Sole Proprietor Firm Registration

Sole Proprietor Firm Registration

A Sole Proprietorship is the simplest form of business owned and managed by one individual. Registration with the Federal Board of Revenue (FBR) involves obtaining a National Tax Number (NTN) and registering the business for tax purposes. The owner and the business are considered the same legal entity, and the owner is personally responsible for all business obligations and liabilities.

Documents Required

  • CNIC Scan Clear Copy
  • Mobile Number (Registered on Name)
  • Email id
  • Business Name
  • Business Activity
  • Business Office Address

Benefits

  • Simple business management.
  • Easy and low-cost business registration.
  • Obtain an NTN for legal tax compliance.
  • Easier to open a business bank account.
  • Increased credibility with customers and suppliers.
  • Suitable for freelancers, traders, consultants, and small businesses.