Company Law & Lawyers in Pakistan

Commercial Law

Here you may find information about company law and lawyers in Pakistan. Our dedicated team of professional lawyers best assists their clients as to company law in Pakistan.

ZA-LLP has a strong and broadly based international commercial law practice. We have a team of lawyers who specialise in drafting, reviewing and negotiating commercial agreements. These range from strategic alliances to substantial one-off contracts (e.g. outsourcing, systems management and project development agreements) to repeat contracts and umbrella contracts with sub contractors and suppliers. The commercial law team has a particular focus on the way in which products and services are brought to market and promoted and has considerable expertise in the fields of marketing, advertising and sponsorship.


Our aim is to always to add value to our clients' businesses by assisting them to achieve their commercial objectives in the most practical way using our expertise and commercial awareness. We are particularly conscious of the need to protect and promote clients' legal interests effectively in the context of urgent and sensitive commercial situations. Our team is familiar with the range of specialist issues which can arise in day-to-day commercial dealings, such as competition law issues and the need to protect intellectual property rights. We work closely with other experts in the firm and are used to drawing together a number of specialist issues to provide the effective overall legal solutions which deliver the commercial objectives.

Our expertise in commercial law also gives our clients a significant advantage in more complex corporate transactions and de-mergers as, increasingly, there is a need for advice on strategic business contracts in the context of a corporate deal, for example to deal with transitional services issues or on-going supply arrangements. Specialist commercial law expertise combined with sectoral experience results in an in-depth understanding of the key business issues which need to be managed from a legal perspective which can be particularly helpful to private equity houses and investment banks.

The Commercial Law Counseling Group provides a complete range of commercial law services to ZA-LLPs' local, national and international clients. The Group handles a variety of complex transactions, including mergers, asset acquisitions and sales, joint ventures, leasing transactions and financing, bankruptcy related transactions, and business startups, as well as the preparation of contracts of all types. In addition, because companies law is often selected as the governing law for major national and international transactions, the Group works with both in-house and regular outside counsel in the structuring and documenting of such transactions and provides legal opinions required at closing.

Domains Associated With Commercial Law

Asset Management Companies

Management Companies

Regulation of Businesses

The firm that invests the pooled funds of retail investors in securities in line with the stated investment objectives.

Business Law

Business Law

Business and Commercial Services

Whether your business is small or large, we facilitate your company's continuing growth and expansion.

Business Tax Planning

Business Tax Planning

Tax Planning and Solutions

We recognize the anxiety when your tax verdict is unknown, you realise when you unnecessarily paid too much.

Commercial Law

Commercial Law

Commercial Law and Remedies

Our aim is to add value to our clients' businesses by assisting them to achieve their commercial objectives.

Contract Law and Enforcement

Contract Enforcement

Law of Contract and Enforcement

We focus on helping clients maintain their competitive positions, by advising them at every step in contracting process.

Corporate Governance

Corporate Governance

Governance and Deployment

Corporate governance refers broadly to the rules or processes by which businesses are regulated, and controlled.

Corporate Law

Corporate Law

Corporate Venture Capital

Our range of services will safely implement a variety of corporate law transactions in a cost-effective manner.

Due Diligence Services

Due Diligence Services

Investigative Due Diligence

From retrieval of information inclusive of directors standing to hidden assets of judgment debtors.

E-Commerce Law

E-Commerce Law

E-Commerce Law and Security

There are a number of E-commerce laws and guidelines to follow when operating in the E-commerce world.

Franchising Law

Franchising Law

Franchising Law and Contracts

We've gained expertise in helping companies use franchising as a means of exploiting market opportunities.

Insolvency Law

Insolvency Law

Insolvency Law and Remedies

Insolvency is the condition of a person who is insolvent; inability to pay or lack of means to pay one's debts.

Investment Law

Investment Law

Investment and Trade Law

The investors who want to make study for unforeseen problems may contact us on any project of their choice.

Joint Ventures

Joint Ventures

Joint Venture Law and Contracts

A Joint Venture is a legal organization that takes the form of a short term partnership for mutual profit.

Litigation

Litigation

Litigation and Remedies

Our Litigation Department recognises that business litigation has become increasingly more complex and expensive.

