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Tag: pakistan corporate law firm

How is the taxation system structured in Pakistan?

Posted on June 3, 2010 By masood No Comments on How is the taxation system structured in Pakistan?

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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FAQs, Pakistan Taxation

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

Posted on June 3, 2010 By masood 1 Comment on 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. 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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Business Start-Up, FAQs

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

Posted on June 3, 2010 By masood No Comments on 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 (partnership can be from two members to twenty members) usuall  Doctors, Accountants and Lawyers An association not for profit A…

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Business Start-Up, FAQs

Sales Tax Registration and Payment in Pakistan

Posted on June 3, 2010 By masood 1 Comment on 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 the following items: all goods imported into Pakistan, payable by the importers; all supplies made in Pakistan by a registered…

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M&M Services, Pakistan Taxation Law, Sales Tax

M&M Legal Services

Posted on May 24, 2010March 21, 2022 By masood 1 Comment 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 and experienced lawyer to assist you in the dynamic world Masood & Masood will always stand out for you. The…

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M&M Services

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

Posted on August 20, 2009 By masood No Comments on Kh. ZAHID AHMAD and others vs the State (2010 Y L R 526)

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

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

Posted on August 7, 2009 By masood No Comments on Muhammad Shafique Vs The State (2010 M L D 229)

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

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

Posted on July 9, 2009 By masood No Comments on Zeeshan Jamil Vs Judge Banking Court Faislabad (2010 C L D 274)

 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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M&M Exclusive, M&M's Reported Cases

Budget Review 2009-10

Posted on June 13, 2009 By masood No Comments on Budget Review 2009-10

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

Amjad Ali Vs The State (2010 Y L R 512)

Posted on May 12, 2009 By masood No Comments on Amjad Ali Vs The State (2010 Y L R 512)

 2010 Y L R 512   [Lahore]   Before Khawaja Muhammad Sharif, C. J. and M.A. Zafar, J   AMJAD ALI—Petitioner Versus   THE STATE and another—Respondents   Criminal Miscellaneous No. 3811/B of 2009, decided on 12th May, 2009.   Criminal Procedure Code (V of 1898)—   —-S.497—Penal Code (XLV of 1860), Ss.420, 467, 468,…

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