
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”].
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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.
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