What is NTN and How can we Register NTN.

The term NTN stands for National Tax Number in Pakistan, a critical identifier for taxpayers and businesses. Whether you are an individual taxpayer or owner of a business, having an NTN number is essential for filing income tax returns, conducting taxable activities, and availing yourself of tax-related benefits in Pakistan. Federal Board of Revenue (FBR) is the authority to assign a Tax Number to any Individual AOP or a Company. This blog provides detailed review into what the National Tax Number (NTN) is, how to register for it online, and how to verify your NTN via CNIC.

Types of NTN:

In Pakistan, NTN (National Tax Number) is issued by the Federal Board of Revenue (FBR) for tax purposes. There are different types of NTN based on the category of taxpayers. The main types include:

1. Individual NTN

• Issued to individuals for personal taxation purposes.
• Required for filing income tax returns, opening a bank account, or conducting high-value transactions.

2. Business NTN

• Issued to businesses, sole proprietorships, partnerships, and companies.
• Required for business registration, tax filings, and official transactions.

3. Corporate NTN

• Issued to private limited companies, public limited companies, and other corporate entities.
• Mandatory for filing corporate taxes and conducting official financial transactions.

4. Association of Persons (AOP) NTN

• Issued to partnerships, joint ventures, and other associations.
• Used for filing taxes and business-related transactions.

5. Government NTN

• Assigned to government organizations and departments for tax-related purposes.

Each NTN is linked to a CNIC (for individuals) or registration number (for businesses & companies) and is required for compliance with tax regulations in Pakistan.
Now let’s have a look at how Hashtag is changing the NTN registration process in Pakistan.

The Role of CNIC in FBR’s Taxpayer System.

The Federal Board of Revenue (FBR) has simplified the process of NTN verification online, making it easier for taxpayers to confirm their registration status. By using your CNIC (Computerized National Identity Card) number, you can conveniently check your NTN (National Tax Number) through the FBR’s official website. This system not only saves time but also eliminates the hassle of visiting tax offices.

For individuals who are unfamiliar with the process, Hashtag provides free assistance in online NTN registration and verification. Whether you are in Karachi, Lahore, and Islamabad or anywhere in the Globe, you can verify your NTN easily. In Pakistan, the abbreviation NTN stands for National Tax Number, a unique identifier issued by the Federal Board of Revenue (FBR). Even though the word “number” is already included in the acronym NTN, many people still refer to it as the “NTN number” or “FBR NTN number.”

Who Needs an NTN in Pakistan?

The question often arises: Who requires NTN (National Tax Number) in Pakistan? The answer is straightforward. The NTN stands for National Tax Number in Pakistan, and it is mandatory for:

• Salaried individuals earning over Rs. 600,000 annually.
• Business owners earning over Rs. 400,000 annually.
• Nonprofit organizations conducting taxable activities.
• Companies registered under the SECP.

Without NTN, individuals and businesses can not file income tax returns or avail themselves of various tax benefits. Moreover, NTN registration is a prerequisite for opening bank accounts, applying for utility connections, and participating in government tenders.

Figure out of NTN:

NTN stands for National Tax Number and is also known as Income Tax Registration Number in Pakistan. It is the starting point for anybody to register as a taxpayer either Individual or Business.

NTN is necessary for anybody who wants to get registered with governmental bodies i.e FBR (Federal Board of Revenue), SRB (Sindh Revenue Authority), PRA (Punjab Revenue Authority), BRA (Balochistan Revenue Authority), and KPRA (Khyber Pakhtunkhwa Revenue Authority).

The NTN is obtained for the purpose of complying with Income Tax, Sales Tax, and Federal Excise. It is also used in the process of Imports and Exports of goods.

For individuals, their CNIC number is now considered as their NTN number. Furthermore, for businesses, their NTN consists of 7 digits business NTN numbers.

The term NTN is divided into types, you will know who can register NTN. Check out below.

