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Abdul Azeem
LLB (Hons) LLM
Business and Corporate Lawyers in Pakistan
Business and Corporate Lawyers in Pakistan can help you Start up your business. Running a business, in such a competitive country where 90%+ of the population work for SME organizations, it’s always handy to be in touch with us, the best Corporate Lawyers and Business Legal Services in Pakistan. Our Business Lawyers in Pakistan are well-versed in corporate law, taxes, and the handling of the day-to-day activities of budding and running businesses of all sizes. We at 24Justice.pk have your every need covered, every step of the way, whether you are an Entrepreneurial Proprietor or a large Multi National Company.
Technology-Driven Innovation
24Justice.pk embraces technology as a powerful tool to streamline legal processes and enhance client experience. Our AI-powered platform (24justice.com) is Pakistan’s first Legal AI site and provides instant legal AI-generated legal knowledge, saving you valuable time and resources. This innovative approach makes legal services more accessible and affordable, empowering businesses of all sizes to thrive. At the heart of 24Justice.pk’s philosophy lies a deep commitment to client satisfaction. They understand that legal matters can be stressful, and they go the extra mile to provide compassionate support and clear communication throughout the process. This dedication to building trust and lasting relationships sets them apart from the competition.
Legal Services for Businesses that are Start up’s
For Start-Ups our Corporate Lawyers in Pakistan offer different packages, which are both cost-effective and Supportive:-
- NTN/STN Registration Assistance
- Tax Filer Registration
- Partnership Firm / Company Formation (In Pakistan and Dubai)
- Chamber Formation
- Setting up a Business for Overseas Pakistani
- Trademark and Patent Applications
- Employment and HR Handling
- Contract Formations
Existing and Running Business Legal Services
Our Corporate Lawyers in Pakistan can also assist you with the following:-
- Registering a Foreign Branch office in Pakistan
- Copyright licensing and enforcement
- NOC’s and Licensing
- Contract / Stamp Paper Drafting and Execution
- Representation and Handling of all types of Business Litigation
- Prosecution and Defense of Business and Intellectual Property Suits
- Intellectual Property Registration and Brand Protection
- Urgent Stay Orders and Injunctions in Pakistan
- Arbitration and Corporate Dispute Resolution
- Sale, Purchase, and Transfer of Property / Assets in Pakistan
- Excise and Customs Matters in Pakistan
- Debt Recovery
- Legal Management of Business Matters in Pakistan
Our Business and Corporate Lawyers understand the Day to day-to-day challenges businesses face to stay ahead of the competition and to keep up with the pace of Innovation and Excellence.
Setting Up Your Business in Pakistan
Launching a business in Pakistan is an exciting adventure, filled with immense potential and unique challenges. Here is a summary of the entire setup process, empowering you to make informed decisions and turn your entrepreneurial vision into reality.
Step 1: Choose Your Business Structure:
- Sole Proprietorship: Simple and low-cost, ideal for small businesses. You are personally liable for all debts and losses.
- Partnership: Two or more individuals share ownership and profits/losses. Register with the Securities and Exchange Commission of Pakistan (SECP).
- Limited Liability Company (LLC): Separate legal entity from its owners who enjoy limited liability. Registration with SECP is required.
- Private Limited Company (PLC): More complex structure suitable for larger businesses. Minimum of two shareholders and one director. Requires SECP registration.
- Single Member Company (SMC): One-person PLC offering limited liability. A relatively new option with simplified procedures.
Step 2: Register Your Business:
- Register your chosen structure with SECP online or through designated offices.
- Obtain a National Tax Number (NTN) from the Federal Board of Revenue (FBR).
- Register with relevant provincial and local authorities for specific licenses and permits.
Key Documents:
- Memorandum of Association outlining company objectives and share capital.
- Articles of Association defining internal management rules.
- Director/shareholder identification documents.
- Bank deposit receipt for paid-up capital (if applicable).
Step 3: Open a Business Bank Account:
- Choose a bank offering corporate accounts and online banking for convenient transactions.
- Provide necessary documents like NTN certificate, business registration certificate, and company resolution authorizing account opening.
Step 4: Mandatory Registrations:
- Sales Tax Registration Number (STRN): Required if annual turnover exceeds Rs. 3 million. Register with FBR.
