SECP Annual Compliance Checklist: Form A, Form 29 & Financial Audit Deadlines
A step-by-step corporate secretarial masterclass for company directors on SECP annual return filings under the Companies Act 2017, Form A/B submissions, Form 29 director notifications, and Chartered Accountant financial audits.
- •Form A / Form B: Annual Return of Company Capital & Shareholders due within 30 days of AGM.
- •Form 29: Particulars of Directors & Officers due within 14 days of any appointment or resignation.
- •AGM Holding Mandate: Hold Annual General Meeting within 120 days of financial year-end (by Oct 28).
- •Audited Financial Statements: Mandatory for companies with capital of PKR 3M+ audited by ICAP Chartered Accountant.
Table of Contents
- 1. Why SECP Annual Compliance Is Mandatory for Every Company
- 2. Form A vs Form B Filing Rules & Deadlines
- 3. Form 29: Reporting Changes in Directors & Chief Executive
- 4. Statutory Financial Audit Requirements (PKR 3M Threshold)
- 5. Avoiding Show-Cause Notices & Director Disqualifications
- 6. Frequently Asked Questions
1. Why SECP Annual Compliance Is Mandatory for Every Company
Under the Companies Act 2017, registering a company with SECP brings ongoing corporate secretarial duties.
Failure to submit annual returns puts the company on SECP's defaulting list, blocking good standing certificates and bank account operations.
2. Form A vs Form B Filing Rules & Deadlines
Multi-member Private Limited companies file Form A within 30 days of their Annual General Meeting. Single Member Companies file Form B.
SECP ANNUAL COMPLIANCE SERVICES
File Your SECP Annual Compliance Returns with ADVAQ
ADVAQ prepares Form A/B, Form 29, AGM minutes, manages Chartered Accountant financial audits, and clears SECP default notices.
3. Form 29: Reporting Changes in Directors & Chief Executive
Whenever a director resigns, a new director is appointed, or address details change, SECP Form 29 must be submitted on eServices within 14 business days.
4. Statutory Financial Audit Requirements (PKR 3M Threshold)
Under Section 223, companies with paid-up capital exceeding PKR 3,000,000 must present audited financial statements prepared by an ICAP-registered Chartered Accountant.
5. Avoiding Show-Cause Notices & Director Disqualifications
Unresolved filing defaults lead SECP to issue show-cause notices under Section 479 and initiate director disqualification proceedings under Section 172.
Frequently Asked Questions
SECP CORPORATE SECRETARIAL SOLUTIONS
Maintain 100% SECP Annual Compliance
Form A/B returns, Form 29 director updates, AGM minutes, Chartered Accountant audit reports, and SECP default clearance.