Service Introduction
Business registration gives a business an appropriate legal and tax structure for operating in Pakistan.
A business may operate as a sole proprietorship, partnership firm, Single Member Company or Private Limited Company. Each structure has different registration, ownership and compliance requirements. Companies are incorporated through SECP, while sole proprietors generally register for tax purposes through FBR. Partnership registration is handled through the relevant provincial Registrar of Firms.
TaxCare Solution assists clients in selecting the appropriate structure and preparing the required registration documents.
Who Needs This Service?
- New entrepreneurs and startups
- Sole proprietors
- Partnership businesses
- Freelancers and consultants
- Shop owners and traders
- E-commerce sellers
- Manufacturers and service providers
- Software houses and IT businesses
- Businesses adding new partners or owners
- Businesses converting into a company
Required Documents
For Sole Proprietorship
- Owner’s CNIC
- Mobile number and email address
- Business name and activity
- Residential and business address
- Business bank account information
- Ownership or tenancy evidence of business premises
- Recent utility bill, where applicable
For Partnership Firm
- CNICs of all partners
- Proposed firm name and address
- Partnership deed
- Partners’ contact details
- Ownership and profit-sharing details
- Business premises evidence
- Authorization documents, where required
For Company Registration
- CNICs or passports of proposed directors and shareholders
- Proposed company names
- Registered office address
- Principal business activity
- Directors’ and shareholders’ contact details
- Shareholding information
- Incorporation documents and declarations
Company name reservation and incorporation are processed through SECP’s eZfile system under the applicable company regulations. Additional tax, provincial, local or sector-specific documents may be required depending on the business activity and location.
Frequently Asked Questions
Which business structure should I choose?
The suitable structure depends on the number of owners, liability, investment plans, business size and future compliance requirements.
Is a sole proprietorship registered with SECP?
No. A sole proprietorship is not an SECP-incorporated company. The owner generally completes relevant FBR, provincial, local and sector-specific registrations.
Can one person register a company?
Yes. One person may form a Single Member Company subject to SECP requirements.
How many people are required for a partnership?
A partnership generally involves two or more persons carrying on a lawful business under an agreed partnership arrangement.
Is company registration the same as NTN registration?
No. Company incorporation and FBR tax registration are separate legal processes, although relevant systems may exchange registration information.
Does business registration protect the business name as a trademark?
No. Business or company registration does not provide the same protection as trademark registration.
Are additional licences required after registration?
They may be required depending on the business activity, location and relevant industry regulator.
Can TaxCare Solution assist with the complete registration?
Yes. TaxCare Solution can assist with structure selection, document preparation and registration with the relevant authority.