Starting Business

  • Step
    1
    3
    Obtain PIN for company registration

    Agency : Securities and Exchange Commission of Pakistan (SECP)
    Time to Complete : Less than one day (online procedure)
    Costs : PKR 100

  • Step
    2
    Make a Company Seal
    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-portal

    Agency : 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).

  • Step
    3
    11
    Make a company seal

    Agency : Seal Maker
    Time to Complete : 1 day
    Costs : PKR 400-600

  • Step
    4
    5
    Open a bank account for tax registration

    Agency : Bank
    Time to Complete : 1 Day
    Costs : No charge

  • Step
    5
    8
    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 Karachi

    Agency : 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