Document background
The Incorporation Agreement is a crucial document used when establishing a new company in Pakistan, serving as the foundational contract between founding shareholders and the company itself. This agreement is particularly important as it must comply with the Companies Act 2017 and SECP regulations while setting out the essential terms of company formation, including share capital, management structure, and shareholder rights. The document is typically prepared during the pre-incorporation phase and forms part of the company registration process with the SECP. It should address key aspects such as share transfer restrictions, voting rights, board composition, and dispute resolution mechanisms, all within the context of Pakistani corporate law requirements. The Incorporation Agreement also serves as a reference point for future corporate governance and shareholder relationships throughout the company's lifecycle.
