The newly integrated System, jointly launched in March 2018 by SECP and FBR, digitally registers companies and issues national tax number (NTN) also called virtual One-Stop Shop for Ease of doing Business registers ________ companies in first 6 months?

Correct answer: B. 7000

  • A. 6000
  • B. 7000
  • C. 8000
  • D. 9000

Explanation

The SECP-FBR virtual One-Stop Shop combines company incorporation with tax registration, reducing separate paperwork for businesses. It registered about 7,000 companies in its first six months, illustrating the system’s early uptake.

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