Articles of Organization Template for Pakistan

Articles of Organization form the foundational legal document you file with Pakistan's Securities and Exchange Commission (SECP) to officially create a Limited Liability Company (LLC). This document outlines your company's basic structure, including its name, registered address, and the names of initial members or directors.

Under Pakistani company law, your Articles of Organization must specify your business purpose, share capital details, and management framework. Once approved by SECP, this document serves as your LLC's "birth certificate" and grants your company its legal status, protecting member assets through limited liability while establishing clear operational guidelines.

File Articles of Organization when you're ready to establish a new LLC in Pakistan, ideally before conducting any business operations. This crucial step needs to happen during your company's formation phase, as operating without proper registration can lead to legal complications and personal liability for business debts.

The timing often aligns with securing initial funding, leasing business space, or hiring employees. Pakistani law requires submitting Articles of Organization to SECP before opening corporate bank accounts or entering into major contracts. Many entrepreneurs file these documents 2-3 months before their planned business launch to allow time for regulatory approval.

• LLC Certificate Of Organization: Standard format for single-member LLCs, featuring basic company details and simplified management structure.
• Multi Member LLC Articles Of Organization: Expanded version with detailed profit-sharing arrangements and management rights for multiple owners.
• Articles Of Incorporation Foundation: Specialized version for non-profit foundations, including charitable purposes and governance structure.
• Articles Of Dissolution Nonprofit: Termination-focused variant outlining the process for dissolving an organization and distributing assets.

• Business Founders: Primary initiators who draft and file Articles of Organization when establishing their LLC in Pakistan, defining ownership structure and management roles.
• Legal Counsel: Corporate lawyers who review and refine the document to ensure compliance with SECP regulations and protect client interests.
• Company Secretary: Maintains and updates the Articles as needed, ensuring ongoing compliance with Pakistani corporate law.
• SECP Officials: Review and approve the submitted Articles, maintaining regulatory oversight of company formation.
• Shareholders/Members: Bound by the provisions outlined in the Articles, including profit distribution and voting rights.

• Company Details: Gather proposed company name, registered office address, and business purpose statement approved by SECP guidelines.
• Ownership Structure: List all members/shareholders with their NIC numbers, shareholding percentages, and initial capital contributions.
• Management Framework: Define roles of directors, voting rights, and decision-making processes for major company matters.
• Capital Structure: Determine authorized share capital, types of shares, and par value per share.
• Compliance Check: Use our platform to generate a legally-sound document that meets SECP requirements while avoiding common drafting pitfalls.

• Company Identity: Legal name, registered office address, and business purpose compliant with SECP regulations.
• Capital Structure: Authorized share capital, types of shares, and initial paid-up capital details.
• Management Framework: Director appointments, voting procedures, and meeting requirements.
• Member Rights: Profit distribution, transfer restrictions, and exit provisions.
• Compliance Declarations: Statements confirming adherence to Pakistani Companies Act 2017.
• Execution Block: Designated spaces for member signatures, witnesses, and company seal.
• Amendment Process: Procedures for future modifications to the Articles.

Articles of Organization are often confused with Articles of Association in Pakistan's legal framework. While both documents are crucial for business formation, they serve distinct purposes and contain different elements.

• Primary Function: Articles of Organization establish the LLC's existence with SECP, while Articles of Association govern internal operations and member relationships.
• Timing and Filing: Articles of Organization must be filed first to create the company, whereas Articles of Association can be adopted after formation.
• Content Scope: Articles of Organization contain basic formation details like name and capital structure, while Articles of Association include detailed operational rules and procedures.
• Modification Process: Articles of Organization require SECP approval for changes, but Articles of Association can be amended through internal procedures with member approval.