Company Registration


		::. Pakistan Business Guide ...Cost, Elements & Zones

	::. Company Registration

Mode of Forming Companies

Any seven or more persons associated for any lawful purpose may, by subscribing their names to the Memorandum of Association and complying with the requirements of the Companies Ordinance, in respect of the registration, form a public company, and any two or more persons, so associated may, in like manner, form a private company.

Prior approval of the ministries (which regulate their respective functions) noted against each category of the following specified nature of companies is required before incorporation of such companies.

(1) Banking Company	Ministry of Finance/State Bank of Pakistan.
(2) Insurance Company	Ministry of Commerce.
(3) Investment Finance Company (Investment-Bank)	(i) Ministry of Finance. (ii) State Bank of Pakistan.
(4) Leasing Company	Securities and Exchange Commission of Pakistan.
(5) Venture Capital Company	Securities and Exchange Commission of Pakistan.
(6) Asset Management Company	Securities and Exchange Commission of Pakistan.
A company which invests in any of the following industries
(i) Arms and Ammunition	Ministry of Industries/Board of Investment.
(ii) Security Printing, Currency and Mint.	Ministry of Industries/Board of Investment.
(iii) High Explosives.	Ministry of Industries/Board of Investment.
iv) Radio Active Substances	Ministry of Industries/Board of Investment.

b) Availability of Name of the Company

The first step with regard to incorporation of a company is to confirm the availability of the name of the proposed company from the concerned registrar on payment of a fee of Rs.100, The name should not be inappropriate, deceptive or designed to offend the religious sensibilities of the people, and it should neither be identical nor have a close resemblance to the name of any existing company.


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