Registering a real estate company in Pakistan involves several steps and compliance with various laws and regulations. Here are the general steps to register a real estate company in Pakistan:
- Choose a name for your company and conduct a name search with the Securities and Exchange Commission of Pakistan (SECP) to ensure that it is available for registration.
- Obtain a National Tax Number (NTN) and Sales Tax Registration Number (STRN) from the Federal Board of Revenue (FBR).
- Obtain a certificate of incorporation from the SECP. This can be done online via the SECP’s eServices portal.
- Obtain a trade license from the relevant Municipal Corporation or Union Council.
- Register with the Employees Old-Age Benefits Institution (EOBI) and the Social Security Institution (SSI) to ensure compliance with labor laws.
- Obtain a certificate of registration from the Pakistan Engineering Council (PEC) if your company is involved in the engineering industry.
- Obtain a certificate of registration from the Real Estate Agents Registration Board (REARB) if your company is involved in the real estate agency business.
- Obtain a No Objection Certificate (NOC) from the relevant department of the provincial government if your company is involved in the construction business.
- Register the company with the Pakistan Real Estate Regulatory Authority (PRA)
It’s important to note that the above process and requirements are subject to change, and it is always best to consult with a legal advisor or a company registration consultant for specific guidance and advice.
Also, it is important to keep in mind that Real estate business also requires proper licenses and certifications in order to work legally, including the NOC from the relevant department, license from the PRA, etc.