Search Results for: challan

How can we incorporate a new company by using eServices?

Please follow the procedure given below for company registration using e-Services: Sign up using the user registration procedure referred above. Create/Obtain separate User IDs and PIN for all proposed Subscribers. After successful user registration in e-services, login to eServices through SECP’s website https://eservices.secp.gov.pk/eServices/ using CNIC/NICOP/POC/Passport no. as Login ID and the entering the Password. Upon successful login, all available processes will be displayed. Click on Company registration process. Fill out the data and click “Continue” button, which will display the screen where “Sign form” option is available. Attach and Save Memorandum of Association in the attachment link provided. Please note that the attachment size should not exceed 2 MB. Attach and Save Articles of Association in the attachment link provided. Please note that the attachment size should not exceed 2 MB. Attach and Save copies of CNICs/passports of ...

How can we submit Forms/Returns by using eServices?

The general steps of the process are given below. Procedure may vary slightly depending on the kind of process selected by you. Sign up using the user registration procedure referred above. After successful user registration in e-services, login to eServices through SECP’s website https://eservices.secp.gov.pk/eServices/ using CNIC/NICOP/POC/Passport no. as Login ID and the entering the Password. Upon successful login, list of all companies related with user are displayed. Click “login” appearing after the relevant company The list of all available processes will be displayed. Click the relevant process. Fill out the data and click “Continue” button, which will display the screen where “Sign form” option is available. Attach the required document(s), if any. Open and Save Challan Form which is automatically generated through the System. Do not print Challan at this stage. Click “Sign form”. Please note that sign form link will be activa...

How can I get Challan form for online filing in eServices?

Challan form is automatically generated and filled out by the System after you enter the required information in the application/form. You have to save and print this challan and make payment in the designated branch. Do not use a manual challan for making payment for online filing....

How can we reserve name for a new company by using eServices?

Please follow the procedure given below to reserve name for a new company by using eServices: Sign up and generate PIN using the user registration procedure referred above. After successful user registration in e-services, login to eServices through SECP’s website https://eservices.secp.gov.pk/eServices/ using CNIC/NICOP/POC/Passport No. as Login ID and the entering the Password. Upon successful login, all available processes will be displayed. Click on name reservation process. Fill in the requisite data and click “Continue” button which will display the screen where “Sign form” option is available. Open and Save Challan Form which is automatically generated through the System. Do not print Challan at this stage. Click “Sign form”. Please note that sign form link will be activated when once mandatory attachments are made to the process and challan is saved. Enter the PIN and click “Apply user PIN”, the field for “PIN APPLIED” will be aut...

Registration of Company

INCORPORATION OF A COMPANY   Any three or more persons associated for lawful purpose may, by subscribing their names to the Memorandum of Association and complying with the requirements of the Companies Act, 2017 can form: A public company A private company If only one member forms a private company, it is called a single member company. First step towards incorporation of a company is to submit a combined or a separate application for the reservation of Company’s name and incorporation either through e-services or in physical form as per the formats provided in the Companies (Incorporation) Regulations, 2017 (the “Regulations”). The combined application shall include three proposed names in the order of priority, out of which any one may be approved by the registrar. Before applying for incorporation of company please check the name first at the links given below to make sure that the proposed name complies with the following conditions as provided under Section 10 of...

Licensing of Insurance Brokers

Eligibility Criteria: No person who is not a company shall be eligible to be licensed as an insurance broker. Pre-requisites: A minimum paid-up share capital of not less than ten million rupees for local brokers and 0.3 million US dollars for a foreign insurance broker to be registered in Pakistan; statutory deposits in the amount of 0.5million rupees maintained with the State Bank of Pakistan; and professional indemnity insurance to a limit of ten million rupees for any one occurrence. Application for Licensing: An application for grant of a license or renewal of license to act as an insurance broker shall, for the purposes of sub-section (4) or (5) of section 102 of the Ordinance, shall contain the following details in respect of the applicant, namely :— (i)         Its name; (ii)        the address of its registered office; (iii)       its postal address (if different); (iv)       a description of the business carried on by it ...

Registration of Company

Registration of Company Any three or more persons associated for lawful purpose may, by subscribing their names to the Memorandum of Association and complying with the requirements of the Companies Ordinance form a public company and any two or more persons so associated may, in like manner, form a private company. If only one member forms a private company, it is called a single member private company. Applicant may apply for the incorporation of the company either offline or online. Further, the application may be submitted with normal fee or through Fast Track Registration Services (FTRS) for urgent processing in 4 hours. Foreign subscribers/directors/shareholders are required to submit the following undertaking for company incorporation and subsequent filing of returns Undertaking Offline Incorporation Promoter guide is available at the following link for necessary guidance. See Promoter's Guide In case you wish to incorporate a company through FTRS, then deposit ...

Insurance Brokers

Eligibility Criteria: No person who is not a company shall be eligible to be licensed as an insurance broker. Pre-requisites: A minimum paid-up share capital of not less than ten million rupees for local brokers and 0.3 million US dollars for a foreign insurance broker to be registered in Pakistan; statutory deposits in the amount of 0.5million rupees maintained with the State Bank of Pakistan; and professional indemnity insurance to a limit of ten million rupees for any one occurrence. Application for Licensing: An application for grant of a license or renewal of license to act as an insurance broker shall, for the purposes of sub-section (4) or (5) of section 102 of the Ordinance, shall contain the following details in respect of the applicant, namely :— Its name; the address of its registered office; its postal address (if different); a description of the business carried on by it (other than insurance broking); the names of insurance companies, i...

Insurance Surveyors

Every surveyor, loss adjusters and loss assessor other than an adjuster of aviation or maritime losses are required to get licensed under section 112 of the Insurance Ordinance, 2000. Under the law there are two types of licenses: Insurance Surveyor (surveying company), and Authorized Surveying Officer. Classes of Insurance Surveying The following are the classes for insurance surveyors: Fire & Property Damage Marine Aviation and Transport business Motor Third Party Compulsory Business Liability Business Workers compensation business Credit & Suretyship business Accident & Health business Agriculture insurance including crop insurance Miscellaneous business Procedure for Granting License to Insurance Surveyor Eligibility Criteria No person who is not a company shall be eligible to be licensed as an insurance surveyor. Pre-requisites A minimum paid up share capital shall be one million rupees, The minimum level of professiona...