- Social Security Contributions: Register with Employees’ Old-Age Benefits Institution (EOBI) and Social Security Scheme (SESSI) if you have employees.
- Labor Department Registration: Register with the Labour Department for employee welfare and compliance.
Technical Tips:
- Utilize SECP’s online eService portal for efficient company registration and filing.
- Consider incorporating legal and accounting professionals for complex structures or unfamiliar regulations.
- Utilize online platforms like Multiplier and Invest.gov.pk for resources and support.
Additional Steps:
- Develop a comprehensive business plan outlining your vision, strategies, and financial projections.
- Secure funding through personal savings, loans, or investments.
- Establish a strong brand identity and marketing strategy.
- Build a reliable network of suppliers, partners, and potential customers.
For Businesses Operating in Pakistan:
- Compliance and Regulatory Support: Stay compliant with intricate legal frameworks governing taxation, labor, intellectual property, environmental regulations, and more. We navigate complex licensing and registration processes, ensuring smooth operations and mitigating legal risks.
- Dispute Resolution and Litigation: Effectively resolve commercial disputes through negotiation, mediation, arbitration, or litigation, protecting your interests and maximizing value. We provide strategic counsel and expert representation in courts and alternative dispute resolution forums.
- Corporate Governance and Restructuring: Ensure sound corporate governance practices and implement effective restructuring strategies, optimizing internal structures for growth and resilience. We advise on board governance, shareholder agreements, joint ventures, and mergers and acquisitions.
- Employment Law and HR Compliance: Navigate the intricacies of Pakistan’s labor laws, managing employee relations, drafting contracts, and ensuring compliance with social security contributions and workplace safety regulations. We help you build a sustainable and productive workforce.
For Businesses Operating Abroad with Activities in Pakistan:
- Market Entry and Investment Strategies: Tailor your market entry strategy for maximum impact, advising on optimal structures, joint ventures, foreign direct investment regulations, and tax implications. We help you navigate cultural considerations and build strong local partnerships.
- Dispute Resolution in Cross-border Transactions: Navigate complex legal landscapes for seamless cross-border business dealings. We handle international arbitration, conflict of laws issues, and enforcement of foreign judgments, resolving disputes efficiently and protecting your interests.
- Intellectual Property Protection: Secure and defend your intellectual property rights in Pakistan, advising on registration, enforcement strategies, and licensing agreements. We help you safeguard your brands, trademarks, and copyrights in the local market.
- Compliance with International Sanctions and Regulations: Ensure compliance with international sanctions, anti-money laundering, and trade control regulations governing cross-border transactions. We mitigate legal risks and ensure smooth business operations.
For Pakistani Businesses Expanding Abroad:
- International Market Entry and Legal Frameworks: Develop effective strategies for entering international markets, advising on legal and regulatory requirements, tax implications, and cultural considerations. We help you identify suitable jurisdictions, establish legal entities, and build strategic partnerships.
- Compliance with International Trade and Investment Laws: Navigate the complexities of international trade and investment laws, helping you comply with export controls, customs regulations, and intellectual property laws in your target markets.
- International Dispute Resolution and Arbitration: Resolve international disputes efficiently and effectively through negotiation, mediation, or arbitration, leveraging our expertise in international arbitration courts and protocols.
- Cross-border Mergers and Acquisitions: Structure and execute cross-border mergers and acquisitions, advising on due diligence, negotiation, regulatory approvals, and tax implications. We help you achieve your strategic goals while managing legal risks.
Beyond Legal Expertise:
We go beyond legal service providers, acting as your trusted advisor and business partner in Pakistan. We offer:
- In-depth knowledge of the local market: Our extensive network and deep understanding of the Pakistani business landscape ensure we provide practical and effective solutions tailored to your needs.
- Seamless international collaboration: Our global network of partner firms allows us to offer seamless legal support across jurisdictions, wherever your business takes you.
- Proactive and responsive communication: We prioritize clear and consistent communication, keeping you informed and empowered throughout every legal process.
We Help You Solve Your Legal Issues
At 24Justice, we believe that everyone deserves access to justice, and we are committed to making that belief a reality. Choose 24Justice, and take the first step towards navigating your legal journey with confidence and ease.