Foreign company registration in Pakistan

A foreign company can register in Pakistan by forming a subsidiary company or by opening a branch office. The process for registering a foreign company in Pakistan is similar to that for registering a domestic company, but there are some additional requirements and considerations.

Here is a general overview of the process for registering a foreign company in Pakistan:

  1. Choose a name for the company and conduct a name search to ensure it is available and not in use by another company.
  2. Obtain a National Tax Number (NTN) and a Sales Tax Registration Number (STRN) from the Federal Board of Revenue (FBR).
  3. Register the company with the Securities and Exchange Commission of Pakistan (SECP) as a private limited company or a single-member company.
  4. Obtain a certificate of registration from the Chamber of Commerce and Industry.
  5. Obtain any necessary licenses and permits from the relevant government department, such as the Ministry of Commerce, Ministry of Industries and Production, Ministry of Agriculture and Livestock, and Ministry of Textile Industry.
  6. Obtain a Sales Tax registration certificate from the Federal Board of Revenue (FBR)
  7. Register for social security and employee provident fund with the Employees Old-Age Benefits Institution (EOBI)
  8. Obtain a work permit for the foreign employees.

It is important to note that process and the requirements may vary depending on the type of business and the location of the company. It’s advisable to consult with a lawyer or a professional consultant for specific guidance and help in the registration process. Additionally, the foreign company will have to comply with the laws and regulations of Pakistan, including tax laws, labor laws, and other relevant laws.

Leave a Comment

Your email address will not be published. Required fields are marked *