BUSINESS REGISTER

  1. What is Business Register (BR)?

Business Register (BR) is a comprehensive database containing all active businesses entities (establishments as well as enterprises) in the country together with their contact and classification information.

 

  1. What are uses of Business Register (BR)?

 

Business Register (BR)

  • support updates of survey frames
  • timely implement start-ups
  • Keep track of current business names
  • enable stratification for improved results
  • classify units (enterprises and establishments) in a uniform way enabling aggregation of results of different surveys
  • improve coverage and timeliness of the surveys
  • Provide useful information even without any survey.

 

  1. What are main variables of BR?

The following are the main variable for BR:

      • Name
      • Address
      • Kind of activity
      • Legal Status
      • Type of ownership
      • Employment size
      • Sales / Turnover
  1. What are sources of BR?
      •   Censuses surveys conducted by PBS
      •   Security Exchange Commission of Pakistan (SECP)
      •   Federal Board of Revenue (FBR)
      •   Pakistan Stock Exchange (PSX)
      •   K-Electric
      •   Directorates of Provincial Labour & Industries
      •   Distribution companies (DISCOs)
      •   EOBI
      •   Pakistan Engineering Board
      •   Pakistan Engineering Council
      •   NEPRA
      •   Industrial Zones across country.
      •   Associations
      •   Yellow pages

 

 

  1. What are the services provided by BR Section?:

 

  1. Incorporation of New Enterprises/Establishments or Variables:

Add new enterprises /establishments, along with their associated variables, to the BR database upon receiving data from relevant stakeholders.

  1. Sample Selection for Surveys:

Select samples for surveys conducted by the Pakistan Bureau of Statistics (PBS) or other national and international organizations.

  1. Conduction of Census/Surveys:

Conduct census and surveys of establishments across diverse fields as assigned by the PBS and other national and international organizations.

  1. Technical support

Providing technical support to other organizations related to conducting enterprises/establishments surveys

 

  1. Which industrial classification is used in BR?

The industrial classification used in BR is the Pakistan Standard Industrial Classification (PSIC) which is based on UN-ISIC rev.4.

 

 

  1. What is PSIC?

The Pakistan Standard Industrial Classification (PSIC) is the international reference classification of productive activities. Its main purpose is to provide a set of activity categories that can be utilized for the collection and reporting of statistics according to such activities. Wide use of PSIC in Business Register (BR) is classifying data according to kind of economic activity, such as for statistics on national accounts, demography of enterprises, employment and others.

 

  1. What is principal activity?

The principal activity of an economic entity is the activity that contributes most to the value added.

 

 

  1. Which company declared as privately owned company?

It includes companies/enterprises/firms under private ownerships. It also includes private and public limited companies.

 

  1. What means by an establishment?

An establishment is an economic unit under single ownership or control, viz: under a single legal entity, which produces goods or services. It is generally a single physical location and is engaged in one or predominantly one type of economic activity. It is possible that the head office or headquarter of this establishment is at a different location.

  1. What is Individual ownership/sole proprietorship?

 

An Individual ownership/sole proprietorship is a business owned and operated by one individual natural person. A natural person is a real human being, as opposed to an artificial legal entity such as a corporation or organization that the law treats for some purposes as if it were a person distinct from its members or owner(s). Sole proprietorships and simple partnerships companies are the only entities with unlimited liability. Every partner/owner is fully responsible for all obligations

  1. What is partnership?

 

A partnership company allows two or more people to share profits and liabilities, with or without privately held shares. In a partnership, the parties could be individuals, corporations, trusts, other partnerships, or a combination of all of the above. The essential characteristic of this partnership is the unlimited liability of every partner.

 

 

  1. What is Private Limited Company?

Company that is incorporated with limited liability as private company at SECP and its shares may not be offered to the general public, unlike those of a public limited company. It also includes single member companies.

 

  1. What is Public Limited Company?

Public listed company means that it shares are traded on stock markets i.e. Pakistan Stock Exchange (PSX). It may include public listed and Public un-listed companies.