Mergers and Acquisitions

Mergers and Acquisitions

Mergers and Acquisitions

Merger is a tool used by companies for the purpose of expanding their operations for an increase in their profitability.

Offshore Business

Offshore Business

Offshore Setup and Planning

An Offshore Company does not conduct most of its business in the country where it is officially based.

Our Approach

When companies enter into relationships with lenders and other business partners, the terms of those agreements are critical and often complex. ZA-LLPs' Commercial Lending, Banking, Bond, Creditors' Rights and Bankruptcy Practice Group provides guidance that produces mutually beneficial relationships across the entire spectrum of commercial relationships.

Our Attorneys

We are a multi-disciplinary team with more than 20 attorneys which prides itself on achieving client goals on time and within budget.

Our Clients

Our clients include companies of all sizes in many industries and the institutions that finance their operations and growth, such as banks, finance companies and insurance companies. We also serve bond issuers and underwriters.

Our Practice

We represent nationally and locally prominent commercial banks, finance companies, insurance companies and other lenders, as well as borrowers in connection with all aspects of secured and unsecured financing arrangements of all sizes. Those arrangements include:

  • Company Formation

  • Company Negligence

  • Choice of Entity

  • Company Dissolution or Liquidation

  • Tax Advice

  • Commercial Collections

  • Drafting Contracts

  • Insurance Subrogation

  • Buy-Sell Agreements

  • Partnership Disputes

  • Shareholder Agreements

  • Contract Disputes

  • Employment Contracts

  • Purchase of Commercial Real Estate

  • Commercial Financing

  • Collection Matters

Table: Company Law Practice

DESCRIPTION

BRANCH OFFICE

LIAISON OFFICE

SCOPE OF ACTIVITIES

A branch office is set up by a foreign firm to execute the contracts awarded to it.

Activity will be restricted to the work mentioned in the agreement / contract signed.

Cannot indulge in commercial / trading activities.

Activity is restricted to the promotion of product(s), provision of technical advise and assistance, exploring the possibility of joint collaboration and export promotion (these activities are to be mentioned in the application)

Cannot undertake any commercial / trading activities.

MEETING EXPENSES

All expenses will be met out of funds transferred from abroad through normal banking channel and converted to local currency account or from the amounts received through execution of the agreement / contract.

All expenses will be met out of funds transferred from abroad through normal banking channel and converted to local currency account.

REMITTANCE FACILITY

Remittance of profits etc. is allowed subject to submission of information / documents as required in terms of Para 13 Chapter XIV of the Foreign Exchange Manual of SBP.

No remittance facility allowed.

HIRING OF FOREIGN NATIONALS

Employment of foreign nationals shall be made subject to the prior approval of the Government as per policy and in accordance with the policy of Pakistanisation.

Employment of foreign nationals shall be made subject to the prior approval of the Government as per policy and in accordance with the policy of Pakistanisation.

IMPORT AND EXPORT OF MACHINERY

Import / Export of machinery and equipment and its re-export shall be governed by the Import / Export policies of the Government.

Nil

REGISTRATION WITH SECP

Mandatory

Mandatory

FINALISATION OF CASE

6-8 weeks; however, 3 months provisional permission can be granted on the request of the Company.

6-8 weeks; however, 3 months provisional permission can be granted on the request of the Company.

PERIOD OF PERMISSION

3-5 years; renewable.

3-5 years; renewable.

DOCUMENTS REQUIRED

Six sets of the following documents are required:

  • Application Form;

  • Copy of Registration Certificate of the Foreign Company duly attested by Pakistan Mission;

  • Copy of Memorandum & Articles of Association;

  • Copy of Agreement / Contract in case of Branch Office;

  • Copy of Company's Profile; and

  • Copy of Resolution / Authority Letter of the Company to establish Branch Office in Pakistan.

Six sets of the following documents are required:

  • Application Form;

  • Copy of Registration Certificate of the Foreign Company duly attested by Pakistan Mission;

  • Copy of Memorandum & Articles of Association;

  • Copy of Company's Profile; and

  • Copy of Resolution / Authority Letter of the Company to establish Liaison Office in Pakistan.

