EMPLOYEES PROVIDENT FUND REGISTRATION
PROVIDENT FUND LAW & LAWYERS IN PAKISTAN
Provident fund is a retirement scheme aim at the welfare of the employees. It’s an investment fund contribution by both employees and employers, which presents a lump-sum payment at retirement to the employees.
Provident Fund is founded as a Trust by the Establishment after registration from the concerning Sub-Registrar, to act as an autonomous body.
How Should Provident Fund Trust Deed and Rules Consist of:
The trust gathers the capital from employees and employers every month and invests in legitimate securities and projects.
The employer builds the Provident Funds as a final and binding Trust, named after the company’s name, followed by the “Employees Provident Fund” quad-gram. The trust administers by three to five trustees whose names write on Trust Deed and sign on a Stamp Paper.
