Creation 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 MorePublic Procurement Regulatory Authority (PPRA) Pakistan
Public Procurement Regulatory Authority (PPRA) Pakistan was established in 2002 to regulate all procurements of goods, services and works in the public sector. Tasked to build and strengthen capacity, to develop a uniform, modern, transparent and cost effective public procurement system, PPRA is also endowed with the responsibility to create standard, coherent and transparent set of rules,…
Read MoreHow 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…
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