There are several types of business registration in Pakistan, including:
- Sole proprietorship: This is a business owned and run by a single individual, who is responsible for all aspects of the business and is entitled to all profits.
- Partnership: This is a business owned and run by two or more individuals, who share the profits and responsibilities of the business.
- Private limited company: This is a business that is incorporated and registered with the Securities and Exchange Commission of Pakistan (SECP). It has limited liability and is owned by shareholders, who are not personally responsible for the debts of the company.
- Public limited company: This is a business that is incorporated and registered with the SECP and has limited liability. It is owned by shareholders and is listed on the stock exchange.
- Limited liability partnership: This is a business that is registered with the SECP and has elements of both a partnership and a private limited company. It is owned by partners, who are not personally responsible for the debts of the company.
- Foreign company: This is a business that is registered and incorporated in a foreign country but operates in Pakistan. It must register with the SECP and comply with Pakistani laws and regulations.