Weboc Pakistan Registration For Import And Export

To start an import and export business, the necessary step is Weboc registration.

Understanding Import & Export

Before inaugurating the business, one should always know about it. Let’s start by understanding that import stands for buying products from other countries. Whereas, export means selling products to other countries. As the business is becoming popular, with respect to time, it has some actually useful advantages.

First of all, it was introduced in 2011. Now, this program is excellent for encouraging traders, agents, and customs officers. This platform is continually striving towards betterment. Also, container tracking is now effective.

Understanding Weboc registration

Weboc is short for web-based one customs. This platform is for importers, exporters, and clearing agents. Moreover, it is a government based program provided by FBR. Additionally, it is important and compulsory for filing goods declaration. There is no other method for GD filing. Furthermore, Weboc provides a tendency to keep track of your import and export business. To be more precise, Weboc helps the importers and exporters to manage their cargo. It is also useful for custom officers. Besides, the most certain advantage of this is that it is completely online. Hence, it makes the business run smoothly. However, certain documents are needed to start import and export business or to do Weboc registration.

Documents required for Weboc registration

All businesses need different types of documents. For instance, if your company registration is done.  

Sole proprietorship:

This is a kind of business in which only one person owns the company. You can get more information about a sole proprietorship. Now, we will tell you the documents which are required for registration if you have a sole proprietorship business. 

• CNIC of proprietor
• Nadra verification
• NTN certificate
• Sales tax certificate
• Ownership documents of business location/rent agreement with owner CNIC
• Chamber of commerce certificate
• ATL income tax and sales tax 
• Utility bills paid
• Formatted Rs/- 100 stamp paper
• Weboc user registration form
• Business bank account
• WEBOC id request letter on letterhead 

Associate of person: 

• Original CNIC of partners (Nadra verified)
• NTN certificate
• Sales tax certificate
• Partnership deed
• Ownership documents of business location/rent agreement with owner CNIC
• Chamber of commerce certificate
• ATL income tax and sales tax 
• Utility bills paid
• Formatted Rs/- 100 stamp paper
• Weboc user registration form
• Business bank account
• WEBOC id request letter on letterhead 
• Authority letter on stamp paper of all partners

Private limited company

• Verified CNIC of all directors
• NTN certificate
• Sales tax certificate
• Incorporation certificate
• WEBOC id request letter on letterhead 
• Memorandum of articles
• 21 FORM
• FORM 29
• FORM A
• Ownership documents of business location/rent agreement with owner CNIC
• ATL income tax and sales tax
• Chamber of commerce certificate
• Utility bills
• Formatted Rs/- 100 stamp paper
• Weboc user registration form
• Business bank account
• Weboc board resolutions
• Authority letter

Also, the good that needs to be exported pursues a clearing agent. The clearing agent requires a few documents which we will explain below. Keep reading.

What is a clearing agent?

They play a very prominent role in shipment. Many people confuse the clearing agent and freight forwarder. Firstly, you should know that a freight forwarder must control the movement of goods from one place to another. He does this job on behalf of the cargo keeper. Precisely, he has to keep the charge of the security and maintenance of the cargo and goods.

Besides, the clearing agent is also known as a customs broker. All countries have different requirements for a clearing agent. However, in Pakistan, the clearing agent is supposed to be aware of the laws, borders, ports, etc. Moreover, make sure that the clearing agent should have a clearing license. Nevertheless, the difference between both of them is that the freight forwarder is the controller of the cargo movement. Whereas, the clearing agent takes care of the custom clearance features of the company. Every import and export business needs to hire a clearing agent. But, there are some documents required.

Documents required for clearing agents

• Commercial invoice
• Letter of credit
• NTN certificate
• List of packing
• Origin certificate issued by Chamber of commerce

So, these were the procedures you need to go through to start an import and export business. Also, if you feel like you need to add anything more to the article, you can tell it us. Moreover, if you need any business consultation, you can freely ask it from our experts. So, all you need to do is to take your phone and dial the number. Also, you can contact us for any kind of business consultation. 

More information about Weboc and import/export

There are many things you need to be aware of before starting an import and export business or Weboc registration. Nevertheless, the Weboc registration system is secure and convenient. They have enabled all security authentications which makes sure that there is no fraud. Furthermore, the online system enables the import and export business owner to be aware of the cargo status, etc. Recently, Weboc has introduced its play store app. Therefore, it is made more compatible to be used by the import and export business owners.  

Other than telling you the business inauguration process, you also need to be aware of the tips and tricks you have to follow to start your business. After preparing the documents and doing Weboc registration, your business will start. So, these are things you should keep in your mind to attain success. 

Tips for import and export business after Weboc registration

1. Sufficient capital: Make sure that you have enough capital to bear the expenses and do the business properly.
2. Legal documents preparation Your documents should be prepared properly. But, for that, you need to be aware of the documents you need which we have explained above. Yet, if you require any kind of business consultation, you can ask us anytime. We love to hear queries. Other than that, you should also have a vast knowledge of the shipping terms.
3. Professional consultation As described above, you always need assistance to start your business. The business consultants will prepare you for the business startup. You will learn to face the loss and all the frauds will be minimized. 

Conclusively, these are the things you need to know about the import and export business. If you need any kind of consultation, you will be given that right on the spot! We offer all kinds of taxation services and consultations with the help of our expert lawyers. So, you don’t need to worry about it. We are here to help!