Once you incorporate a private limited company in Pakistan, the Securities and Exchange Commission of Pakistan (SECP) expects a set of filings every year. Missing them leads to penalties, and persistent default can lead to your company being struck off the register.
The core annual filings are the Annual Return (Form A, confirming shareholding and particulars), and updates via Form 29 whenever directors or officers change. Companies must also maintain and report beneficial ownership through Form 31 whenever there is a change.
Companies are also required to file annual audited accounts within the prescribed time after the AGM. Even a company that did no business in the year — a dormant company — must still file its return to stay compliant.
The penalties for late filing accrue per day and per default, so a forgotten form can become an expensive problem quickly. We keep a compliance calendar for every corporate client so nothing slips, and we handle the filings end to end.