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
NPO Registration with SECP
NPO Registration with SECP
NPO Registration with SECP
NPO registration with the Securities and Exchange Commission of Pakistan (SECP) involves submitting an application to formalize the status of a non-profit organization. This process includes providing documentation, such as the organization’s constitution or by-laws, and meeting specific regulatory requirements to obtain legal recognition and tax benefits.
Requirements
For NPO (Non-Profit Organization) Registration with SECP (Securities and Exchange Commission of Pakistan), you will need:
- Name Reservation: Choose and reserve a unique name for the NPO through SECP’s name reservation process.
- Founders’ Details: Provide CNICs and contact details of the founders or members of the NPO.
- Memorandum and Articles of Association: Draft and submit the Memorandum and Articles of Association that define the NPO’s objectives, governance structure, and operational guidelines.
- Registered Office Address: A valid physical address within Pakistan to serve as the registered office of the NPO.
- Application Form: Complete and submit the SECP Form 1 (Incorporation Form) for the NPO.
- Incorporation Fee: Pay the required incorporation fee based on the NPO’s capital and SECP’s fee structure.
- Declaration of Compliance: A declaration confirming that all legal requirements under the Companies Act, 2017 (for non-profits) have been met.
- Bank Account: Open a bank account in the name of the NPO for managing finances.
How Taxwork help you
How TaxWork.pk will assist you with NPO Registration with SECP:
- Name Reservation Assistance: We help you select and reserve a unique name for your NPO through SECP.
- Document Preparation: TaxWork.pk will draft the Memorandum and Articles of Association to ensure they meet legal requirements and accurately reflect the NPO’s mission and structure.
- Filing with SECP: We manage the entire registration process, including completing and submitting all necessary forms and documents to SECP.
- Incorporation Compliance: We ensure that all legal requirements for NPO incorporation are met and handle the payment of incorporation fees.
- Ongoing Support: After registration, we offer continued support with regulatory filings, annual returns, and compliance with SECP regulations.
FAQ's
FAQ's
How long does the NPO registration process with SECP take?
The registration process typically takes 5-10 working days, depending on the completeness and accuracy of the submitted documents.
Are there any specific tax benefits for NPOs registered with SECP?
Yes, NPOs may be eligible for tax exemptions on their income if they are registered and comply with the requirements for tax exemption status with the FBR.
Can an NPO be converted into a for-profit entity?
Converting an NPO into a for-profit entity is complex and may require de-registration of the NPO and formation of a new entity. It is advisable to seek legal advice for such conversions.
What are the annual compliance requirements for an NPO registered with SECP?
An NPO must file annual returns with SECP, maintain proper financial records, and adhere to any other regulatory requirements specific to non-profits.
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