private limited company registration

Are you thinking of starting a business in Pakistan? Registering your company as a Private Limited Company (Pvt Ltd) is a popular and favorable choice for entrepreneurs. Let’s learn more about the benefits of Pvt Ltd company registration and the process involved.

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What is a Private Limited company?

A Private Limited Company is a type of business entity that is privately held and limited by shares. It is a separate legal entity from its owners, meaning the company can own assets, enter into contracts, and sue or be sued in its own name, limits the number of shareholders to 50, and restricts shareholders from publicly trading shares.

Benefits of registering a Private Limited company

There are several benefits of registering your business as a Pvt Ltd company, including:

Limited Liability Protection:
Shareholders of a Pvt Ltd company have limited liability, meaning their personal assets are not at risk in case the company faces financial or legal issues.
Credibility and Trust:
A Pvt Ltd company has a separate legal identity from its owners, which enhances credibility and trust with customers, suppliers, and investors.
Fundraising Opportunities:
A Pvt Ltd company can raise funds from shareholders, banks, and other financial institutions by issuing shares, which makes it easier to secure investment.
Perpetual Existence:
A Pvt Ltd company has perpetual existence, which means it continues to exist even if the original shareholders leave or pass away.

BENEFITS OF REGISTERING A PRIVATE LIMITED COMPANY

Registration Process

At Macrame Consultants, we understand the importance of a streamlined and hassle-free company registration process. That’s why we follow a step-by-step approach to ensure that your private limited company is registered with the SECP (Securities and Exchange Commission of Pakistan) in a timely and efficient manner.

Step 1: Name Reservation

The first step in company registration is to reserve a name for your business. We will conduct a search to ensure that your desired name is available and then apply for name reservation with the SECP.

Step 2: Preparation of Documents

Once your company’s name is reserved, we will prepare all the necessary documents for registration, including the Memorandum of Association (MOA) and Articles of Association (AOA).

Step 3: Payment of Fees

We will then pay the registration fees to the SECP on your behalf, so you don’t have to worry about any additional costs or charges.

Step 4: Submission of Documents

After payment of fees, we will submit all the required documents to the SECP for registration of your company and the Federal Board of Revenue (FBR) for Income Tax (NTN) Registration.

Step 5: Verification and Approval

The SECP will then verify the documents and may request additional information or clarification if necessary. Once the documents are verified, the SECP will approve the registration and issue a Certificate of Incorporation and NTN Certificate.

Step 6: Business Commencement

After obtaining the Certificate of Incorporation, you can legally commence your business activities as a registered private limited company.

Documents required for registrations

To register a single member company in Pakistan, several documents are required.

Proposed Company Name 1
Proposed Company Name 2
Proposed Company Name 3
Company Principal Activity/line of business
Office Address
Name of Chief Executive of the company
CNIC Colour Picture (Front & Back) of owner
Email IDs of all directors & C.E.O
Mobile Numbers of all directors & C.E.O
SECP Login Credentials of all proposed directors (if available)
Shareholding Ratio of Directors
Authorized Capital & Paid-up Capital amount by Directors

Why Choose Macrame Consultants?

With regard to Company Registration, our team of professional corporate experts has substantial experience dealing with the SECP (Securities and Exchange Commission of Pakistan) and other regulatory authorities. We will guide you throughout the entire registration process and guarantee full compliance with all relevant rules and regulations.

Here are just a few reasons why you should choose us:

WHY CHOOSE MACRAME CONSULTANTS for private limited company registration

Expertise:
Our team of corporate experts has years of experience in handling private limited company registration matters with SECP and other regulatory authorities. We will guide you through the process and ensure compliance with all relevant regulations and laws.
Simplified Process:
We understand that the process of private limited company registration can be complicated and time-consuming. Our team will take care of all the paperwork, filings, and communication with regulatory authorities, so you can focus on running your business.
Competitive Pricing:
We offer affordable and transparent pricing for our services, with no hidden fees or charges. Our goal is to make private limited company registration accessible to entrepreneurs and businesses of all sizes.
Efficient Completion:
We value the importance of time in business, and we strive to complete the registration process as quickly and efficiently as possible. Our team will keep you informed throughout the process and ensure the timely completion of all requirements.
Client Satisfaction:
We prioritize client satisfaction and work closely with our clients to understand their unique needs and requirements. Our goal is to build long-term relationships with our clients based on trust and mutual respect.

Get a Free Consultation!

We would love to hear from you and help you with your financial modelling needs!

For any kind of quiries, Please call

+92 0516102627
+92 3022522555
+92 3033933999

Office: 302 Building: 123
Civic Center Bahria Town
Rawalpindi, Pakistan.

info@macrameconsultants.com