Mobile has transformed Internet usage in the emerging markets. Data from global real estate portal Lamudi demonstrates the number of mobile visits to the property platform grew by an average of 32.17 percent globally between 2014 and 2015. According to Lamudi, which celebrated its second anniversary last month, the...
Divorce Laws in Pakistan
Pakistan is an Islamic republic, therefore laws and legislation has been designed to cater for Muslim Marriages, and Lawyers at OLY can assist you in dissolution of marriage with expert legal advice. WHAT IS A DIVORCE? Divorce or dissolution of marriage is the final termination of marriage, canceling the legal...
Tax Rate slab in Pakistan 2015
SLAB Where the taxable Income Exceed To but does not exceed rupees Rate Of Tax 1 0 400000 0 2 400000 TO 750000 0.05 3 750000 TO 1400000 0.1 4 1400000 TO 1500000 0.125 5 1500000 TO 1800000 0.15 6 1800000 TO 2500000 0.175 7 2500000 TO 3000000 0.2 8...
How to open bank account for Company?
COMPANY REGISTRATION IN PAKISTAN AND OPENING OF BANK ACCOUNT The next step after company registration in Pakistan is opening of Bank Account in the Name of the company. For that there are various Banks Available in Pakistan both National and International. You can got to any Bank and ask them...
How to transfer shares of Company in Pakistan?
he mode for transfer of shares in a company registered in Pakistan is provided in the companies’ ordinance, 1984. According to the requirements of companies’ ordinance, 1984 the following factors shall be taken into consideration: The mode for transfer of shares in company registered in Pakistan must be provided in...
How to change Company name in Pakistan?
It happens sometimes that the company is somehow registered with the name that they later on found is not compatible with their business or decides to change the name for any other reason. Therefore the companies’ ordinance, 1984 describes the reasons for which a company may change its name. These...
Memorandum of Association – Company registration in Pakistan
Memorandum of Association for the purpose of company registration in Pakistan Every company requiring registration in Pakistan whether as Private Limited company, Public Limited company or any other form of company must prepare memorandum of association. Memorandum of association of any company is basically the constitution of the company or...
Legal constraints in Company Registration
egal Aspects of company registration in Pakistan Pakistan in one of the most lucrative place for investment today because of the cheap and larger quantity of labour in the country. More and more investors have shown their interest in stabilising business in Pakistan. However as in most parts of the...
CDC – Centrally Depository Company Statistics
Historical Data of Centrally Depository Company in Pakistan. Performance at a glance June 30, 2012 June 30, 2014 February 28, 2015 Number of shares in CDS (in Bn) 99.17 110.35 114.34 Market Capitalization of shares in CDS (in Trillion) 1.874 3.852 4.485 % of shares in CDS...
Role and procedures of SECP
Provisions for registered office for the company registration in Pakistan: The provisions of companies ordinance, 1984 relating to companies registered in Pakistan are as follows: A company registered in Pakistan should have a registered office address within 28 days of obtaining certificate to commence business in case of public limited...