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Corporate Law Pakistan Company Registration

Formation of Company in Karachi Pakistan

Formation of Company in Karachi Pakistan. Incorporation and Registration of Company to start business in Pakistan.

Top Law Firms in Karachi PakistanOur Law Firm is well recognized for offering services for registration of a company in Pakistan, registration of a Private Limited Company in Pakistan, registration of a Single Member Company in Pakistan, registration of a Pubic Limited Company in Karachi, Lahore, Islamabad, Hyderabad and Thatta, Pakistan. The Private Limited Company is Generally called as Pvt. Ltd., Company in Pakistan.

We provide most easiest ways and services for Business Start-up in Pakistan. For registration of a private limited company in Pakistan, following documents are required:-

  • Copy of national identity card or passport, in case of foreigner, of each subscriber and witness to the memorandum and article of association.
  • Drafting and submission of Memorandum and articles of association.
  •  Form – 1 (Declaration of Compliance).
  • Registration/filing fee.

There are two stages for Registration of Company in Pakistan i.e. :-

  1. Availability of Name Search.
  2.  Documents for registration of a limited company

The Securities and Exchange Commission of Pakistan (SECP) registered 422 companies in April 2012 as compared to 370 companies during the previous month, showing an increase of 14 percent.
Company Registration CostsAn increase in the incorporation of companies has been witnessed, which is a sign of healthy growth and development of the corporate sector. The private companies have the highest share in new incorporation totalling to 385, followed by 26 single-member companies, four public unlisted companies, four non-profit association and three foreign companies. Of the three foreign companies, each belonging to the Turkey, the UK and South Korea were registered in Karachi. Foreign investment by France, Luxembourg, Netherlands, Australia, UK, Germany and Denmark nationals was witnessed in four new local companies registered in Lahore, Karachi and Islamabad in trading finance and banking, engineering and power generation.

Irfan Mir Halepaota & Associates has been ranked as one of the top and Best Corporate Law Firms in Pakistan by the Legal 500, HG and other International Directories of Law Firms.

Irfan Mir Halepota & Associates

Karachi Office

Office # E-26, Executive Floor,
Glass Tower,
Khayaban-e-Iqbal (Clifton Road),
Teen Talwar, Clifton,
Karachi, Sindh,
Pakistan.

 

Telephone No.  +92-21-35642634
Mobile Phone No. +92-321-2057582
Mobile Phone No. +92-300-8233580

Email: info@irfanlaw.com
Website: https://www.irfanlaw.com

You can Contact Us for detailed consultation.

Irfan Mir Halepota, Advocate Supreme Court of Pakistan.

Telephone: 0321-2057582

Regular Website:  https://www.irfanlaw.com

 

Company Corporate Business plan in Pakistan Karachi business setup registration in Pakistan.

Pakistan Incorporation of Company

 

 

 

 

 

Submit Your Query For a Legal Advice

 
Law Firm in Pakistan dealing with Commercial, Intellectual Property, Partnership and Company incorporation Laws of Pakistan.
E-26, Glass Tower, Clifton
Karachi, Sindh
PK
Phone: +92 321 205 7582

 

 

Categories
Corporate Law Pakistan Business Setup Pakistan Company Registration Pakistan Registered Office

ESTABLISHMENT OF BRANCH OFFICE AND LIAISON OFFICE BY FOREIGN COMPANIES IN PAKSITAN

top_law_firms_pakistanESTABLISHMENT OF BRANCH OFFICE AND LIAISON OFFICE BY FOREIGN COMPANIES IN PAKSITAN

Board of Investment (BOI) grants permission to foreign companies to open their Branch Office and Liaison Office in Pakistan.

BOI (Islamabad & Karachi Offices) have issued 551 permissions during 2007-2010 in respect of opening/extension of Branch and Liaison Offices in Pakistan.

Branch Office:

Branch Office PakistanBranch Office is established by a foreign company to fulfill its contractual obligations with the public or private sector in Pakistan. Their activity will be restricted to the work mentioned in the agreement / contract signed. However they cannot indulge in commercial / trading activities.

Liaison Office:

Liaison Office is established by a foreign company for promotion of products(s), provision of technical advice & assistance, exploring the possibility of Joint Collaboration and export promotion. However, they can not undertake any commercial / trading activities.

The request for opening of Branch office or  Liaison Office is processed and finalized within 6-8 weeks time, provided that the company fulfills all requirements and concerned quarters have no objection. The permission is issued for a period of 3-5 years, further renewable on submission of performance report with regard to Liaison Office and up to the completion of valid contract/agreement period in case of Branch Office.

