Civil Service Laws
Civil Service Laws “Civil service” refers to the body of government officials who are employed in civil occupations that are neither political nor judicial. A well-functioning Civil Service helps foster good policy making, effective service delivery, accountability and responsibility in utilizing public resources which are the characteristics of good governance. The importance of civil services
Read MoreDishonouring of Cheque
Dishonoring of Cheque or Cheque Bounce : FAQs What are the conditions that make the dishonouring of a cheque an offence in Pakistan? When cheque is issued dishonestly by one person to the other. In what circumstances is the dishonouring of a cheque not an offence in Pakistan? Each case has its own facts and
Read More
Registration of Foreign Companies in Pakistan
Law governing registration of foreign companies in Pakistan Foreign companies are subject to the requirements of Sections 434 to 443 of the Companies Act, 2017 [“Act”]. In this behalf, Securities and Exchange Commission of Pakistan [“SECP”] has issued S.R.O. 1224 (I)/2018 dated 5 October, 2018 where under it has issued Foreign Companies Regulations, 2018 [“Regulations”].
Read MoreCreation and Registration of Trust under Trust Laws of Pakistan
Law of Trust in Pakistan The Trusts Act 1882 (the “Act”) provides the law related to trusts in Pakistan. A trust under the Act may be created for any lawful purpose by a person competent to contract. The person who creates the trust is referred to as the “Author of the trust”. The Author can
Read More
How to register single member company in Pakistan
A Single Member Company (SMC) based on a category of personal company, restricted by shares, that is incorporated with one member. SMC doesn’t invite the general public to subscribe for any share of the corporate. The corporate doesn’t register any share’s within the name of 2 or additional persons to carry one or additional shares
Read More
Step by Step Process for Registration of Foreign Company in Pakistan
A Wholly Owned Subsidiary is a type of company in which another company holds 100% shares. When foreign company make investment of 100% FDI(Foreign Direct Investment) in Pakistan, the company becomes a wholly owned subsidiary of that foreign company. A Wholly Owned Subsidiary is a company whose entire share is held by foreign corporate bodies.
Read MoreSetting up business in Pakistan
For starting a business in Pakistan, it is a mandatory requirement under the Companies Act 2017 (“Act”) for all associations, partnerships or entity consisting of more than twenty persons that are formed for the purpose of carrying on any business that has for its object the acquisition of gain by the association, partnership or entity,
Read MoreRegistration Of Local NGO In Pakistan
Registration Of Local NGO In Pakistan The legal framework governing NGOs is complex, and there are several laws under which an NGO may be registered in Pakistan. The most significant of these are: 1. Voluntary Social Welfare Agencies Registration and Control Ordinance 1961. This Ordinance defines permissible purposes within the social welfare field. Registration under
Read MoreRegistration Of International Non-Governmental Organizations (INGO) In Pakistan
Registration Of International Non-Governmental Organizations (INGO) In Pakistan In recent years, the Government of Pakistan has adopted a restrictive approach towards the operations of international nongovernmental organizations and their local partners by refusing visas, restricting grant of business visas, introducing cumbersome and time consuming registration requirements, and requiring approvals from various different authorities for new
Read More