* Fields are Compulsary
Formation of Partnerships in Pakistan
Partnership remains a common mode of business enterprise in Pakistan for small to medium business set-ups. Partnerships are normally formed where there is a desire to have some structural flexibility.
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Statutory corporations or bodies are creation of a statute. They are formed by the Central Government or a Provincial Government through a Central Statute or a Provincial statute, as the case may be.
Business in Pakistan
There is no requirement under the law of Pakistan for registration of such Agreements. However, the entities which form Joint Venture may themselves be required to be registered under the relevant law.