Private limited companies in Pakistan are subject to corporate income tax at 29% and have comprehensive annual compliance requirements including audit, tax return, and monthly WHT filing. Kamboh Associates provides end-to-end corporate tax compliance for private limited companies across Pakistan.
Private limited company tax return in Pakistan 2026: 29% corporate rate, 31 December deadline, audit, late-filing penalty and corporate filing fees. NTN registration from Rs. 2,000.
Corporate Tax Obligations for Private Limited Companies
A private limited company registered with SECP is a separate legal entity for tax purposes. It must obtain its own NTN, file annual income tax returns, have accounts audited by a chartered accountant, file monthly withholding tax statements, and comply with sales tax obligations if applicable. Non-compliance results in penalties and can trigger FBR notices.
Annual Compliance Checklist
- Audited Financial Statements - Prepared by a registered chartered accountant
- Corporate Income Tax Return - Filed on FBR IRIS by 31 December (for 30 June year-end)
- Advance Tax - Paid quarterly in four equal installments based on prior year tax
- Monthly WHT Statements - Filed by 15th of every month for the prior month
- Sales Tax Return - Monthly if registered for sales tax
- SECP Annual Return - Filed with Securities and Exchange Commission of Pakistan
Our Corporate Services
- Company NTN registration
- Annual corporate tax return preparation and filing
- Coordination with auditors for financial statements
- Monthly WHT statement filing
- sales tax registration (STRN) and monthly returns
- Advance tax calculation and payment scheduling
- FBR notice response and representation
If a Company Return Is Late
A company that misses its filing date can face a penalty under section 182 and default surcharge on any unpaid tax under section 205, at a KIBOR-linked rate. The penalty is imposed through an order after a notice, so a documented reason for the delay can be put forward. Directors should also remember that SECP filings, such as the annual return and audited accounts, have their own deadlines and penalties.
Fees
Corporate returns start from Rs 18,000, NTN registration is Rs 2,000 and withholding statements are Rs 3,000 per month on our pricing page.
Frequently Asked Questions
Is a company late-filing penalty automatic?
It is imposed through a notice and an order under section 182, giving the company a chance to explain the delay.
What is the corporate income tax rate in Pakistan 2026?
The corporate income tax rate for private limited companies in Pakistan is 29% on net profit for the tax year 2026. Banking companies pay a higher rate. Small companies may qualify for reduced rates if they meet eligibility criteria.
When is the deadline for company tax return in Pakistan?
For companies with a 30 June year-end (most common), the tax return is due by 31 December. Companies with a different financial year-end have 6 months after their year-end to file.
Is a company audit mandatory in Pakistan?
Yes. All private limited companies in Pakistan are required to have their financial statements audited by a registered chartered accountant under the Companies Act 2017. Audited accounts are required for FBR tax return filing and SECP annual return submission.
Corporate Tax Compliance - Complete Solutions
WhatsApp 0328-4675162 for a complete corporate compliance package. We handle everything from audit coordination to FBR returns.