SECP Section 42 Licensing

SECP Section 42 Non-Profit (NPO / NGO) Licensing & Charity Registration

We handle turnkey statutory licensing for non-profit and charitable organizations under Section 42 of the Companies Act 2017. Our team secures the SECP Section 42 license, facilitates Ministry of Interior security clearances, registers the entity with the Charity Commission, and obtains 100% tax credit status under FBR Section 100C.

Timeline: Licensing & Incorporation in 4 to 8 Weeks Advocates High Court & Tax Counsel

Who Needs This Service?

Philanthropists, welfare associations, educational trusts, healthcare foundations, and CSR arms of corporate groups.

How It Works (Step-by-Step)

1

Name Clearance & Non-Profit Charter Drafting

Draft non-profit charter and objects clause complying with SECP Non-Profit Regulations.

2

Section 42 License Petition & Security Clearances

Submit petition to SECP Commission, facilitating Ministry of Interior / Home Department vetting.

3

Incorporation & FBR 100C 100% Tax Credit Approval

Incorporate company, register with Charity Commission, and secure FBR 100C tax exemption.

Documents & Requirements

Statutory documentation split between client-provided records and consultant drafting

Client Records Prepared by Us
Provided By Client
  • Detailed statement of non-profit welfare objectives and 3-year projected financial budget.
  • CVs, CNIC / Passport copies, and statutory affidavits of all promoters/directors.
  • Fit and proper declarations under SECP Non-Profit Regulations.
  • Proof of registered office address and seed funding source.
Prepared By Consultant
  • Preparation of Section 42 License petition and non-profit charter.
  • Multi-agency security clearance facilitation (MOI / Home Department).
  • Procurement of Certificate of Incorporation and Charity Commission registration.
  • FBR Section 100C 100% Tax Credit Certification approval.

Engagement & Retainership

Turnkey legal retainer covering SECP licensing, Ministry vetting, and FBR tax exemption approval.

Frequently Asked Questions

A Section 42 company provides corporate governance credibility, perpetual succession, transparency, and global donor recognition under SECP regulatory supervision.
After SECP incorporation, we apply to the FBR Chief Commissioner under Section 100C of the Income Tax Ordinance to secure 100% tax credit on all donations and operational surplus.
Legal Basis: Companies Act 2017 (Section 42); SECP (Licensing under Section 42) Regulations 2018; Income Tax Ordinance 2001 (Section 100C). Content last reviewed: October 2026

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