| Setting up Business in Pakistan |
|
|
 |
|
Barrister Tahseen Butt & Associates is immensely proud to state, as a fact, that we have registered private limited companies and provided other related legal services to a record number of businesses, in the last 6 months.
As per the request of our valued clients, we have compiled a list of legal services you may need if you are desiring to initiate and establish a business in Pakistan. We provide the services listed herein below for setting up business in Pakistan. Also find mentioned against each service our professional charges alongwith any costs, expenses, Government Fees etc.
You do not necessarily require all the services mentioned below so, choose any one or more of the services stated herein below, as per your requirement.
|
|
|
|
 |
|
|
| A. Modes of Setting up Business in Pakistan |
|
|
| 1. |
Registration of Private Limited Company |
| |
• |
Professional charges for registration= Depends upon the share capital of the |
| |
|
proposed company |
| |
• |
Expenses = Depends upon the share capital of the proposed company |
| |
• |
Advice on complete procedure for registration (not necessary)=Rs. 7,000 |
| |
|
(US$ 90 only) |
| 2. |
Registration of Public Limited Company |
| |
• |
Professional charges= Rs. 2,50,000 (US$ 3125 only) |
| |
• |
Costs and expenses according to the authorized share capital of the |
| |
|
proposed company. |
| 3. |
Registration of a Partnership |
| |
• |
Professional charges = Rs.12000 (US$150 only) |
| |
|
Costs and expenses = Rs.2, 500 (US $ 32 only) |
| |
• |
Advice on complete procedure for registration (not necessary)=Rs. |
| |
|
21,000 (US$ 270 only) |
| 4. |
|
Joint Venture Agreement |
| |
• |
Professional charges = Rs.75, 000 (US$940 only) |
| 5. |
Establishing a place of business in Pakistan of a foreign Company |
| |
• |
Professional charges = Rs.50, 000 (US$625 only) |
| |
• |
Advice on complete procedure for registration (not necessary)=Rs. |
| |
|
14,000 (US$ 180 only) |
|
|
|
|
| |
|
|
| |
| B. National Tax Number Certificate (NTN) and Sales Tax Registration |
|
|
| 1. |
NTN Certificate. |
| |
• |
Professional charges = Rs.3000 (US$ 40 only) |
| 2. |
Sales Tax Registration. |
| |
• |
Professional Charges = Rs. 3000 (US$ 40 only) |
|
|
|
|
| |
|
|
| |
| C. Opening a Back Account |
|
|
| 1. |
Board of Directors Resolution (Drafting) |
| |
• |
Professional Charges = Rs.3000 (US$ 40) |
|
|
|
|
| |
|
|
| |
| D. Intellectual Property Right (Such as Trademark, Patent. Copyright) Registration |
|
|
| 1. |
TradeMark/ Service Mark Registration (in one class only) |
| |
• |
Professional Charges for registration= Rs.20, 000 (US$ 250 only) |
| |
• |
Costs and expenses = Rs.10, 000 (US$ 125 only) |
| |
• |
Advice on complete procedure for registration (not necessary)=Rs. 7,000 |
| |
|
(US$ 90 only) |
| 2. |
Copyright Registration (one work only) |
| |
• |
Professional Charges = Rs.20, 000 (US$ 250 only) |
| |
• |
Expenses = Rs. 10,000 (US$ 125 only) |
| |
• |
Advice on complete procedure for registration (not necessary)=Rs. 7,000 |
| |
|
(US$ 90 only) |
| 3. |
Patent or Design Registration (one only) |
| |
• |
Professional Charges = Rs. 20,000 (US$ 250 only) |
| |
• |
Expenses = Rs. 10,000 (US$ 125 only) |
| |
• |
Advice on complete procedure for registration (not necessary)=Rs. 7,000 |
| |
|
(US$ 90 only) |
| |
|
|
|
|
|
|
| |
|
|
| |
| E. Intellectual Property Rights and Licensing Agreement(s) |
|
|
| 1. |
Trade Mark Licensing Agreement (Drafting) |
| |
• |
Professional Charges = Rs.50, 000 (US$ 625 only) |
| 2. |
Franchise Agreement (Drafting) |
| |
• |
Professional Charges = Rs.75, 000 (US$ 940 only) |
|
|
|
|
| |
|
|
| |
| F. Purchase / Rent of Office |
|
|
| 1. |
Sale Deed (Drafting only) |
| |
• |
Professional Charges = Rs. 15,000 (US$ 190 only) |
| |
• |
Costs and Expenses according to the value of the property. |
| 2. |
Lease Agreement (Drafting only) |
| |
• |
Professional Charges =Rs.10, 000 (US$125 only) |
|
|
|
|
| |
|
|
| |
| G. Employment Related Meters |
|
|
| 1. |
Employment Contract |
| |
• |
Professional Charges = Rs.35, 000 (US$440 only) |
| |
• |
Any modifications Rs.10, 000 (US$ 125 only) |
| 2. |
Legal Opinion regarding Employees Old Age Benefit institution (EOBI)
Registration |
| |
• |
Professional Charges =Rs.20, 000 (US$ 250 only) |
| 3. |
Legal Advice regarding Provincial Employees Social Security Institution (P.E.S.S.I.) Registration |
| |
• |
Professional Charges = Rs. 20,000 (US$ 250 only) |
| 4. |
Legal Advice regarding Payment under Workmen’s Compensation Act
1923 |
| |
• |
Professional Charges = Rs.20, 000 (US$ 250 only) |
| 5. |
Legal Advice regarding setting up of Provident Fund |
| |
• |
Professional Charges = Rs.20, 000 (US$ 250 only) |
