Regulatory Alerts2023-05-09
Added · Updated
S.R.O. 530 (I)/2023: Amendments to Companies (Incorporation) Regulations, 2017
Regulation 15(1) of the Companies (Incorporation) Regulations, 2017 is amended to specify requirements for foreign companies or foreign body corporates acting as subscribers. The registrar now requires additional information, including the entity's profile, director details (nationality, country of origin), and constitutional documents. These documents must be certified as true copies by a public officer, a Notary Public, or via an affidavit from a responsible officer in the country of incorporation, or be apostillised if the country is a Hague Convention signatory recognized by Pakistan. Additionally, certifications by a public officer or Notary Public require authentication by a Pakistan diplomatic consular officer, and affidavits must be signed before such an officer.