Definitions: Private Company: A private company is a type of business entity that restricts the transferability of shares and limits the number of shareholders to a maximum of 50. It is not allowed to offer its shares to the public and is commonly owned by a small group of individuals or families. Public Company: A […]
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Introduction: Choosing the right company name is a crucial step when registering a business in Pakistan. A company name serves as an essential identifier for the business and plays a significant role in shaping its brand image and market perception. This article explores the importance of selecting an appropriate company name for registration in Pakistan,
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Public Limited Companies (PLCs) are one of the most common forms of business entities in Pakistan. They are required to pay taxes on their income, which is calculated based on the tax laws of the country. In this article, we will discuss the taxation of Public Limited Companies in Pakistan in detail, including definitions and
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Taxation of Private Limited Companies in Pakistan: Private limited companies in Pakistan are required to comply with the taxation laws and regulations of the country. The income of the company is subject to income tax, which is levied by the Federal Board of Revenue (FBR). In this article, we will discuss the taxation of private
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Rawalpindi Chamber of Commerce and Industry (RCCI) is a non-profit, non-governmental organization that represents the business community in Rawalpindi city and adjacent areas. RCCI was established in 1952 and since then, it has been serving the business community by providing them with various services, including business development, advocacy, and networking opportunities. In this article, we
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Registering a society in Pakistan is a process that involves legal procedures and formalities. A society is a non-profit organization formed for the promotion of charitable, religious, cultural, educational, or social welfare purposes. The Societies Registration Act, 1860, governs the registration of societies in Pakistan. In this article, we will discuss the process of registering
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A trust is a legal entity that holds property for the benefit of a specific purpose or person. In Pakistan, the Trusts Act, 1882 governs the registration and management of trusts. Registering a trust in Pakistan offers numerous benefits, including asset protection, tax advantages, and centralized management. In this article, we will explore the benefits
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A trust is a legal entity that allows individuals or organizations to transfer their assets or property to a trustee, who manages and distributes them for the benefit of designated beneficiaries. In Pakistan, trusts are governed by the Trusts Act, 1882, and are registered with the Registrar of Trusts in the relevant province. Here is
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