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How to register a software company in Pakistan?Software Company Registration in Pakistan Within 03 Days

Register a Software Company

Software companies are businesses that develop, design, and sell software products or provide software-related services. They develope a wide range of softwares, such as mobile apps, computer programs, web applications, etc. Software companies often specialize in specific industries or technologies, like healthcare, finance, or artificial intelligence.  Our experienced corporate lawyers assist your for software company registration in Pakistan, also navigate the legal landscape and proactively advise on unique legal issues faced by the software houses.

Services We Offer

Software Company Incorporation: We will register your software house as a private limited company with the Securities and Exchange Commission of Pakistan (SECP) or as sole proprietor with FBR or as a registered partnership firm with the Registrar of Firms.

FBR Registration: We provide services to the software companies with regard to their tax and financial statement filing. You don’t need to hire multiple legal service providers, rather we provide all services under one roof.

Registration with PSEB: If your software company has been incorporated, you need to get it registered with the Pakistan Software Export Board that will provide protection and benefits to your company.

Registration with PTA: Software companies using VPNs are required to whitelist the IPs from the Pakistan Telecommunication Authority.

Membership with P@sha : Pakistan Software Houses Association for IT and ITeS acts as the voice of the software industry that aims to provide recognition to software and service applications that have been developed in Pakistan, by providing companies with an opportunity to gain local, regional and international exposure through ongoing promotional activities.

Chamber of Commerce Registration: For business recognition and to gain the trust of your clients, registration with the Chamber of Commerce would be a better option. As it will extend multiple industrial benefits to your company.

Trademark Registration: We provide trademark registration services to protect your brands and business. Our team of trademark lawyers has decades of combined experience and a proven track record of successful trademark registrations of the software brands.

Software Copyright: We advise clients on best practices to protect these assets through agreements and licensing, as well as copyrights, patents, and other legal steps. We also assist software companies in obtaining copyright registration and protection for creative works.

Software Contracts: Being an experienced technology law firm we provide technology contracts drafting services i.e. Developer’s Agreement, Source Code Escrow Agreement, End User License Agreement, Service Level Agreement, Cloud Services Agreement etc.

Data Protection: We are here to help you navigate the complex landscape of compliance. From the moment a new data protection law is suggested in Pakistan through compliance programmes to privacy disputes and litigation and in case of enforcement actions by authorities, we can help.

Legal Issues of Software Companies

Discussing legal issues raised by software development is much less common. But legal issues for software developers can be quite complex—and often must be addressed during each stage of the software development process. If you or your company develop software, it’s important to understand the legal issues you may face and work with a trusted lawyer to address them before they become an issue. The technology lawyers in our law firm have substantial experience advising technology companies and can provide advice at each stage of your software company’s development.

Common legal issues faced by software companies include:

  • Business registration, capital, and financing strategies;
  • Tax and wealth statement disputes;
  • Ownership and registration of intellectual property in software and other technology;
  • Enforcement of copyrights and other intellectual property rights against infringers;
  • Employment and independent contractor agreements;
  • Licensing agreements including end user license agreements (EULAs);
  • Software development agreements;
  • Strategy to protect and monetize intellectual property rights; and
  • Defense of third-party infringement claims.

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How to register a software company in Pakistan?

Process of Software Company Registration

In Pakistan, the process of registering a software company involves a few steps. You will require to choose a unique name for your company and check its availability. Then, you’ll need to prepare the required documents, such as the company’s memorandum and articles of association. Next, you’ll need to submit these documents to the Securities and Exchange Commission of Pakistan (SECP) along with the necessary fees. Once your application is approved, you’ll receive a certificate of incorporation, and your software company will be officially registered with the SECP. However, we have explained a step by step process of software company registration in Pakistan which is as follows;

  • Step 1
  • Step 2
  • Step 3
  • Step 4
  • Step 5
  • Step 6
  • Step 7
  • Step 8

Company Name Reservation

First step is a selection of a unique and appropriate name for your software house and then its reservation at the online portal of SECP. There are few restrictions and prohibitions for choosing name so make sure it complies with the guidelines provided by the SECP.

Memorandum and Articles of Association

Second step is the preparation of the Memorandum of Association (MOA) and Articles of Association (AOA) for your company. Memorandum of Association is a primary documents of the company that confirms certain details such as name of a company, object and scope, registered office address of company, capital and authorized share amount and details of shareholders. Whereas, Articles of Association is a document that prescribe the rules about the company structure and management of the company, it is also considered as a constitution of the company.

Filing Application in SECP

Once the documents are prepared then it comes to the preparation of Form-II under Companies (Incorporation) Regulation of 2017 to be filed alongwith certain details and required documents. This form can be filed through online as well as manually, depending upon the circumstance and nature of company. However, if filed online then it requires obtaining a digital signature.

Payment of Fees

After submission of all the documents alongwith Form-II, you need to pay the registration fees online through the SECP’s portal or by any other means. The fee depends on the authorized share capital and type of a company. After depositing fee, transaction receipt is also required to be submitted in the office of Company Registrar.

Issuance of Incorporation Certificate

A Company Registrar Office of SECP will review the application and annexed documents. If there comes any objection or missing details, then the same would be returned and if everything is complied with, a certificate of incorporation and a registration number will be issued.

Registration in FBR & NTN Certificate

After incorporation of a software company, the same is also to be registered in the Federal Board of Revenue and a National Tax Number (NTN) is to be issued on the name of a company because company is a legal person that is subject to payment of income tax, sales tax, and any other applicable taxes with the Federal Board of Revenue (FBR).

