Registering for NTN (National Tax Number) for a Limited Liability Partnership (LLP) in Pakistan involves a specific process. Here’s a step-by-step guide on how to obtain NTN for an LLP:
Step-by-Step Guide for NTN Registration for LLP in Pakistan:
- Prepare Required Documents:
- Certificate of Incorporation issued by the Securities and Exchange Commission of Pakistan (SECP).
- Partnership deed (original and photocopy).
- Copies of CNICs (Computerized National Identity Cards) of all partners.
- Copy of utility bill of the registered office.
- Visit FBR Online Portal:
- Access the Federal Board of Revenue (FBR) online portal (https://e.fbr.gov.pk).
- Create an account if you don’t already have one. You can register as a taxpayer or login if you are already registered.
- Fill NTN Application:
- Navigate to the e-registration tab and select the option for NTN registration.
- Fill out the online application form with details such as LLP name, registered office address, partners’ information, etc.
- Upload scanned copies of the required documents (Certificate of Incorporation, partnership deed, CNIC copies, utility bill).
- Submit Application:
- Review the information provided for accuracy.
- Submit the online application form.
- Visit RTO/RTO-I for Biometric Verification (if required):
- After submitting the online application, you may need to visit the Regional Tax Office (RTO) or its sub-office (RTO-I) for biometric verification. This requirement may vary based on the FBR’s current procedures.
- Receive NTN Certificate:
- Once the application is processed and verified by the FBR, you will receive the NTN certificate via email or through the online portal.
- Post-Registration Steps:
- Ensure that the LLP maintains proper tax compliance by filing annual tax returns and fulfilling any other tax obligations as per Pakistan’s tax laws.
- Professional Assistance:
- Consider seeking assistance from a tax consultant or lawyer familiar with Pakistani tax regulations to ensure compliance and to navigate any complexities that may arise during the registration process.
By following these steps and fulfilling the necessary requirements, you can successfully obtain the National Tax Number (NTN) for your Limited Liability Partnership (LLP) in Pakistan.