What is NTN (National Tax Number)

NTN stands for National Tax Number. A company or an association of persons is assigned an NTN (Registration Number) upon e-enrolling on the FBR Iris portal. For individuals, the 13-digit Computerized National Identity Card (CNIC) number will be used as the NTN or Registration Number.

NTN FOR SALARIED INDIVIDUALS:

• Copy of a valid CNIC
• Copy of recently paid utility
• Latest pay slip
• Contact Number and a valid Email address
• National Tax Number (NTN) of Employer, Office Address, and a valid Email address

What is Company/NTN Registration?

Even the business owner requires an NTN or registration number. The sole proprietor's identity in the country is their income tax registration number, as they are not registered with any other regulatory or registration authority. Moreover, their NTN is also used to open a bank account. Get the best NTN services for your business from Protax Consultancy. We will help you to register, verify, and even cancel your business NTN number in Pakistan. Help your business get all-in-one and comprehensive NTN registration, NTN verification, NTN modification, and NTN cancellation services.

Who Should Apply for Company / NTN Registration?

A company, individual, or association of persons (AOP) that requires registration with the FBR can apply for registration.

NTN FOR BUSINESS:

• Copy of a valid CNIC.

• Copy of recently paid utility bill of business location.

• Blank Business Letter Head.

• Property papers or Rental Agreement (Rental Agreement printed on Rs. 200/- stamp paper).

• Contact Numbers and a valid Email address.

• Nature of Business.

Procedure of Company / NTN registration:

You can easily register your company in Pakistan for an NTN with the FBR using the online e-registration procedure on the FBR website. If you are not able to do your NTN registration on your own, you can contact the NTN Registration company in Pakistan, Protax Consultancy, to get your NTN registration certification for your company and business in Karachi, Islamabad, Lahore, or any city in Pakistan. We make the procedure smooth and hassle-free. We also provide services to change your company name on the NTN certificate. Not only this, but we also offer NTN cancellation services if you are selling or closing your business. So, what are you waiting for?

At Protax Consultancy, you can also get help from our legal experts to get your brand registered in Pakistan. No matter if you are opening a restaurant, a coffee shop, or any digital agency. We can offer you our services and help you register a single-member company (SMC), a private limited company (PVT), and a public limited company in Pakistan under the Companies Ordinance, 1984. You will receive consultation from our legal experts, who have experience in all matters related to the FBR, IPOs, and the SECP.

Benefits of Company / NTN Registration in Pakistan:

Once the individual or business is registered, the holder enjoys the following benefits:

• NTN registration gives strength to the business

• The NTN holder can become a member of many renowned clubs and get many advantages from that

• The NTN holder and income tax Payer can get many advantages from the Government for their business and individuals too

• The NTN holder can become a member of the Chamber of Commerce and Industry and avail themselves of the benefits of the Chamber of Commerce and Industry.

• The NTN holder can make contracts and assignments with foreign companies and firms, and can get agencies and a foreign company liaison office.

• The NTN holder is preferred for a visa for abroad.

There are several legal and financial advantages to registering your company in Pakistan. The government deems you a sole proprietor whenever you start making money from your local company. That means you run the business under your own name and file business taxes on your personal tax return; from a legal perspective, you and the company are treated as a single legal entity, which may not be in your best interests.

Why Company Registration in Pakistan Is Recommended?

• Legally registering your business or company fortifies your brand and gives legitimacy to your business: When you register your business, it becomes much easier for potential clients to acknowledge you as a legal organization.

• Company registration creates a separate financial entity for your company: Your individual and commercial finances will be considered separately after your company is incorporated. This means that unless you have personally guaranteed the debts, your personal assets cannot be seized to satisfy corporate debts, and you cannot be held liable for the debts.

• Registration of your company in Pakistan can increase chances for business and funding: You must have an official business registration to qualify for a business loan. Because once you ask for investment in a registered business, investors are more likely to take you seriously.

