So you want to start a business with little experience and capital? Think Again. There are many important things that you need to know before investing your money. You have to make a clear business plan and set your goals. You need to do some market research and find the opportunities.
Starting a business in Pakistan is a challenging task. One thing you need the understand first that Without “Chai Pani” doing business is impossible. You can’t even register your company or get a sales Tax Number without it.
For those who don’t know about me, I’m Ali R. Khan, 25, recently graduated, Trying to establish exporting business in Karachi. I want to share some experience and process of exporting with those of you who are thinking to start export related business.
Scenario:
Ok, You have decided that you want to export something from Pakistan and you are looking for buyers and you got few inquiries and one of them is very serious but you are not sure about Documentation and whole process of exports. What Would you Do? Here is the step by step guide on How to start a business:
1- Register Your Company
You have to register your company for exporting anything from Pakistan. It can a Firm, Private Limited or any other form but main thing is it should be registered and have some membership with related trade organization in your industry. you can do this on yourself or hire a corporate lawyer to do this for you. I suggest that you take the services of corporate lawyer because it’s not an easy task in Pakistan. There is so much paper work.
Useful Links:
SECP For Registration of company in Pakistan
2- Get NTN and Sale Tax Number
You can’t receive Payment and you can’t get Custom clearance if you dont have National Tax Number and Sales Tax Number. Though it seems very complicated to have all these numbers in the beginning of your business but they are mandatory to get your shipment cleared.
FBR Get Sales Tax and NTN online Pakistan
3- Payment Issues
Open a bank account for your newly registered company. Your client may transfer payment to your company account or you may go for L/C payment. Don’t worry if you dont know about L/C because your bank account manager will guide you along the way if you have account in good bank (SC is good).
If you are receiving payment through Bank Transfer, you need E-Form from your bank for the custom clearance and sales tax. That’s why I suggest you that Sales Tax number and NTN numbers are very important.
4- Customs and Shipping
WOW, this part looks very technical but believe me it’s not. you don’t have to meet with any custom guy if your freight forwarder is reliable and experienced. You don’t have to visit port or shipping line if your shipping agent is professional. Choose your partners carefully after a detailed meeting.
So Now, If you are wondering What is “Chi Pani” It’s Local Term for Bribe. There is a famous quote:
” World Moves on Chai Pani”
and yes it’s my own.
See you soon with more topics and Information on Business Start-ups.
For all the Documentation and Consultation about Setting up your Company and Registration, You may Contact us at 0321 5943781
And Never Give up. Never Ever Give up.
Ehsan ur Rehman
12 Feb 2016Valid guide lines in a simple and pleasant manner.
aamir
15 Apr 2016sir, can i have ur conatct number??
Ali R. Khan
3 Oct 2016Its Mentioned on Contact Page
zeeshan wajid
24 Apr 2016thanks http://alirkhan.com/author/alirkhan123/ it’s helpfull step’s
hatib
4 May 2016nice and helpful information… thnx a lot
Muhammad Ammad Nazir
24 Jun 2016Great Bro Best wishes for you i appreciate your Explanation
salman
20 Aug 2016simple and good experience
M. Kamran
15 Feb 2016Good… Now One thing…. Is it necassary to have membership of trade organization to start export or only SECP registrataion will e enough? Second Is it possible that I can export something which I am importing from some other country…. I mean I will not bring it to Pakistan rather will instruct my supplier (suppose in China) to directly ship it to destination country (suppose UAE).
