Online Issuance of NTN for Unregistered Partnerships and Association of Persons (AOPs) | ||
Reform ID | F121 | |
Reform Description | Before: Earlier only the firms registered with Registrar of firms were issued the National Tax Number (NTN) online.
After: Now, to facilitate unregistered firms (partnerships/ Associations of Persons) and to bring them in the tax net the NTN is being issued online prior to registration with Registrar of firms. |
|
Sector | All Sectors | |
BeneficiariesAutomotive Owners | All Businesses | |
Jurisdiction/ Location | Federal (Entire Pakistan) | |
Department | Federal Board of Revenue | |
Date of Implementation | 28-01-2022 | |
Details | Difficulty | Unregistered firms (Partnerships and Association of Persons-AOPs) were facing difficulty as they didn’t have the access to get the National Tax Number (NTN) online. This anomaly was a bottleneck in their business operations and the firms were also facing difficulties in making financial transactions. |
Analysis | The unregistered firms should be granted the access to get the NTN number through online registration with FBR. | |
Solution | FBR has allowed the unregistered firms (Partnerships and Association of Persons) to get the NTN through online registration prior to registration with Registrar of firms. | |
Evidence |
Evidence |
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