To register a consultancy firm in Pakistan, you will need to follow the requirements set out by the relevant government departments and regulatory bodies. The process and requirements may vary depending on the type of consultancy services you plan to offer.
Here are the general steps to register a consultancy firm in Pakistan:
- Choose a business name and register it with the Securities and Exchange Commission of Pakistan (SECP) or the Registrar of Companies (ROC) if the business is a limited company.
- Obtain a National Tax Number (NTN) and a Sales Tax Registration Number from the Federal Board of Revenue (FBR).
- Obtain a Trade License from the local Municipal Corporation or the Town Municipal Administration (TMA). The application for the trade license can be made in person or online.
- Register with the relevant professional regulatory body for your field of consultancy, for example, Pakistan Engineering Council (PEC) for engineering consultancy services, Pakistan Medical and Dental Council (PMDC) for medical consultancy services, etc.
- Obtain any necessary certifications or licenses required for your field of consultancy, such as ISO certification or quality management system certification.
- Submit the necessary documents, such as the registration certificate, NTN and sales tax registration certificate, along with the application form.
- Pay the relevant fee for the trade license, registration with professional regulatory body and any certifications or licenses.
- Wait for the approval of the trade license, registration, and certifications, which will be issued once the application has been processed and the required inspections have been conducted.
It’s important to note that you will be required to renew the trade license, registration, and certifications on an annual basis and also inform the relevant authorities of any changes in the business operations or contact information.
In conclusion, to register a consultancy firm in Pakistan, it is necessary to follow the requirements set out by the relevant government departments and regulatory bodies, the process may vary depending on the type of consultancy services, the general steps are: Choosing a business name and register it, Obtain a National Tax Number (NTN) and a Sales Tax Registration Number, Obtain a Trade License from the local Municipal Corporation or TMA, Register with the relevant professional regulatory body for your field of consultancy, Obtain any necessary certifications or licenses required for your field of consultancy, Submit the necessary documents, Pay the relevant fee, Wait for the approval, renew the trade license, registration, and certifications on an annual basis and also inform the relevant authorities of any changes in the business operations or contact information.