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Home Knowledge Base Business

Business

How to Setup business in Pakistan

Learn how to run and manage a Business; focussed for startups. Education for Entrepreneurs. We will cover here the basics of

– Company registration in Pakistan for locals and foreign residents
– Setup webshop
– Business plan
– Lean startup methodology

and more

WooCommerce vs Shopify – And available Payment plugins in Pakistan

By Clarity PK
in :  Business
woocommerce-shopify-pakistan
1 Feb 2021

Woocommerce vs Shopify. Payment plugins in Pakistan


Is SEO necessary for ranking a website on Google?

By Clarity PK
in :  Business
1 Jan 2021

In this article, I would like to speculate on the topic of search engine optimization of websites and blogs. It is certainly worth spending your precious time on SEO for your website at all or the SEO services in Lahore you hire for getting your website on the top of search engines. If you are a beginner and highly familiar with …


Online NTN registration process. Complete instructions for both personal or business [Picture guide]

By Faizan Bin Asif
in :  Business
online-ntn-registration-process-business-personal-fbr-pakistan
22 Oct 2020

What is NTN? Before knowing the process of NTN, it is very important to know some important information about it. NTN means National Tax Number which is issued by Federal Board of Revenue (FBR) in Pakistan. NTN is required when you want to fulfil obligation of federal tax matters for example filing of Income Tax Return. Once you will be …


Domain name registration process and its caveats – for Pakistani Entrepreneurs

By Clarity PK
in :  Business
15 Sep 2020

For any online business, the first step towards creating business identity is registering a domain name. And, when you make up your mind to do that, an unprecedented number of obstacles and dubious questions start to appear. Lucky for you, we will try to make this process smooth by discussing those obstacles with their solutions. Below are the list of …


Latest: How to register a company (limited) in Pakistan?

By Clarity PK
in :  Business
register-company-in-pakistan-2020
18 Jun 2020

The step by step procedure is available to follow if you want to register a limited company in Pakistan. Applicable for both National and Foreigner


Trademark vs. Business Registration

By Faizan Bin Asif
in :  Business
27 Jun 2019

New business startups seems to get quite confused between business registration and trademark that what should a person register. To understand the difference between the two, here is my take: Business registration is compulsory and legal / statutory requirement by government to run the business or commercial / economic activity while trademark is not necessary to acquire. In simple words, …


FAQs on Tax Amnesty Scheme 2019 for General Public, Residents, and Non-Resident Pakistanis

By Clarity PK
in :  Business
23 Jun 2019

(Credits: Ashfaq Tola) The Federal Government had promulgated Assets Declaration Ordinance, 2019 (“Ordinance”) on 15th May 2019, to provide for voluntary declaration of undisclosed assets, sales and expenditure. The Ordinance has been promulgated to allow the non-documented economy’s inclusion in the taxation system and to serve the purpose of economic revival and growth by encouraging a tax compliant economy. We …


Top Strategies To Drive Sales On This Black Friday and Cyber Monday

By Hunia Yousuf
in :  Business
12 Nov 2018

Black Friday, the day after Thanksgiving when apparently, “Americans trample over each other for sales, after being thankful for what they already have.” This huge sale day has been on the rise all over the world for quite some time. According to NRF, the yearly retail sales occurring between Black Friday and Christmas are around 30%. An interesting fact is …


Types of Business Registrations in Pakistan – All you need to know

By Clarity PK
in :  Business
15 Sep 2018

Whichever business registration requirements you have, here you can find all the important questions that you need answers for. Happy reading. (Note: This is compiled by our legal expert partner, drop us an email for any change or update if seems incorrect) Other relevant resources How to register a company in Pakistan online? How to register a company in Pakistan manually/offline? How to …


Business Tax in Pakistan – Annual Tax Payable [Updated]

By Clarity PK
in :  Business
4 Sep 2018

Sole trader / Proprietor or Business Individual The business individual is taxed for the profits only unless turnover exceed 10 million rupees. In case exceed 10 million rupees, 1.25% of total turnover is payable. Form of Taxation: Slab rates are applied. Tax Return Filing: For this type, filing of annual income tax returns is a requirement. Partnership Firm The partnership …


