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Learn taxpayer registration – NTN & Sales Tax

Firm Registration

In this guide, we will tell you all the forms and registrations you should apply for if you are a taxpayer. The government is imposing strict reforms to imply tax on all individuals. If we look at these reforms from wise eyes, we would know how beneficial they are for our country’s revenue. That is the reason all individuals should become tax filers. When you become a filer, there are two kinds of advantages.
1) To the country
2) To the filer himself

Related: How becoming a filer would advantage your country? | Why should I become a filer in Pakistan?

However, there are different types of forms for each case. We will describe the details below.

According to the 2015 reform, the people who have computerized CNIC’s can use their CNIC numbers as their national tax number. We will emphasize the types of registration together with their process below. Even if you need more information, you can contact us for a free consultation.

For individuals:

For an individual taxpayer, there are three types of registration from which they can choose two.
1.NTN for salaried person
2.NTN for a business person
Sales Tax Registration for a business person
We will elaborate on the process for each kind of registration, including the documents. Many people tend to face confusion in the documents requirement. But, we have sorted out it for you. The documents are mentioned below.

NTN for salaried person

CNIC
Registered mobile number
Paid utility bill from the last three months
Taxpayer registration form

NTN for a business person

CNIC
Registered mobile number
Paid utility bill from the last three months
Business ownership documents
Taxpayer registration form

Sales tax registration for business

For sales tax, the individual has to bring a bank maintenance certificate along with the documents mentioned above.

For the association of person/firms:

Just like an individual, the AOP/firms have two classes of registration.
1.NTN registration
2.Sales tax registration
The documents requirements are described below.

NTN Registration

Authority letter signed by all members

CNIC’s of members

Registered mobile number

Business ownership documents

Paid utility bill from the previous three months

Trust deed

Partnership deed

AOA and MOA

Taxpayer registration form

Registration certificate

Sales Tax Registration:

Application for registration

CNIC

Authority letter signed by all members

For Campines Registration:

Similarly, companies also have two classes of registrations.

1.NTN Registration

2.Sales Tax Registration

NTN Registration:

Authority letter signed by all members

CNIC of director

Registered mobile number

Business ownership documents

Paid utility bill from the previous three months

Incorporation certificate

MOA and AOA

FORM 29, FORM 1, and FORM 21

Sales Tax Registration:

The registration is done at the FBR office.

Application for registration

CNIC

Authority letter signed by all members

Do you have more queries?

If you need more information regarding this, you may contact our tax experts for a free consultation. We love hearing queries. Thus, we will resolve all your issues regarding corporate.

If you need consultation regarding any issue such as company registration, trademark registration, patent registration, copyright registration, sales tax registration, etc. Contact us now and get a free consultation.

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