NTN Registration
Income Tax Filing - Salaried & retired Person
Income Tax Filing - Sole Proprietor
Income Tax Filing - Partnership/PVT Company
Income Tax Filing- NPO/Charitable Trusts
Private Limited Company Registration
Single Member Company Registration
Limited Liability Partnership Registration (LLP)
Partnership or AOP Registration
NPO Registration with SECP
Trademark Registration
Copyright Registration
Patent Registration
IRIS Profile Update
Single Member Company Registration
Single Member Company Registration
Single Member Company Registration
Single member company registration involves setting up a company with only one shareholder, who also acts as the director. This structure provides limited liability protection and requires filing specific documents and complying with legal and regulatory requirements for incorporation and operation.
Requirements before Registration
- Name of companies
- Principle line of Business
- Registered office address
- Subscribe/shareholder
- Director who manage affairs of company
- Memorandum of association
- Article of association
- CNIC Copies of Directors (All color form front & back)
How Taxwork help you
Expert Guidance: Taxwork offers personalized assistance to ensure that your tax filing process is smooth and error-free. Our team of experts helps you understand complex tax laws and guides you through every step.
Hassle-Free NTN Registration: If you’re a first-time filer, Taxwork can help you obtain your National Tax Number (NTN) quickly and easily, ensuring that you meet all the necessary requirements.
Accurate Tax Calculation: We help you accurately calculate your taxes, taking into account all eligible exemptions, deductions, and credits, so you don’t pay more than you need to.
Efficient Document Management: Taxwork assists in gathering and organizing all the necessary documents, such as salary slips, bank statements, and tax certificates, ensuring a comprehensive and compliant tax return.
Timely Filing: We ensure that your tax return is filed well before the deadline, avoiding penalties and ensuring that you’re always in good standing with the FBR.
Support for Corrections: If you’ve made an error in a previous tax return, Taxwork can help you file a correction to amend your return and ensure everything is accurate.
Ongoing Support: Taxwork provides year-round support, helping you stay updated on any changes in tax laws and assisting with any tax-related queries or issues that may arise. With Taxwork, filing your tax return is simple, stress-free, and efficient, allowing you to focus on your work while we take care of the rest.
FAQ's
FAQ's
What is a Single Member Company (SMC)?
A Single Member Company (SMC) is a type of private limited company that is owned and managed by a single individual. The owner is the sole shareholder and director of the company, and their liability is limited to their shareholding in the company.
What documents are required to register a Single Member Company in Pakistan?
The essential documents for registering an SMC include:
- CNIC copy of the single member (owner).
- Proposed name of the company.
- Memorandum of Association (MoA).
- Articles of Association (AoA).
- Declaration of nominee director in case of the owner’s death.
- Address of the registered office.
- Declaration of compliance with the Companies Act, 2017.
Can the single member of an SMC appoint additional directors?
Yes, the single member of an SMC can appoint additional directors if they wish. However, it will no longer be classified as a Single Member Company and will convert into a Private Limited company, requiring compliance with the regulations applicable to such entities.
How is the nominee director for an SMC selected?
The nominee director is chosen by the single member (owner) of the company. The nominee director’s role is to manage the company temporarily in the event of the owner’s death until the shares are transferred to the legal heirs.
How long does it take to register a Single Member Company in Pakistan?
The registration process for an SMC typically takes around 7 to 10 working days, provided that all required documents are submitted accurately. Any discrepancies or additional requirements by the Securities and Exchange Commission of Pakistan (SECP) may cause delays.
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