Trademark, Logo, Name, Word, Brand Registration – IPO Pakistan
Author: masood
Company Registration, Incorporation in Pakistan
Before commencing with company registration/incorporation in Pakistan it is important to recognize what a company in fact stands for? A company can be defined as an “artificial person”, with a discrete legal entity, perpetual succession and a common seal. It is not affected by the death, insanity or insolvency of an individual member. The English word…
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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…
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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…
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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,…
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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…
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…
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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…
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How to do Foreign Investment in pakistan?
Various Corporate structures are available for setting up a place of business in Pakistan for which Masood and Masood, Corporate and Legal Consultants can gice you the best advice in all of Pakistan Law Firms. In terms of the Investment Policy of the Government of Pakistan, there are three (03) ways, whereby, a foreign company may…