+44 345 828 7777
info@thecaselawyer.com
ABOUT US
TCL TEAM
OUR PROFILE
OUR CLIENTS
JOIN US
BLOG

Follow us:

How to Register a Sole Proprietorship in Pakistan | Sole ProprietorshipRegister Your Business as a Sole Proprietor in Pakistan | Online Registration

Sole Proprietorship Registration

Registration of business as a Sole Proprietorship is a common way to register your business in Pakistan. In comparison to the company registration, Sole Proprietorship is the simplest way of business registration in Pakistan as it does not require complex documentation, audits and double taxation. It requires National Tax Number, Sales Tax Number and Bank Account of the business.

Business Registration as a Sole Proprietor

Sole Proprietorship makes liability of its owner unlimited. After Sole Proprietorship Registration there is no difference between liability of the owner and that of the Sole Proprietorship Business.

Consequent to the Sole Proprietorship Registration, Sole Proprietor shall alone run the business affairs and is responsible for all business’s debts, losses and liabilities in personal capacity.

This also means that Sole Proprietor shall not be required to file a separate return for his Sole Proprietor Business rather he is required to declare his business income in his personal return.

Sole Proprietorship Registration for its easy Start-up process and for its cheap capital requirement is considered favorable by beginners and especially fresh graduates who desire to register a business entity in Pakistan.

Requirements for Sole Proprietorship Registration

In order to have Sole Proprietorship Registration all you need to do is:

  1. Choose a name for your business.
  2. Detail of the business
  3. Official business phone number (must be registered on owner’s name).
  4. Registered office address proof i.e., Rent agreement or ownership document.
  5. Electricity Bill of the business premises.
  6. In order to apply for Sole Proprietorship Registration, you must have a National Tax Number (NTN) to be issued by FBR. You will only receive an NTN certificate with your name & details on it.
  7. Make a letterhead and business card of your business with name, logo, phone number and physical office address of your business on it.
  8. File request on the letterhead signed and stamped along with your CNIC and business card with the bank of your choice for opening a business account.
  9. Get issued a maintenance certificate from the bank after your account is opened.
  10. After your account is opened you can also register for Sales Tax (GST).

Services We Provide

  • Business Consultancy
  • Business Registration
  • Licensing & Registration
  • Trademark & Copyright
  • Registration with Chamber of Commerce
  • Registration with WeBOC & Pakistan Single Window
  • Business Legal Compliance
  • Regulatory Compliance
  • Tax Management
  • Contracts & Agreements
  • Litigation & Settlement

Contact Us Today

ISLAMABAD OFFICE
1st Floor, Plaza 786, Sector O-9, PWD Double Road, Commercial Area, Islamabad - 44000 Pakistan
LONDON OFFICE
Kemp House, 152-160, City Road, London, United Kingdom, EC1V 2NX
E-MAIL
info@thecaselawyer.com
WORKING HOURS
Mon to Sat: 09:00 AM – 10:00 PM

CONTACT THE CASE LAWYERCall us today, e-mail us or leave a message

Get a free callback

    You have to see failure as the beginning and the middle, but never entertain it as an end.

    THE CASE LAWYER
    THE CASE LAWYER
    Kemp House, 152-160, City Road, London, United Kingdom, EC1V 2NX
    1st Floor, Plaza 786, Block- C, PWD Double Road, Islamabad - 44000
    Business Avenue, Shahrah-e-Faisal, Karachi - 75350
    info@thecaselawyer.com
    FREE CONSULTATION 24/7

    The Case Lawyer Law Firm SRA ref 669401. Calls may be recorded for quality and training purposes.

    Follow Us:
    Our Offices
    Pakistan | United Kingdom | USA | Canada | Australia | France | Germany | UAE | Europe | Middle East

    © Copyright 2023 The Case Lawyer

    Open chat
    1
    Need help?
    Hi, How can I help you?