Registration Fee and Document Filing Fee is payable either to the State Bank of Pakistan or the designated branch of Habib Bank Limited. The procedure requires payment through Bank Challan in triplicate. Once the payment is made to the Bank, it keeps one copy of the Challan with itself and returns two copies with PAID stamp to the registrant for onward submission with other documents to Company Registration Office (CRO) of the Securities & Exchange Commission (SECP). Address of the concerned Bank is Habib Bank Limited, Jinnah Road Branch, Quetta. Account # 70001-4.

The company may propose one or more names according to their priority. The name should not be inappropriate, deceptive or designed to exploit or offend any religion. It should neither be identical nor have any close resemblance with the name of any existing companies.

For the convenience of general public, promoters and directors of companies, SECP has established its eight CROs at Islamabad, Karachi, Lahore, Peshawar, Faisalabad, Multan, Sukkur and Quetta. Besides there are certain guidelines explaining the prohibition of the use of the name indicating the state sponsorship or association with the national leaders etc. The official confirmation of the availability of the name is received by SECP’s any registration office after one day of filing of application along with challan of Rs. 200/= duly deposited in the bank account.

The name can also be verified for availability on internet (www.secp.org.pk). But such verification is unofficial. 

The fee of incorporation is reduced recently. The schedule for the registration fee is:

The registration is with the national tax authority, but a different division from the income tax. The application is filed with the registering wing of the sales tax directorate. The documents are filed and scrutinized, and an official visit follows on the premises of the application for the purposes of the verification of the address and particulars of the prospective tax payer. This takes a long time and is cumbersome.

The tax is levied by an Act of NWFP Legislative Assembly.

The employment tax or social security registration is not mandatory, but subject to notification in the Official Gazette. The Social Security Institute (SSI) is managed by the provincial governments and charges are levied on the employers, whether incorporated or not, at 7% of wages up to PKR 5,000 per month. In case any worker due to increase in wages, starts drawing more than PKR 5000 per month, Social Security Contribution at the rate of 7% is payable for PKR 5000 only and nothing is payable on the amount in excess of PKR 5000.

Workers Children (Education) Ordinance, 1972. Every employer of an establishment in which the number of workers employed at any time during a year is ten or more shall pay to the Provincial Government an education cess at the rate of one hundred rupees per worker per annum. The levy is used for providing education free of costs two (2) children of every worker employed in the establishment.

The provisions of Employees' Old-Age Benefits Act, 1976 automatically apply to every industry or establishment wherein ten or more persons are employed by the employer directly or through any other person, or were so employed on any day during the preceding twelve months and shall continue to apply to every such industry or establishment even if the numbers of persons employed therein is, at any time after the Act becomes applicable to it is reduced to less than ten.

Every establishment and factories employing clerical staff within the factory premises other than a one-man shop shall be registered with the Deputy Chief Inspector for the area within which such establishment is situated.

Any application for registration of an establishment under section 24 of West Pakistan Shops & Establishment Ordinance, 1969 shall be made by the employer in form “A” and shall be accompanied by a Treasury challan - Receipts under the West Pakistan Shops and Establishments Ordinance, 1969.

An application for registration of an establishment shall be made within two months of the setting up of the establishment.