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๐Ÿ‡ต๐Ÿ‡ฐPakistan ยท SECP & FBR

Own a real company, on your own.

A single member company gives you limited liability and a separate legal entity โ€” with just one shareholder. We register it with SECP and get your NTN with FBR.

Register an SMC Compare entities
โ€” What it is

A limited-liability company built for one

One member

A single shareholder owns the whole company โ€” you don't need a partner to incorporate.

Separate legal entity

The company is its own person in law. It can own assets, sign contracts and hold a bank account in its name.

Limited liability

Your personal assets are protected. You're only on the hook for the capital you put in.

SECP-registered

Incorporated with the Securities & Exchange Commission of Pakistan, then issued an NTN with FBR.

Convert to Pvt Ltd later

Bring in partners or investors down the line and convert your SMC to a private limited company.

Needs a nominee director

SECP requires you to name a nominee who steps in if anything happens to you. We help you appoint one.

Taxly service fee
โ‚จ29,900one-time
+ SECP fee (varies with capital)
Includes
SECP name reservation
Digital signature & PIN
Incorporation with SECP
Memorandum & articles of association
NTN registration with FBR
Register an SMC
โ€” How it works

From name to NTN, handled

01

Reserve your name

We check availability and reserve your company name with SECP โ€” usually within a day or two.

02

Sign digitally

We arrange your digital signature and PIN, then prepare your memorandum and articles.

03

Incorporate

We file with SECP and get your certificate of incorporation as a single member company.

04

Get your NTN

We register the company for a National Tax Number with FBR so you can bank and invoice.

โ€” Which one?

Sole proprietor vs SMC vs Pvt Ltd

Sole proprietor
SMC
Pvt Ltd
Legal entity
You, personally
Separate company
Separate company
Liability
Unlimited
Limited
Limited
Owners
One
One member
2 to 50 members
Registered with
FBR (NTN)
SECP + FBR
SECP + FBR
Best for
Freelancers, solo
Solo, want protection
Startups, investment
Annual compliance
Income-tax return
Form A, Form 9, accounts
Form A, Form 9, audited accounts

Government fees (SECP, FBR) are charged at cost on top of Taxly's price. Figures shown are indicative.

Need partners?

Private limited โ†’

Two or more members, investor-ready, the standard for startups raising money.

After you incorporate

Yearly tax filing โ†’

We keep your company on the FBR Active Taxpayer List with annual returns and accounts.

โ€” Questions

SMC FAQ

A sole proprietorship is just you with an NTN โ€” there's no separate company, and you carry unlimited personal liability. An SMC is a real limited-liability company registered with SECP. It protects your personal assets, lives on as its own legal entity, and looks more credible to clients and banks.
Yes. A single member company is designed exactly for this โ€” one shareholder owns 100% of the company while still getting limited liability. SECP only asks that you name a nominee director who would step in if something happened to you.
Yes. After SECP issues your certificate of incorporation, we register the company for a National Tax Number with FBR. You need the NTN to open a company bank account, issue invoices and file taxes.
You can. If you want to bring in partners or raise investment, an SMC can be converted to a private limited company with two or more members. We can handle the conversion when you're ready.