01/06/2026
The SECP is cracking down on corporate transparency. Every company must now disclose its "Ultimate Beneficial Owners" (UBO) through Form-19 by April 30, 2026. This means identifying the real people who pull the strings, even if they aren't formally listed as directors or shareholders. Missing this deadline is expensive. Companies face fines up to Rs. 10 million, and individual directors can be hit with Rs. 1 million. The regulator has warned that legal proceedings will start immediately after the deadline passes.
Don't wait. Log in to the eZfile portal, submit your ownership details, and make sure you keep an internal register at your office. It’s a simple step to avoid a massive penalty.
