Alright, let’s keep it simple:

A Sole Proprietorship Business Company Register in Pakistan is the easiest and most common type of business structure. It’s basically a one-person business — you (the owner) and the business are legally the same.

Here’s a quick breakdown:

Ownership: Only one person owns and runs it.

Registration:

You register your business name with the Federal Board of Revenue (FBR).

You get an NTN (National Tax Number) for your business.

Optionally, you can also register with local authorities (like a chamber of commerce or municipal body) if required.

Taxation:

The income you earn from the business is taxed as your personal income.

You must file an annual tax return.

Liability:

You are personally responsible for all the debts and obligations of the business.

Cost: Very low setup cost compared to other business structures.

Bank Account:

After registration, you can open a business bank account using your NTN and registration proof.

Popular Examples: Small shops, freelancers, online stores, restaurants, small consultancies.

Would you like me to also quickly tell you the exact steps to register a sole proprietorship in Pakistan? 🚀
It’s pretty straightforward!