Advantages And Disadvantages of a Company in Pakistan

We wrote article on “how to register a private limited company in Pakistan” and a large number of people has sent us emails and requested to explain the major advantages and disadvantages of company formation in Pakistan.

In Pakistan, people generally think that if they will form a private limited company their business will grow exponentially. It is not true. You should assess your business first and decide whether it is time to convert it to a company or not . No doubt, registration of company is necessary if you have plan to provide Hajj & Umrah Services or banking services etc. but if you have just started your business then my advice is to establish your business first and then go for company formation.

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