Company Registration

Starting a business in Pakistan? One of the first and most important steps is to register your company legally. Company registration is the process of formally incorporating your business with the Securities and Exchange Commission of Pakistan (SECP) so that it becomes a recognized legal entity. This brings many advantages including credibility, legal protection, and access to financing.

What is Company Registration?

Company registration is the legal process of establishing your business as a company with the government. It gives your business a separate legal identity, allowing it to own assets, open a bank account, sign contracts, and operate in a professional way.

Who Handles Company Registration in Pakistan?

The Securities and Exchange Commission of Pakistan (SECP) is the official body that deals with the registration of companies in Pakistan. The entire process is now online through the SECP eServices portal, making it faster and more transparent.

Types of Companies You Can Register

In Pakistan, you can register different types of companies based on your business model:

• Single Member Company (SMC): For solo entrepreneurs

• Private Limited Company (Pvt. Ltd.): For small to medium businesses (1–50 shareholders)

• Public Limited Company: For larger businesses, can raise funds from the public

• Non-profit Company (Section 42): For charitable, social, or educational purposes

• Foreign Company: For businesses registered abroad but operating in Pakistan

Step-by-Step Company Registration Process

1. Create an Account on SECP eServices Portal
   Go to the SECP eServices portal and create an account to begin the registration process.

2. Reserve Company Name
   Choose a unique name for your business and submit it for approval. The name should not match any existing company.

3. Prepare Incorporation Documents
   You’ll need the following:

• Memorandum of Association (MoA)

• Articles of Association (AoA)

• CNIC/NICOP/passport of directors and shareholders

• Business address

• Registration form

4. Submit the Online Application
   Fill out the incorporation form (Form INC-1), attach required documents, and submit it through the portal.

5. Pay the Registration Fee
   Fees depend on the type of company and the amount of authorized capital. Payment can be made online or through designated bank branches.

6. Receive Certificate of Incorporation
   Once approved, SECP issues a Certificate of Incorporation. This is the official document proving your company is registered.

7. Post-Registration Tasks

• Get NTN (automatically issued with registration)

• Open a business bank account

• Register with FBR for tax purposes

• Get registered with relevant authorities if required (e.g., PSEB for IT companies)

Benefits of Registering a Company

• Legal Protection: Your personal assets are separate from your business liabilities

• Credibility: Customers, banks, and investors trust registered companies

• Access to Funding: Easier to raise investment or apply for loans

• Business Continuity: The company remains even if ownership changes

• Tax Benefits: Can claim business expenses and deductions

• Ownership Transfer: Shares can be transferred to new partners or investors

• Global Recognition: Makes it easier to work with international clients and companies

Drawbacks to Consider

• Compliance Requirements: Annual filings, audits, and recordkeeping are mandatory

• Initial Cost: You may incur legal, accounting, and registration expenses

• Public Disclosure: Some company information becomes publicly available

Why Should You Register Your Company?

If you’re serious about doing business professionally and growing it, registration is essential. A registered company opens more doors, builds trust, and helps you operate within the legal framework of Pakistan. Whether you want to work with banks, government, large clients, or international partners—having an SECP-registered business gives you a strong foundation.

Conclusion

Company registration in Pakistan through SECP is now a streamlined and fully online process. It gives your business legal recognition, improves trust with customers, and provides the structure needed for long-term growth. Whether you’re a freelancer, startup, or growing enterprise—registering your company is a smart, strategic move.