A business registration certificate is a legal document issued by the Securities and Exchange Commission of Pakistan (SECP) that serves as proof of the registration of a company. This certificate is an important document that is required for various legal and administrative purposes, such as opening a bank account, applying for a trade license, and registering for taxes.
Here is a general overview of the process of obtaining a business registration certificate in Pakistan:
- Choose a unique name for the business and ensure that it complies with the relevant laws and regulations.
- Obtain a National Tax Number (NTN) and a Sales Tax Registration Number (STRN) from the Federal Board of Revenue (FBR) if your business is engaged in taxable activities.
- Prepare the company’s Memorandum of Association (MOA) and Articles of Association (AOA). These documents set out the company’s purpose, powers, and rules.
- File the MOA and AOA with the SECP along with other required documents such as the list of directors and the registration fee.
- The SECP will review the application and, if approved, will issue a certificate of incorporation and assign a unique registration number to the business.
It’s important to note that laws, regulations and procedures may change and it is recommended to consult with a professional or relevant authorities before taking any action.
Overall, obtaining a business registration certificate in Pakistan is an important step in the process of starting a business. It serves as an official proof of the registration of the business and is required for various legal and administrative purposes.