| Entity Type | Best Suited For | Registration Authority | Typical Timeline |
| Sole Proprietorship | Individual professionals, small traders, freelancers, consultants | Excise and Taxation / relevant authority | 3 to 5 days |
| Registered Partnership Firm | Two or more partners in a business venture, family businesses | Registrar of Firms | 5 to 7 days |
| Private Limited Company (Pvt) Ltd. | Growing businesses, investor-backed ventures, businesses seeking bank financing | SECP (Securities and Exchange Commission of Pakistan) | 2 to 4 weeks |
| Public Limited Company | Large businesses, businesses planning future public offering | SECP | 4 to 6 weeks |
| SME (Registered) | Small and medium enterprises wanting formal business status for financing purposes | SMEDA / relevant authority | 1 to 2 weeks |
| Trust | Philanthropic, educational, or religious entities | Relevant provincial authority | 4 to 8 weeks |
| NGO / Non-Profit Organization | Development, social welfare, or charity organisations | Relevant provincial social welfare or relevant ministry | 4 to 10 weeks |
NOTE: Timelines shown are estimates under normal processing conditions. IKTAR provides a specific timeline estimate after reviewing the documentation requirements for each client’s specific entity type and location.
| Step | Activity | Description |
| 1 | Entity Type Selection | IKTAR advises on the most appropriate business structure based on the business type, ownership arrangements, financing plans, tax implications, and future growth plans. Getting this right avoids costly restructuring later. |
| 2 | Name Availability Check | IKTAR checks the availability of the proposed business name with the relevant registration authority before preparing documentation, avoiding rejected applications. |
| 3 | Documentation Preparation | All required forms, declarations, memoranda, articles, and supporting documents prepared correctly and completely. Errors in registration documents are the most common cause of delays and rejections. |
| 4 | Submission and Follow-Up | IKTAR submits the application to the relevant authority and follows up through to approval. Clients receive regular status updates. |
| 5 | Registration Certificate | The completed registration certificate and all supporting registration documents delivered to the client. |
| 6 | Post-Registration Support | NTN (National Tax Number) registration with FBR, provincial tax registration where applicable, bank account opening documentation, and guidance on the ongoing compliance obligations of the registered entity. |
FREE DIAGNOSTIC TOOL
Not Sure Where Your Business Needs the Most Attention?
IKTAR 360° Business Health Scan evaluates your organization across eight critical dimensions and produces a prioritised action plan in minutes. Used by business owners and managers across Pakistan as the starting point for every serious improvement effort.
What the 360 Audit Covers
Feasibility Studies
The natural next step after entity selection: a bank-ready feasibility report to support your financing application.
360 Business Health Audit
For businesses that are already operating and want a diagnostic before a major next step.
NGO Capacity Building
For newly registered NGOs and trusts that need institutional development support after formation.
Shafqat is well experienced trainer familiar with Competency Based Education and Training CBET & Quality Assurance QA / Quality Control QC of Training
TVET Consultant
I don’t hesitate in placing Shafqat Jilani among the best trainers in the country. He always explores modern approaches, creative skills, innovative ideas and relevant case studies. Any enterprise looking for training services in human development, strategic planning, development of selling & marketing skills, improvement in presentation skills, policy & strategy development, polishing decision-making skills, introduction of modern approaches etc. must opt IKTAR as a Trainer.
HBL
Mr. Shafqat is a thorough gentleman and a perfect professional who keeps his commitments and have all the potential to steer any organization to success. He is a Lead Trainer and Consultant and I for once trust him to deliver effective and mesmerizing trainings as well as innovative solutions. I would like to highly recommend him for training and consulting assignments.
SysComp International (Pvt.) Ltd
KTAR is very good training institute, as we experienced recently. We sent our team on Leadership training course to IKTAR and found a tremendous change in behavior of our team. IKTAR has been useful in bringing a Paradigm shift in their approach to handle things and now the same employees are very helpful towards other colleagues. I believe, IKTAR training modules makes employees from Followers to Leaders, who not only delivery their own KPIs but also help others to grow to achieve joint goals of the company.
Renacon Pharma
Shafqat Jilani is a a detailed oriented person. Hope his organization can take a lot a benefit from him. Good Luck
Pakistan Business Forum
I had the opportunity to work with Shafqat Jilani and found him to be a knowledgeable and dedicated business consultant. His practical advice, strategic thinking, and commitment to helping businesses grow make him a valuable professional. I appreciate his guidance and confidently recommend him to anyone seeking business transformation and growth expertise.
Power Lion Seed
I know Shafqat from his university days, he had a candid and persuasive personality from the early days. He had bold presentations with innovative and unique ideas complemented by his ability to put this on the paper as well. Teaching and passing on his knowledge to others has always been his passion and he has been doing this very well in his different roles at the present and previous assignments.
La Computa Vision LLC