PRIVATE COMPANY REGISTRATION IN SECP

The private limited company is considered as separate legal entity than its directors and all companies have unlimited lives. Sole proprietorship losses its life when its owner dies. However, in case of a company death of a director does not affect life of the company.

It is easy to transfer ownership from one person to another like from father to son or from sister to brother in a private limited company while it is difficult to transfer ownership in other types of businesses.

One of the advantages of company is that people generally rate companies higher than other types of businesses. Therefore, company carry good image among public and this image help the company in the attraction of business 

REQUIREMENTS

COMPLETION TIME:

 4 – 5 Working Days

REQUIRED DOCUMENTS:

  • Name of company
  • Nature of business
  • Percentage of shareholding of all members
  • Name of Directors and Chief Executive
  • Detail of Nominee in case of single member company
  • Address of company
  • Contact detail of members
  • Contact Details of company