Tax Talks

Are you starting a business as an Association of Persons (AOP) in Pakistan? Registering for Sales Tax is crucial to ensure compliance and avoid penalties. This article provides a clear checklist of the documents you need to submit for a smooth registration process.

Essential Documents:

• Authorization Letter: If someone other than a member will submit the application, provide an authorization letter with their CNIC and NTN copy.

• Identification & Taxation:

  • AOP NTN: Submit a copy of the AOP’s National Tax Number (NTN).
  • Members’ Information: Provide copies of CNICs and NTNs for all directors or members of the AOP.

• Business Proof:

  • Electricity Bill: Present a copy of your latest (within 3 months) business electricity bill.
  • Alternative Proof: In case of no utility connection, shared bills, or self-generated electricity, submit an affidavit on stamp paper explaining the situation.

• Business Stationery: Provide a single page of your business letterhead pad with a diagonal cross across it.

• Financial Documentation: Choose one of the following:

  • Bank Account Statement: Submit a recent bank statement for your business account.
  • Account Maintaining Certificate: Obtain a certificate from your bank confirming your account existence.

• Partnership Documents:

  • Partnership Deed: Submit a copy of your registered partnership deed.
  • Form-H: Provide the completed Form-H, which details partner information and profit-sharing ratios.

• Property Proof: Show proof of ownership or rental agreement for your business premises by providing:

  • Ownership Deed: If you own the business premises.
  • Rent Agreement: If you rent the business premises.

Remember:

• All documents should be clear and legible copies.
• Ensure your business electricity bill reflects the address mentioned in your application.
• If required, obtain the authorized person’s original CNIC and NTN for verification.
• Keep copies of all submitted documents for your records.

Additional Tips:

• Verify the authenticity of all documents before submission.
• Ensure your business letterhead clearly displays your business name and contact information.
• If unsure about any requirement, consult the relevant tax authorities or seek professional guidance.