PROCEDURE

Step-1 To download and send along with six sets of following documents:
i.     Application Form (duly filled in and signed with stamp)

ii.    Copy of registration of the foreign company duly attested by respective Pakistani Embassy;

iii.   Copy of Articles and Memorandum of Association duly attested by Respective Pakistan Mission;

iv.    Copy of Resolution / Authority letter of the company to establish Branch / Liaison Office in Pakistan;

v.     Copy of contract / agreement (in case of Branch Office Only)

vi.    Company Profile; and

vii.   Designated person authorized to act on behalf of the company

 

Opening of Branch and Liaison Office processing Official (Government) fee is as follows:

–    Opening of Branch Office                                    Charges per annum

i.    Regular Permission (initial registration           US $ 3000 for a period of one year.

ii.    Renewal Charges for each year                       US $ 1000 (1-5 years renewal based on the request of the company)

 

–    Opening of Liaison Office                                   Charges per annum
iii    Regular Permission (initial registration         US $ 2000 for a period of one year.
iv.    Renewal Charges for each year                      US $ 500 (1-5 years renewal based on the request of the company)

The amount is also acceptable equal in Pakistani rupees and shall be deposited in the Board of Investment PLS Account No. 44991-2 being maintained with National Bank of Pakistan, Main Branch, Civic Centre, Islamabad.

Step-2 :

On receipt of complete documents, BOI examines the documents and circulate the request to all concerned quarters for their views / comments.

Step-3 :

Having received clearances from all concerned quarters / agencies, BOI grants permission to foreign company to open their Branch / Liaison office in Pakistan.

Irfan Mir Halepaota & Associates has been ranked as one of the top and Best Corporate Law Firms in Pakistan by the Legal 500, HG and other International Directories of Law Firms.

Busienss Setup in Pakistan, Establishment of Branch office Karachi, Company Branch Office Pakistan, International Company Branch Office Karachi, Liaison Office in Pakistan, Business Liaison Office in Karachi, Law Firm establishment of Liason Office in Pakistan, Business Lawyers in Pakistan, Corporation Lawyers in Pakistan, Corporation Establishment Lawyers Pakistan, Corporate Establishment Lawyers in Karachi, Business Setup Law Firms in Karachi, Business Setup Law Firms in Pakistan.

You can Contact Us for detailed consultation.

Irfan Mir Halepota, Advocate Supreme Court of Pakistan.

Telephone: 0321-2057582

Regular Website:  https://www.irfanlaw.com

Law Firm based in Karachi and Islamabad having well experienced Advocates and Lawyers in the fields of Corporate Law.
E-26, Executive Floor, Glass Tower, Clifton,
Karachi, Sindh
PK
Phone: +923212057582

Supreme Court of Pakistan, Islamabad. The Registry of the Supreme Court is also at Karachi.

Categories
Corporate Law Pakistan Business Setup

BUSINESS SETUP IN KARACHI PAKISTAN

 

Top Law Firms in Karachi PakistanOUR LAW FIRM provides legal service to Local, Overseas Pakistanis and Foreign Clients to set up business in Pakistan. Business Set-Up services of Our Law Firm will help you in those essential early stages of business, giving you advice to assist you to set-up a business and able to plan and grow effectively without legal obstacles and litigation. We will assist you to make the right decisions at the right time. Whether you intend to set up a sole proprietorship concern or a company or a partnership firm we offer our legal services required for your business needs.

Irfan Mir Halepaota & Associates has been ranked as one of the top and Best Corporate Law Firms in Pakistan by the Legal 500, HG and other International Directories of Law Firm.

Business can be Set-Up in the following forms

Establishing and Registration of:

1. Company Registration.

a. Private Limited

b. Public Limited

c. Limited by Guarantee

2. Foreign Company Registration

3. Sole Proprietorship.

4. Partnership & Joint Venture.

5. Agency.

6. Trademarks and Copyrights, Patent and Design.

7. Society, Trust and Charity

 

Submit Your Query For a Legal Advice

For rapid response you can also submit your Query at WhatsApp on +92 321 205 7582 For a Legal Advice
 
Law Firm in Pakistan dealing with Civil Litigation, Commercial, Intellectual Property, Real Estate and Family Laws of Pakistan.
E-26, Glass Tower, Clifton
Karachi, Sindh
PK
Phone: +92 321 205 7582


Categories
Corporate Law

Special Commercial Court ordered Pakistani company to pay damages to US importer

The Special Commercial Court for Sindh and Balochistan had received a complaint of fraud and breach of contract by D Michael Painter, owner of Messrs Quivera LLC, California, USA – a sourcing agent for a sportswear brand. The SCC delivered the verdict.

The case involved a foreign buyer, who had ordered garments worth $50,000 from a Karachi-based textile group in 2008, but the latter shipped defective goods to the importer, leading to the dispute.

The court declared the Pakistani company’s actions tantamount to cheating, and has ordered it to pay damages to the foreign company.

It is hoped that the decision will leave a positive impression on foreigners having business interests in Pakistan, and raise the country’s credibility in business circles in the US and Europe.

top_law_firms_pakistanIrfan Mir Halepaota & Associates has been ranked as one of the top and Best Corporate Law Firms in Pakistan by the Legal 500, HG and other International Directories of Law Firms.

If you require more information, Feel Free to Contact Us for detailed consultation.

Telephone: 0321-2057582

Regular Website:  http://www.irfanlaw.com

Law Firm based in Karachi having well experienced Advocates and Lawyers in the fields of Import export and commercial disputes Law.
E-26, Executive Floor, Glass Tower, Clifton,
Karachi, Sindh
PK
Phone: 03212057582