Starting a private limited company in Pakistan has become easier and more streamlined, thanks to digital registration systems and government support for entrepreneurship. Whether you’re a tech startup, e-commerce business, or manufacturing unit, registering as a private limited company offers credibility, limited liability, and ease of doing business. Here’s everything you need to know.
What is a Private Limited Company in Pakistan?
A private limited company (Pvt Ltd) in Pakistan is a type of legal business structure registered under the Companies Act, 2017 with the Securities and Exchange Commission of Pakistan (SECP). It offers limited liability protection to shareholders and is ideal for small to medium-sized enterprises.
Key Specifications of a Private Limited Company
| Feature | Description |
|---|---|
| Minimum Shareholders | 2 |
| Maximum Shareholders | 50 |
| Minimum Capital Requirement | No minimum capital requirement (can start from PKR 100,000 or less) |
| Liability | Limited to the extent of unpaid shares |
| Legal Identity | Separate legal entity from its shareholders |
| Compliance | Must file annual returns and financial statements with SECP |
| Name Suffix | Must include “(Private) Limited” at the end |
Steps to Register a Private Limited Company in Pakistan
- Name Reservation on SECP e-Services Portal
- Propose 1–3 names and get them approved within 24-48 hours.
- Name must not be identical to any existing company or contain prohibited words.
- Digital Signature & NTN Registration
- Obtain digital signature from NIFT (National Institutional Facilitation Technologies).
- Apply for NTN (National Tax Number) via FBR.
- Document Submission
- Upload Memorandum & Articles of Association.
- Submit CNICs of directors, address, and contact details.
- Company Incorporation Fee
- Pay online fee (starts from PKR 1,500–5,000 depending on capital and company type).
- Certificate of Incorporation
- SECP issues Certificate of Incorporation within 3–5 working days.
- Open Bank Account
- Open a corporate bank account in the company’s name.
- Register for Tax & Sales Tax (if applicable)
- Register with the FBR and provincial revenue authority if your business deals with goods/services.
Benefits of a Private Limited Company in Pakistan
- Limited Liability: Shareholders are not personally liable for company debts.
- Credibility: Preferred by banks, investors, and clients.
- Perpetual Succession: Business continues even if shareholders change.
- Ownership Flexibility: Shares can be transferred easily with approval.
- Access to Funding: Easier to attract investors or venture capital.
SECP has introduced a One-Day Company Registration initiative for eligible companies under fast-track registration. You can now get your company registered within 24 hours, provided all documents are complete and requirements are met.
Read More: CCP approves acquisition of shareholding in IMS Electric (Private) Limited
Frequently Asked Questions (FAQs)
Q1: How much does it cost to register a private limited company in Pakistan?
A: Registration fees range from PKR 1,500 to PKR 5,000, excluding legal or consultant charges.
Q2: Can I register a private limited company alone?
A: No. You need a minimum of two shareholders to register a private limited company in Pakistan.
Q3: What documents are required?
A: CNICs of directors, proposed company name, business address, and Memorandum & Articles of Association.
Q4: Is it necessary to hire a lawyer or consultant?
A: Not mandatory, but hiring a legal consultant helps avoid delays or errors in documentation.
Q5: Can a foreign national register a private limited company in Pakistan?
A: Yes, foreign nationals can register a company by complying with State Bank of Pakistan and Board of Investment regulations.
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Registering a private limited company in Pakistan is an ideal legal structure for entrepreneurs looking to grow their business with security and scalability. With SECP’s digital services and startup-friendly policies, the process is now more efficient than ever.
