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…
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