Registration of Sole Proprietorship in Pakistan

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.

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.