Register company in Pakistan Pakistan Software Export Board registration

Register company in Pakistan | Pakistan Software Export Board registration

Register company in Pakistan Pakistan Software Export Board registration

Starting a business in Pakistan requires proper registration to operate legally. Whether you are launching a startup, expanding an IT firm, or entering the export market, understanding the register company in Pakistan process is crucial.

For IT companies, registering with the Pakistan Software Export Board (PSEB) is essential for availing tax benefits, government incentives, and international business credibility. This guide provides a complete roadmap to company registration, covering requirements, benefits, and the role of PSEB registration.


Why Register a Company in Pakistan?

Company registration offers several advantages, including:

Legal Protection: Operate as a legal entity and avoid legal risks.
Business Credibility: Gain trust among clients, investors, and stakeholders.
Tax Benefits: Enjoy incentives and exemptions, especially for IT businesses.
Government Support: Eligible for grants, funding, and training programs.
International Business Opportunities: Expand globally with PSEB registration.

If you are in the IT sector, securing Pakistan Software Export Board registration enhances your company’s market reach and credibility.


Types of Companies You Can Register in Pakistan

Before proceeding with registration, it’s important to choose the right business structure:

1. Sole Proprietorship

✔ Owned by a single individual.
✔ Simple registration process.
✔ Not a separate legal entity.

2. Partnership Firm

✔ Owned by two or more partners.
✔ Requires a partnership deed.
✔ Registered under the Partnership Act 1932.

3. Private Limited Company (Pvt Ltd)

✔ A separate legal entity.
✔ Limited liability protection.
✔ Requires Securities and Exchange Commission of Pakistan (SECP) registration.

4. Public Limited Company

✔ Can offer shares to the public.
✔ Requires more regulatory compliance.

For IT businesses, a Private Limited Company is the best option due to its credibility and ease of securing Pakistan Software Export Board registration.


How to Register a Company in Pakistan – Step-by-Step Process

The Securities and Exchange Commission of Pakistan (SECP) oversees company registrations. Here’s a breakdown of the process:

Step 1: Choose a Unique Business Name

✔ The name should be distinctive and not already registered.
✔ Avoid prohibited words listed by SECP.

Step 2: Reserve Company Name with SECP

✔ Visit the SECP e-portal and check name availability.
✔ Submit a name reservation application.
✔ Once approved, the name is reserved for 60 days.

Step 3: Draft Required Documents

Memorandum of Association (MOA): Defines business objectives.
Articles of Association (AOA): Outlines company rules and regulations.
Form 1, Form 21, and Form 29: Required SECP forms for incorporation.

Step 4: Submit Registration Application to SECP

✔ Apply online through SECP’s e-portal or visit a regional office.
✔ Attach the required documents and pay the registration fee.
✔ SECP reviews and approves the application within a few days.

Step 5: Obtain National Tax Number (NTN) from FBR

✔ Register with the Federal Board of Revenue (FBR).
✔ Obtain an NTN for tax compliance.
✔ Essential for opening a business bank account.

Step 6: Register with Pakistan Software Export Board (PSEB) (For IT Companies)

For IT-related businesses, Pakistan Software Export Board registration is crucial for exporting services, tax exemptions, and availing government incentives.


Pakistan Software Export Board Registration – Complete Guide

The Pakistan Software Export Board (PSEB) is a government body that facilitates IT exports and provides incentives to registered companies.

Benefits of PSEB Registration

Tax Exemptions: IT companies can benefit from tax exemptions and reduced corporate taxes.
Government Grants: Access funding for IT infrastructure and innovation.
International Recognition: Gain credibility for exporting IT services.
Training & Networking: Participate in training programs and global tech events.

Step-by-Step Process for PSEB Registration

Step 1: Check Eligibility

✔ Your company must be registered with SECP.
✔ The business should fall under IT services or software development.

Step 2: Submit Online Application

✔ Visit the PSEB official website.
✔ Fill out the registration form and attach required documents.

Step 3: Provide Business Details

✔ Company registration certificate from SECP.
✔ NTN certificate from FBR.
✔ Company profile, services, and project details.

Step 4: Pay Registration Fee

✔ A nominal fee is required for processing.
✔ Fees vary based on company size and services.

Step 5: Approval & Certificate Issuance

✔ PSEB reviews the application and verifies details.
✔ Upon approval, a registration certificate is issued.


Cost of Registering a Company in Pakistan

The cost of registering a company in Pakistan depends on the company type and capital investment.

Company Type Estimated Cost (PKR)
Sole Proprietorship 5,000 – 10,000
Partnership Firm 10,000 – 20,000
Private Limited Company 20,000 – 50,000
Public Limited Company 50,000 – 100,000

PSEB Registration Cost:
Small IT Firms: 5,000 – 10,000 PKR
Mid-Sized IT Firms: 10,000 – 20,000 PKR
Large IT Companies: 20,000 – 50,000 PKR


Why IT Companies Must Register with PSEB?

If you’re planning to export software or IT services, Pakistan Software Export Board registration is a must. Without it, IT businesses cannot officially export their services or claim tax exemptions.

Key Reasons to Register with PSEB:

✔ Get listed in the PSEB directory for international exposure.
✔ Access funding for tech innovation and business expansion.
✔ Secure government certifications to build credibility.
✔ Participate in global IT exhibitions and trade fairs.


Final Thoughts – Secure Your Business with Proper Registration

Whether you’re launching a startup or an IT firm, registering your company with SECP and obtaining Pakistan Software Export Board registration is crucial for business success. It ensures legal protection, tax benefits, and opportunities for global expansion.

By following the correct procedures, you can register a company in Pakistan efficiently and gain all the advantages of operating a legally recognized business. If you’re in the IT sector, don’t forget to register with PSEB to access exclusive benefits and international opportunities.

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