This is a very simple process. You can download a copy of your memorandum and articles of association online through Companies House. If you register through the first formation, the office will provide you with a copy of these documents.Thank you for reading this post, don't forget to subscribe!
When will it be necessary?
To register a Company in Pakistan, it is necessary to prepare a Memorandum and Articles of Association. Even a Company will be a private limited Company, a public limited Company, or any other Company.
What does it value?
In fact, the Articles of Association of any Company is a kind of foundation that underlies the Company’s charter or the structure of the Company.
Are the company’s activities restricted?
After registration, the Company can only carry out the activities described in the Company’s Articles of Association, so it is important to know that all companies that the Company proposes to carry out must be stated in the Articles of Association.
Does office of company will be registered?
The contents of the Company’s articles of incorporation shall comply with the 1984 Company ordinance. The contents of the articles of incorporation are as follows.
The name of the Company that requires registration and whether it is a limited liability Company, a limited liability Company, or any other form of business. A place that also specifies the state in which the Company’s registered office will be located. The basic purpose of registering a Company, in other words, is why a Company is registered and the business it does.
It is also stated that if a Company is registered as a limited liability Company or any other form of Company, the Company is a limited liability Company and the liability of its members is limited to that amount. Of unpaid capital in the case of a limited liability Company. The amount of equity capital shall also be stated in the Basic Articles of Incorporation that the Company proposes to register.
The distribution of equity capital to a fixed amount of shares is also stated in the Memorandum and Articles of Association.
All subscribers or shareholders listed in the Company’s articles of incorporation shall acquire at least shares and may not acquire half of the shares. The number of shares that each member of the Company proposes to acquire shall be the opposite of the number of shares he has acquired.
What are the terms of the amendment?
Company registration in Pakistan Conditions for amending the basic articles of incorporation of a Company registered in Pakistan. Companies registered in Pakistan are allowed to amend their Memorandum and Articles of Association for the following reasons:
Pakistani Registered Companies may amend the Memorandum and Articles Association to achieve their objectives through new or improved means. If a Company registered in Pakistan proposes to expand its business domain, changes to the memorandum are also permitted.
The Company may also modify its Articles of Association to carry out its existing business and other businesses that it can conveniently carry out. Similarly, you can make changes to your Company’s Memorandum and Articles of incorporation to limit or abandon the businesses listed in the articles of incorporation.
Companies are also making changes to the Memorandum and Articles of Association to sell or dispose of all or part of their business. In addition, the basic articles of incorporation of companies registered in Pakistan may be changed to integrate business with other companies.
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