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A Private Limited Company

The document discusses different types of legal entities in Pakistan including private limited companies, single member companies, public limited companies, companies limited by shares, and unlimited companies. It provides an overview table comparing the minimum number of shareholders, minimum capital requirements, and standard time for incorporation for private limited companies, single member companies, and public listed and unlisted companies. It also defines incorporation as the legal process used to form a corporate entity or company and explains that it creates a legal separation between the corporation's assets and income from its owners and investors.

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103 views2 pages

A Private Limited Company

The document discusses different types of legal entities in Pakistan including private limited companies, single member companies, public limited companies, companies limited by shares, and unlimited companies. It provides an overview table comparing the minimum number of shareholders, minimum capital requirements, and standard time for incorporation for private limited companies, single member companies, and public listed and unlisted companies. It also defines incorporation as the legal process used to form a corporate entity or company and explains that it creates a legal separation between the corporation's assets and income from its owners and investors.

Uploaded by

SyedAunAbbas
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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 A private limited company.

 A single member company.
 A public limited company.
 A company limited by shares.
 A company limited by guarantee.
 An unlimited company.

Overview of Legal Entities in Pakistan


Minimum
Type of Minimum No. of Standard Time of
Capital
Entity Shareholders Incorporation
Requirement

Private
PKR 100,000
Limited 2
6 weeks
Company
(~USD 823)

PKR 100,000
Single Member
1 4 weeks
Company
(~USD 823)
Public Listed 200 million
Company 3 6 weeks

(Listed) (~USD 1.6M)

Public Listed 3 PKR 100,000 6 weeks


Company

(Unlisted)
(~USD 823)

What Is Incorporation?
Incorporation is the legal process used to form a corporate entity or company.
A corporation is the resulting legal entity that separates the firm's assets and
income from its owners and investors. Corporations can be created in nearly all
countries in the world and are usually identified as such by the use of terms such
as "Inc." or "Limited (Ltd.)" in their names. It is the process of legally declaring a
corporate entity as separate from its owners.

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