Global Law Company (GLC) offers comprehensive services for the registration of Private Limited Companies in Pakistan. The registration process is facilitated through the Securities and Exchange Commission of Pakistan (SECP), and GLC ensures a smooth and efficient experience for clients. Here is an overview of the services provided by GLC:

1. Name Reservation:

• GLC assists clients in choosing a unique and distinctive name for the company.
• The selected name is submitted to the SECP for reservation, and GLC ensures compliance with naming regulations.

2. Preparation of Documents:

• GLC guides clients in preparing the necessary documentation for registration, including the Memorandum of Association (MOA) and Articles of Association (AOA).
• The MOA outlines the company’s objectives, and the AOA defines internal rules and regulations.

3. Submission of Documents:

• GLC facilitates the submission of completed documents, including Form 1 (Declaration of Compliance) and Form A (Notice of Situation of Registered Office), to the SECP.

4. Payment of Fees:

• GLC provides information on the registration fees based on the authorized share capital of the company.
• Assistance is provided in the payment of fees to the SECP through the designated channels.

5. Verification and Approval:

• GLC monitors the application’s progress and liaises with the SECP to ensure compliance with the Companies Act, 2017.
• Upon approval, GLC assists in obtaining the Certificate of Incorporation from the SECP.

6. Bank Account Opening:

• After registration, GLC guides clients in opening a bank account in the name of the company for financial transactions.

7. Tax Registration:

• GLC assists in the final step of registering the company for tax purposes, including obtaining a National Tax Number (NTN) from the Federal Board of Revenue (FBR) and registering for sales tax if applicable.

KEY FEATURES OF PRIVATE LIMITED COMPANY REGISTRATION:

• Limited Liability:

Shareholders’ liability is limited to their shareholding, protecting personal assets.

• Separate Legal Entity:

The company is treated as a separate legal entity with its own identity.

• Perpetual Succession:

The company continues to exist regardless of changes in ownership.

• Market Credibility:

Registration adds credibility and trustworthiness in the market.

• Access to Funding:

Private Limited Companies are more attractive to investors and financial institutions.

A Private Limited Company in Pakistan is a legal business entity that offers limited liability to its shareholders. The registration process involves reserving a unique name, preparing the necessary documents, submitting them to the SECP, paying the registration fees, and obtaining the Certificate of Incorporation. Engaging the services of Global Law Company can help streamline the process and ensure compliance with all legal requirements.

GLC offers a range of services, including name reservation, document preparation, fee payment, and liaison with regulatory authorities. Professional assistance ensures compliance with legal requirements and a hassle-free registration process. GLC’s expertise covers various aspects of company registration, taxation, and compliance.

Please note that the information provided is based on general procedures, and specific details may be subject to change. It is important to note that the specific requirements and procedures may vary depending on the type and location of the company. For personalized guidance and the most up-to-date information, it is advisable to contact Global Law Company directly.

Feel free to reach out to Global Law Company for further assistance or to schedule a consultation.