Official Name: Pakistan
Islamabad
Urdu, English
Pakistani rupee
OUR SERVICES;
- Consultation (in person, online, phone)
- Helping to prepare your documents
- Start to finish your company registration process
- Immigration services
Pakistan
Pakistan is a diverse and vibrant country with a rich history, unique culture, developing economy, and complex political landscape. Situated in South Asia, it is known for its ancient civilizations, religious heritage, scenic landscapes, and resilient people.
The history of Pakistan dates back thousands of years, with the Indus Valley Civilization being one of the oldest urban settlements in the world. The region has seen the rise and fall of various empires and kingdoms, including the Mauryan and Gupta Empires. However, it was in the 8th century that Islam arrived in what is now Pakistan, leaving a lasting impact on its culture, language, and societal norms.
In the 18th and 19th centuries, the subcontinent came under British colonial rule. The struggle for independence gained momentum in the early 20th century, led by notable figures such as Muhammad Ali Jinnah. On August 14, 1947, Pakistan emerged as a separate nation, carving out a Muslim-majority state from the partition of India.
Pakistan’s culture is a blend of various influences, including Islamic traditions, regional diversity, and indigenous customs. The national language is Urdu, but there are several regional languages spoken throughout the country. Pakistani cuisine is renowned for its rich flavors, with dishes like biryani, kebabs, and naan being popular delicacies. Traditional clothing varies across regions, with men often wearing the shalwar kameez and women donning colorful outfits like the shalwar kameez or saree.
The economy of Pakistan has seen significant growth in recent years, although it still faces challenges. The country has a diverse agricultural sector, producing crops such as wheat, rice, cotton, and sugarcane. It is also rich in natural resources, including coal, gas, and minerals. Additionally, Pakistan has a thriving textile industry, and its IT sector is rapidly expanding. However, poverty, unemployment, and an uneven distribution of wealth remain pressing issues.
Pakistan’s political landscape has been marked by a mix of democratic and military rule since its inception. The country operates under a federal parliamentary system, with a President as the head of state and a Prime Minister as the head of government. Over the years, political parties like the Pakistan Tehreek-e-Insaf (PTI), Pakistan Muslim League-Nawaz (PML-N), and Pakistan Peoples Party (PPP) have played significant roles in shaping the country’s governance.
Pakistan faces various challenges, including terrorism, religious extremism, and geopolitical tensions. However, it has made strides in education, healthcare, and infrastructure development. Efforts are being made to strengthen democratic institutions, promote gender equality, and foster economic growth.
In conclusion, Pakistan’s history, culture, economy, and politics reflect its diverse and complex nature. The country continues to evolve, navigating its way through challenges and embracing its rich heritage. With its resilient people and potential for growth, Pakistan is poised to make a lasting impact in the region and the world.
Types of Companies in Pakistan
Sole Proprietorship:
A sole proprietorship is the simplest and most common form of business ownership. It is owned and operated by a single individual who assumes all responsibilities and liabilities. The owner has complete control over decision-making and retains all profits. However, they are personally liable for any debts or legal obligations of the business.
Partnership:
A partnership is a business structure where two or more individuals join together to share ownership, responsibilities, and profits. Partnerships can be either general partnerships, where all partners have equal responsibilities and liabilities, or limited partnerships, where there is at least one general partner with unlimited liability and one or more limited partners with limited liability.
Private Limited Company:
A private limited company is a separate legal entity with limited liability. It requires at least two shareholders and can have up to fifty shareholders. The liability of shareholders is limited to the amount they have invested in the company. Private limited companies are governed by the Companies Act and have to follow specific legal requirements and regulations.
Public Limited Company:
A public limited company is a larger entity with shares that are freely traded on the stock exchange. It can have an unlimited number of shareholders and requires a minimum share capital. Public limited companies have more rigorous reporting and disclosure requirements compared to private limited companies.
Limited Liability Company (LLC):
A limited liability company combines the benefits of a partnership and a corporation. It provides limited liability protection to its members (owners) while allowing them to enjoy the flexibility of a partnership. The members’ personal assets are protected from the company’s debts and liabilities.
