| Company
Registration
Mode of Forming Companies
Any seven or more persons associated for any lawful purpose
may, by subscribing their names to the Memorandum of Association
and complying with the requirements of the Companies Ordinance,
in respect of the registration, form a public company, and
any two or more persons, so associated may, in like manner,
form a private company.
Prior approval of the ministries (which regulate their respective
functions) noted against each category of the following
specified nature of companies is required before incorporation
of such companies.
(1) Banking Company Ministry of Finance/State Bank of
Pakistan.
(2) Insurance Company Ministry of Commerce.
(3) Investment Finance Company (Investment-Bank) (i) Ministry
of Finance.
(ii) State Bank of Pakistan.
(4) Leasing Company Securities and Exchange Commission of
Pakistan.
(5) Venture Capital Company Securities and Exchange Commission
of Pakistan.
(6) Asset Management Company Securities and Exchange Commission
of Pakistan.
A company which invests in any of the following industries
(i) Arms and Ammunition Ministry of Industries/Board of
Investment.
(ii) Security Printing, Currency and Mint. Ministry of Industries/Board
of Investment.
(iii) High Explosives. Ministry of Industries/Board of Investment.
iv) Radio Active Substances Ministry of Industries/Board
of Investment.
b) Availability of Name of the Company
The first step with regard to incorporation of a company
is to confirm the availability of the name of the proposed
company from the concerned registrar on payment of a fee
of Rs.100, The name should not be inappropriate, deceptive
or designed to offend the religious sensibilities of the
people, and it should neither be identical nor have a close
resemblance to the name of any existing company.
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CopyRight 2005 Pak India Business Council
.::COMPANY
REGISTRATOR::.
