Category: Islamabad
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How to Apply NTN for Company
How to Apply NTN for Company What is National Tax Number (NTN)? National Tax Number is like an identity card of a business it is used to verify the registration of a business with Federal Board of Revenue (FBR), the apex tax regulatory authority. NTN is required to open a bank account and to enter…
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How to Register a Trademark in Pakistan
How to Register Trademark in Pakistan What is Trademark (TM)? A trade mark is a sign that is used to distinguish business’ goods or services from those of other traders. A trade mark can be represented graphically in the form of your company’s logo or a signature. Intellectual Property organization of Pakistan The only government body that governs rules…
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Sole Proprietorship Registration
How to Register Sole Proprietorship in Pakistan Sole proprietorship is ancient form of business organization; it is as old as human civilization. With some merits and demerits, sole proprietorship is easiest to form. Any single person without joining hands with any other person can start a sole proprietorship business in Pakistan. Pakistan is amongst the…
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Company Registration in Islamabad
How to Register a Company in Islamabad – Pakistan Islamabad is capital of Pakistan; it is among the top ten most beautiful cities of the world. It is the financial and investment hub of Pakistan.Highest per capital income, developed infrastructure, largest population, strategic location and many other factors have and made the city most attractive…
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Registered Office for Company Registration in Pakistan
Registered Office for Company Registration in Pakistan Notice of the location/address of the registered office and any of change therein shall be given within twenty-eight days after the date of the incorporation of the company or of the change, as the case may be, to the registrar who shall record the same. It is customary…
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Legal Provision Relating to Company Registered Office
How to Change Company Address or Registered Office Relevant provisions: Sections 21, 142 and Section 172 of the Companies Ordinance, 1984 read with Rule 3 & 30 of The Companies (General Provisions and Forms) Rules, 1985 Mode of documents submission: Both online and offline STEP 1 Pass resolution in Board of Directors meeting for change…
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Company Registration in Pakistan with Foreign Director
Company Registration in Pakistan with Foreign Director A company, being an artificial person, is managed and controlled by the directors of the company. The Directors are the head of a company. They are the supreme authority controlling the managerial and other affairs of the company. They are jointly known as the Board of Directors (BOD)…
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Company Registration in Pakistan Single Member Company and Private Company (Tabular Comparison)
Company Registration in Pakistan Single Member Company and Private Company (Tabular Comparison) A tabular comparison between Single Member Company and Private Limited Company is as under: Description Single Member Company – Only one natural person as shareholder Private Limited Company – Two or more natural persons as shareholders 1. How company name is written in legal…
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Company Registration in Pakistan as Single Member Company
Single Member Company Registration in Pakistan A Single Member Company (SMC) is a class of private company, limited by shares, which is incorporated with one member. SMC does not invite the public to subscribe for any share of the company. The company does not register any share(s) in the name of two or more persons…
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Provident Fund Accounting
Provident Fund Accounting In provident fund employer and employee contribute a specific amount and at the end of employment accumulated amount, sum of employer and employee contribution, is paid to employee. Suppose total salary (inclusive of all) is Rs.10,500 employee PF contribution:500 Employer’s contribution: 500 Entry will be Salary 10,500————————–Dr. Employer’s contribution 500———Dr. To Provident…