SECP, NTN, and Sales Tax Registration Explained in Simple Terms

SECP registration in Pakistan is the essential first step when launching or formalizing your business. This comprehensive guide also walks you through the complete process of NTN registration and sales tax registration in Pakistan—all explained in clear, simple terms to help you get started with confidence.

🏛️ What is SECP and Why is SECP Registration in Pakistan Important?

The Securities and Exchange Commission of Pakistan (SECP) is the main regulatory body that oversees and registers companies. It ensures business transparency, consumer protection, and regulatory compliance.

SECP registration in Pakistan is the first legal step to give your business a corporate identity. Without it, you can’t open a business bank account, get financing, or work with the government or large organizations.

💡 Need help? Visit the official SECP website for updated regulations and forms.

📋 Step-by-Step SECP Registration in Pakistan

Here’s how you can register your company easily through SECP:

🧾 1. Name Reservation

Use SECP’s eServices portal to reserve a unique company name.

📄 2. Prepare Your Documents

• Memorandum & Articles of Association

• CNICs of Directors

• Proof of Address

💻 3. Submit Application Online

Submit your documents through the SECP eServices portal.

📜 4. Get Certificate of Incorporation

If approved, SECP will issue a digital certificate confirming your company’s legal registration.

💼 What is NTN and Why You Need NTN Registration in Pakistan

NTN (National Tax Number) is required for filing income tax, opening a business bank account, and participating in formal trade.

Every business in Pakistan must have an NTN registration, issued by the Federal Board of Revenue (FBR). It acts like a tax ID for your company.

🔐 NTN Registration Process – Step by Step

Register your NTN in Pakistan online using FBR’s IRIS portal:

1. Visit iris.fbr.gov.pk

2. Create an account

3. Fill in your personal/business info

4. Upload required documents

5. Submit for review

Once approved, your NTN certificate will be available in your IRIS account.

💳 Sales Tax Registration in Pakistan – Why and How

If you sell taxable goods or services, you’re required to register for sales tax with FBR.

✔️ Why Get Sales Tax Registered?

• It’s mandatory if your turnover exceeds PKR 10 million

• Allows you to claim input tax

• Required for issuing tax invoices

🧾 Sales Tax Registration Process

• Login to the FBR IRIS portal

• Select ‘Sales Tax Registration’

• Provide utility bills, rental agreement, and NTN

• Await verification

After approval, you’ll receive a Sales Tax Registration Number (STRN) and can file monthly returns.

⚖️ SECP, NTN, and Sales Tax – Key Differences

✅ Benefits of SECP, NTN, and Sales Tax Registration in Pakistan

1. 📈 Business Credibility

2. 🏦 Bank Account Opening

3. 🧾 Invoice Generation & Tax Filing

4. 🧑‍⚖️ Legal Protection

5. 💰 Eligibility for Loans & Contracts

❓ FAQs about SECP Registration in Pakistan

Q1: How long does SECP registration take?
Typically 3–5 working days if all documents are submitted correctly.

Q2: Can I register for NTN and sales tax myself?
Yes, FBR’s IRIS portal allows for self-registration, but professional help is always better.

Q3: Is sales tax mandatory for freelancers?
Not unless your earnings or services fall under taxable criteria.

📝 Final Thoughts

Setting up a legal business in Pakistan may seem daunting, but with simplified steps for SECP registration in Pakistan, NTN registration, and sales tax registration, you’re well-equipped to launch your business professionally.

By registering, you:

• Stay compliant

• Gain access to resources

• Build trust with clients and institutions

Need help with the registration process? Reach out to your legal or business advisor or visit the SECP and FBR websites for full details.