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Monday 27 June 2011

Register of a Private/Public Company

Q No.1 How can I register a Private or Public Company in Pakistan.
Follow following Q&A Session to get the complete information.
Q No. 2   What type of company should I register?
A single person may form a single member company.
Any one or more persons may form a private company
Three or more persons may form a public company
Seven or more persons may form a listed public company
Q No. 3 What is the first step for registration of the Company?
Name your company and check for availability of the name you want to register.
Q No. 4 Are there any legal requirements before registration?
Registration of following companies require prior approval from relevant Ministry/Department
Banking company
Non-Banking finance company
Corporate Brokerage house
Money Exchange
Security guard Company
Not for profit trade organization.
Q No. 5 What Documents are required for registration of private company?
Memorandum and articles of association signed by each member                                                                       04 Copies
special stamp pasted                                      01 Copy
copy of N.I.C.’s of promoters                          01 Copy
Q No. 6 What type of Forms are used for Registration of a company and what they require?
Form-1
It is a Declaration of compliance with the prerequisites of the formation of the company.
It required signing by 1 person as Witness and Stamp paper of Rs.50 affixed with it.
Form-21
Used to identifying the location of the registered office for the company.
Form-29
Particulars of Company directors, secretary, accountant, etc.
Original Bank challan on which registration fee has been submitted for the purpose of registration of the company.
Q No. 7 What are the additional documents for Single Member Company
Form S1 (Nomination Form)
Q No. 8 What are the additional documents for a public limited company.
Form 27 (List of persons consenting to act as directors.)
Form 28 (Consent to act as Director/Chief)

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