What will be the process. I reckon all the taxes can be deducted in Pakkistan once amount will be transferred by client to company account (as you mentioned).
davood
19 Feb 2016very simple language and brief guide to start export business ……..jazak ALLAH
Afraz Ahmed
20 Feb 2016Very nice I have to start some thing . I like this
Munawar Khan
23 Feb 2016Thanks
You wrote a nice article
Shams
27 Feb 2016A valuable information for a novice. Can u share bit more details.
bilawal abbasi
29 Feb 2016very helpfull…thanks
Altaf
29 Feb 2016Where to look for buyers to export
Ali R. Khan
3 Oct 2016A Good Website and Online Marketing
BILAL AHMED
1 Apr 2016Is it necessary to registered by SECP?
ramzanmeo
2 Apr 2016valuable guidelines for starting a export business;
but one thing yet in PAKISTAN , there are many departments and peoples setting in them who do their duties without any “CHAI PANI”.
Ali R. Khan
3 Oct 2016But They are Lazy and People Dont have time to waste as Time is Money. 🙂
IFTIKHAR AMED
4 Apr 2016I read your guide line. It is informative but not in detail. I suggest you write more about this topic.
faisal
7 Apr 2016Its mean a true muslim can never do this export business…because giving bribe means taking hell fire in return
Waqar Ali
8 Apr 2016very nice writeup. What is the initial cost brother?
Ali R. Khan
3 Oct 201640-50K
Fahad
11 Apr 2016Very well explained precisely, can you also add an article how to find potential importers/buyers of different countries from Pakistan.
Thanks
Fahad
Ali R. Khan
3 Oct 2016Just Published this: http://alirkhan.com/how-to-get-buyers-to-your-new-export-business-in-pakistan/
BILAL KHAN
14 Apr 2016Can you tell about the international market. Registering a company is easy, but finding authentic and reliable international buyers is difficult. There must be a place in Pakistan where a company can post all its products for export purposes. Can you help me with that.
Babur
25 Apr 2016Respected Ali,
I read your topic about exporting procedure, for those who are new and starting with small capital.
Regards.
Babur Mughal
Babur
25 Apr 2016Respected Ali,
I read your topic about exporting procedure, for those who are new and starting with small capital.
It’s very helpful guidance.
Regards.
Babur Mughal
faheem,
27 Apr 2016will very will but we need to know about how much investment are requair in this impot and export busniss
zeeshan khan
29 Apr 2016thanks for this imp info thanks alot
Bilal
21 May 2016I just read on fbr website that one need gst number who is importer, whole seller, distributor, service provider and retail.. If we are doing just export business so do we still need gst number?
Ali R. Khan
3 Oct 2016Yes.
Tanvir Dilshad
27 May 2016God bless you Ali, you give me the golden guide lines for my carrier, Thanks a lot brother.
javed Saleem
6 Jun 2016I want to Start Export business (garments-Tank Tops) I need guidance in this regard. I have Company’s NTN and KCCI member ship but I have no experience
Khuram Tabassom
7 Jun 2016hello brother! i need some detailed guideline from u about export.
azeem jimmy
10 Jun 2016AOA, Nice information, so you get your own licence? i am a MBA student quite young to start a business, will you please guide me , how much finance is required to establish a firm and get the licence at minimum level…..
suman choudhary
12 Jun 2016i am student of fcs part 2 pre engineering. and its reallt too helpful. couple of days ago i was very confused wether i am on the right track cuz i did’t know anything about exports now it seems to be easy. 🙂
Saif
13 Jun 2016Dear my campniy have just trademark registration. And hv ntn number . Can I export my product?
Ali R. Khan
3 Oct 2016You need Sales Tax Numbers, Band Account on Company Name and Chamber Registration Certificate.
moaaz hassaan
16 Jun 2016how 2 get a client related to export?
Ali R. Khan
3 Oct 2016You need to have a great Website to get Leads and Customers.
Yadar
18 Jun 2016Thank dear good information
Sheraz
18 Jun 2016Hi there, if. I get registered , for example, Punjab enterprise pvt limited , am I applicable to export anything ? Or there is any criteria about the export of specific products ?
Ali
18 Jun 2016excellent and precise.
allah yar chishti
24 Jun 2016sir we want to starat impret and expret buisness
Moez
25 Jun 2016I would love to see a follow up guide. Where you can detail basics like finding suppliers, some examples of great shippers in Karachi, and how to find places to sell your product abroad.
