Requirements for setting up an import company in Pakistan
Who can import to Pakistan?
Foreign investors can set up 100%
foreign-owned import companies in Pakistan
.
- Obtain a National Tax Number (NTN) issued by Federal Board of Revenue (FBR)
- Obtain a Sales Tax Registration Number (STRN) from FBR
- Have a bank account in Pakistan
- Are a member of any chamber of the Chamber of Commerce and Industries (CCI)
Import license in Pakistan
proof of the fulfillment of these requirements to the Federal Board of Revenue (FBR)
Minimum capital requirement
The step-by-step process of setting up an import company in Pakistan
company registration in Pakistan
#1 Company name approval
#2 Submission of incorporation documents
- Three copies of Memorandum of Association (MOA) approved by all shareholders
- Three copies of Articles of Association (AOA) signed by all shareholders
- Copies of Computerized National Identity Card/National Identity Card for Overseas Pakistani of the subscribers/directors/chief executive officer/nominee (for single member company)/authorized representative or copies of Passport in case of a foreigner
- Authorization for Filing of Documents by the subscribers
- Registration/Filing Fee (depends on the capital)
- No Objection Certificate/Letter of Intent/License (if any) of the relevant regulatory authority in case of specialized business.
- Declarations on Prescribed Forms
#3 Deposit of shares by shareholders
#4 Additional registration
#5 Import license
Import to Pakistan using an importer of record
without acquiring any licenses or incorporating a company
the importer of record in Southeast Asia