Not-for-Profit Organization (NPO):
Not-for-profit organizations are established for charitable, educational, religious, or social welfare purposes. They do not distribute profits to owners or shareholders but instead reinvest any surplus funds back into their mission. NPOs are governed by specific laws and regulations and must meet certain criteria to maintain their nonprofit status.
Joint Venture:
A joint venture is a partnership between two or more entities for a specific business project or venture. Each party contributes resources, expertise, and shares both risks and profits. Joint ventures can be formed by companies from different countries or within the domestic market.
Multinational Corporation (MNC):
Multinational corporations are large companies with operations in multiple countries, including Pakistan. They have a global presence and conduct business on a large scale. MNCs bring in foreign direct investment, create job opportunities, and contribute to the overall economic growth of the country.
Cooperative Society:
A cooperative society is a voluntary association of individuals or businesses who come together to address their common economic, social, or cultural needs and aspirations. They operate on the principle of mutual assistance and democratic decision-making, with each member having an equal say in the organization’s affairs.
Common questions
What is the minimum number of shareholders required to register a private limited company in Pakistan?
A minimum of two shareholders is required to register a private limited company in Pakistan.
What is the minimum share capital required to register a private limited company?
There is no minimum share capital requirement for registering a private limited company in Pakistan.
What is the process for registering a company in Pakistan?
The process involves obtaining digital signatures, getting name approval, preparing and filing incorporation documents, and obtaining a certificate of incorporation from the Securities and Exchange Commission of Pakistan (SECP).
How long does it take to register a company in Pakistan?
The registration process typically takes around 4-6 weeks, depending on the efficiency of document preparation and submission.
Can a foreigner register a company in Pakistan?
Yes, foreigners can register a company in Pakistan. They need to fulfill certain legal requirements and may require specific approvals or licenses based on the nature of the business.
Can a foreign company establish a branch office in Pakistan?
Yes, a foreign company can establish a branch office in Pakistan, subject to obtaining necessary permissions from the SECP.
What is the difference between a private limited company and a single-member company?
A private limited company requires a minimum of two shareholders, whereas a single-member company can be formed with only one shareholder.
What is the role of the Securities and Exchange Commission of Pakistan (SECP) in company registration?
The SECP is the regulatory authority responsible for the incorporation, regulation, and supervision of companies in Pakistan.
What are the statutory requirements for company registration in Pakistan?
Statutory requirements include obtaining a digital signature, obtaining name approval, filing incorporation documents, and obtaining a certificate of incorporation.
Is it mandatory to have a registered office address for a company in Pakistan?
Yes, a registered office address is mandatory for a company in Pakistan, where official communications can be sent.
Can a company change its registered office address after registration?
Yes, a company can change its registered office address after registration by following the prescribed procedure and obtaining necessary approvals.
What are the documents required for company registration in Pakistan?
The documents required include the memorandum and articles of association, consent of directors, national identity cards of shareholders, and address verification documents.
What is the validity period of name approval for a company in Pakistan?
The name approval is valid for 90 days from the date of issuance.
Can a company change its name after registration?
Yes, a company can change its name after registration by following the prescribed procedure and obtaining necessary approvals.
Is it mandatory to have a company seal?
No, it is not mandatory to have a company seal in Pakistan.
Are there any restrictions on the use of certain words in the company name?
Yes, certain words, such as “national,” “government,” and “Pakistan,” require prior approval from the SECP.
What is the tax registration process for a registered company in Pakistan?
After company registration, the next step is to obtain tax registration from the Federal Board of Revenue (FBR).
What are the types of taxes applicable to registered companies in Pakistan?
The types of taxes applicable include income tax, sales tax, and withholding taxes, among others.
What are the annual compliance requirements for registered companies in Pakistan?
Annual compliance requirements include filing annual returns, financial statements, and tax returns with the relevant authorities.
Can a registered company in Pakistan be converted into another type of company?
Yes, a registered company can be converted into another type of company by following the prescribed legal procedure.
“Our team can provide assistance if you need help registering a company in Pakistan”
Can a registered company in Pakistan be voluntarily dissolved?
Yes, a registered company can be voluntarily dissolved by following the prescribed legal procedure and obtaining necessary approvals.
Can a company have a foreign national as a director?
Yes, a company in Pakistan can have a foreign national as a director, subject to fulfilling legal requirements.
Is it mandatory to have a company bank account?
