Workshop on "Business formalization for young startups"

Workshop on Business formalization for young startups

A workshop titled "Business Formalization for young startups" was organized at IBA AMAN CED on 14th March, 2018 in collaboration with "Shell Tameer".

The workshop began with the recitation of Holy Quran and an introduction to IBA AMAN CED. It was followed by an overview of Shell Tameer by Mr. Imran Azeem Manager Training & Development Shell Tameer.

Workshop on Business formalization for young startups
The first session was conducted by Barrister Altaf Qureshi. He is Chief Executive Officer of Wukla (Pvt.) Limited and Paksign (Pvt.) Limited. He spoke about the legal challenges faced by young startups like Compliance, Business structures, Agreements, contracts etc. Later on he answered the queries regarding legal matters of young startups.
Workshop on Business formalization for young startups
The second session of workshop was conducted by Mr. Feroz Ahmed. He is Manager Legal & Training at Small and Medium Enterprises Development Authority (SMEDA) Sindh region. He spoke about the Functional mechanism, advantages and disadvantages of different forms of Business structures like Sole proprietorship, Partnership and Company. Also, he talked about the legal framework necessary for startups and how startups can formalize their businesses.

The incubatees of IBA AMAN CED listened to the facilitators passionately and discussed the legal issues relating to their businesses. Furthermore, they asked about different queries like Trademark, Intellectual property, Copyright etc. A working tea and Lunch was also served to the participants.
Workshop on Business formalization for young startups
IBA - Leadership & Ideas for Tomorrow