Agency : Securities and Exchange Commission of Pakistan (SECP)
Time to Complete : Less than one day (online procedure)
Costs : PKR 100
Starting Business
- Step1
Obtain PIN for company registration - Step2
Reserve the name, register company, pay incorporation fees, obtain a national tax number(NTN) and register with Excise & Taxation Department of the District (Professional Tax), the SESSI, EOBI and Labor Department of Karachi on the SECP e-portalAgency : Securities and Exchange Commission of Pakistan (SECP)
Time : 1 week
Costs : Name reservation fee (PKR 200) + Filing fee (PKR 400) + Registration fee (for online submission: PKR 1,000 for capital below PKR 100,000; additional PKR 500 for every PKR 100,000 of capital or part thereof, above PKR 100,000 and up to PKR 10,000,000) + Fee for registration with the Labor Department (PKR 1,000). - Step3
Open a bank account for tax registrationAgency : Bank
Time to Complete : 1 Day
Costs : No charge - Step4
Apply for a Sales Tax Registration Number (STRN) at the tax facilitation center of the Regional Tax Office (RTO) of the Federal Board of Revenue (FBR) in KarachiAgency : Tax facilitation center of the Regional Tax Office (RTO) of the Federal Board of Revenue (FBR) in Karachi
Time to Complete : 1 week
Costs : No charge
