Masood & Masood (Corporate & Legal Consultants) has grown from a speck in Pakistan Legal and Corporate Consultancy firms to one of the most reliable law firms practicing in Pakistan. All this is attributable to the never ending effort and dedication with which attorneys/lawyers/solicitors/consultants/accountants and advisors at Masood & Masood work. The aim to produce […]
M&M Solutions
Frequently Asked Questions
Masood & Masood (Corporate and Legal Consultants) is a top notch consultancy firm in Pakistan, providing business solutions with both technical and Legal Support. The Firm has extensive knowhow of the best practices in Pakistan Business Environment. We are frequently called upon to express our opinion on Legal , Compliance and Marketting Matters by various companies/individuals. Many Lawyers/Attorneys/Consultants […]
M&M Legal Services
Law applicable in Pakistan is predominantly Inherited from the British, however several amendments and new legislation has been brought in to Pakistan to cater the needs of a more dynamic pakistan, therefore, employing a qualified and experienced lawyer to assist you in the dynamic world Masood & Masood will always stand out for you. The […]
How is Foreign Investment administered in Pakistan?
Foreign direct investment (FDI) refers to long term participation by a country A into country B (in this case Pakistan) . It usually involves participation in management, joint-venture, transfer of technology and expertise. There are two types of FDI: Inward foreign direct investment and; Outward foreign direct investment resulting in a net FDI inflow (positive […]
What is the process to sell Real Estate in Pakistan Law?
Sale of real estate in Pakistan normally takes place through a title document known as a Sale Deed, except in certain cases e.g. purchase of real estate in Defence Housing Authority (DHA) or in a housing society where sale deed is not executed for transfer of title in real estate and an allotment letter/transfer letter […]
TRADEMARK REGISTRATION IN PAKISTAN
PAKISTAN TRADEMARK / BRAND NAME /LOGO REGISTRATION Before understanding Trademark Registration process in Pakistan, it is important to understand what a trademark actually is and what rights it bestows? A trademark or trade mark is a distinctive sign or indicator used by an individual, business organization, or other legal entity to identify that the products […]
What is tax treatment of Real Estate Gains in Pakistan?
Taxation of Gains from Real Estate in Pakistan The Constitution excludes legislation on taxation of capital gains from the purview of the federal government. The income tax law has also been harmonized with these constitutional provisions by excluding the immovable property from the definition of capital asset, whose gain is liable to tax. Despite this, […]
Contingent Professional Fee!
Client asks his lawyer that “what does contingent professional fee means?”, lawyer answers, “A contingent professional fee to a lawyer means, if I lose your suit, I get nothing. BUT If I do win it, you get nothing”
Income Tax
Income Tax in Pakistan is one of the top most contributors to Tax income of government of Pakistan. Many changes in taxation has been introduced to promote income tax registered persons as opposed to non-registered persons. Taxation according to a person’s ability to pay is universally accepted principle, and income is considered a satisfactory though not […]
Quaid: Pakistan’s Founding Lawyer Speaks
Quaid-e-Azam ( Muhammad Ali Jinnah ) Said It “I have nothing to do with this pseudo-religious approach that Gandhi is advocating” Jinnah speaking to Durga Das in London “Come forward as servants of Islam, organise the people economically, socially, educationally and politically and I am sure that you will be a power that will be […]
What is the Law for Leases (LandLord & Tenant Law) In Pakistan?
Law for the Landlord Landlord must ensure that lease of an immovable property is executed in writing. Lease of immovable property for a period of less than a year does not require compulsory registration. However, lease of immovable property for a period of more than a year must be registered. If the tenant refuses to […]
Is there any Federal Excise Duty and/or special excise duty in Pakistan Law?
Federal Excise duty formerly known as Central Excised Duty is Levied by the government of Pakistan as Federal Tax on the following: Goods produced or manufactured in Pakistan Goods imported into Pakistan Such goods as the Federal Government may, by notification in the official Gazette, specify, as are produced or manufactured in the non-tariff areas […]
General Pervez Musharraf Said That:
I am not at all a politician. I don’t think I’m cut out for politics. I am certainly not going to stand for election. Islam teaches tolerance, not hatred; universal brotherhood, not enmity; peace, and not violence. Remember that mindsets can not be changed through force and coercion. No idea can ever be forcibly thrust […]