Yes, having a company bank account is mandatory for carrying out financial transactions.
Can a company change its directors after registration?
Yes, a company can change its directors after registration by following the prescribed procedure and notifying the relevant authorities.
What are the responsibilities of directors in a registered company?
Directors have various responsibilities, including managing the affairs of the company, ensuring compliance with laws and regulations, and acting in the best interest of the company and its shareholders.
Can a registered company in Pakistan engage in multiple business activities?
Yes, a registered company can engage in multiple business activities, provided they are legally permissible.
Can a registered company in Pakistan issue shares to the public?
Yes, a public limited company can issue shares to the public through initial public offerings (IPOs).
What are the requirements for foreign investment in a registered company in Pakistan?
Foreign investment in Pakistan is subject to specific regulations, including obtaining necessary approvals from the Board of Investment (BOI) and complying with foreign exchange regulations.
What is the process for changing the shareholding structure of a company?
Changing the shareholding structure involves transferring shares, updating shareholding records, and notifying the SECP about the changes.
“Our team can provide assistance if you need help registering a company in Pakistan”
Can a company have multiple directors?
Yes, a company can have multiple directors, subject to the minimum and maximum limits prescribed by law.
Can a registered company in Pakistan have a foreign address as its registered office?
No, a registered company in Pakistan must have a registered office address within Pakistan.
Can a registered company in Pakistan have a foreign company as its shareholder?
Yes, a registered company can have a foreign company as its shareholder, subject to compliance with foreign investment regulations.
Can a registered company in Pakistan transfer its business to another entity?
Yes, a company can transfer its business to another entity through a merger, acquisition, or other legal arrangements.
Can a registered company in Pakistan hold meetings outside of Pakistan?
Yes, a registered company can hold meetings outside of Pakistan, subject to compliance with legal requirements and ensuring proper documentation.
Can a company be registered with a virtual office address?
No, a company cannot be registered with a virtual office address. It must have a physical registered office address.
Can a registered company in Pakistan have a foreign director without a work visa?
No, a foreign director in Pakistan is required to have a valid work visa or a relevant work permit.
Can a registered company in Pakistan have a nominee shareholder?
Yes, a registered company can have a nominee shareholder, subject to compliance with legal requirements and providing necessary documentation.
Can a company registered in Pakistan have foreign employees?
Yes, a registered company can employ foreign nationals, subject to fulfilling legal requirements and obtaining necessary work permits.
Can a registered company in Pakistan be owned entirely by foreign shareholders?
Yes, a registered company in Pakistan can be wholly owned by foreign shareholders, subject to compliance with foreign investment regulations.
Can a registered company in Pakistan have a non-resident Pakistani as a shareholder?
Yes, a registered company can have a non-resident Pakistani as a shareholder, subject to compliance with legal requirements.
Can a registered company in Pakistan open a branch office in another city?
Yes, a registered company can open branch offices in different cities within Pakistan, subject to compliance with legal requirements and obtaining necessary approvals.
“Our team can provide assistance if you need help registering a company in Pakistan”
Can a registered company in Pakistan own property?
Yes, a registered company can own property in its name, subject to compliance with relevant laws and regulations.
Can a registered company in Pakistan operate in multiple sectors?
Yes, a registered company can operate in multiple sectors, subject to compliance with relevant laws, licenses, and permits specific to those sectors.
Can a registered company in Pakistan be involved in import and export activities?
Yes, a registered company can engage in import and export activities, subject to compliance with relevant laws, customs regulations, and obtaining necessary licenses.
Can a registered company in Pakistan be converted into a not-for-profit organization (NPO)?
Yes, a registered company can be converted into an NPO by following the prescribed legal procedure and obtaining necessary approvals.
Can a registered company in Pakistan be a subsidiary of a foreign company?
Yes, a registered company in Pakistan can be a subsidiary of a foreign company, subject to compliance with legal requirements and foreign investment regulations.
Can a registered company in Pakistan change its business activities after registration?
Yes, a company can change its business activities after registration by following the prescribed legal procedure and obtaining necessary approvals.
Can a registered company in Pakistan have a non-Pakistani as its CEO?
Yes, a registered company can have a non-Pakistani as its CEO, subject to compliance with relevant laws and obtaining necessary work permits.
