Is Your Company at Risk?
The Securities & Exchange Commission of Pakistan (SECP) is strictly enforcing Section 123A of the Companies Act, 2017. If your company has not identified its Ultimate Beneficial Owners and filed Form 19 via the eZFile portal, you are at immediate risk of enforcement action.
Key Requirements
- Identification of Ultimate Beneficial Owners is mandatory
- Form 19 must be filed electronically through the SECP eZFile portal
- Non-compliance can lead to severe regulatory consequences
Non-Compliance Penalties
Failure to comply may result in severe regulatory action and substantial financial penalties:
- For Directors/Officers: up to Rs. 1,000,000
- For the Company: up to Rs. 10,000,000
Overdue Filings Must Be Submitted Immediately
Avoid regulatory action today — submit your overdue Form 19 filing immediately to avoid penalties and enforcement proceedings.
Why Businesses Trust Us
- Professional tax consultants and legal experts
- Fast, accurate preparation of Form 19
- Direct submission through the SECP eZFile portal
- Complete peace of mind and protection from heavy fines
- Expert guidance throughout the compliance process
IMAAR Associates is a SECP-incorporated company (Private Limited) with members registered with ICMAP and the Lahore Bar Association, and 16 years of professional experience in tax and corporate compliance matters. Don’t wait until it’s too late — contact us today for an immediate consultation.