How To Register Llc In Pakistan
The application may be filed both in online and offline mode prohibited name.
How to register llc in pakistan. Do foreigners need a pakistani national to form a company. An unlimited liability company. For registration form st 1is required to send to the local sales tax registration office via post with acknowledgment due courier is preferable. Ltd can be registered with only i two directors ii two shareholders and a minimum capital requirement of us 1 000. Protection from personal liability.
The following steps needs to be followed to create and register a company in pakistan. There are many agents and websites offering the service to register your company in delaware on your behalf. Nature and scope of business. Seek approval on name of the company. Why form a company in pakistan.
Sales tax registration is required to import into pakistan. The local registration office shall transmit filled up applications to the central registration office based in cbr islamabad. Full name and colour cnic copies of directors shareholders members or initial subscribers. Pakistan llcs also referred as private companies pvt. Looking for private company registration.
In order to register a private limited company all you need to do is provide us the following information documents. Llc offers flexibility and is also easier to maintain. While the directors and shareholders can be non residents they must individually register for tax ntn number in pakistan with the local tax authority. The primary reason for selecting a limited liability company is the protection from personal liability. This is because a company it is regarded as a separate legal entity or an artificial person which can sue and can be sued by its own name.
2 single member company. Proposed name of your company give three names in order of priority. Foreigner can form a company with 100 equity subject to the approval of board of investment government of pakistan otherwise they must have someone from pakistan to be a director. It costed me 179 after their 100 off promo to register an llc. There is no restriction on foreigners to do business in pakistan.