We help sole proprietors to Become Filers

Join the FBR Active Taxpayer List with ease. We handle NTN registration and income tax filing of sole traders, retailers, wholesalers, shops in local markets and individual businesses operating in Pakistan.

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Why Choose ConSerIC Accountants

At ConSerIC Accountants, we help sole proprietors become income tax filers with ease.

Expert Tax Guidance: Our tax professionals ensure accurate NTN registration and income tax return filing of traders, shop owners, retailers and individual businessmen.

Complete Filing Solution: NTN registration, wealth statement preparation, balance sheet and income statement preparation, income tax return filing, , and ATL activation, all under one roof.

Transparent & Affordable Pricing: We offer clear and fair pricing without any hidden fees for your peace of mind.

Personalized Tax Support: A reliable choice for the sole proprietors across Pakistan.

Do you know?

It is better to become filer before the due date of 30 September 2026 even if your previous tax returns have not been filed. Before this date, FBR will not charge ATL surcharge fee.

What we do for a Sole proprietor

ConSerIC Accountants offers reliable services for individual businesses across Pakistan.

NTN Registration
Tax Planning
Tailored Strategies
Submission of your annual income tax return

What we need from you

Our professionals are keen to take care of all NTN registration and filing of income tax return of your sole business. We require:

FBR login ID
CNIC, mobile number and email address to create your FBR ID
Income and expenses of your business
Details of personal assets and liabilities
Details of assets and liabilities of business
Bank statements of personal and business accounts
Tax deduction certificates

how do we make you filer?

Here is our approach to get you enter on the Active Taxpayers List.

Gather your FBR IRIS login ID or your data to create it
Arrange a detailed discussion with you to understand your business model, income sources and personal finances
Plan your taxes and give you an advisory
Prepare balance sheet and income statement of your business
Prepare and file your annual income tax return through the IRIS system

Once accepted, your name appears on the FBR Active Taxpayer List (ATL)

Frequently Asked Questions

Who is a sole proprietor?

A sole proprietor is an individual who owns and operates a business in their personal capacity. Unlike a company, the business and the owner are treated as the same person for income tax purposes.

Can a sole proprietor become a filer?

Yes. A sole proprietor can become a filer by registering with FBR, filing an income tax return under section 114, and meeting applicable tax compliance requirements.

Is NTN mandatory for a sole proprietorship?

Yes. NTN registration is generally required to file tax returns, maintain tax compliance, and obtain Active Taxpayer status.

Does a sole proprietor need a business bank account?

Yes. A dedicated business bank account helps maintain proper financial records and supports compliance with section 114A relating to business bank accounts.

Does a sole proprietor file a separate tax return?

No. A sole proprietor files a single income tax return in their own name, including business income and other taxable income, if any.

What is the difference between a sole proprietor and a company?

A sole proprietorship is not a separate legal entity, whereas a company has a separate legal identity, registration requirements, and tax obligations.

Can business expenses be claimed?

Yes. Expenses incurred wholly and exclusively for business purposes may generally be claimed as deductions, subject to the Income Tax Ordinance, 2001.

Is a wealth statement required?

Yes. Where applicable under section 116, a sole proprietor must file a wealth statement declaring assets, liabilities, expenses, and sources of funds.

How is sole proprietor income taxed?

Business profits of a sole proprietor are generally taxed under the head "Income from Business" and are subject to the applicable individual income tax slab rates.

What happens if I file tax return after 30 September 2026?

You can file your tax return after due date of 30 Sept 2026. But after this date, you need to pay ATL surcharge of Rs. 25,000 in order to become filer.

Do I need to register my business name with FBR?

If you operate a business, you should register your business activity with FBR and update your taxpayer profile with relevant business information.

What documents are required?

Typically, CNIC, business details, bank account information, income records, expense records, and details of assets and liabilities are required.

How can a sole proprietor become ATL active?

By filing the income tax return and meeting the relevant legal requirements, a sole proprietor may appear on the FBR Active Taxpayers List (ATL).

Can a home-based business become a filer?

Yes. Home-based businesses, online businesses, service providers, and small traders can become filers if they conduct taxable business activities.

What happens if a sole proprietor does not file taxes?

Non-filing may result in higher withholding taxes, loss of ATL benefits, penalties, and increased compliance risks under tax laws.

Can a sole proprietor register for sales tax separately?

Yes. Where business activities fall within the scope of sales tax laws, a sole proprietor may be required or eligible to obtain sales tax registration separately from income tax registration.

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