Conversion of SMC to Pvt

To convert a Single Member Company (SMC-Private) to a Private Limited Company in Pakistan, you must submit specific forms and supporting documents to the Securities and Exchange Commission of Pakistan (SECP).
Core Required Documents
Special Resolution: A certified copy of the resolution passed to change the company status.
Amended Memorandum of Association (MOA): Updated to reflect the new multi-member structure and objects.
Amended Articles of Association (AOA): Updated to remove SMC-specific clauses and add standard private company regulations.
Affidavit: A notarized affidavit on a Rs. 100 stamp paper from the Chief Executive verifying the facts of the conversion application.
Bank Challan: Original proof of payment for the conversion and filing fees.
Statutory Forms to FileForm 26: The primary form for filing the Special Resolution, typically submitted within 15 days of the meeting.
Form 29: Used to notify the SECP of the appointment of at least one additional director.
Form 3 (or Form S1): Filed if there is an allotment or transfer of shares to the new member(s).
Form 2 (Application for Conversion): The formal application for changing the legal status of the entity.
Additional Requirements
CNIC Copies: Scanned copies of the CNICs or passports of all newly appointed directors and shareholders.
NOCs: Original "No Objection Certificates" (NOCs) from relevant authorities if the company is in a specialized/licensed business, or from registered creditors/charge holders if applicable