Appointment of Legal Advisor / Advocate / Lawyer in Pakistan is Mandatory

Every company registered in Pakistan, having paid up capital of Rs.500, 000 or more is required to appoint a legal adviser / Advocate or a Lawyer approved by Bar Council in terms of the Companies […]

What Products / Services are subject to Sales Tax in Pakistan?

Sales Tax in Pakistan is levied at various stages of economic activity at the rate of 0 upto 21 per cent by the government of Pakistan on the following items: all goods imported into Pakistan, […]

What is the Taxable Turnover Limit for Sales Tax Registration in Pakistan?

Every person who makes a taxable supply or engages himself in sales tax chargeable service in Pakistan is required to be registered under the Sales Tax Act, 1990. However if taxable turnover is below five million rupees and also […]

How to Register a Company in Pakistan?

Company registration in pakistan remains the most favored form of business organisations in Pakistan. Incorporation of a company really helps boost up business for medium as well as large-scale business enterprises. Legal regime for establishment and regulation of […]

What are Muncipal and Provincial Taxes i.e Non-Federal Taxes in Pakistan?

The various Provincial and Municipal Taxes Applicable in Pakistan and Legislatio are as follows: Provincial Taxes: Professional Tax Property Tax Vehicle Tax Stamp Duty Entertainment Tax Betterment Tax Social Security Contribution Explosive Licence Fee Provincial […]

What is a Patent?

Before commencing on patent registration in pakistan, one must first understand what a patent actually is. In pakistan law like most of countries in the world, a patent is a grant from the Government, which […]

How are companies in Pakistan taxed?

Pakistan’s taxation system for company’s is based upon two basis i.e. Direct Taxation and Indirect Taxation. Effective rate of tax may differ for company’s depending upon their size, allowances and exemption to particular company/industry, location, […]

What are the Income Tax Rates applicable in Pakistan?

Income Tax Rates applicable in Pakistan.  Following general rates of tax are currently applicable in Pakistan for tax year 2010: Corporate Tax Rate: 0 upto  35% depending on company size and net tax profit In case […]