Regulatory Framework and Licensing
Javid Law Associates provides comprehensive legal and corporate services for businesses seeking to operate as Electronic Money Institutions (EMIs) in Pakistan. Navigating the State Bank of Pakistan (SBP) regulatory framework requires precise documentation and adherence to AML/CFT standards. We guide you through the entire process from initial incorporation as a Private Limited company with the SECP to the final in-principle and commercial licensing phases.
Why Choose Javid Law Associates
Since 2004, our firm has been a trusted partner for corporate matters. We specialize in complex licensing, ensuring your business meets the rigorous capital requirements and technical standards mandated by SBP. Whether you are a local startup or an international entity, our expertise in corporate law ensures your path to market entry is compliant and efficient.
| Licensing Phase | Key Objective |
|---|---|
| Phase I: Incorporation | SECP registration and capital structuring |
| Phase II: In-Principle | Documentation of policies and SBP filing |
| Phase III: Commercial | System audit and operational readiness |
Operational Excellence
Our advisory team ensures that your corporate governance, risk management frameworks, and internal controls align with international standards. We assist with FBR tax registration and other regulatory filings, ensuring your EMI setup remains in good standing across all jurisdictions.
- Full SECP company registration support
- Strategic planning for SBP licensing milestones
- Drafting of robust AML/CFT and compliance policies
- Coordination with FBR for tax-compliant operations
- Ongoing support for corporate matters and regulatory reporting
Service heading
Expert regulatory support for SBP-compliant EMI licensing and fintech operations in Pakistan.
Estimated duration
180-270 days
Price
Rs. 50,000
Requirements
- Certified copies of Memorandum and Articles of Association
- Minimum capital requirement proof per SBP guidelines
- Detailed business plan and financial projections
- KYC/AML policy documentation for financial operations
- Technical and cybersecurity system architecture plan
Key features
- SECP company registration and corporate structuring
- Comprehensive SBP license application development
- Development of AML/CFT compliance manuals
- Risk management framework and governance consulting
- Liaison with regulators and audit readiness support
- FBR and tax registration for fintech entities
About the Author
Written by the expert legal team at Javid Law Associates. Our team specializes in corporate law, tax compliance, and business registration services across Pakistan.