 

  1. Which company is declared as Foreign controlled enterprise?

A company which is incorporated or formed outside Pakistan which has established its place of business within Pakistan is called a Foreign Company /Foreign controlled enterprise.

 

  1. How is a privately owned company classified in the Business Register (BR)?

Privately owned companies in the BR encompass both private and public limited companies.

 

 

  1. What information does the Business Register (BR) typically include?

 

The Business Register (BR) generally includes essential details about economic units, such as their name, address, type of activity, turnover, employment figures, and other relevant information.

 

  1. Why is a Business Register (BR) necessary for an economic statistics program?

 

A Business Register (BR) is crucial as it serves as a survey frame, providing a comprehensive, non-duplicative, and up-to-date list of operating entities. It ensures accurate data collection and integration for economic statistics.

 

  1. What is the primary purpose of the Business Register (BR)?

 

The primary purpose of the Business Register (BR) is to manage a database containing basic information about business entities, ensuring comprehensive coverage, data accuracy, and support for economic statistics programs.

 

  1. What features should a survey frame, like the Business Register (BR), possess?

 

A survey frame, such as the Business Register (BR), should be kept current, ensure comprehensive and non-duplicative coverage of the observed population (business entities), and provide means for data integration.

  1. Why is it essential for the Business Register (BR) to have comprehensive and unduplicated coverage of operating entities?

 

Comprehensive and unduplicated coverage of operating entities is crucial to meet the requirement of having a comprehensive and accurate list of businesses engaged in the production of goods and services.

 

  1. How does the Business Register (BR) contribute to data integration in an economic statistics program?

 

The Business Register (BR) facilitates data integration by providing a structured and comprehensive list of businesses, ensuring that economic units are represented accurately and non-redundantly in the dataset.

  1. Is the Business Register (BR) used exclusively for economic statistics purposes?

 

While its primary purpose is to support economic statistics programs, the Business Register (BR) can also be a valuable resource for various other purposes, including government planning, market research, and policy development.

 

  1. How often is the Business Register (BR) updated to keep information current?

 

The Business Register (BR) is typically updated regularly to ensure that the information about business entities remains current and reflects any changes in their operational status or details.

 

  1. How does the BR Section contribute to maintaining the quality of survey samples?

The BR Section’s involvement in sample selection ensures that survey samples are diverse, representative, and aligned with the objectives of the conducted surveys.

  1. How does the Business Register (BR) enhance the accuracy of economic statistics?

The Business Register (BR) contributes to accurate economic statistics by providing a reliable and comprehensive list of businesses, minimizing duplications and ensuring that all relevant entities are accounted for.

 

 

  1. How can I access the Business Register (BR)?

 

Access to the Business Register (BR) is available to only to govt. and private originations as per their request for sample selection and conducting complete survey by PBS.

  1. What types of surveys does the BR Section conduct?

 

The BR Section conducts census and surveys of establishments across various fields, as assigned by the PBS and other national and international organizations.

 

  1. How often are census and surveys conducted by the BR Section?

 

The frequency of census and surveys depends on assignments received from the PBS and other organizations, and it may vary based on the scope and objectives of each survey

 

  1. What kind of technical support does the BR Section provide?

 

Technical support from the BR Section may include assistance in designing surveys, data collection methodologies, and other aspects related to enterprises and establishments surveys.

 

  1. Can organizations outside the PBS request technical support from the BR Section?

Yes, organizations outside the PBS can request technical support from the BR Section for surveys related to enterprises and establishments.

 

  1. Can I download list from the Business Register (BR) for analysis?

BR can share the aggregated data at district level/provincial and national level for manufacturing sector however, PBS has limitation to share the establishment list with any user due to identification confidentiality clause of PBS act.

  1. Do PBS charge a fee for services of the Business Register (BR)?

PBS do charge service fee for sample design and conducting complete survey for national and international organizations keeping in view scope of the survey.

  1. Can BR register a business, firm or company?

Business Register (BR) in not registration authority to register a business, firm or company.

  1. Which is registration authority of companies in Pakistan?

The registration authority of companies of private and public limited companies in Pakistan is Securities and Exchange of Pakistan (SECP)

 

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