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January 8, 2020WHAT COUNTRIES HAVE NO INCOME TAX?
January 17, 2020HOW TO DO BUSINESS REGISTRATION ONLINE?
Business registration online in Pakistan is very important when we think of starting a business in Pakistan in today’s era; we have the facility forgistnration online. Anyone who wants to start a small business anywhere in Pakistan they have the information how to register their business or company name with the government of Pakistan. If you starting a new business in Pakistan, then you have to register your business against Government Act.
COMPANY REGISTRATION ONLINE
Sole Proprietorship Business Registration
This structure is most suitable when your business is small as well as there is only one owner, It is the one which involves the least cost and has very little compliance.
Partnership Business Registration
This structure is most suitable when there are two or more persons come together to form a business as partners furthermore divides the profits thereof in an agreed ratio. It is simple to form and has fewer compliance as compared to the company.
BUSINESS REGISTRATION ONLINE
How to register a company in Pakistan online?
In current times, SECP has begun giving e-services which include online company registration and some associated services as well, like company name lookup and availability. The method is getting brisk every day and according to our analysis. ETA for online registration of companies is • Normal Way: 3 days
But companies concerning Foreign Directors (Non-Pakistani) require a security clearance. In this case, these companies are also required to submit a subsequent undertaking (Especially for Foreign directors). For Online Incorporation which is under the newly promulgated Companies Act 2017, the process can be represented into 3 simple steps as you can see over here.
Business registration online procedure is somewhat different in each state as the Act is different in each state but the basic process of company or business registration remains the same for registration as well as company registration online renewal.
HOW TO APPLY FOR BUSINESS REGISTRATION
Here we are discussing how to apply for business registration online and what are the points which you need to consider while trying to file an application form for business registration online. This information is majorly focusing on online service providers or publishers like bloggers, content writers, web designers, etc. who are dealing with their viewers through an online channel. Such service providers usually do not own a physical business however they still provide services to their customers. And yes, such providers have equal right to request for issuing a company and business registration online same as that of those business owners who run actual physical businesses.
DOCUMENTS REQUIRED FOR BUSINESS AND COMPANY REGISTRATION ONLINE PROCESS
- 1. Copy of Logo or Trademark to in jpeg format (If any)
- Signed Form – 48 (Application details), Email ID and Contact no. of Applicant
- ID and Address Proof of Applicant (self-attested)
- Business Details (MOA or Nature of Business etc.)
- Certificate of Incorporation / Partnership Deed / LLP Agreement, if applicable (self-attested)
- Power of Attorney (Will be prepared by us)
PREPARE DOCUMENT FOR SIGNING BUSINESS OR COMPANY REGISTRATION
An Income Tax Return of Pakistan can be changed in five (5) years of being filed to correct any omission or incorrect statement found later on. To review the Income Tax Return filing, An individual has to file an application for revision in IRIS. After approval of your application, you can file a revised Income Tax Return of Pakistan in the IRIS portal.
IF YOU WANT PROFESSIONAL ASISTANCE OF SPECTRUM CONSULTANCY
Spectrum consultancy has a special team with our legal expert partners that can help you in any sort of business registrations (local as well as foreign). .