Regulation 8 — Application for incorporation of company
Regulation text
(1) An application for incorporation of
company along with fee as specified in Seventh Schedule to the Act , shall be filed in any of the
following modes, namely: -
(i) separate application for incorporation of company in the manner as provided in sub -
regulation (2); or
(ii) combined application for reservation of name and incorporation of company in the
manner as provided in sub-regulation (3).
(2) An applicant shall make separate application for incorporation of company either
online through e-service or in physical form to the registrar as per Form-1 along with the following
documents—
(i) memorandum (in case of online application, applicant can either attach soft copy of
Memorandum as a PDF f ormat or select predefined system generated Memorandum
available in e-services except for companies having specialized business);
(ii) articles where required;
(iii) copies of valid CNIC/NICOP (Computerized national identity card/ national identity
card for overseas Pakistanis) of the subscribers/ directors/chief executive officer /any
other officer or copies of valid Passport in case of a foreigner;
(iv) in case of a single member company, also attach a copy of valid CNIC/NICOP of
nominee or copy of valid Passp ort/ National Identity Card or any other identity
document in the respective country, translated in English language, in case of a
foreigner;
(v) copy of CNIC of witness in case of physical filing of application;
(vi) in case of physical application, autho rity letter on stamp paper of requisite value in
favour of any one of the subscribers or registered intermediaries, authorizing him to
file documents for incorporation of company on behalf of subscribers, make correction
therein, if required after incorpor ation of company. The authority letter shall be
witnessed with his particulars and shall also be notarized;
(vii) NOC/Letter of Intent/ License (if any)/ approval letter of the relevant regulatory
authority in case of specialized business as mentioned in regulation 5;
(viii) in case of physical application, original paid bank challan or other evidence of payment
of fee specified in Seventh Schedule to the Act;
(ix) copy of valid CNIC/ NICOP/Passport of person duly authorized by the Board of
directors of a body corporate which is a subscriber along with copy of Board
resolution. In case of a subscriber which is a limited liability partnership, copy of valid
CNIC/NICOP/Passport of designated partner/partner empowered to act as such, along
with copy of instrument empowering him;
(x) in case the subscriber is an individual of foreign nationality, foreign company or a
foreign body corporate, additional information and documents certified in the manner
as specified in Regulation 19.
(3) The combined application for reservation of name and incorporation of a company
limited by shares shall be filed online through e-service on payment of fee along with scanned copies
of relevant and applicable documents, as mentioned in sub -regulation (2) of this regulation except
memorandum of association and articles of association, which shall be generated by e-service:
Provided that facility of combined application shall not be available for companies to
be formed to carry on or engage in any business which is subject to a licen se or registration,
permission or approval as required under the respective law:
Provided further that the applicant may enter three names for the proposed company
in the order of priority and the Registrar shall approve any one of the given names as per t he given
order of priority subject to fulfillment of criteria mentioned in section 10 of the Act and in these
regulations:
Provided also that in case of refusal of the proposed names, the registrar shall issue the
order of refusal as per Annexure-B.
Forms citing this regulation
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