SECP Returns Filing

SECP Returns – Definition & Importance

The Securities and Exchange Commission of Pakistan (SECP) mandates mandatory filings and statutory submissions from businesses registered under the Companies Act, 2017, known as SECP Returns.

To maintain their legal standing and remain in accordance with Pakistan’s corporate regulatory framework, all enterprises, whether private, public, single-member, or nonprofit, are required to submit corporate returns on a regular basis.

  • Annual Returns (Form A / Form 29)
  • Fling of Financial Statements
  • Change in Directorships
  • Alteration in Share Capital
  • Registered Office Change
  • Incorporation-related updates
  • Statutory compliance filings
  • Share transfer and allotment filings

Failure to file SECP returns on time may result in penalties, warnings, corporate strike-offs, or legal consequences.

SECP Returns & Mandates Related to FBR

Although SECP and FBR are two different regulatory entities but both entities share many compliance requirements. Because corporate data is cross-verified using the FBR’s IRIS system, NTN profiles, and tax compliance checks. Registered companies must maintain current SECP corporate information.

SECP filings indirectly affect FBR requirements in the following ways:

  • Updated company profile must match FBR NTN records
  • Directors listed on SECP must be updated in FBR’s portal for tax purposes
  • Annual audited accounts filed with SECP are also required by FBR during audits
  • Company status (active/inactive) is matched in FBR compliance
  • Shareholding and ownership changes influence taxation
  • Corporate tax returns require accurate SECP-reported data

As a result, immediate SECP compliance guarantees that sales and income tax returns are filed promptly and that lapses are prevented from occurring, which could result in FBR audits or notices.

How ULA Helps with SECP Return Filing

Our legal and corporate compliance team at United Law Associates (ULA) competently manages all SECP-related matters, including but not limited to:

  • Preparing & filing annual returns
  • Drafting and submitting statutory forms
  • Handling director changes and capital updates
  • Preparing audited accounts for submission
  • Ensuring alignment between SECP and FBR corporate records
  • Providing legal support for notices, penalties, or corporate disputes

With over 15 years of corporate and legal experience, ULA guarantees that your business continues entirely in accordance with FBR and SECP rules, thereby eliminating risks, sanctions, and regulatory complications.