Registration of Sole Proprietorship in Pakistan

The decision to choose the right type of establishment for your business is based on many factors including the sector your business is in and what benefits or drawbacks that sector has. Some major factors that need to be considered when choosing the right type of establishment for any business sector are tax benefits and exemptions, loan finance requirements, legal benefits and impediments, scope and object of business, flexibility of operations, and other underlying factors.

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What is Sole Proprietorship?

80% of businesses in Pakistan are opened as Sole Proprietorships - the simplest type of business entity. The Sole Proprietorship registration process is very simple, but it's important to note that there are different types of business entities in Pakistan, each with its own structure, requirements, and benefits. Choosing the right entity type is crucial to the success of your business. Any person who wishes to have a Sole Proprietorship Registration may do so easily, but it's important to note that only one person can operate or manage the business.

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Are you looking to register your Sole Proprietorship in Pakistan? If so, here's a step-by-step guide on how to do it:

1. Choose a name for your business/Sole Proprietorship.
2. Apply for a National Tax Number (NTN) from the Federal Board of Revenue (FBR). You will only receive an NTN certificate with your name and details on it.
3. Create letterhead and business cards for your Sole Proprietorship business with the name, logo, phone number, and physical office address of your business on it.

Required Documentation:

In order to register your business with the FBR, you will need to provide the following documents:
-CNIC copy of sole proprietor
-Nature of business
-Business letterhead
-Electricity bill
-Rent agreement of office
-Mobile number of Sole proprietors that is not already registered with FBR
-Email address of Sole proprietor that is not already registered with FBR.

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Lahore Office

Main Boulevard Gulberg, Main Market, Lahore, Punjab 54000
Mr. Ahmed Burhan

Faisalabad Office

Burhan Center, 97-99, Gulistan Market Railway Road, Faislabad, Pakistan
Mr. Ahmed Burhan

UK Office

Associate Office (London)
Mr. Ahmed Burhan

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