Author: Advocate Shahid

Want to get the FBR IRIS Login in Pakistan? Access the official FBR IRIS 2.0 Portal. All registered taxpayers log in using their Registration No. and Password. Persons use their CNIC and AOPs and companies use their National Tax Number (NTN) as their registration number. For newly registered individuals as an individual taxpayer, register by selecting…

How to File Income Tax Return Online in Pakistan, many taxpayers delay filing because they believe the process is complicated. In reality, if you prepare the required documents and understand the FBR IRIS system, you can complete your return efficiently. How to File Income Tax Return Online in Pakistan (Step-by-Step Guide) 1: Create an FBR…

Documents Required For AOP Registration in Pakistan, in order to be registered as an Association of Persons (AOP) in Pakistan, a number of documents are required. These are a signed partnership deed, the CNICs of all the partners, evidence of business address, e.g. a rental agreement or ownership document, a current utility bill, and an…

The decision of AOP vs Company vs Partnership in Pakistan may seem confusing not only because of the difference in rules of ownership and liability, but also due to the difference in registration, taxation and compliance rules between these. The appropriate selection will rely on the type of business needs. An Association of Persons (AOP)…

There is No Cost for NTN Registration in Pakistan and it is legally mandatory for anyone who earns taxable income to be registered as an NTN with FBR. Your NTN is identical to your 13 digit CNIC in case of individuals. It’s very easy to register online which takes less than 10 minutes. Most Important…

When deciding to Register an AOP in Pakistan, you should realize there are usually Two Types of registrations of a conventional partnership business: Firm/partnership registration with the relevant provincial Registrar of Firms; and Income-tax registration with FBR so the Association of Persons receives its National Tax Number (NTN). How to Register an AOP in Pakistan…

As highlighted by Advocate Shahid (Tax Law Specialist in Lahore). FBR Registration in Pakistan is a key step for many taxpayers, business owners, and professionals. Whether you are registering for the first time or trying to understand the process better, this guide explains the basic requirements, the role of IRIS, and what to expect during registration….

AOP Tax Rate in Pakistan, Associations of Persons (AOPs) are subject to progressive taxation between 0 and 35 per cent (or 40 per cent in the case of professional firms), depending on the slabs of income liable to taxation in the case of individuals. There is a 10 percent surcharge when the taxable income is…

As asserted by Advocate Shahid (Corporate Tax Advisor in Lahore). There are dedicated tax consultancies that offer “Monthly Return Filing Services in Lahore Pakistan“, including Righttaxadvisor.pk. They also deal with Federal Board of Revenue (FBR) income tax, sales tax (GST), and withholding tax compliance, and make sure that filings are made by the 18th of…

From the standpoint of Advocate Shahid (Tax Compliance Expert in Lahore). The Audit Support Services in Lahore Pakistan are delivered by a combination of the Big four companies KPMG, EY, PwC (with A.F. Ferguson), and Deloitte (with Yousuf Adil) alongside the reputable local ones: Right Tax Advisors, Mohsin and Co., M.A. Chaudhari and Co., and…

Form C in Pakistan is the Certificate of Registration which is issued upon Registration of a Partnership Firm by the Registrar of Firm in the Partnership context. It is proof of the firm’s registration and not the partnership deed, FBR NTN or a recent form from the SECP for the incorporation of a company. The…

The tasks of registering and maintaining partnership firm’s record and register are vested in the hands of the Registrar of Firms Lahore under the provisions of the Punjab Partnership Act, 1932. The appointment of a partnership firm, changes in the partnership and Registration Certificate (also known as Form C) are provided by relevant authorities of Punjab…