Opening a Bank Account

Once you have the certificate of incorporation and NTN Certificate, you can open a business bank account in the name of your software house. After opening an account, the bank will issue an Account Maintenance Certificate. Opening a bank account is mandatory as authorized capital amount is to be deposited and all the financial transactions of the company shall be done through business bank account.

Registration with PSEB

Govt. of Pakistan promotes software companies for mandatory registration with the Pakistan Software Export Board (PSEB) to monitor IT remittances from abroad. This confirms that software companies provide the best quality services as per international standards implemented through PSEB. Software companies in Pakistan are developing softwares, games and developing applications for smartphones. PSEB’s role is to promote the Pakistan I.T industry in local and international markets in human capital development, research and development, strategy building, innovation and BoP services such as telemarketing, medical transcription, and technology enhancement.

Documents Required for Software Company Registration

To register a software company in Pakistan, following documents are required to be submitted;

  • Name Reservation Certificate: Prior to a company registration, company name is required to be reserved by filing an application. After reservation of company name, SECP’s Name Reservation Department shall issue a Certificate.
  • Memorandum of Association (MOA): This document outlines the company’s name, objectives, office address, shareholders, share details etc.
  • Articles of Association (AOA): The Articles of Association specifies the internal regulations and governance of the company.
  • Proof of Address: If the business address is rented premises, then a lease agreement but if it is a self-owned property then proof of ownership.
  • Form-II: This is an application form that contains basic information about the company, such as the name, registered address, and details of directors and shareholders, number of shares, contact information etc.
  • Form 21: It includes the consent of the directors to act as directors of the company.
  • Form 29: This form provides details of the registered office address of the company.
  • Copy of CNIC or Passport: You will need to provide copies of the national identity card or passport of the directors and shareholders.
  • Digital Signature: Each director must have a digital signature issued by the National Institutional Facilitation Technologies (NIFT).
  • Bank Challan: The payment receipt for the registration fee needs to be submitted along with the application.

Technical Challenges faced by Software Companies

Software companies face various challenges in their operations. Some common challenges include:

  • Rapid Technological Advancements: The fast pace of technological advancements requires software companies to constantly adapt and stay updated with the latest trends and technologies. This can be challenging as it requires continuous learning and investment in research and development.
  • Market Competition: The software industry is highly competitive, with many companies contesting for customers and market share. This competition can make it challenging for software companies to differentiate themselves and attract customers.
  • Talent Acquisition and Retention: Finding and retaining skilled software developers and engineers can be a challenge. The demand for tech talent is high, and companies often compete for the same pool of skilled professionals.
  • Changing Customer Needs: Customer needs and preferences are constantly evolving. Software companies need to stay agile and responsive to meet these changing demands, which can be challenging.
  • Security and Privacy Concerns: With the increasing reliance on software and digital platforms, security and privacy have become significant concerns. Software companies must invest in robust security measures to protect user data and ensure the integrity of their products.
  • Cost Management: Developing and maintaining software can be expensive. Software companies need to carefully manage costs while ensuring the quality and functionality of their products.

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What is The Case Lawyer?

The Case Lawyer is a full-service law firm that is being driven by the expert lawyers of multiple domains such as Family & Personal Laws, Property & Revenue Laws, Financial Law, Corporate and Tax Laws, Information Technology Laws, International Laws, Offshore Business Laws, and obviously Immigration Laws of different countries.

The Case Lawyer is popular among the overseas community due to its transparent mechanism as well as cost-efficiency. Firm’s majority clients are non-resident Pakistanis which are satisfy with the legal services provided by the firm and definitely dispute resolution for overseas Pakistanis.

  • Customized Support
  • Virtual Legal Support
  • Easy Access
  • Transparency
  • Communication
  • Fee Structure

Our Customized Support for Expatriates

We have customized legal and litigation support for overseas Pakistanis as no other law firm in Pakistan is able to offer customized legal support. We have break down the entire process as follows;

  1. Initial Legal Consultancy
  2. Case Analysis
  3. Plan of Action & Invoice
  4. Preparation and Filing of Lawsuit
  5. Representation and Submission of Evidence
  6. Results

Convenience of Our Virtual Legal Support

We are virtually available 24/7 for your live legal support where you can discuss your concerns with our expert lawyers of multiple domains. You need to call on our business number and confirm appointment which is free of cost for initial consultation for 15 minutes but due to shortage of time and number of queries you need to pay 5000/- for subsequent consultation for next 30 minutes discussion with our lawyer.

Accessing Legal Services from Abroad

We are serving our expatriates Pakistanis who are residing everywhere in the world from Australia, New Zealand, United Kingdom, Europe, United States, Canada, KSA, UAE, Qatar, Turkey, and other countries. We have redressed the grievance of hundreds of overseas clients who are satisfied with our extra-ordinary services and prompt responses.

Transparency in Legal Services

Transparency in legal services for overseas Pakistanis is core concern which also is our main consideration. As most of the overseas Pakistani while residing abroad do not know what proceedings are being conducted in the court by their lawyers in Pakistan and this causes lack of trust and mis-information. We keep our overseas clients up to date regarding their case and clients are being informed through electronic mail and WhatsApp. We also share with them court orders which able them to understand what proceedings are being conducted by our lawyers.

Honest Communication with Overseas Clients

We prefer reputation over money and this aspect makes us well reputed organization. Our communication with the clients is privileged in accordance with the legal ethics so we you must believe that we provide you an honest solution and our conversation with you is protected.

Transparent Fee Structure for Legal Services

We prepare invoice after case analysis which clearly reflects documentation & filing expenses including court fee, lawyer’s professional fee, clerical expenses and other miscellaneous expenses which may incur time to time. This mechanism eliminates hidden cost which protects our client’s monetary concerns.

Furthermore, for convenience of Pakistani Expats we also have an option of installment plans but this varies upon case to case.

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