If you are starting a business in Pakistan, romanbusiness.com/ you will need to register your business name with the Securities and Exchange Commission of Pakistan (SECP). This process is relatively straightforward and can be completed online.
Here are the steps on how to register a business name in Pakistan:
- Go to the SECP website and create an account.
- Once you have created an account, log in and click on the “Register a Business Name” tab.
- Enter the following information:
- Your full name
- Your CNIC number
- The name of your business
- The type of business entity you are creating
- The address of your business
- The contact information for your business
- Review the information you have entered and click on the “Submit” button.
- You will receive an email confirmation from the SECP.
The cost of registering a business name in Pakistan is Rs. 500.
Here are some additional things to keep in mind when registering a business name in Pakistan:
- Your business name must be unique. You can check the availability of a business name by using the SECP’s online business name search tool.
- Your business name cannot be the same as the name of another registered business in Pakistan.
- Your business name cannot be misleading or deceptive.
- Your business name cannot be offensive or obscene.
Once you have registered your business name, you will need to obtain a trade license from your local government. The requirements for obtaining a trade license vary from city to city. You can contact your local government to find out more information.
Here are some of the benefits of registering a business name in Pakistan:
- It gives your business a legal identity.
- It allows you to open a bank account in the name of your business.
- It allows you to apply for a business loan.
- It gives you the right to sue and be sued in the name of your business.
I hope this article has been helpful. If you have any further questions, please do not hesitate to contact the SECP.