Regulatory Alerts2023-10-31
Added · Updated
The Companies (Incorporation) Regulations, 2017
The Securities and Exchange Commission of Pakistan establishes procedures for reserving company names and incorporating companies under the Companies Act, 2017. Applicants may file separate or combined applications for name reservation and incorporation via online e-services or physical forms, proposing up to three names in order of priority. The regulations prohibit names containing specific government, international body, or offensive terms, while restricting others like 'Bank' or 'Insurance' to entities with prior regulatory approval. Incorporation requires submission of memorandums, articles of association, identity documents for subscribers and directors, and payment of fees as specified in the Act's Seventh Schedule.
Topics
Share