A name availability certificate from SECP is needed, and you can apply for one. Using bank challans, the fees could be paid at selected Muslim Commercial Bank (MCB) branches. After that, you reach a registration stage when the SECP requests the following paperwork from you:

⦁ The Association’s articles of incorporation and memorandum.
⦁ Your company’s Memorandum of Association describes how you interact with the outside world and identifies your industry.
⦁ Articles of Association outline how business is conducted daily. The function of the CEO and directors is described. In a nutshell, it describes how the business will function.
⦁ CNIC copies of the board of directors, the CEO, the nominee (for a single-member firm), or copies of the passport in case of a foreigner.
⦁ If you wish to register a specialized business, you will need a NOC, a letter of intent, or a license from the relevant authorities.
⦁ You must include extra information when incorporating a foreign business, such as a list and the names and contact information of the directors. Information about the firm, the directors, and their nationalities. A verified copy of the company charter is required. Both the Memorandum of Association and the Articles of Association must be submitted.
⦁ Subscribers’ consent to the filing of documents.
⦁ A filing or registration fee.
⦁ If the nominal share capital is less than Rs 100,000, the total incorporation charge for a company is Rs. 1800 for online filing. The entire incorporation charge for an offline submission is Rs. 3500.

SECP’s e-services can receive the signature issued by National Institutional Facilitation Technologies (NIFT). Depending on the city you’re starting your business in, you might need to submit a company seal when the certificate of incorporation is obtained.

For instance, if you are considering company registration in Karachi, you can contact MSS & Associates to navigate through the complex and cumbersome processes on your behalf, in this scenario, getting a digital signature.

In addition, you must give a thorough presentation outlining the kind of business and activities of your firm to obtain the certificate of incorporation from NIFT and the digital signature. However, depending on the circumstances, this step’s needs may change.

As a premier tax law firm in Karachi, you can leave it to MSS & Associates for all your company registration services needs, particularly when applying for a National Tax Number (NTN) through the Federal Board of Revenue.

The following conditions must be met for this application:

⦁ Form for National Tax Numbers (NTN)
⦁ Documentation proving your company’s registration
⦁ The Association’s Memorandum and Articles
⦁ Bank Account Information
⦁ Copies of the firm directors’ Computerized National Identity Cards (CNICs)
⦁ Verified Business Address

Next, you must get a Sales Tax Number (STN) and go through a similar process to register your business for sales tax compliance. Lastly, the process for professional tax is a little different and requires registering your company with the Excise and Taxation Department.

You’ll need to register with either of the following organizations, depending on where your firm is located:

⦁ Institution for Sindh Employees’ Social Security (SESSI).
⦁ For Balochistan and Khyber Pakhtunkhwa, respectively, use (BESSI) or (KPKESSI).

The federal Employees Old Age Benefits Institution (EOBI) requires each business with five or more employees to register with them. Upon retirement, employees will be eligible for an income.

The Securities and Exchange Commission of Pakistan (SECP) will review all the papers after they have been submitted and determine their legality. The National Institutional Facilitation Center will give an electronic signature or company seal.

To get this corporate seal, the signature of every director is required. If your documentation is legitimate, SECP will issue you a certificate of incorporation. You will receive it either physically or online. After receiving SECP’s incorporation certification, you can launch your company.