FTN CONSULTANCY

FTN Consultancy Services in Pakistan – ARK Tax Consultant

Welcome to ARK Tax Consultant, your trusted partner for Federal Tax Number (FTN) consultancy services in Pakistan. Led by Muhammad Yousaf, we offer expert, affordable, and efficient solutions for businesses, individuals, and organizations in Multan, Islamabad, Lahore, Karachi, and across Pakistan. We specialize in FTN registration, filer status, and compliance with the Federal Board of Revenue (FBR), ensuring your business meets all tax obligations. Contact us at 0333-9697374 to get started today!

What is an FTN?

A Federal Tax Number (FTN), also known as the National Tax Number (NTN), is a unique identifier issued by the FBR to individuals, businesses, and entities for tax purposes under the Income Tax Ordinance, 2001. It is mandatory for tax filing, accessing government schemes like the CM Punjab Asaan Karobar Finance, and ensuring compliance with federal and provincial tax authorities, such as the Punjab Revenue Authority (PRA). FTN registration also enables you to achieve filer status, which offers reduced tax rates and eligibility for financial benefits.

Why Choose ARK Tax Consultant for FTN Consultancy?

• Expert Guidance: Led by Muhammad Yousaf, our team ensures seamless compliance with FBR regulations.
• Fast & Affordable: We provide quick FTN registration and filer status at competitive rates.
• Comprehensive Support: From FTN issuance to tax filing and compliance, we handle it all.
• Nationwide Reach: Serving clients in Multan, Islamabad, Lahore, Karachi, and beyond.
• Tailored Solutions: Customized services for individuals, sole proprietorships, partnerships, and companies.

Our FTN Consultancy Services

We provide end-to-end consultancy to ensure your FTN registration and compliance needs are met efficiently. Our services include:

1. FTN Registration
   • We guide you through the FBR’s Iris portal (iris.fbr.gov.pk) or offline process to obtain your FTN.
   • Assistance with submitting required documents, such as CNIC, business details, and proof of address.
   • Ensuring you receive your FTN for individuals, sole proprietorships, partnerships, or companies.
2. FBR Filer Status
   • Critical Requirement: Filer status is mandatory for schemes like CM Punjab Asaan Karobar Finance and benefits like reduced withholding tax rates (e.g., 7.5% for filers vs. 15% for non-filers on banking transactions). Non-filers are ineligible for such schemes.
   • We help you achieve and maintain filer status by filing your annual income tax returns.
   • Contact Muhammad Yousaf at 0333-9697374 to become a filer in minimal time at reasonable charges.
3. Tax Filing & Compliance
   • Preparation and filing of income tax returns (individual, business, or corporate) to maintain filer status.
   • Ensuring compliance with the Income Tax Ordinance, 2001 and FBR regulations.
   • Guidance on tax deductions, exemptions, and credits to optimize your tax liabilities.
4. Integration with Other Tax Authorities
   • Assistance with provincial tax compliance, such as Punjab Revenue Authority (PRA), Sindh Revenue Board (SRB), or Khyber Pakhtunkhwa Revenue Authority (KPRA), for businesses operating across provinces.
   • Linking FTN with sales tax registration for service providers or traders.
5. Password Recovery Services for FBR Accounts
   • Registered Number Password Recovery: Retrieve your FBR Iris portal password by the next day.
   • Unregistered Number Password Recovery: Recover passwords for unregistered numbers by the next day.
   • Direct Password Recovery via CNIC: Get your Iris portal password on the same day using only your CNIC.
   • These services ensure uninterrupted access to your FBR account for filing and compliance.
6. Additional Services
   • Company Registration: Register your business with SECP for legal compliance.
   • Sales Tax Registration: For businesses involved in taxable goods or services.
   • Trademark, Logo, and Copyright Registration: Protect your brand identity.
   • Chamber of Commerce Registration: Enhance business credibility.

Who Needs an FTN?

