Tag: company formation

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

June 3, 2010 masood No Comments

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 (partnership can be from two members to twenty members) usuall Doctors, Accountants and Lawyers An association not for profit A…

Business Start-Up, FAQs

Company Registration, Incorporation in Pakistan

June 3, 2010 masood 8 Comments

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…

Company Incorporation, M&M Services

Sales Tax Registration and Payment in Pakistan

June 3, 2010 masood 1 Comment

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, payable by the importers; all supplies made in Pakistan by a registered…

M&M Services, Pakistan Taxation Law, Sales Tax

M&M Legal Services

May 24, 2010March 21, 2022 masood 1 Comment

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…

18th Amendment to the Constitution of Pakistan

April 12, 2010 masood No Comments

18th Amendment Apr 9: The National Assembly on Thursday unanimously approved the 18th Amendment Bill. Following is the full text of the bill.TO BE INTRODUCED IN THE NATIONAL ASSEMBLY further to amend the Constitution of the Islamic Republic of Pakistan WHEREAS it is expedient further to amend the Constitution of the Islamic Republic of Pakistan…

News, Views and Reports

National Judicial Policy Of Pakistan

January 20, 2010 masood 4 Comments

National Judicial Policy 2009 [Revised Edition] The Policy is an attempt to streamline the judicial system in the country and make it responsive to the present-day requirements of society. The objective is to clear the huge backlog that has accumulated over the years at all level of judicial hierarchy. The…

News, Views and Reports

Kh. ZAHID AHMAD and others vs the State (2010 Y L R 526)

August 20, 2009 masood No Comments

2010 Y L R 526 [Lahore] Before Khawaja Muhammad Sharif, C.J. and Ijaz Ahmed Chaudhry, J Kh. ZAHID AHMAD and others—Petitioners Versus THE STATE—Respondent Criminal Miscellaneous No. 9216/B of 2009, decided on 20th August, 2009. Criminal Procedure Code (V of 1898)— —-Ss.498—Penal Code (XLV of 1860), Ss.406/109—Criminal breach…

M&M Exclusive, M&M's Reported Cases

Muhammad Shafique Vs The State (2010 M L D 229)

August 7, 2009 masood No Comments

2010 M L D 229 [Lahore] Before Ijaz Ahmad Chaudhry, J MUHAMMAD SHAFIQUE—Petitioner Versus THE STATE—Respondents Criminal Miscellaneous No. 8747-B of 2009, decided on 7th August, 2009. Criminal Procedure Code (V of 1898)— —-S.498—Penal Code (XLV of 1860), Ss.419, 420, 467 & 471—Cheating, forgery and using as genuine forged documents—Pre-arrest bail, refusal of—In the present…

M&M Exclusive, M&M's Reported Cases

Zeeshan Jamil Vs Judge Banking Court Faislabad (2010 C L D 274)

July 9, 2009 masood No Comments

2010 C L D 274 [Lahore] Before Umar Ata Bandial, J ZESHAN JAMIL—Petitioner Versus JUDGE BANKING COURT, FAISALABAD and 2 others—Respondents Writ Petition No. 8096 of 2009, decided on 9th July, 2009. Financial Institutions (Recovery of Finances) Ordinance (XLVI of 2001)— —-S.16(3)—Constitution of Pakistan (1973) Art.199—Constitutional petition—Obtaining property through finance lease—Taking over of possession of…

M&M Exclusive, M&M's Reported Cases

Budget Review 2009-10

June 13, 2009 masood No Comments

BUDGET 2009-10 TAX COMMENTRY ON FINANCE, BILL 2009′ BUDGET 2009-10 TAX COMMENTRY ON FINANCE, BILL 2009 MASOOD & MASOOD (CORPORATE & LEGAL CONSULTANTS) June 13, 2009 MOVING PAKISTAN’S TRAIN The point to remember is that what the government gives it must first take away. ~John S. Coleman, address, Detroit Chamber of Commerce, 1956…

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M&M Exclusive, M&M Pakistan Budget Review 2009