2. Introduction
In Pakistan, private limited companies are
incorporated and regulated by the Companies
ordinance 1984
SEPC is a regulatory authority established for
regulation of stock markets and the Companies
ordinance, 1984
3. Cont…..
The commission issues incorporation certificate when
all requirements are met by promoter(s) as per law.
4. Steps In Company Registration
1st Step:
Name that company
SECP does not allow name that is otherwise
inappropriate, deceptive or designed to exploit
religious susceptibilities, neither is identical nor
closely resembling with the name of an existing
company.
5. Cont….
2nd Step:
Get name availability certificate from SECP
SECP will issue a certificate to you regarding
availability and validity
6. Cont….
3rd Step:
decide authorized capital or share capital of your
company
It means total investment you have to run your
business
7. Cont….
4th Step:
Copies of National Identity Cards (NICs) of each
subscriber
Four printed copies of Memorandum of Association
and Articles of Association
8. Cont…..
5th Step:
For understanding purposes
Memorandum of Association tells about business
9. Cont….
sector of the company
Example:
Travel agency, educational institution, trading,
supplies, chain of stores, manufacturing of cement
etc.