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Registration Process of Company in Pakistan

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Registration Process of Company in Pakistan
QUAID-i-AZAM SCOOL OF MANAGEMENT SCIENCES, ISLAMABAD

SUBMITTED BY: Ishtiaq Ahmed
------------------------------
SUBMITTED TO:
SIR, ABDUL RAZZAQ
------------------------------
CLASS: MBA-II
--------------------------------
SUBJECT:
FINANCIAL ACCOUNTING

ACKNOWLEDGEMENT

First of all I’m very thankful to ALMIGHTY ALLAH for giving me strength to complete this report. Without his blessing it was not possible. I also wish to express my sincere thanks to Sir, ABDUL RAZZAQ. I’m extremely grateful and indebted to him for his sincere and valuable guidance, expertise and constant encouragement and supportive efforts.

TABLE OF CONTENTS

WHAT IS A COMPANY? ………………………………………………………………………………..
KINDS OF COMPANIES ………………………………………………………………………………..
COMPANIES ORDINANCE, 1984 ……………………………………………………………..
WHY IS IT IMPORTANT TO REGISTER A COMPANY? …………………………………
SECURITIES COMMISSION OF PAKISTAN (SECP) …………………………………………..
THE FORMATION, INCORPORATION AND REGISTRATION OF A COMPANY …….
PRE-INCORPORATION STAGE ………………………………………………………………………..
FORMATION OF A COMPANY (FLOW-CHART) ……………………………………………
MEMRANDUM OF ASSOCIATION…………………………………………………………………….
ARTICLE OF ASSOCIATION………………………………………………………………..................
INC. OF A COMPANY HAVING OBJECTS OF PROVIDING SECURITY SERVICES….
TRANSFERBILITIES OF COMPANIES………………………………………………………………..
POST INCORPORATION STAGE ………………………………………………………………..
MEMORANDUM OF UNDERSTANDING……………………………………………………………
RETAINED EARNINGS & its VALUATION BY DIFFERENT METHODS……...………
ANNUAL GENERAL MEETING - AGM'………………………………………………………………
TYPES OF SHARE CAPITAL AND DIFFERENT STOCKS..........................................

1. WHAT IS A COMPANY?
Company is legally an entity apart from its members, capable of rights and duties of its own, and endowed with the potential of perpetual succession. It is an ‘intricate, centralized, economic, administrative structure run by professional managers who hire capital from the investors”. In other
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