Subscription business model – A stable revenue stream

By Hunia Yousuf
in :  Business
4 Jun 2018

When you hear the word ‘subscription’, what comes to your mind? Unlimited access to your favorite things. Right? These favorite things of yours can be anything. As an example, there are about two thousand subscription based businesses that just cater to clients’ distinct and multiple tastes from all over the world. From your favorite comic books to e-news portals, Spotify …


5 Big Mistakes Entrepreneurs Make

By Leenah Nasir
in :  Business
10 May 2018

Of the most familiar statistics in the entrepreneurial world the big ones are about failure. According to the data: 90 percent of the start-ups fail 75 percent of venture-backed start-ups fail Behind these failures lie one major agent: mistakes. Sometimes its a few massive mistakes, and at others an aggregate of various small ones, that ultimately cause the collapse of …


Do you need a Venture Capitalist or an Angel Investor for your startup?

By Hunia Yousuf
in :  Business
7 May 2018

When starting a new business or startup, what most of the entrepreneurs face problems with in the early stages is how to attract capital. If you are worried about financing your startup to safely kick off, there are many ways. You can either convince a loaded friend (or two) to invest in your business or start with some crowd-funding. However, …


Guide for setting up your Shopify store

By Hadi Masood
in :  Business
20 Mar 2018

In the last post about Shopify, we discussed the basics of Shopify, and how can it help you reach out to your customers without any coding knowledge. This post will take you through the basics and help you get your first e-Store set up and running without having to write a single line of code. Kickstart with a signup To have a solid footing …


Are you setting up an online store? Find how Shopify can help you out

By Hadi Masood
in :  Business
17 Feb 2018

Venturing into the e-Commerce territory can be a daunting task, especially if you don’t have any technical expertise. While some may struggle breaking into the market, others can be found struggling to reach their targeted demographics. So, if you are looking to set up shop online, but similar concerns are keeping you from realizing your dream, then you can make …


How to register a company in Pakistan – foreign director or branch/liaison office?

By Clarity PK
in :  Business
4 Oct 2017

[Updated] Its often the case when Pakistani origin people living abroad or sometimes even the foreign companies, want to explore the business opportunities in Pakistan. When they come here, they usually have no clue how to setup a company, especially when there is an element present of non-local company in Pakistan, and eventually they lose time and resources finding answers and hiring professional …


How to register a company in Pakistan – the beginners guide

By Clarity PK
in :  Business
10 Jul 2017

[Updated] According to Companies Ordinance Act, 1984, there are three types of companies in Pakistan which can be registered: Private Limited Company – Two or more persons are required. Named as XYZ (Pvt.) Limited Public Company – Three or more persons are required. Named as XYZ Limited Single Member Company (SMC) – Only one person is required but he has to appoint …


How to register a company in Pakistan manually/offline?

By Clarity PK
in :  Business
10 Jul 2017

[Updated] The tried and tested way of Company registration is the offline (manually) way. Its usually carried out by professionals of the field and is preferred for big companies and those with lots of dependencies, foreign investments, etc. otherwise for a regular startup, an online procedure is still a good option. ETA for manually registring of company Normal way: 1-2 weeks Fast Track: 2-4 …


How to register a company in Pakistan online?

By Clarity PK
in :  Business
10 Jul 2017

[Updated] In recent times, SECP, has started providing e-services which includes online company registration and some affiliated services as well, like company name lookup and availability. The process is getting brisk every day and according to our research, ETA for online registration of companies is Normal Way: 3 days Fast Track Registration Services (FRTS): under 1 day However Companies involving …


How to construct an effective business plan?

By Myra Abbasi
in :  Business
14 Jun 2017

What is a business plan? A business plan is a detailed document that covers all possible aspects of our business like products, pricing, marketing plans, revenue projections, competition and other details. This document is in other words a guide for business execution. Why do you need a Business Plan ? You need business plan : To be clear in your …


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