Frequently Asked Questions

Our office is at DevKey Technologies, Near Haji Noor Zaman Safi Autos, Islamabad. We also serve Rawalpindi in person and all major cities of Pakistan online.

With complete documents, SECP incorporation usually takes 5–10 working days, including name reservation.

It is not mandatory under the Partnership Act 1932, but an unregistered firm cannot file suits against third parties — so registration is strongly recommended.

Companies are legally required to prepare them. For AOPs and individuals with business income, they make tax returns accurate and defend you during FBR scrutiny.

Individual NTNs are usually issued within 24 hours. Company and AOP NTNs take 1–3 working days.

For individuals and AOPs the usual deadline is 30 September; companies with a June year-end generally file by 31 December. FBR sometimes extends deadlines — we keep you informed.

Manufacturers, importers, wholesalers, retailers above the threshold and most service providers must register. Services in Islamabad fall under FBR; provincial services fall under PRA, SRB, KPRA or BRA.

QuickBooks Online, Xero, Zoho Books, Wave and Excel-based systems. We recommend the right fit for your size and budget.

Tax withheld during a month must generally be deposited within seven days of the end of each week in which it was deducted. We handle the schedule for you.

Yes, under the Companies Act 2017 most companies must have annual financial statements audited by a chartered accountant firm. Very small companies may be exempt.

If you provide taxable services in a province, you must register with that province's revenue authority — PRA for Punjab (including Rawalpindi), SRB for Sindh, KPRA for Khyber Pakhtunkhwa, BRA for Balochistan. Services in Islamabad fall under FBR.

A Section 42 company offers the strongest governance and is preferred by international donors. Trusts and societies are faster and cheaper for local charities.

Filing is quick, but IPO examination and publication typically take 12–24 months. Your filing date gives you priority from day one.

Registered IT and IT-enabled service exporters pay a reduced final tax on export proceeds (0.25% with PSEB registration, 1% without), provided remittances come through proper banking channels. Local income is taxed at normal rates.

Yes. Deduction at source does not make you a filer. You must file an annual return to appear on the ATL and enjoy lower withholding rates.

No. Non-residents are taxed only on Pakistan-source income such as rent, business or capital gains in Pakistan. Residency depends on days spent in Pakistan during the tax year.

Retailers above the turnover threshold, those in air-conditioned malls or with large electricity bills must register. We assess your status and register where required.

Yes. Marketplaces withhold income tax and, where applicable, sales tax on seller payouts. These amounts are adjustable against your annual tax if you file correctly.

Capital gains on property acquired on or after 1 July 2024 are taxed at a flat 15% for filers regardless of holding period, with higher rates for non-filers. Older acquisitions follow holding-period slabs. We compute your exact liability.

Many provinces exempt core medical services but tax cosmetic, diagnostic or hospital room services differently. We check the rules for your province and services.

An SMC suits a single founder who wants limited liability. If you plan to bring co-founders or investors, a Private Limited company avoids a later conversion.