Business Information Link
Pakistan Foreign Company Registration-Formation
Our service area: Foreign business formation as law and process of the country, manages licensing, permissions of trading, work permit, investors and overseas employees visa, branch office establishment, let know direct investment policy (FDI), accounts preparation, audit, submission tax and VAT and company secretarial services in Pakistan.
- Liaison or branch office of parent company
- Limited Enterprise
Pakistan Foreign Company Registration-formation, incorporation
- Ensure institution Name , a place what shall be used correspondence, MOA, Papers those are attested by the person of government endorsed, license for starting, and others those required permissions including VAT to doing foreign trading;
- Corporate Tax thirty four percent;
- Overseas Business incorporation permission is given by Security Exchange Commission;
- Three members are required as minimum number for public limited corporation in Pakistan foreign company registration-formation law;
- Without one member no enterprise can be permitted to start trading here as private limited enterprise;
- Banks , local and international, are available to welcome such investors opening account and enjoy credit facilities;
- Prepare meeting minutes before listing a fresh corporation between promoters, mentioning split of share, positioning and necessary information;
- Remit the sum for getting work permit and visa as rules of government;
- Appoint legal person who shall cooperate completion all procedure of setup nonresident enterprise;
Liaison or branch office in Pakistan
- Overseas entrepreneurs shall apply to BOI, authority of approval open such office;
- Apply to State bank of Pakistan for next clearance with letter of investment board;
- Apply before expiry to renew , provided that initial permission is given for three to five years;
- Such workplace is not allowed for trading as rules of BOI;
- There are different approval papers of the mother corporation with attested by embassy;
- Meeting decision from sponsors;
- Power given a human who shall proceed taking liabilities in favor of mother organization;
- About more a month (4 weeks ) might needful to complete registration process;
- Enclosed documents conversion in English is compulsory;
Fees of new company registration in Pakistan
Category A: US$ 2500 (small size company)
Category B: US$ 3500 (Medium Size Company)
Category C: US$ 5000 Plus (Big size industry)
For 100 percent foreign subsidiary companies are recommended to make authorized capital US$ 50,000. To incorporate such company what authorized capital is US$ 150,000 can have minimum 2 (two) directors and maximum 7 (seven) directors. To register such company government official cost can be stand of US dollar 1000.
Time of registering a new company in Pakistan
For joint venture company as Pakistan foreign company registration-formation: to register a company where local persons are appointed as nominee or representative director to start such business in Pakistan may need short time to complete whole procedure.
For wholly foreign ownership company as Pakistan foreign company registration-formation: to register full foreign ownership company security clearance from government shall come in picture. But prior approval from national security, ministry, defense, state bank and other department are not mandatory. It may need 5 (five) weeks in total time to complete whole procedure of registration.
For joint venture company as Pakistan foreign company registration-formation: to register JV company where local and foreign partners agreed to enter into contract to start a business capital may need of US$ 1000 at the beginning. To complete whole registration process it may not far from one week to ten days in total.
Authority: All applications are submitted to Government register office at first and another authority is Board of Investment that is second authority department of new business registration in Pakistan.
S & F CONSULTING FIRM LIMITED
Email us: email@example.com
Islamabad, Lahore- Pakistan