Legal Soul Provides its Company registration services so If you are worry about company registration then do not hesitate to contact for Company registration.
PROCEDURE AND DOCUMENTS FOR REGISTRATION OF COMPANY.
- Name your company and Get it approved
While choosing the name for your company – make sure, not to use the Prohibited terms. Any inappropriate words will not be approved by the SECP and the Validity of your proposed selection of name will be scrutinized. So as to assure that, it is neither identical with the existing companies’ name nor closely resembling. For that reason, you must abide by the criteria laid down for naming the company, to get the possible approval by SECP. - Pay the fees for incorporation and Register your company
A name availability certificate is required for company registration from SECP and for the purpose you may file application. The fees for which could be paid using any bank challans at designated Banks. After this, you come to a level of registration where the SECP ask you to submit the following documents: - Declaration of compliance
- Identification of office’s location
- Particulars of directors, secretary, chief accountant, auditors and other
- Copies of the Memorandum of Association.
Purpose of Memorandum of Association.
It defines the company’s relationship with shareholders and specifies the objectives for which the company has been formed.
Main Clauses of Memorandum of Association
- Name Clause
- Register office Clause
- Object Clause
- Liability Clause
- Capital Clause
7.Copies of Articles of Association.
Purpose of Articles of Association
Specifies the regulations for a company’s operations and defines the company’s purpose
Key Highlights of Articles of Association
- The Articles of Association (AoA) can be considered the “constitution of a company.” At a minimum, it must meet the rules and regulations governing the particular business structure within a jurisdiction.
- The articles state the organization’s purpose and broad strategies to accomplish its short-term and long-term goals.
- Generally, the articles detail a company’s legal form, purpose, capital structure, governance, records, and other terms of its existence.
Important Components of the Articles of Association
While articles of association are relatively similar in many parts of the world, exact terms will vary across jurisdictions. In general, it includes the following:
- Company name and form of business
- Purpose of the company
- Capital structure
- Corporate governance
- Administration of corporate records
- Register for Income, Sales and Professional Taxes
To register for Income tax, you’re supposed to apply for a National Tax Number (NTN) at the tax facilitation of the Regional Tax Office (RTO) of the Federal Board of Revenue (FBR).
Requirements.
- NTN form
- Proof of company registration certificate
- Memorandum and Articles of association
- Bank account number
- Copies of National Identity Cards (NICs) of companies’ Directors
- An attestation of business address
- All of these are to be submitted at the nearest tax facilitation counter of the RTO in Pakistan.
- Sales tax, like the income tax can be registered for, by applying for a Sales Tax Number (STN) at the tax facilitation center of the Regional Tax Office (RTO) of the Federal Board of Revenue (FBR).
- For the Professional tax, you’ll need to register with Excise and Taxation (ET) Department of the District.
Kinds of Register Companies in Pakistan:
Company Register at FBR
- Company register at FBR (Federal Board of Revenue)
- company register at SECP (Security exchange commission of Pakistan)
- company register at ICT, Islamabad (Islamabad capital territory)
- company register at chamber of commerce
