A sole proprietorship is not incorporated through SECP as a company. For a single-owner business, the practical registration is generally handled through the proprietor’s FBR/IRIS profile by adding or updating the business name, business address and principal activity. For an individual taxpayer, the CNIC normally serves as the NTN or registration number.
Karachi is Pakistan’s largest commercial centre and has a broad base of traders, consultants, exporters, retailers, e-commerce sellers, freelancers, IT professionals and service businesses. A correctly maintained FBR/IRIS profile helps a proprietor keep the business name, activity and address consistent for banking, invoicing, tax filing and commercial onboarding.
Professional fee
PKR 5,000
SECP incorporation
Not required
NTN for individual
CNIC normally serves as NTN
Local support
Karachi office