Business Formation
Your Business
Comprehensive Guide to Starting and Scaling
Starting a business involves navigating a legal framework governed by laws like the Companies Act, 2017, the Partnership Act, 1932, and the Limited Liability Partnership Act, 2017. Regulatory bodies such as the Securities and Exchange Commission of Pakistan (SECP) and the Federal Board of Revenue (FBR) play a key role in ensuring compliance. After registration, important steps include opening a business bank account, registering for an NTN and sales tax (if applicable), and adhering to ongoing regulations to maintain compliance.
Additional permits like import/export licenses, call center registrations, or professional tax registration may be needed for specific industries. Estimating costs and choosing a scalable business structure ensures financial planning, growth, and competitiveness.
