THIS PAPER WILL DISCUSS:
1. Business structures in Pakistan
2. Difference Between Proprietorship, Partnership, Limited Liability Partnership & Private Limited Company
3. Pros and Cons of all business structures
4. Registration of Company: Procedure, Fees, Requirements
Inhaltsverzeichnis (Table of Contents)
- BUSINESS STRUCTURES IN PAKISTAN
- Non-Corporate Structures
- Sole Proprietorship
- Partnership or Association of Persons (AOP)
- Corporate Structures
- Limited Liability Partnership (LLP)
- Single Member Company (SMC Private Limited)
- Private Limited Company (PLC)
- Public Limited Company
- Non-Profit Organization
- Difference Between Proprietorship, Partnership, Limited Liability Partnership & Private Limited Company
- REGISTRATION OF COMPANY
- Registering a company with SECP
- List of documents required for registration of a company with SECP
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This document aims to provide a comprehensive overview of the various business structures available for startups in Pakistan, from a legal and regulatory perspective. It highlights the advantages and disadvantages of each structure, outlining the key considerations for entrepreneurs seeking to establish a successful business in the Pakistani market.
- Business Structures in Pakistan
- Legal and regulatory considerations for startups
- Comparison of different business structures
- Registration process with the Securities and Exchange Commission of Pakistan (SECP)
- Key requirements for company registration
Zusammenfassung der Kapitel (Chapter Summaries)
The first chapter provides a detailed overview of different business structures in Pakistan, categorized into non-corporate and corporate structures. Each structure is explained in detail, highlighting key features such as liability, ownership, and registration process. The chapter also discusses the suitability of each structure for startups, taking into account factors like capital requirements and growth potential.
The second chapter provides a comprehensive comparison of the most commonly used business structures, including sole proprietorship, partnership, limited liability partnership, and private limited company. It focuses on key areas like governing law, legal entity, liability, ownership, and accounting requirements. This comparison allows entrepreneurs to understand the distinct advantages and disadvantages of each structure, aiding in making informed decisions.
The final chapter delves into the registration process for companies in Pakistan, outlining the steps involved in registering a company with the SECP. It provides a checklist of required documents and outlines the process for obtaining an incorporation certificate. The chapter also emphasizes the importance of understanding relevant regulations and fees associated with company registration.
Schlüsselwörter (Keywords)
This text focuses on the legal and regulatory aspects of establishing startups in Pakistan. It explores various business structures including sole proprietorship, partnership, limited liability partnership, and private limited company. Key topics discussed include liability, ownership, registration process, and the role of the Securities and Exchange Commission of Pakistan (SECP) in regulating company formation.
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- Fatima Tariq (Autor:in), 2021, Prospects for Startups in Pakistan: A regulatory & legal perspective, München, GRIN Verlag, https://www.grin.com/document/1193148