Thanks again for the great guide!
Ali R. Khan
3 Oct 2016Yes Sure. Will do.
Mustafa
27 Jun 2016Appreciate….
Mubashir Koreja
27 Jun 2016Thanks what is SC ?
Owais
11 Jul 2016Thanks for the Help man. Appreciate it.
Aamir Talpur
13 Jul 2016Which trade organisation will be good for rice exporters ?
Saqib
14 Jul 2016very helpful guide line but i want to ask something ,,
where we find buyers or orders etc
Ali R. Khan
3 Oct 2016We Find Buyers and get orders through Online Marketing.
Mukee
2 Aug 2016Thank you Ali!!!
It is very helpful
kashif Ali
6 Aug 2016can i export my own product without custom agent firms
Ali R. Khan
3 Oct 2016No.
hasnain ilyas
15 Aug 2016Sir ,I’m working in Saudi Arabia ,rafha
I want to know how to import tobacco products from Pakistan .is it possible ,kindly guide me a little .
Did the custom allow,s us to export tobacco.
akbar ali
18 Aug 2016thank you sir, for the best suggest and unwanted suggestion. God bless you
M Riaz Uddin
23 Aug 2016I wasnt expecting anything at all when i googled and here i landed on this page … precise guide to getting started exports biz .. thank you so much.. plz enlighten us with more of your research and knowlegde
Thanks
Muhammad Waleed
23 Aug 2016dear Ali i read your whole message and its sounds good dear i am from Multan and i want to do export business kindly give me your contact number i want to discuss some thing about it.. 03135789992… this is my contact number
Danish Khan
25 Aug 2016is sales tax mandatory for export? I heard it was important if you want to file for rebate on salestax
Ali R. Khan
3 Oct 2016Yes Sales Tax number is Mandatory.
Waqas Baig
26 Aug 2016Thank brother. .it’s really useful information.
Amir Hamza
27 Aug 2016Well,in a simple way how you provide a guideline we want to get more guideline for new business please provide us way to access you.
Ahsan Naeem
30 Aug 2016Plz give me info about export in detail. Plz
Faseeh Ur Rehman Butt
30 Aug 2016Ali R Khan Sahab!
I have done all the 3 steps mentioned above, but I want some more detailed guidelines about Step no. 4.
irfan
2 Sep 2016I required buyers interested in fabric.
habib-ur-rehman arif
5 Sep 2016Salam mein bhi karwana chahta hun export. kisi exporter ka contact number hai so please provide to me…
shafi
13 Sep 2016very informative. thanks
Ghazi
15 Sep 2016Dear Ali its a important information you share.
I am Leather technologist and have good buyer from USA and export through my friends company account he tacks 2 % commission on total invoice value.
Please guide me how i can export my self as i have no any experience of export.
AWAIS ALI
19 Sep 2016Good guidelines…Thankx Ali R.Khan
jay zee
29 Sep 2016wishing u best of luck in ur newly established business (which is not that new at the time im posting these comments tho 🙂 )
please tell us few reliable agents clearing/forwarding
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Ibrar Ahmad
8 Oct 2016I want to start Export Business, I have a source of almost 1500 different surgical Instruments, more than 1000 of Sports products and more 150 different export quality garments products. But the only thing i dont have is the way to start export business. The main problem for me is: how to reach target customer in foreign countries.
Malik Saifullah
11 Oct 2016A useful article brother! I have all the needs what you mentioned but having no experience of export . And please mention the most popolur export goods .
SALEEM FAISAL
15 Nov 2016DEAR ALI R KHAN…
I AM VERY THANK FULL TO YOU AND FROM YOU KIND GUIDE LINE AND TOO MUCH INFORMATION WHICH VERY HELP US.
THANKS…..
SALEEM FAISAL