RENEWAL

Following documents are required:

  • Copies of valclass Agreements / Contracts along with their duration;

  • Income Tax Returns (for the last 3 years);

  • Copy of latest Audited Accounts; and

  • Proceeds Realisation Certificates.

Following documents are required:

  • Activity Report;

  • Receipt & Payment Statement; and

  • Proceeds Realisation Certificates.

TAX TREATMENT

The corporate tax rate of 35% applies.

Nil

CHANGE OF ADDRESS / TELE ETC.

Has to be intimated to the Board of Investment and other concerned quarters.

Has to be intimated to the Board of Investment and other concerned quarters.

DOCUMENTS REQUIRED FOR CLOSURE

The following documents are required:

  • Request Letter for Closure;

  • Activity Report, Proceeds Realisation Certificates and Audited Accounts for the last permitted period;

  • Copies of Press Clippings regarding Closure; and

  • Confirmation from Tax Authorities that all assessments and dues are clear.

The following documents are required:

  • Request Letter for Closure;

  • Activity Report, Proceeds Realisation Certificates and Receipt & Payment Statement for the last permitted period;

  • Copies of Press Clippings regarding Closure; and

  • Confirmation from Tax Authorities that all dues are clear.

Table: Branch & Liaison Office Requirements

Our focus on strategic issues and our familiarity with various industries allows us to assist our clients in negotiating terms that protect them throughout the lending relationship.


Our Core Competencies

1

Collaborative Skillset

Collaborative lawyers trust the wisdom of the group; lone wolves and isolationists do not do any good anymore.

2

Emotional Intelligence

Distant, detached lawyers are relics of the 20th century, the market no longer wants a lawyer who is only half a person.

3

Technological Affinity

If you can not effectively and efficiently use e-communications, and mobile tech, you might as well just stay home.

4

Time Management

Virtually a substantial part of lawyers difficulties in this regard lie with their inability to prioritise their time.


What People Say About Us

  • Thank you for your support in this process and for your great hospitality. Your assistance has been of great importance. It was also important to see and experience the high quality of your services and your well known firm.

    Magnus Greko ~ Sweden
  • Thank you for your support in this process. Your assistance has been invaluable. We are looking forward to a long lasting working relationship with you. Also, thank you for hospitality during these past days.

    Lothar Geilen ~ Germany
  • Dear Atty. Iram Fatima: I would like to let you know that my wife came in USA last week. The U.S. Embassy Islamabad approved her visa petition in the lights of all the wonderful endeavors done by you and Mr. Birach. It was a long legal battle of about 7 years. I must say that your law firm is one of the best in the country and you are a highly professional advocate. Dr. Zafar should feel proud to have you in his crew. Finally, again I would say Thanks for all your legal services and I am your best reference.

    Zubair Mufti ~ Texas, USA
  • Dear Dr Zafar and Iram: Thank you very much for timely submission of the excellent opinion letter. It is very well drafted and covers the key points. We very much appreciate your excellent and timely work in preparing the legal opinion.

    Mrs. Iqbal Farrukh ~ San Francisco, USA
  • Dear Attorney Iram Fatima: Thanks so much for all of your kind efforts in this area and I must admit that your legal firm is the best in the country.

    Zubair Mufti ~ Texas, USA
  • The efficiency and effectiveness of your services are much appreciated.

    James Alexander Linton Williams ~ UK
  • Many thanks for this, and thank you for being so prompt. It is very appreciated.

    Alex Gilchrist ~ Somerset, UK
  • Thank you again for handling my case so well, I am honoured to be represented by you.

    Yolanda Slabbert ~ Port Elizabeth, South Africa
  • Thank you very much for your great attention to my case, I see that you're a very serious company and I'm happy that I've choose you.

    Sergio Lujan ~ Bogota, Colombia
  • I really appreciate the help and support provided by Zafar and Associates to our company. I don’t know what to say or how to thank you, but to tell the truth your services are really the best legal services we have ever received. You are truly a professional and effective law firm.

    Adnan Branbo ~ Dubai, UAE
  • Thank you very much for your contribution. We will review the information and incorporate it into the International Citation Manual of Washington University Global Studies Law Review. Your help is appreciated.

    Naomi Levin ~ Washington, USA
  • I wanted to let you know that i got the documents. And i wanted to thank you and the whole team who worked on my case. You all did a good job thanks again.

