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According to the Companies Ordinance, 1984 there can be three different types of companies:
The following steps needs to be followed to create and register a company in Pakistan.
Declaration of compliance
Memorandum of Association explains your business sector of the company e.g. Institution,
Travel agency, Trading or manufacturing, Supply or chain of stores. To put simply, MOA tells
about the relationship of your company with the outside world.
Articles of Association lets know about the day-to-day proceedings within the company i.e. what
role CEO and directors would play, business concerned meetings and the appointments of
employees, in short- how the company will run.
NTN form
Proof of registration
Sales tax, like the income tax can be registered for, by applying for a Sales Tax Number (STN) at
the tax facilitation centre of the Regional Tax Office (RTO) of the Federal Board of Revenue
(FBR). For the professional tax, provided it applies, the company will have to register with
Exercise and Taxation (ET) Department of the District.
Under the Employees Old Age Benefits Institution (EOBI), insured employees are entitled to a
pension, upon retirement, invalidity in the case of disability, old-age grant and survivors
pension. Every industry or a commercial establishment with five or more employees has to be
registered with the Federal Employees Old age Benefits Institution (EOBI).