How to Incorporate a Company in Pakistan with Foreign Directors?

Pakistan has become an increasingly attractive destination for foreign investment in Asia, thanks to its relatively liberal foreign investment policy. The Pakistani government has announced several benefits for foreign investors, including the ability to repatriate profits to their home countries. In order to enjoy these benefits, foreign investors are required to register a company in Pakistan. You can register an independent or subsidiary company of a foreign company in all sectors of the economy, including IT and Fintech. This is an interesting way to note that a foreign company can be registered in all sectors of the economy.

It's noteworthy that the Government of Pakistan has also offered several benefits in different sectors. For example, in order to promote and boost the IT sector in Pakistan, the government - upon certain terms and conditions - has offered complete income tax exemption to IT companies. This means that if an IT Sector Company generates income in Pakistan from software export or other allied services, compete income tax exemption is available upon such income received in Pakistan.

There are 2 types of company that can be incorporated with the Securities & Exchange Commission of Pakistan (SECP):

Single Member Company (with a maximum of one shareholder and a minimum of one director) Private Limited Company (with a minimum of two shareholders and a maximum of 50 shareholders, and a minimum of two directors)

In light of the recent policy that requires at least one local Pakistani director with a minimum 1% share must be introduced in a foreign company, it is recommended that the foreign company opts to register as a private limited company.


To incorporate your company with the SECP, you will need to submit the following documents and information: Proposed name of the company Principal line of business defining the scope and object A correspondence address in Pakistan

Name of shareholder(s), Director(s) and Chief Executive, along with copies of their passport in case of a foreigner or CNIC/NICOP in case of Pakistani Detail of shares to be subscribed by each shareholder Undertaking by the foreign shareholders and directors on the prescribed format

If any foreign directors or shareholders are in Pakistan, a copy of their valid visa must be provided. In any other case, the undertaking must be attested by the Pakistani High Commission in the foreign country and must be counter-attested by the Foreign Affairs Office in Pakistan.

Documents related to a foreign company (in case if a subsidiary of a foreign company is required to be registered)

The company's profile, detail of its directors, their nationality and country of origin, board resolution (approval of investment in a local subsidiary company), articles of association, memorandum of association, and certificate of incorporation should all be filed with the registrar after they have been collected.

The company's incorporation documents must be certified by a public officer in the company's country of incorporation, or by a notary public of that country. In addition, an affidavit of a responsible company officer must be submitted to the SECP. Upon submission of these documents, the SECP will issue a certificate of incorporation, and the company will be issued a National Tax Number (NTN) at the time of incorporation.

Lahore Office

Main Boulevard Gulberg, Main Market, Lahore, Punjab 54000
Mr. Ahmed Burhan

Faisalabad Office

Burhan Center, 97-99, Gulistan Market Railway Road, Faislabad, Pakistan
Mr. Ahmed Burhan

UK Office

Associate Office (London)
Mr. Ahmed Burhan

Free Online Visa Form