PRIVATE Company registration
In modern business world need of registration cannot be overlooked. Pakistan is rapidly moving towards documented economy. So whether we talk about Company Registration in Pakistan or Partnership Registration in Pakistan. The process of Company registration in Pakistan is not much complicated compared to company registration in some of the other parts of the world. Further, both foreign and domestic investors have the choice to get registered with various types of companies.
There are three major types of companies
Single Member Company
Private Limited Company
Public Limited Company
Private Limited Company
Two or more persons can form a private limited company, being a corporate entity chance to gain the confidence of customers, supplier and other stakeholders increase significantly
Public Limited Company
Three or more than three person desirous to form a company to offer shares to the general public may form a public company. Although a public company has to fulfill many legal formalities but a public company can offer its share to the general public.
Single Member Company
Hence an individual can form a company and enjoy the advantage of limited liability without joining hands with anyone and without sharing profit and ownership of the corporate entity.
limited liability partnership
(LLP) is a partnership concern in which some or all partners have limited liabilities. It therefore can display the essentials of partnerships and companies. In an LLP, each partner is not liable for another partner's misconduct or negligence.
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