What are the types of companies in Pakistan?

There are various types of companies in Pakistan. The most common among these are:

1. Individual Company (Sole Proprietorship): It is a type of company operated by one person and where the owner assumes all responsibilities.

2. Partnership: It is a type of company established between at least two people and where the partners make decisions together. Profit sharing and responsibilities between partners are determined by the partnership agreement.

3. Limited Liability Company (LLC): It is a type of company established by at least two individuals or organizations and where the partners have limited liability. Partners are responsible for the company's debts only for the amount of capital they invested.

4. Joint Stock Company (Public Limited Company - PLC): It is a type of company that is open to the public and whose shares are traded on the stock exchange. The company's capital is provided by shares sold to the public.

5. Non-Profit Organization: These are non-profit organizations that are generally established to serve the society. Such organizations usually operate as foundations or associations. These are just some examples and more different types of companies can be found in Pakistan. The company formation process and requirements may vary depending on government laws, so it is important to check compliance with local laws when choosing a company type.



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