How to register a Public Limited (Listed) Company in Karachi is a key concern for businesses aiming for large-scale operations and public investment. A Public Limited Company (PLC) allows shares to be publicly traded on the stock exchange, offering high capital-raising opportunities while ensuring transparency and regulatory compliance under the Securities and Exchange Commission of Pakistan (SECP).
What is a Public Limited (Listed) Company?
A Public Limited Company (PLC) is a business entity that can offer shares to the general public through the Pakistan Stock Exchange (PSX). It operates under SECP regulations, providing investors with security and allowing business owners to expand their ventures significantly.
Benefits of Registering a Public Limited (Listed) Company in Karachi
- Access to Capital – Raise funds by issuing shares to the public.
- Limited Liability – Shareholders’ liability is restricted to their investment.
- Business Credibility – Enhances trust among investors and customers.
- Stock Exchange Listing – Increased visibility and market valuation.
- Perpetual Succession – The company continues to exist regardless of changes in ownership.
Step-by-Step Process for Public Limited (Listed) Company Registration in Karachi
1. Name Reservation
- Select a unique company name and apply for name reservation through SECP’s eServices portal.
- Ensure the name follows SECP guidelines and is available for registration.
2. Prepare Required Documents
- Memorandum of Association (MoA) – Defines business objectives.
- Articles of Association (AoA) – Outlines company rules and regulations.
- CNIC copies of directors and shareholders.
- Proof of registered office address.
- Details of proposed share capital and distribution.
3. Submit Online Application to SECP
- Complete the application through SECP’s eServices portal.
- Pay the government registration fee based on capital investment.
- Upload the required documents and submit the application.
4. Obtain Certificate of Incorporation
- After verification, SECP issues the Certificate of Incorporation, officially registering the company.
5. Apply for Pakistan Stock Exchange (PSX) Listing
- Submit application for listing at Pakistan Stock Exchange (PSX).
- Fulfill listing requirements, including financial disclosures and corporate governance compliance.
6. Register for NTN & Sales Tax (FBR Registration)
- Obtain National Tax Number (NTN) from FBR (Federal Board of Revenue).
- Register for Sales Tax (STRN) and Provincial Taxation (if applicable).
Documents Required for Public Limited (Listed) Company Registration
- CNIC copies of all directors and shareholders.
- Memorandum & Articles of Association (MoA & AoA).
- SECP’s prescribed application forms.
- Details of company’s share capital and directors.
- Business address proof.
Cost & Time for Public Limited (Listed) Company Registration in Karachi
- SECP Registration Fee: Varies based on company capital.
- Processing Time: 10 to 15 working days (subject to SECP approval).
- PSX Listing Time: Additional 3-6 months based on compliance and approvals.
- Additional Costs: Legal consultancy, audit requirements, and government taxes.
Get Expert Assistance for Public Limited (Listed) Company Registration
Pakistan Business Consultants offers complete assistance for Public Limited (Listed) Company registration in Karachi, ensuring a seamless process from SECP registration to PSX listing.
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📍 Pakistan Business Consultants
📞 Phone: 021-34302775-78
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Conclusion
How to register a Public Limited (Listed) Company in Karachi is a structured process governed by SECP and PSX regulations. With expert consultancy from Pakistan Business Consultants, you can register your Public Limited Company efficiently and ensure compliance with all legal requirements. Contact us today for expert company registration services!