Can a registered company in Pakistan issue preference shares?
Yes, a registered company can issue preference shares, subject to compliance with relevant laws and obtaining necessary approvals.
Can a registered company in Pakistan be dissolved involuntarily by the authorities?
Yes, a registered company can be dissolved involuntarily by the authorities in cases of non-compliance with legal requirements or other specific circumstances.
Major Banks in Pakistan
- National Bank of Pakistan (NBP)
Website: https://www.nbp.com.pk/ - Habib Bank Limited (HBL)
Website: https://www.hbl.com/ - United Bank Limited (UBL)
Website: https://www.ubldigital.com/ - MCB Bank Limited
Website: https://www.mcb.com.pk/ - Allied Bank Limited (ABL)
Website: https://www.abl.com/ - Bank Alfalah Limited
Website: https://www.bankalfalah.com/ - Standard Chartered Bank Pakistan Limited
Website: https://www.sc.com/pk/ - Askari Bank Limited
Website: https://www.askaribank.com.pk/ - Faysal Bank Limited
Website: https://www.faysalbank.com/ - Bank Al Habib Limited
Website: https://www.bankalhabib.com/ - Sindh Bank Limited
Website: https://www.sindhbankltd.com/ - Soneri Bank Limited
Website: https://www.soneribank.com/ - The Bank of Punjab
Website: https://www.bop.com.pk/ - Summit Bank Limited
Website: https://www.summitbank.com.pk/ - Silkbank Limited
Website: https://www.silkbank.com.pk/
The top universities in Pakistan
Quaid-i-Azam University, Islamabad
QS Ranking: 454
Location: Islamabad
Website: http://qau.edu.pk/
Major Courses: Natural Sciences, Social Sciences, Business Administration
Lahore University of Management Sciences (LUMS), Lahore
QS Ranking: 701-750
Location: Lahore
Website: https://www.lums.edu.pk/
Major Courses: Business Administration, Computer Science, Economics
National University of Sciences and Technology (NUST), Islamabad
QS Ranking: 801-1000
Location: Islamabad
Website: https://www.nust.edu.pk/
Major Courses: Engineering, Computer Science, Business Administration
University of the Punjab, Lahore
QS Ranking: 801-1000
Location: Lahore
Website: https://www.pu.edu.pk/
Major Courses: Arts and Humanities, Social Sciences, Business Administration
University of Karachi, Karachi
QS Ranking: 801-1000
Location: Karachi
Website: https://uok.edu.pk/
Major Courses: Arts and Humanities, Social Sciences, Business Administration
Pakistan Institute of Engineering and Applied Sciences (PIEAS), Islamabad
QS Ranking: 801-1000
Location: Islamabad
Website: https://www.pieas.edu.pk/
Major Courses: Engineering, Natural Sciences, Computer Science
University of Engineering and Technology (UET), Lahore
QS Ranking: 801-1000
Location: Lahore
Website: https://uet.edu.pk/
Major Courses: Engineering, Architecture, Computer Science
Aga Khan University, Karachi
QS Ranking: 801-1000
Location: Karachi
Website: https://www.aku.edu/
Major Courses: Medicine, Nursing, Public Health
COMSATS Institute of Information Technology, Islamabad
QS Ranking: 801-1000
Location: Islamabad
Website: https://www.comsats.edu.pk/
Major Courses: Computer Science, Business Administration, Engineering
University of Agriculture, Faisalabad
QS Ranking: 801-1000
Location: Faisalabad
Website: http://uaf.edu.pk/
Major Courses: Agricultural Sciences, Veterinary Sciences, Business Administration
“If you need assistance registering for college or university, our team is here to help.”
Strange or unusual to visitors in Pakistan
Traditional Clothing: The attire worn by both men and women in Pakistan, such as the shalwar kameez, might be different from what visitors are accustomed to seeing in their own countries.
Street Markets: Pakistan is known for its vibrant street markets, such as bazaars and souks. Visitors might find the crowded and bustling atmosphere, along with the haggling and bargaining culture, unusual if they are not accustomed to such marketplaces.
Hospitality: Pakistani people are renowned for their hospitality and warm welcoming nature. Visitors may find it unusual to be treated with great respect and kindness by strangers, who may invite them into their homes or offer them food and drinks.
