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    Private Limited

    A private limited company is a company which is privately held for businesses. The liability of the members of a Private Limited Company is limited to the amount of shares respectively held by them. Shares of Private Limited Company cannot be publicly traded.
    Benefits
    • Liability of the shareholders are only limited to the amount of their shares/ Investment Only;
    • Separate legal entity feature distinguishes Private Limited Company from Sole Proprietorship / Partnership Structure.
    • Fixed Tax rates for private limited companies benefits large scale businesses.
    Limitations
    • Registration can be time-consuming and costly for the companies to start up or transfer to be private limited.
    • The ownership separation sometime creates a conflict between the company and its directors; and
    • Decision making power is not available with everyone. The board has to take approval from other members for the decisions of the company.
    Rules & Regulations

    Private Limited Companies are regulated under Companies Act 2017.

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      Attachments

    • Principle Line of Business

    • Name of Chief Executive of the proposed Company;

    • Board of Resolution. (Click here to download Draft Board of Resolution.)

    • CNIC of the Directors.

    • Percentage of Shareholding
      • Authorized Capital
      • Paid Up Capital

    • Rent Agreement along with Landlord’s CNIC

    • Latest Paid Utility Bill


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