Import & Export Registration is a mandatory legal requirement for businesses engaged in international trade in Pakistan. It ensures compliance with applicable laws and regulatory requirements.

Among other rules and laws governing the registration of imports and imports in Pakistan are the Customs Act of 1969, Sales Tax Act of 1990, and Income Tax Ordinance of 2001.

Registration, including obtaining a National Tax Number (NTN) and a Sales Tax Registration Number (STRN) from the Federal Board of Revenue (FBR), is the first step for businesses engaged in the import or export of goods in Pakistan. All businesses engaged in international trade must obtain these numbers before importing or exporting goods.

Once a company has obtained the required NTN and STRN, it may apply for an Import or Export Registration Certificate from Pakistan Customs. Valid for one year, this certificate is necessary for the approval of products at the exit or entry port.

Application for Import / Export Registration

A company must submit an application form together with the following papers to apply for an import or export registration certificate:

• copies of NTN and STRN;
  
  
• Copy of the business registration certificate;
  
  
• A copy of the CNIC or passport of the authorized signatory; and
  
  
• Bank statement or bank certificate.

Besides the import or export registration certificate, depending on the type of goods being imported or exported, additional licenses or permits may also be required. As an example, companies that import or export goods that are controlled or restricted might be asked to have an import or export license to the appropriate authorities.

Business owners have to make sure they follow all applicable laws and rules when importing or exporting goods once they get their import or export registration certificate. This includes making sure the imported or exported items are free from any trade restrictions or sanctions as well as adhering to customs laws and paying any due taxes and duties.

Besides the registration procedure for imports or exports, firms have to make sure they adhere to all pertinent legislation and rules pertaining to foreign currency, including the Foreign Exchange Regulations Act, 1947. This entails getting the required foreign currency permissions and making sure all foreign currency exchanges follow the rules.