Gender Segregation: In certain areas, visitors might notice gender segregation in public spaces. For instance, separate seating areas for men and women in public transportation, restaurants, or religious places are common cultural practices.
Street Food Culture: Pakistan has a vibrant street food culture, and visitors may find it unusual to see locals enjoying various delicacies and snacks from street vendors. Trying street food is a popular activity but caution should be exercised regarding hygiene and food safety.
Prayer Calls: The Islamic call to prayer (Azaan) is broadcasted from mosques multiple times a day, and visitors might find the sound of the prayer calls echoing throughout the city unusual if they are not familiar with Islamic practices.
Cultural Norms: Visitors may encounter cultural norms that differ from their own, such as the practice of removing shoes before entering someone’s home, using the right hand for eating, and showing respect to elders.
Traffic and Driving Habits: The traffic in some cities of Pakistan can be chaotic, with drivers often honking their horns frequently and traffic rules sometimes not being strictly followed. Visitors may find the driving habits and traffic flow unusual compared to what they are used to.
Local Customs and Etiquette: Pakistani culture has its own set of customs and etiquette. Visitors might find it unusual to observe practices such as eating with hands, addressing people with honorifics, or the concept of arranged marriages.
Festivals and Celebrations: Pakistan celebrates various religious and cultural festivals, such as Eid-ul-Fitr, Eid-ul-Adha, and Basant. Visitors may find it unusual to witness the vibrant festivities, including music, dance, and traditional ceremonies.
“Tips for Newcomers: Adjusting to Life in Pakistan”
Patience and Flexibility: Adjusting to a new country takes time. Be patient with yourself and embrace the challenges as opportunities for personal growth. Stay open-minded, be flexible in adapting to new situations, and maintain a positive attitude throughout your journey.
Top recruitment agencies in Pakistan
- Rozee.pk Website: https://www.rozee.pk/
- Naukri Pakistan Website: https://www.naukrinama.com/pakistan/
- Mustakbil.com Website: https://www.mustakbil.com/
- BrightSpyre Website: https://www.brightspyre.com/
- Bayrozgar.com Website: https://www.bayrozgar.com/
- PakistanJobs.pk Website: https://www.pakistanjobs.pk/
- Careerjet.com.pk Website: https://www.careerjet.com.pk/
- APNACareer.pk Website: https://www.apnacareer.pk/
- Jobs.com.pk Website: https://www.jobs.com.pk/
- Hired.pk Website: https://www.hired.pk/
Necessary phone numbers in Pakistan
Zong Helpline: 310 (mobile network services)
The best way to immigrate to Pakistan
Determine Eligibility: Review the various immigration categories and determine which one best suits your circumstances. The available options include employment-based immigration, family-based immigration, investment-based immigration, and refugee/asylum status.
Research Visa Requirements: Once you have identified the appropriate immigration category, thoroughly research the specific visa requirements and documentation needed for your application. Visit the website of the Pakistani embassy or consulate in your home country for detailed information.
Obtain Sponsorship or Employment: If you are seeking employment-based immigration, you will typically need a job offer from a Pakistani employer who will sponsor your visa application. Alternatively, if you have family members who are citizens or permanent residents of Pakistan, they may be able to sponsor your immigration application.
Gather Required Documents: Compile all necessary documents for your immigration application, such as a valid passport, birth certificates, educational qualifications, employment references, police clearance certificates, and medical examinations. Ensure that all documents are properly authenticated and translated if necessary.
Submit Visa Application: Submit your visa application and supporting documents to the relevant Pakistani embassy or consulate in your home country. Pay the required fees and follow the instructions provided by the immigration authorities.
Wait for Processing: The processing time for visa applications can vary. It is important to be patient and follow up with the embassy or consulate if necessary. Once your application is approved, you will receive a visa allowing you to enter Pakistan.
Register with Authorities: Upon arrival in Pakistan, register with the local authorities and obtain any necessary residency permits or identification cards as required by the immigration regulations.
Seek Professional Assistance: Immigration processes can be complex, and it may be helpful to seek the guidance of an immigration lawyer or consultant who specializes in Pakistani immigration laws. They can provide personalized advice, assist with document preparation, and guide you through the entire immigration process.
