Online business registration in Pakistan

In order to register an online business in Pakistan, you will need to follow certain steps and complete certain requirements. The process can vary depending on the type of business you wish to register and the specific industry in which your business will operate.

  1. Choose a name for your online business and check its availability by conducting a name search with the Securities and Exchange Commission of Pakistan (SECP).
  2. Obtain a National Tax Number (NTN) and Sales Tax Registration Number (STRN) from the Federal Board of Revenue (FBR).
  3. Obtain a certificate of incorporation from the SECP. This can be done online via the SECP’s eServices portal.
  4. Obtain a trade license from the relevant Municipal Corporation or Union Council.
  5. Register with the Employees Old-Age Benefits Institution (EOBI) and the Social Security Institution (SSI).
  6. Register with the Pakistan Engineering Council (PEC) if your online business is involved in the engineering industry.
  7. Register for GST if your online business’s turnover is more than Rs. 20 million per annum.
  8. Obtain a license from the Pakistan Telecommunication Authority (PTA) if your online business provides telecommunication services.
  9. Obtain a license from the Pakistan Electronic Media Regulatory Authority (PEMRA) if your online business provides electronic media services.
  10. Register with the State Bank of Pakistan (SBP) and obtain a Payment Service Provider (PSP) license if your online business offers online payment services.

It is 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. Additionally, you may need to comply with other regulations such as data protection, cyber security, etc.

It’s also important to keep in mind that online businesses are subject to different laws, regulations and compliance requirements than traditional brick-and-mortar businesses, so it’s essential to have a good understanding of the legal and regulatory environment in which you’ll be operating.

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