Starting a business in Pakistan can be daunting, but a sole proprietorship may be the perfect option for those looking to be their own boss. This business structure allows for complete control and flexibility, but it also comes with challenges. This blog post will explore the benefits and challenges of starting a sole proprietorship in …
The Benefits and Challenges of Sole Proprietorship in Pakistan Read More »
There are a few ways to register a sole proprietorship in Pakistan. The simplest way is to go to the local registrar’s office, fill out a form, and pay the fee. However, this can also be a hassle, and many people prefer to avoid the hassle altogether by using an online registration service like CMA …
How to Register a Sole Proprietorship in Pakistan? Read More »
Taxes are an essential part of any nation’s economy, and it is crucial to understand the different types of taxes and how they affect us. There are two main types of taxes in Pakistan: Sales Tax and Income Tax. Both of these taxes serve different purposes and have different rules and regulations. Understanding the differences …
Difference between Sales and Income Tax in Pakistan Read More »
In Pakistan, owning a sole proprietorship is a legitimate company structure. This type of corporate ownership classifies the owner as the company’s sole proprietor. The unique feature of this type of business ownership is that there is just one owner. That person is regarded as the only owner of the company. There is no separation …
What Is a Sole Proprietorship and it’s Examples? Read More »
A tax imposed on the sale of goods and services is known as sales tax. In Pakistan, the government levied the sales tax on the sale of goods and services at a rate of 16 percent. The tax is imposed on the sale price of goods or services. The tax is collected by the government …
Finding a tax consultant can be daunting, especially if you need help figuring out where to start. There are a lot of factors to consider, and you want to make sure you find the right fit for your needs. If you live in Lahore, Pakistan, there are a few ways to find a tax consultant …
How To Find A Tax Consultant Near Me In Lahore (PK) Read More »
A sole proprietorship is a legal form of business ownership in Pakistan. Under this form of business ownership, the individual who owns the business is considered its sole proprietor. A sole proprietorship is the simplest business form. It is distinguished by the fact that there is only one owner under this form of business ownership. …
Sole Proprietorship: Advantages And Disadvantages In Pakistan Read More »
An Association of persons or AOP (also known as a Partnership) is a business run by all partners in accordance with the agreement or partnership deed they signed when the partners registered the business. Partners have unlimited culpability since the partnership is not a separate legal entity and because each partner could commit any wrongdoing, …
How To Register A Partnership Firm And AOP In Lahore, Pakistan Read More »
According to the Sales Tax Act of 1990, everyone who engages in making taxable supply in Pakistan, including zero-rated sales, in the course or advancement of any taxable business that he engages in falls into one of the following categories: register if they haven’t done so before. Such a person must register for tax via …
How to Apply and get a Sales Tax Registration Number in Pakistan? Read More »
Every registered individual must file a Sales Tax Return under the Federal Excise Act of 2005 or the Sales Tax Act of 1990. In addition to providing information about transactions during a tax period, taxpayers must also deposit their tax liability through a sales tax return. How To File A Sales Tax Return In Pakistan …
How To File Sales Tax Return In FBR IRIS In Pakistan? Read More »
