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Employees’ Old-Age Benefits Institution (EOBI): Ensuring Social Security in Pakistan

  Employees’ Old-Age Benefits Institution (EOBI): Ensuring Social Security in Pakistan  Introduction to EOBI The Employees’ Old-Age Benefits Institution (EOBI) stands as a pivotal social insurance entity in Pakistan, established to offer essential social security benefits to the country’s workforce. Founded under the auspices of the Employees’ Old-Age Benefits Act of 1976, EOBI operates under […]

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Income from Salary

Salary: SALARY AND ITS COMPONENTS ·         Income from Salary Model: Benefits received from Employer ·         No Deductions are allowed. Employment Relation “Employee” means any individual engaged in employment. “Employer” means any person who engages and remunerates an employee. “Employment” includes: • a directorship or any other office involved in the management of a company. •

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Advantages of having a registered company in Pakistan

Advantages of having a registered company in Pakistan Introduction: Establishing a registered company is a pivotal step towards economic development and entrepreneurial success. Pakistan, a rapidly evolving nation with a vibrant business landscape, offers numerous advantages to those who choose to register their companies within its borders. This article explores the key advantages that businesses

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Benefits of having a subsidiary company in Pakistan

Benefits of having a subsidiary company in Pakistan

Introduction: Expanding business operations globally has become a common strategy for organizations seeking growth and market diversification. Pakistan, with its growing economy and favorable business environment, offers numerous advantages for companies considering the establishment of a subsidiary. Definition of a Subsidiary Company: A subsidiary company is an entity that is controlled or majority-owned by another

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How to transfer ownership of a registered company in Pakistan

How to transfer ownership of a registered company in Pakistan

Title: Transfer of Ownership of a Registered Company in Pakistan Introduction: Transferring ownership of a registered company in Pakistan involves a series of legal procedures and documentation. This process enables the transfer of shares or assets from one entity to another, allowing new owners to assume control and responsibility. The transfer can occur through various

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Benefits of using SECP online company registration system in Pakistan

Benefits of using SECP online company registration system in Pakistan If you are planning to start a business in Pakistan, one of the first steps you need to take is to register your company with the Securities and Exchange Commission of Pakistan (SECP). SECP is the regulatory authority for all corporate entities and capital markets

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Benefits of registering a private limited company in Pakistan

Benefits of registering a private limited company in Pakistan

Benefits of Registering a Private Limited Company in Pakistan Introduction: Registering a private limited company in Pakistan offers numerous advantages and opportunities for entrepreneurs seeking to establish a business. A private limited company is a legal entity that provides a separate identity to the business and offers limited liability protection to its shareholders. This article

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Difference between sole proprietorship and partnership company registration in Pakistan

Difference between sole proprietorship and partnership company registration in Pakistan

Introduction: When starting a business or a company in Pakistan, entrepreneurs have the option to choose between different types of business structures. Two popular choices are sole proprietorship and partnership. Understanding the differences between these two forms of business registration is crucial for entrepreneurs to make an informed decision. Definitions: Sole Proprietorship: A sole proprietorship

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