• Individuals: Salaried persons, freelancers, or property owners with taxable income above the exemption limit (e.g., Rs. 600,000 annually for 2025).
• Businesses: Sole proprietorships, partnerships, companies, or AOPs engaged in commercial activities.
• Service Providers: Those registered with PRA or other provincial authorities (e.g., IT, hospitality, consulting).
• Applicants for Government Schemes: FTN and filer status are mandatory for schemes like CM Punjab Asaan Karobar Finance.
• Foreign Nationals: Operating businesses in Pakistan or earning taxable income.

Why FTN & Filer Status is Crucial?

• Legal Compliance: Mandatory for tax filing and avoiding FBR penalties.
• Access to Financing: Required for government schemes like CM Punjab Asaan Karobar Finance (non-filers are ineligible).
• Tax Benefits: Filers enjoy lower withholding tax rates (e.g., 7.5% vs. 15% on banking transactions).
• Business Credibility: Enhances trust with clients, suppliers, and financial institutions.
• Avoid Penalties: Non-compliance can lead to fines (e.g., Rs. 2,500–40,000 for late filing) or account restrictions.

Step-by-Step FTN Registration Process

1. Eligibility Check: We assess your tax obligations based on income, business type, or services.
2. Document Preparation: Collect CNIC, proof of address, bank details, and business registration (if applicable).
3. Online Registration: Submit details via FBR’s Iris portal or offline at a Regional Tax Office (RTO).
4. Receive FTN: Issued instantly online or within 1–2 days offline.
5. Filer Status Setup: File your first tax return to achieve filer status.
6. Ongoing Support: Assistance with returns, password recovery, and FBR inquiries.

Requirements for FTN Registration

• Documents:
  • CNIC (for individuals) or business registration certificate (for companies/AOPs).
  • Proof of address (e.g., utility bill or rent agreement).
  • Bank account details (for business entities).
  • Email and phone number for Iris portal access.
• Business Details: Nature of business, income sources, or services provided.
• Registered Address: Must be in Pakistan.
• No Minimum Capital: FTN is free for individuals and businesses.

Fee Structure

Below is the detailed breakdown of government fees (FBR and related authorities) and ARK Tax Consultant’s consultancy fees for FTN-related services:

Government Fees (FBR & Others)

• FTN/NTN Registration: Rs. 0 (free via Iris portal or RTO).
• Income Tax Return Filing: Rs. 0 (no direct filing fee, but tax liabilities vary based on income).
• Late Filing Penalties:
  • Rs. 2,500–40,000 for individuals (based on income and delay).
  • Rs. 10,000–100,000 for businesses (based on turnover and delay).
• Password Recovery: Rs. 0 (processed via Iris portal or RTO).
• Audit/Non-Compliance Fines: Varies (e.g., Rs. 10,000–100,000 or more).

ARK Tax Consultant Fees

• FTN/NTN Registration: Rs. 5,000–8,000 (based on complexity).
• FBR Filer Status Setup: Rs. 5,000–8,000 (includes first tax return filing).
• Income Tax Return Filing: Rs. 3,000–10,000 per return (depending on income/business complexity).
• Password Recovery Services:
  • Registered Number Password Recovery: Rs. 2,000–3,000 (next day).
  • Unregistered Number Password Recovery: Rs. 2,500–4,000 (next day).
  • Direct Password Recovery via CNIC: Rs. 1,500–2,500 (same day).
• Tax Advisory & Optimization: Rs. 5,000–15,000 (per consultation or project).
• Audit Support: Rs. 10,000–25,000 (based on case complexity).
• Additional Services (e.g., PRA/SRB/KPRA Compliance, Company Registration): Rs. 8,000–20,000.
• Note: Fees depend on the complexity of the case and service requirements. Contact us for a tailored quote.

Contact Us

Ready to secure your FTN and filer status? Let ARK Tax Consultant simplify your tax compliance. Contact Muhammad Yousaf at 0333-9697374 or visit our offices in Multan, Islamabad, Lahore, or Karachi. We ensure fast, reliable, and affordable services to keep your business compliant and eligible for opportunities like CM Punjab Asaan Karobar Finance. Start today!