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    Business Registration 01

    Association of Persons Partnership Firm

    A partnership is a type of business entity in which partners (owners) share with each other the profits or losses of the business. Partnerships are often favored over corporations for taxation purposes, as the partnership structure does not generally incur a tax on profits (usually referred to as Dividend Tax) before it is distributed to the partners i.e. there is no dividend tax levied. However, depending on the partnership structure and the jurisdiction in which it operates, owners of a partnership may be exposed to greater personal liability than they would as shareholders of a company.

    Sometimes companies also form partnerships. Two or more companies can form a legal partnership in Pakistan to achieve common objectives through the alignment of resources in pursuit of long-term goals. Such partnering can be used as an alternative to traditional mergers and acquisitions. Like most countries in the world, the First step for expansion for sole proprietors and sometimes the first step for businesses is the formation of a partnership in Pakistan. Partnerships may have small to medium-sized business setups.

    Partnerships are normally formed where there is a desire to have some structural flexibility along with some formality of relationship between partners. A partnership may be registered with the Registrar of Firms in an area where the office of the firm is situated or proposed to be situated. If you have made up your mind and are thinking of forming/registering a partnership as this seems the only plausible option, then look no further for professional advice, contact Spectrum Consulting and Integrated Services and we will do all the paperwork for you. Services include:

    • Registration of Partnership Name
    • Drafting Partnership Deed/Agreement
    • Legal Opinions And Litigation Support.
    • Bookkeeping Services
    • Tax Planning And Tax Advisory
    Standard Package
    Partnership Firm Registration
    Form C from registrar of firm
    Partnership deed
    Stamp papers
    Tax SOPs (enabling business to operate according to tax laws)
    NTN of Partnership Firm
    Assistance in Bank Account Opening
    Sales Tax Registration Number (FBR or PRA)

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      Premium Package
      Partnership Firm Registration
      Form C from registrar of firm
      Partnership deed
      Stamp papers
      Tax SOPs (enabling business to operate according to tax laws)
      NTN of Partnership Firm
      Assistance in Bank Account opening
      Sales Tax Registration Number (FBR or PRA)

      Get Free Consultation!

      We are ready to answer right now! Sign up for a free consultation.

        I consent to the processing of personal data and agree with the user agreement and privacy policy.

        Get Free Consultation!

        We are ready to answer right now! Sign up for a free consultation.

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        I consent to the processing of personal data and agree with the user agreement and privacy policy.