Regulation 13 — Other information to be obtained or provided

(1) In addition to the particulars of
subscribers as provided in section 31 and 37 of the Act, following further information shall be
provided namely:-
(i) a subscriber, in case of a Pakistani national, shall also specify number of h is valid
CNIC/ NICOP and in the case of foreign national, number of his valid passport.
(ii) in case of a person other than a natural person, the address of its registered office or
principal office shall be mentioned and the authorized representative sign ing the
documents shall likewise provide his particulars.
(2) In case of a subscriber holding at least twenty five percent of the shares, voting rights
or controlling interest 3directly or indirectly, in the proposed company on behalf of some other natural
or legal person, following additional particulars of ultimate beneficial owner(s), shall be obtained and
maintained -
a. Name of the subscriber (natural or legal person)
b. Name of the natural person (s) who is/are the Ultimate Beneficial Owner (UBO) of
subscriber
c. Father’s name/Spouse’s Name of UBO
d. 4CNIC/NICOP/Passport no. of UBO along with date of issue and expiry
5di. Date of birth of UBO
dii. Gender of UBO
e. Nationality of UBO
f. Country of origin of UBO (in case of foreign national or dual national)
6fi. Address of UBO as per CNIC/NICOP/Passport
g. 7 Usual residential address of UBO (in case different than given in
CNIC/NICOP/Passport)
h. Email address of UBO
i. Date in which the UBO status was acquired

3 Inserted the expression “directly or indirectly,” vide S.R.O. 1355(I)/2025 dated 25th July, 2025.
4 Substituted clause (d) vide S.R.O. 1355(I)/2025 dated 25th July, 2025. The original clause read as “CNIC/NICOP/Passport no. of
UBO.”
5 Inserted new clauses “di. Date of birth of UBO” and “dii. Gender of UBO” vide S.R.O. 1355(I)/2025 dated 25th July, 2025.
6 Inserted new clause “fi. Address of UBO as per CNIC/NICOP/Passport” vide S.R.O. 1355(I)/2025 dated 25th July, 2025.
7 Substituted clause (g) vide S.R.O. 1355(I)/2025 dated 25th July, 2025.

(3) In case of indirect shareholding, control or interest being exercised through
intermediary companies, entities or other legal persons or legal arrangements in the chain of
ownership or control through at least twenty -five percent of the shares, voting rights or controlling
interest in the proposed company, reasonable measures shall be taken to obtain the following
particulars of the ultimate beneficial owner of the legal persons or arrangements. If there is no natural
person, it should obtain the identity of the relevant natural person who holds the position of senior
managing official:
Name of entity
Legal form
(Company/LL
P/Partnership
Firm/Trust/An
y other body
corporate (to
be specified))
Date of incorporation/
registration
Name of registering authority
Business address
Country
Email address
Percentage of
shareholding,
control or
interest of
UBO in the
legal person
or legal
arrangement
Percentage
of
shareholding
, control or
interest of
legal person
or legal
arrangement
in the
Company
Identity of
Natural
Person who
ultimately
owns or
controls the
legal person
or
arrangement
(a) (b) (c) (d) (e) (f) (g) (h) (i) (j)

Explanation:- For the purposes of this regulation the term “ultimate beneficial owner” means
a natural person who ultimately owns or controls a company, whether directly or indirectly, through
at least twenty five percent shares or voting rights or by exercising effective control in that company
through other means. Control through other means may be exercised through a chain of ownership or
through close relatives or associates having significant influence or control over the finances or
decisions of the company.