Digitizing the NTN Registration Process in Pakistan: 

As businesses and startups are evolving, the demand for digitization in every sector is growing.

Old and redundant methods like;

• Queuing up in lines for long hours and wasting a lot of time for small taxation tasks.
• Getting overcharged for small tasks and no transparency about the amount being charged.
• No data protection and customer support available for tax and legal matters.

Benefits of registering NTN:

You can obtain the following benefits by registering your NTN:

For Individuals:

1. Registering your individual NTN will make you eligible to file your tax returns.
2. Registering your individual NTN will make you a preferable person to obtain membership in different clubs, fast visa processing, etc.
3. Registering your individual NTN will make you a responsible and reputable citizen in society.

For Business:

1. By registering your business NTN, your business can offer services or sell products to other companies easily as compared to a business with no NTN.
2. By generating your company’s NTN, your organization will get registered in SECP, and its compliance matters will become easy.

Documents Required for NTN Registration

To register for an NTN, you will need the following documents:

• For salaried individuals: CNIC only.
• For business owners: CNIC, utility bill, rent agreement or property ownership documents.
• For partnerships: CNIC, business letterhead, tenancy agreement, and recent utility bill.

The process has been simplified to ensure that all individuals and businesses can easily obtain their NTN.

How I can Register my Business NTN in Pakistan. Business NTN Registration Process:

You have most likely heard about an individual NTN and might be wondering whether entities other than individuals can also obtain NTN registration. If so, your assumption is correct. NTN is not limited to individuals; it is also issued to businesses, companies, Associations of Persons (AOPs), and other entities.

Regardless of its type, NTN serves as an identification number for any entity registered with the tax regulatory authority or related organizations. Additionally, NTN is required for opening bank accounts and is a prerequisite for filing income tax and sales tax returns.

By obtaining NTN registration, individuals, business owners, firms, and other entities not only comply with tax regulations and laws but also benefit from conducting their financial and business activities in a structured and legal manner.

Benefits of Business NTN Registration in Pakistan:

With Business NTN Registration, You can enjoy the following benefits.

• The business NTN holder can make contracts with local and international firms.
• The business NTN holder can associate their business with regulatory bodies and other associated organizations.
• The business NTN holder can become a member of a number of agencies.

How can I register my business NTN?

NTN registration for any entity is very easy. You can easily register your NTN on FBR by following e-registration for NTN after creating user account on FBR. But why rushing to FBR and following the registration procedure steps;

You can get comprehensive NTN; registration, verification, and details modification services all under one hut.

Documents required for NTN registration:

For Business:

• Color copy of CNIC
• Rent agreement/ownership docs of Office premises
• Letterhead
• Latest paid electricity bill
• Phone Number (Registered)
• Email address

For Partnership or AOP:

• Copy of the National Identity Cards, email address and contact number of each partner.
• Proof of the address of partnership business, utility bills
• If the address of the partnership business is rented then the rent deed is required
• The firm’s name
• The place or principal place of business of the firm
• Names of any other places where the firm carries its business
• The date when each partner joined the firm
• Full names of all partner and their permanent addresses (information should tally with the NIC)
• Duration of the firm

For Company:

• CNIC Of CEO and All Directors and members
• Email and Mobile Number of CEO and All Director’s (Number must be registered on their respective CNIC)
• Nature of Business
• Three Proposed Name of Business Premises
• Business Address
• Letterhead

For NPO:

• Copies of CNIC of All members
• The office Bearers list with mobile numbers
• The Managing Committee List with mobile number
• Office Address,
• Valid email address, letterhead, Website URL
• Ownership documents or rent agreement of business premises
• Asset details of members and dependents

To get detailed information about the benefits of NTN registration, you can contact our support and get in touch with us here.

Remarks:

Hashtag is eliminating old and redundant methods of NTN registration and digitizing the process. You don’t need to spend thousands of rupees on a task that can be done with minimal cost and from the ease of your home.