About Single Member Company

There is often much confusion and misinformation (usually disseminated  by the local bar stool expert) as to what type of entity a Single Member Company actually is. Let's clear it up then!
Single Member

A Single Member Private Limited Company does not, first and foremost ,mean that the company can have only one director!

A member is a shareholder or in effect a company owner. In many small companies the company members i.e. shareholders may indeed be one and the same as the company directors.

A Single Member Company is therefore no different from any other private limited company other than the fact that the entire issued share capital is held or owned by one single/sole person i.e the single member hence, the designation "single member company".

Company Registration in Pakistan – How to Register a Private Limited Company in Pakistan

It is very easy to set up a private limited company in Pakistan; however, people generally don’t know registration procedure. There are large numbers of law firms working in the country to provide consultancy for incorporation but it is always good to have little knowledge about processes involved in registration.

In Pakistan, private limited companies are incorporated and regulated by the Companies Ordinance, 1984 while Securities and Exchange Commissioner of Pakistan (SECP) is a regulatory authority established for regulation of stock markets and the Companies ordinance, 1984.  One of the important functions of the Commission is the registration/incorporation of public and private limited companies. Therefore, people who want to get their private limited companies registered are supposed to apply to the commission. The commission issues incorporation certificate when all requirements are met by promoter(s) as per law.

How to Register a Company in Pakistan?

Company registration in pakistan remains the most favored form of business organizations in Pakistan. Incorporation of a company really helps boost up business for medium as well as large-scale business enterprises. Legal regime for establishment and regulation of companies in Pakistan is given in the Companies Ordinance, 1984. 

Whereas the function of administration of these companies is vested in the Securities and Exchange Commission of Pakistan and the Registrar of Companies appointed by the Securities and Exchange Commission of Pakistan for a Province of Pakistan where such company is to be registered.

Starting a Business in Pakistan - Doing Business In Pakistan

Below is a detailed summary of the bureaucratic and legal hurdles faced by entrepreneurs wishing to incorporate and register a new firm in Pakistan. It examines the procedures, time and cost involved in launching a commercial or industrial firm with up to 50 employees and start-up capital of 10 times the economy's per-capita gross national income.

This information was collected as part of the Doing Business project, which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 185 economies. The most recent round of data collection was completed in June 2012