    Naima Ashraf ~ The Hague, Holland
  • Thank you very much for all the work you have done to ensure that the Death in Service benefit reaches the parents of the deceased. Are they expecting this money and do they understand where it is coming from? We appreciate your assistance and excellent work.

    Susan Bauer ~ London, UK
  • I have no words to express my gratitude to you. People like you are very rare and I have the priviledge to know one of those. May God shower all blessings on to you and your family. I am a small man with only prayers on my lips.

    Dr. Haridev Bhargava ~ Saratoga, USA
  • I must say your handling of this matter has been totally sterling and I shall not have any hesitation in recommending you and your firm to others.

    Rosina Ahmad ~ UK
  • Good morning, I received the documents back yesterday afternoon. Thank you so much for your quick response to the job. We really appreciate it. Looking forward to working with you in the further.

    Mrs. Jan Malcolm ~ Auckland, New Zealand
  • Thank you very much for the case. It is just brilliant! I am so grateful that you went out of your way to help me.”

    Loraine Bhan ~ Suva, Fiji
  • I do appreciate highly the sense of commitment your office wishes to dedicate to the follow up of our question for information. I have transmitted the contents of your email IMMEDIATELY to the contact, together with confirmation of the highest esteem we attribute to the quality of the services rendered by ZAFAR & ASSOCIATES.

    Paul Wouters ~ Istanbul, Turkey
  • Thank you very much for the information and good news. I know you’ve been working too hard and I appreciate every single minute working with you all. It’s an experience to be in the team of hardworking people and I am very proud to be included.

    Evangeline Williams ~ Paphos, Cyprus
  • I would like to thank you for your swift and excellent service that your office recently provided us. I would definitely forward your contact information to my friends and family in reference to seeking legal matters in Pakistan. I would also inform Sean Hogan and his associates to pass on your contact information to any clients that may need assistance in the matters of law in Pakistan.

    Zarar Khan ~ Miami, USA
  • We are greatly impressed with your firm and the professional calibre of the partners. If acceptable, we would like to keep your firm as a reference for future projects. Please let me know.

    Tanaz Pardiwala ~ Barcelona, Spain
  • We are happy to inform you that we have received the original succession certificate via DHL. I want to take this opportunity to thank you for your efforts, especially Dr. Zafar, who was kind enough to handle the security deposit at the court. With our best wishes and success for the New Year, to you and your esteemed team, we remain with.

    Mansur Asrar ~ Istanbul, Turkey
  • I am writing to convey to you how much I appreciate your prompt service! My mother called me today and informed me that 2 lawyers from your firm visited her. It is a pleasant surprise to know that such a law firm exists in our very own country. I would definitely recommend your firm to any friend who is in need of professional legal services in Pakistan.

    Naveed Ahmad ~ USA
  • I am truly very impressed with the follow up of your law firm. I never thought a Pakistani firm would be so aggressive and pro-active. Do you even happen to come to NYC? If so, then please look me up here when you visit next.

    Faisal Mumtaz ~ New York, USA
  • I want to thank you for all services you have rendered to us. I really appreciate it and hope on further cooperation.

    Petrov Andrey ~ Moscow, Russia
  • With God's help you have done a great thing for our family. Thank you so much for your diligence and expertise. We are truly grateful to God for all that is possible now. We also are looking forward to meeting you and your staff when we arrive in Pakistan next month. Please let us know if there is anything we can bring for you from the United States as a gift.

    Shaukat Minhas and Colleen Davidson ~ Dallas, USA
  • Your help in investigation case is well appreciated. My brother and I are ever grateful to you for obtaining the document. Thank you and god bless you and your practice team.

    Kevin Lessani - Dallas - USA
  • I greatly appreciate that your law firm is very careful in its preparation of petitions. In fact, the outcome of a legal fight greatly depends on how effectively a law firm has presented its case. If it fails to conceive in advance as to what it will have to face in defense, it can not prepare an effective petition. I admire that ZAFAR & ASSOCIATES - LLP are very careful in their initial step i.e. to prepare petition, around which the whole legal battle is fought.

    M. Iftikhar Sheikh ~ Dhahran, Kingdom of Saudi Arabia