
Introduction
As the real estate sector continues to grow, more and more companies are being registered on a daily basis and new property tycoons and entrepreneurs are ready to serve this industry. Without a doubt, this industry provides excellent prospects for everyone to advance and earn a lot of money. Turning into a company or firm can surely boost your expertise as well as business in order to generate more revenue.
You may ask how we can register any real estate company in Pakistan? The government and concerned bodies have made some rules and regulations to register the company. The Security Exchange Commission of Pakistan is the body that regulates the startups and initiatives. Through its online portal, it aims to provide ease of business to everyone in the country.
You can quickly register your firm with a few easy steps. Instead of physical submission of documents, it’s suggested to go through the online portal and submit the necessary documents. All process of real estate company registration is precisely discussed in a blog with few tips.
Although the online process is more easy and simple, but anyone who prefers the physical process must follow these steps.
It’s better to go with the online process because you have to pay fee as a charges for the bank challan and the incorporation fee will be double in the physical application. SECP’s management also prefers the online process because of the government initiative toward e-governance.
After the company’s name approval, the next step is to register your firm in SECP by submitting the incorporated documents. These files can be submitted in pdf form through online portal. These required documents for company registration are listed below:
After the document submission, SECP will evaluate the provided documents. After approval, the National Institutional will issue the digital signatures that can be gotten through the SECP portal. In some businesses, you have to submit a presentation about your business model to NIFT.
It’s the last step but most important because the government has tightened its policy regarding income tax. Following documents must be provided with the application.
Before applying for sales tax, you must have a sales tax number ( STN ). The same process will be followed for the registration.
Before going for business registration, one must fulfill all the criteria:
A minimum amount of at least 100K is required for the incorporation and registration of the company. For this capital, 1800 Rupees will be charged through the online submission and 3500 Rupees for the manual application. The amount varies according to the type of business, size, and total capital.
Conclusion
Real estate is the only sector after the textile industry that’s growing and booming at full pace. As an individual, you may not expand your operations, but as a team or firm, there are great opportunities to grow in this business. All process is explained in detail with guidelines that how to register real estate company in Pakistan.
Stay Tuned
Office #5 Ascon Heights II plaza, Mezzanine Floor Main Double Road Soan Gardens, Islamabad
Please enter your username or email address. You will receive a link to create a new password via email.