Banking and Finance in Pakistan

Due to boom in Pakistan’s Banking and financial sector  few years back, litigation has significantly increased due to two reasons. Banks in Pakistan are now operating more stringent policies to improve the recovery of Debts […]

What are the Federal Taxes Applicable in Pakistan?

Following are major taxes collected vide law and legislation levied by the Pakistan Federal government. Federal Government Taxes: Income Tax Super Tax Wealth Tax Gift tax Turnover Tax Corporate Asset Tax Corporate Income Tax (A) Import […]

What is Capital Value Tax in Pakistan?

Capital Value Tax on Real Estate Related Transactions in Pakistan  A Capital value tax at the rate of 2 percent of recorded value has been levied vide Finance Act, 2006. This is applicable in urban […]

What is the Process of Trademark Registration in Pakistan?

Following are the Steps for trademark registration in pakistan: Search before filing of Application. Filing of Application. Preliminary Examination. Final order for Publication. Printing in Trademarks Journal. Opposition Procedure. Issuance of Registration Certificate. Renewal of […]

What are the Steps/Process for Company Formation/Incorporation in Pakistan?

The Steps to formation/incorporation of a company in pakistan are as follows; Seek Approval from the concerned ministry if special permission before incorporation/formation of a  company in Pakista is required Seek approval for the availability of the proposed name. […]

What are the types of Businesses a person / company can start in Pakistan?

A person who intends to start/form a business in pakistan can work as any of the following given proper approvals and licenses are acquired by the individual/person : A sole trader A sole service provider A partnership […]

Sales Tax Registration and Payment in Pakistan

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 […]

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 […]

Constitution of Pakistan (A Summary)

The Constitution of the Islamic Republic of Pakistan (Urdu: ???? ??????? ) is the supreme law of Pakistan. It is also known as the Constitution of 1973, and is the successor to two earlier documents, […]

BANKING COMPANIES ORDINANCE, 1962