Pakistan Business Registration Guide 2026

SECP Registration

The Securities and Exchange Commission of Pakistan (SECP) is the primary regulatory body for company registration. All companies must be registered with the SECP under the Companies Act 2017. The process includes: (1) Name reservation (via e-Services portal), (2) Submission of incorporation documents (Memorandum and Articles of Association), (3) Payment of registration fee, and (4) Issuance of Certificate of Incorporation. The process is fully digital through the SECP's e-Services platform and typically takes 2-5 working days. Company types include Single Member Company, Private Limited, Public Limited, and Not-for-Profit. Registration fees vary by company type and authorized capital.

NTN — National Tax Number from FBR

The National Tax Number (NTN) is the primary tax identification number issued by the Federal Board of Revenue (FBR). All businesses must obtain an NTN for income tax purposes. The registration is done through the FBR's IRIS portal (iris.fbr.gov.pk). Required documents include SECP certificate, CNIC of directors, and proof of registered address. The NTN is used for all tax filings, withholding tax statements, and correspondence with the FBR. Registration is free and typically takes 1-3 working days. Companies also need to file their first tax return within the prescribed period after incorporation.

STRN — Sales Tax Registration

Businesses with taxable turnover exceeding PKR 10 million in any 12-month period must register for sales tax and obtain a Sales Tax Registration Number (STRN). Registration is through the FBR IRIS portal (separate from NTN registration). Voluntary registration is permitted for businesses below the threshold. Registered persons must file monthly sales tax returns, maintain proper invoicing records (compliance with FBR's POS system for relevant sectors), and charge GST at the applicable rate (generally 18%) on taxable supplies. Non-compliance can result in deregistration and penalties.

EOBI Registration

Employers with 5 or more employees must register with the Employees Old-Age Benefits Institution (EOBI). Registration is done at the regional EOBI office or through the EOBI online portal. The employer must deduct 1% of minimum wage from employees and contribute an equal amount (total 2% of minimum wage). Monthly contribution statements must be filed, and annual returns are required. Late payment attracts a penalty of 8% per annum. An employer code is issued upon registration. The registration process typically takes 1-2 weeks.

Provident Fund Registration

Companies with a certain number of employees are required to establish a Provident Fund under the Provident Fund Act 1925 (and applicable provincial laws). The fund must be registered with the Commissioner of Income Tax (PF section). The standard contribution is 1 month's basic salary per year from both employer and employee (8.33% each). The fund's trust deed and rules must be approved by the tax authorities. Provident Fund accounts must be maintained separately from company accounts, and annual audits are required. Employer contributions are tax-deductible subject to limits.

Provincial Tax Registration — PRA/SRBA

Businesses providing services must register with the relevant Provincial Revenue Authority (PRA) for provincial sales tax on services. Each province has its own authority: Punjab Revenue Authority (PRA), Sindh Revenue Board (SRB), Khyber Pakhtunkhwa Revenue Authority (KPRA), and Balochistan Revenue Authority (BRA). Registration is separate from the federal GST registration. Provincial sales tax rates on services vary (typically 13-16%). Services provided across provincial borders may face complex multi-province registration requirements. The registration process is digital (via respective portals) and requires the NTN and business details.

FAQs

Can a foreigner register a company in Pakistan?

Yes, foreigners can register a company in Pakistan. A foreign company can establish a wholly-owned subsidiary (Private Limited), branch office, or representative office. The process requires additional documentation, including passport copies, proof of foreign registration, and visa documentation. Certain sectors have restrictions on foreign ownership.

How long does business registration take in Pakistan?

SECP incorporation: 2-5 working days. NTN: 1-3 working days. STRN: 3-5 working days. EOBI registration: 1-2 weeks. The total process typically takes 2-4 weeks if all documents are in order. The government has been working on a Single Window Portal to streamline the process.

What are the costs of business registration?

SECP registration fees range from PKR 5,000-50,000 depending on company type and capital. NTN registration is free. STRN registration is free. EOBI registration has a nominal fee. Professional fees for legal/business setup services can range from PKR 30,000-150,000 depending on complexity.

Disclaimer

This guide provides general information about business registration in Pakistan for 2026. Procedures, fees, and thresholds are subject to change. Always consult with a qualified professional for advice specific to your business. InvestmentKit does not provide legal advice.