Taxation Services

TAXATION SERVICES

Taxation being a highly specialized area requires skills relating to tax planning, documentation and representations. Pakistani Taxation environment is ever changing and can be challenging for any business. Our main focus is to identify opportunities for our clients that can help them to manage their affairs in the most tax efficient manner. The firm provides end-to-end tax planning, risk assessment to corporate clients, Pakistani Resident Individuals and Non Residents.

Direct Tax (Income Tax)

Tax Services for Corporate Clients

We specialize in Undertaking Direct tax support services for Multinational corporate clients. With our functional Knowledge of ERP (SAP, Oracle, etc.) environment, these services may be provided at the clients place or at our own offices and may be suitably customized as per the requirements of each client.

The services provided include the following:

Handling day-to-day tax matters including replying to various tax notices and providing necessary tax support on regular tax matters
Management of tax records and reports in Soft and Hard files
Tax compliances, including advance Income tax and FTR, NTR compliance, calculations, deposits and filing of various returns and statements
Tax Audit support services – Including compilation of various details for tax audit purposes and providing audit support to auditors
Providing necessary information to Statutory auditors or management auditors in relation to tax matters
Support in compilation of Transfer pricing Documentation and Certification
Compilation of Corporate tax returns (Income tax and wealth tax) and its e-Filing with the revenue department
Providing support in the areas of online tax credits/refunds view etc.
Tax reporting on defined frequencies i.e. monthly quarterly, annually to Parent Company as per their formats
Compilation of Various details for Tax Assessment purposes (Scrutiny, Appellate level) for Income tax
Tax representations before Assessing officers in connection with tax assessments.
Discussions with senior councils for appellate and other important matters
Coordination with the Internal Accounting department of the company for tax related
Support and Tax Account Reconciliation

Personal Taxation Services

The constantly changing tax legislations issues have made it essential for high net worth individuals, owner-managers of businesses, corporate directors and executives to seek expert personal tax advice.

We offer personal tax planning, tax compliance and advisory services covering the following:

Personal Tax Consulting
Personal Tax Compliances – Compiling and Filing of Income Tax Returns
Review and Assistance in Advance Tax Computations
Representation before Tax Authorities in connection with Tax Assessments, Refunds or other matters
Support in getting various Tax Registrations including NTN Certificate
Management of tax records in Soft and Hard forms
Advice on different tax issues like Tax Credit, Rebates, Capital Gains, Loans, and Investments, etc.

Tax Compliances

We undertake Regulatory compliances viz. statutory returns and documents preparations, compilations and e-filings with the revenue authorities including the following:

Tax Audits as per the provisions of the Pakistani Tax Laws
Preparation and Review of Corporate Tax Returns to ensure compliances with the Income Tax Ordinance, 2001 and the various judicial pronouncements
Preparation and Review of the withholding tax (WHT) returns/statements as per the provisions of the Income Tax Ordinance 2001
Seeking Advance Rulings

Tax Representations

Undertake tax representations before different level Revenue Authorities for Tax Assessments of Income Tax and other Tax matters

Foreign Remittance Certifications

We undertake consultancy and Certification services needed for making foreign remittances.

The services under this category broadly include the following:

Advising on the applicability of withholding tax on various foreign remittances as per Pakistani tax laws
Issuing Foreign Remittance Certificates under the various provisions of the Pakistani Income tax Ordinance
Other documentation and remittance support and dealing with authorized dealers in connection with foreign remittances

In Direct Tax (Sales Tax)

We are also specialized in Undertaking Sales Tax support services for Multinational Corporate Clients.

The services provided include the following:

Assistance with Sales Taxation registration
Advice on GST planning and administration
Planning to minimize future problems with Customs and Excise
Assistance in preparation and filing of GST returns
Registration, maintenance of record, and audit counseling for Duty & Tax Remission for Exporter (DTRE).
Negotiating with Customs and Excise in disputes and representing clients at GST tribunals
Conducting Sales Tax Audits