STEP 1 NAME RESERVATION AND COMPANY INCORPORATION

The first step towards incorporation of a company is to submit an online or offline application for the reservation of the Company’s name and incorporation of the company.
Three names are to be proposed. The registrar would allow a name available, which will be included in the incorporation documents.
When choosing the name of the company, refer to Section 10 of the Companies Act, 2017 (the “Act”) and
Regulation 4 of the Regulations for prohibitions/restrictions on certain company names. You can conduct
a company name search free of cost through the “Company Name Search Section”, available on SECP’s website.
Incorporation documents include:
(i) Memorandum and Articles of Association (prefer samples available on SECP’s website for different
sectors)
(ii) Copies of CNIC/NICOP of the subscribers/ directors/ chief executive officer/ nominee (for single member company)/authorized representative or copies of
Passport in case of a foreigner
(iii) NOC/Letter of Intent/ License (if any) of the relevant regulatory authority in case of specialized business
(iv) In case the subscriber is a foreign company, the profile of the company, detail of its directors, their
nationality and country of origin, a certified copy of its charter, statute, or memorandum and articles etc.
(v) Authorization for filing of documents by the subscribers
(vi) Registration/ Filing Fee

In case the subscriber/entrepreneur intends to obtain name availability first and then submit the incorporation documents, separate applications can be submitted as outlined in the Regulations.

STEP 2 RECEIVE THE COMPANY INCORPORATION CERTIFICATE

The subscriber/entrepreneur will receive a Certificate of Incorporation issued electronically or in physical form.

STEP 3 START YOUR BUSINESS

Once the certificate of incorporation is received, a private company /single member company can start its function. A public company can start its business after a duly verified declaration (as per the format provided in the Companies (Compliance and Reporting) Regulations,
2017) regarding compliance with the conditions specified in Section 19(1) of the Act has been filed by the
chief executive / one of its directors and the secretary and the same has been accepted and registered by the registrar.