| 6. |
Registration with EOBI (if advised) |
| |
• |
Professional Charges = Rs.20, 000 (US$ 250 only) |
| |
• |
Costs and Expenses= available on request |
| 7. |
Registration with Provincial Employees Social Security Institution (PESSI) (if advised) |
| |
• |
Professional Charges =Rs.20, 000 (US$ 250 only) |
| |
• |
Costs and Expenses =available on request |
|
|
|
|
| |
|
|
| |
| H. Import / Export / Licenses / Permissions from Government Department |
|
|
Legal Advice concerning any import export license and or approvals, permissions
NOC’s, licenses, registrations with any government department. |
| • |
Professional Charges = Rs.35, 000 (US$440 only) |
|
|
|
|
| |
|
|
| |
| I. Taxation Related Matters |
|
|
Legal Advice regarding Custom Duty and Sales Tax vis a vis the rate(s) of levy how
and when payable and income tax implications. |
| • |
Professional Charges = Rs.30, 000 (US$ 400 only) |
|
|
|
|
| |
|
|
| |
| J. Foreign Exchange Repatriation |
|
|
| Legal Advice in respect of repatriation of money abroad |
| • |
Professional Charges = Rs.30, 000 (US$ 400 only) |
|
|
|
|
| |
|
|
| |
| K. Other Miscellaneous Matters |
|
|
| 1. |
Business Sale / Purchase Agreement |
| |
• |
Professional Charges = Rs.35, 000 (US$ 440 only) |
| 2. |
Sale/ Purchase of Goods Agreement |
| |
• |
Professional Charges =Rs.50, 000 (US $625 only) |
| 3. |
Provision of Service Agreement |
| |
• |
Professional Charges = Rs.50, 000 (US $ 625 only) |
| 4. |
|
Pakistan Software Export Board Registration |
| |
• |
Professional Charges = Rs.25, 000 (US $320 only) |
| 5. |
Employment Promoter’s License |
| |
• |
Professional Charges = Rs.35, 000 (US $ 440 only) |
| 6. |
Licensing of a Security Company |
| |
• |
Professional Charges =Rs.30, 000 (US $ 375 only) |
| 7. |
Licensing for Restaurants |
| |
• |
Professional Charges = Rs.35, 000 (US $ 440 only) |
| 8. |
Licensing For Hotels |
| |
• |
Professional Charges = Rs.50, 000 (US $ 625 only) |
| 9. |
Licensing of Pharmaceutical Company |
| |
• |
Professional Charges = Rs.35, 000 (US $ 440 only) |
| 10. |
Licensing of Pharmaceutical Company |
| |
• |
Professional charges=Rs.25000 (US $320 only) |
| |
• |
Costs and expenses as per the category of Constructor/Operator |
|
|
|
|
| |
|
|
| |
|
|
After setting up of the business enterprise you may avail our retainership services.
Retainership services include complete legal documentation and it is a full legal cover
as far as legal documentation is concerned. However, it does not cover litigation
services or costs and expenses, Government fees etc. |
| • |
Retainership charges for small sized companies i.e. number of employees between 1 to 12 is Rs.10, 000 per month. |
| • |
Retainership charges for medium sized Companies i.e. number of employees
between 13 to 50 shall be Rs.15000 to 25000 per month. |
| • |
Retainership Charges for large sized Companies i.e. number of employees
exceeding 50 is Rs.25, 000 plus, per month. |
| |
|
| |
Yours sincerely,
B
arrister Tahseen Butt & Associates
Advocates and Legal Consultants
429-Q, Commercial Area,
D.H.A., Lahore,
Pakistan.
Tel: 0092-42-57 08 237 (38)
Fax: 0092-42-57 08 331
Website: www.tahseenbutt.com
E-mail: tahseen@tahseenbutt.com |
|
|
|
|
| |
|
|
| |
|
|
| |
|
| |
Welcome to the web site of Tahseen Butt and Associates,
a portal to the home of
qualified, experienced,
pulsating and knowledgeable lawyers who are diligently involved in providing cutting edge services to a broad spectrum of clients.
|
|
| |
|
|
|
| |
|
| |
 |
|
Qualified Lawyers in Pakistan
Having foreign qualified lawyers in Lahore office and also providing legal services with help of lawyers Karachi, lawyers Islamabad and lawyers Faisalabad as corporate law firm Pakistan. |
|
 |
|
| |
|
|
Qualified Attorneys in Pakistan
Lawyers Pakistan accentuates substitute argument declaration as an option to precious, prolonged litigation. When there is no choice, though, our attorneys are ready to go to prosecution. |
|
|
|
| |
|
|
Legal Identity Documentation
Lawyers Pakistan manages the groundwork on any type of business notes and delivers legal and tactical counseling. Our attorneys in Pakistan also manage and consult contracts or agreements. We have great capability to register companies, businesses, copyrights, trademarks or legal identity for commercial and non commercial organizations. |
|
|
|
| |
|
|
PROTECTION OF INTERNATIONAL & WELL KNOWN TRADE MARKS IN PAKISTAN
A Trade Mark is entitled to limited protection in Pakistan, even if it is not registered in Pakistan, provided that it is considered a well known Trade Marks under the Paris Convention. The relevant law in respect of Trade Marks, unfair competition
Read more . . .
|
|
|
|
|
| |
|