• Company Registration grounds you in the company and keeps you focused: Having a formal company will motivate you to devote your efforts and time to it. You may be proud of being a business owner; it’s no longer just a concept or a leisure activity.

• Registering a Company protects you from personal liability since your company is now a separate legal entity as a registered company. This ensures that any constitutional matters remain separate from your personal life.

At Protax Consultancy, you can also get your trademark registered without any hassles, whether you are in Karachi, Islamabad, Lahore, Multan, or any other city in Pakistan. Contact our representative, and he will guide you through the whole process.

Frequently Asked Questions (FAQs)

What exactly is an NTN for a company, and how is it different from a personal NTN?

The National Tax Number (NTN) is a unique identification number issued by the Federal Board of Revenue (FBR) to taxpayers. While individuals use their CNIC as the basis for their tax profile, companies get a separate, distinct 8-digit NTN (formatted as xxxxxxx-x) for their business operations. This number is linked to the business entity itself, not the owner personally, and is used for filing corporate tax returns and managing business-related tax matters.

Does my company automatically get an NTN after SECP registration?

Yes, in many cases. If you have incorporated a company with the Securities and Exchange Commission of Pakistan (SECP), the FBR NTN is often created automatically once the incorporation process is completed. The company’s user ID and login details for the FBR IRIS portal are typically sent via email. However, it is crucial to log in and verify that the registration is complete and all details are correct. For other business structures, such as firms, NGOs, or schools, you may need to register separately and contact the relevant FBR officer.

What documents are required for Company NTN Registration?

The good news is that if your company is already registered with the SECP, the process is streamlined. However, you will need the following documents handy when applying or verifying your NTN :
• SECP Registration Certificate: The Certificate of Incorporation.
• CNICs of All Directors/Partners: Clear copies of the Computerized National Identity Cards for all individuals associated with the company.
• Business Address Proof: A recent utility bill (electricity, gas, or water) or a rental/lease agreement for the business premises.
• Company Bank Account Details: Information of a bank account opened in the company's name (required for the application).
• Official Letterhead and Stamp: A copy of the company’s letterhead and its official stamp.
• Partnership Deed (if applicable): For partnership firms or LLPs.

What are the minimum requirements for a private company?

At least 2 subscribers/members (or 1 for SMC), lawful purpose, MoA/AoA, and compliance with capital rules. No minimum paid-up capital is required in many cases now.

How does a company register for NTN online?

. Access the Portal: Visit the FBR IRIS website.
. Login: Use the credentials provided after SECP incorporation or create a new account as a "Company" user.
. Complete Form (181): Fill out the registration form with the company's details, including the nature of business, address, and contact information.
. Upload Documents: Attach scanned copies of all the required documents listed above.
. Submit: Review the application and submit it.
. Approval: The FBR will review the application. Upon approval, the company's NTN certificate is issued and available for download from the IRIS portal.

How long does it take to get the NTN certificate?

For a standard, error-free application, the process typically takes 2 to 5 working days. If the company is incorporated with the SECP, the auto-creation is often instantaneous, but activating the account and verifying details may take a few days. Delays usually occur due to incorrect data entry, mismatches in documents, or missing information.

Is there a fee for NTN registration?

No, the registration itself is free. The Federal Board of Revenue does not charge a fee for issuing an NTN. However, if you are using a consultant or a law firm like The Book Publishing Company to handle the registration on your behalf, they will charge a service fee for their professional assistance and document preparation.

Why should I hire a professional service for NTN registration?

While the process is online, many businesses face hurdles, such as technical glitches on the IRIS portal, incorrect document uploads, or a lack of clarity about which tax regime applies to them. Professional consultants and firms like The Book Publishing Company offer specialized Company NTN Registration in Pakistan services to:
• Ensure all forms are filled out accurately.
• Prepare and verify the required documentation.
• Handle any queries or objections raised by the FBR.
• Save you time and prevent costly delays.
• Provide post-registration support for tax compliance.

Office Address

Online NTN Company Registration Pakistan