days to complete. Once the name is approved, applicable fee will be deposited in selected brances of UBL or MCB banks
OBTAINING DIGITAL SIGNATURE OF DIRECTORS.
Digital signatures are mandatory for submitting case through SECP’s e services. If proposed company director don’t have any SECP user/login ID already then direcotor(s) of proposed company will have to apply for a Digital signatures through NIFT (National Instriture of Facilitation Technologies).