Following types of business registrations are available in Pakistan:

  1. Sole Proprietor
  2. Partnership Firm

1. Sole Proprietor: The sole proprietorship is a form of the business which an individual can operate and it does not represent any legal entity. It owns by one person who is personally liable for its debts. A sole proprietorship can do operation under the name of its owner or it can have an alternate name such as 'Amir Property Consultant'. An alternate name is only a trade name and it does not reflect any legal entity which is separate from the business owner. sole proprietorship registration is done through FBR (Federal Board of Revenue) in Pakistan and normally it takes a day only to get it registered.

2. Partnership Firm: A partnership is a type of business where a formal arrangement is made between two or more parties to jointly manage and operate their business while sharing the profits as per the agreed terms. In a partnership mode of business, partners are individually or collectively responsible for all the business debts. Partnership is registered by the Local Registrar of District in Pakistan and it normally takes up to 2 - 7 days to get it registered.



Contact Us

Muhammad OssamaAdvocate High Court

+92-331-5708761
m.ossama@adllawassociates.com

Note: You may contact the above lawyer for a free consultation regarding sole proprietorship / partnership registration

Business Registrations Explained

# Sole Proprietor Partnership Firm
GENERAL
Separate Legal Entity
Number of Subscribers One person 2 or more persons
Representative Business Individual Partners
Capital Requirement
Registration Provider FBR (Federal Board of Revenue) Local Registrar of District
Time of Incorporation 1 working day 2-7 working days
LIABILITY
Partners / Owners Liability Business individual is personally liable to all the agreements and debts of the business Partnership or partners indiviaually or collectively responsible for all agreements and debts
Business Liability Business individual is personally liable to all the agreements and debts of the business Partnership or partners indiviaually or collectively responsible for all agreements and debts
PROTECTION
Name Protection Registrar of the firms won't allow to use the same name by any other business
Title or Trade Mark To get protection of title or trade mark registration with Intellectual Property Office is required
ANNUAL REQUIREMENT
Title or Trade Mark
Audit of Accounts
Return Filing with Regulator
Return Filing with Regulator

WHAT WE DO

ister your sole properiter or partnership in Pakistan

KEYWORDS

Business Registration, Sole Proprietor, Partnership, Online Company Registration, NTN, Sole Proprietorship Registration, FBR, Business Name Registration,