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Company registration in Pakistan is a crucial step for entrepreneurs looking to formalize their business operations. This guide outlines the essential steps to successfully register your company with the Securities and Exchange Commission of Pakistan (SECP) in 2024. Step 1: Choose a Business Structure The first step in the registration process is to decide on … Read more

In Pakistan, verifying whether a company name is already registered is a crucial step before proceeding with the incorporation process. This ensures that the name you wish to use for your business is unique and complies with the legal requirements set by the Securities and Exchange Commission of Pakistan (SECP). In this blog pst guide, … Read more

In the ever-evolving landscape of Pakistan’s tax system, Section 7E Tax has emerged as a significant development for property owners. Introduced through the Finance Act of 2022, this provision has far-reaching implications for residents who own immovable property in the country. At TaxAccountant.pk Tax Consultants Islamabad, we are committed to keeping our clients informed about … Read more

The transition from WeBOC (Web-Based One Customs) to PSW (Pakistan Single Window) represents a significant evolution in the trade facilitation landscape of Pakistan. This shift is not merely a change in technology; it marks a transformative step aimed at enhancing the efficiency and effectiveness of trade operations within the country. Here’s why PSW is the … Read more

Understanding Property Purchase and Sale Tax Rates for 2024 in Pakistan As property transactions in Pakistan evolve, it is crucial for buyers and sellers to understand the applicable tax categories and rates. Two significant tax categories that impact property transactions are 236-C (Gains Tax) and 236-K (Advance Tax). The new tax rates for these categories will take effect … Read more

The Federal Board of Revenue (FBR) has introduced important guidelines and amendments to Section 116(3) of the Income Tax Ordinance, aimed at enhancing transparency and compliance in the filing of foreign income and assets statements. These changes are crucial for taxpayers to understand their obligations and the procedures involved. Below, we outline the key points … Read more

Filing taxes as a freelancer in Pakistan involves several essential steps, from registration to submission. This comprehensive guide is designed to help freelancers who earn through platforms like Fiverr and Upwork navigate the tax filing process with the Federal Board of Revenue (FBR) effectively in 2024. Step 1: Register with FBR Obtain a National Tax … Read more

Staying informed about your tax filer status is essential for compliance with the Federal Board of Revenue (FBR) regulations in Pakistan. Understanding your status can help you navigate the complexities of the tax system, avoid penalties, and take advantage of various benefits available to active taxpayers. The FBR provides a straightforward method to check your … Read more