(Corporate, Tax & Legal Consultants) – Pakistan Based Law Firm
Taxes in Pakistan have a large spectrum which include taxes at muncipal level upto Federal Level. Legislation and Law exists to regulate all type of taxation. A broad description regarding the nature of administration of these taxes is explained below: Direct Taxes Direct taxes primarily comprise income tax, alongwith supplementary role of wealth tax. For the…
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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. File a range of documents to the Registrar which varies from company to company depnding on whether it is a single member company,…
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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…
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Intellectual property (IP) crime is a generic term used to describe a wide range of counterfeiting and piracy offences. Trademark counterfeiting and copyright piracy are serious Intellectual Property crimes in Pakistan as around the world that: defraud consumers, threaten the health of patients, cost society billions of dollars in lost government revenues,foreign investments or business profits violate…
Effective Planning with Prompt and decisive leadership having clearcut goals are the keys to success in any business and the same is the case in Pakistan. Pinpointing exactly every area is difficult as businesses vary due to business nature, business leader , business size, business morals and so on. The following key points should be kept in…
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Business Startups in Pakistan require a host of corporate formalities which may vary due to Legal Person Involved : Individual , Partnership , Company or else. Residence status of the legal person: Non-residents may require more registrations and approvals to go through Business Sector: Service Industry, Manufacturing , non-profit and so forth. Many departments of…
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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…
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…
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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…
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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…
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