Unlimited Company UnltdPakistan
What it takes to form, own and run an other legal form in Pakistan, and how its profit is taxed. Each figure links to the page it was read from.
This company type
At a glance
Quote
“unlimited company” means a company not having any limit on the liability of its members;
The registry’s and the law’s own pages do not mention it.
The registry’s and the law’s own pages do not mention it.
The registry’s and the law’s own pages do not mention it.
The registry’s and the law’s own pages do not mention it.
Form it
Who registers it
- Registry
- Formed without visiting
- Not stated
The registry’s and the law’s own pages do not mention it.
- Formed online
- Yes
What it takes to form
- A notary
- Not stated
The registry’s and the law’s own pages do not mention it.
- A resident director
- Not required
- Paying up the capital
- Not in our records
Own it
Who may own and run it
- Directors
- Not stated
The registry’s and the law’s own pages do not mention it.
- Shareholders
- Not stated
The registry’s and the law’s own pages do not mention it.
- Members
- Not stated
The registry’s and the law’s own pages do not mention it.
- A local company secretary
- Not required
Quote
A public company must have a company secretary; possessing such qualification as may be specified.
- A local registered agent
- Not required
Quote
A company shall have a registered office to which all communications and notices shall be addressed
Each year, at the registry
Not in our records Annual registry fee, Accounts on the public record, Audit for a small company, Audit: none of these is in our records for the Unltd.
Important dates
When each obligation falls due, as the authority states it.
Not in our records No dates for the Unltd are in our records.
What is public
- Directors
- Public
Quote
Every company shall, within a period of fifteen days from the date of appointment of any person referred in sub-section (1) or any change among them, or in any of their particulars, file with the registrar a return in the specified form
Tax
Tax on profit
How this company type is taxed, which can differ from its place’s headline rate.
Varies · 20–29%
Companies are taxed on taxable income at 29%; a small company (as defined in section 2 of the Ordinance) at 20% (First Schedule, Part I, tax year 2026 onwards).
Quote
Small Company 20% Any other company .. 29%]
- CFC rules in Pakistan
- Not in our records
Close it
Closing it
The other end, which most guides leave out.
- Route
- Voluntary winding up: the company passes a special resolution to be wound up voluntarily (Companies Act 2017 s.347(b)), then liquidation; or, where the company has ceased to operate and has no known assets and liabilities, 'easy exit' by application to the registrar (s.426), who publishes a Gazette notice that the name will be struck off and the company dissolved after ninety days unless cause is shown. The registrar may also strike a defunct company off on his own motion (s.425).
Quote
A company which ceases to operate and has no known assets and liabilities, may apply to the registrar in the specified manner, seeking to strike its name off the register of companies on payment of such fee mentioned in the Seventh Schedule.
- Statutory fee
- PKR 5,000
Quote
easy exit of a company by striking its name off the register 5,000 10,000
Every business in Pakistan
VAT
- Standard rate
- Not in our recordsThe tax authority’s pages have not been read for Pakistan.
Payment and banking services
None of the services whose lists we hold names Pakistan. Each provider, and what a listing means.
Reference
Its name and code
- Kind
- Other legal formDerived our grouping, the same words in every country
- Name in law
- Unlimited Company (Unltd)
- ISO 20275 code
- LH0QSecondary GLEIF, Entity Legal Forms code list