Establishing a leasing company in Pakistan requires structured licensing as a Non-Banking Finance Company (NBFC) under the Securities and Exchange Commission of Pakistan (SECP). At Javid Law Associates, we provide end-to-end corporate legal services Pakistan to help you navigate the complex regulatory terrain of SECP company registration and NBFC licensing compliance.
Regulatory Framework & NBFC Rules
Leasing operations are governed by the NBFC Rules 2003 and NBFC Regulations 2008. Before commencing operations, a company must secure both incorporation and a formal license to operate from the SECP. This involves meeting strict equity thresholds, fit and proper criteria for directors, and robust internal control mechanisms.
| Phase | Key Deliverables | Timeline |
|---|---|---|
| Phase 1: Incorporation | Company registration Pakistan under SECP with specialized financial sector memorandum. | 15-20 Days |
| Phase 2: NBFC Licensing | Detailed application for NBFC License to Operate from the SECP Specialized Companies Division. | 45-60 Days |
| Phase 3: Tax Setup | Corporate NTN Registration Pakistan and provincial revenue board alignment. | 7 Days |
Why Choose Javid Law Associates?
Since 2004, our team of corporate attorneys has guided financial institutions through complex licensing processes. Operating from our offices in F-10 Markaz, Islamabad, and Bahawalpur, we ensure meticulous drafting of constitutional documents, strict compliance with SECP Fit and Proper Criteria, and seamless coordination with regulators to secure your operational license without unnecessary delays.
Ongoing Compliance & AML/CFT Framework
Post-licensing, leasing companies must adhere to strict reporting standards. This includes quarterly financial filings, Anti-Money Laundering (AML) and Countering Financing of Terrorism (CFT) guidelines under SECP regulations, and regular credit bureau integrations. We establish these corporate governance frameworks to mitigate legal risks and ensure continuous operational compliance.
Service heading
Establish a regulated leasing NBFC in Pakistan with SECP licensing, FBR tax compliance, and comprehensive corporate legal advisory.
Estimated duration
60-90 days
Price
Rs. 350,000
Requirements
- Evidence of Minimum Paid-up Capital (as specified by SECP)
- Clean Credit Information Bureau (CIB) reports for all promoters
- Three-year audited financial statements of corporate promoters (if applicable)
- FBR Tax Returns of Proposed Directors for the last three years
- Comprehensive 5-Year Business Plan and Feasibility Report
- Attested CNIC/Passport copies of proposed directors and sponsors
Key features
- SECP NBFC Incorporation Advisory
- Leasing License Application Drafting
- Fit & Proper Criteria Assessment for Directors
- FBR Corporate NTN Registration
- AML/CFT Compliance Framework Implementation
- Drafting Specialized Memorandum & Articles
- Representation before SECP Licensing Committee
About the Author
Written by the expert legal team at Javid Law Associates. Our team specializes in corporate law, tax compliance, and business registration services across Pakistan.